Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.138%7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$378as in the Funding arb table

Net, price: spread back to 7d avg − costs−$399as in the Price arb table

costs, in and out, $10k−$3793.788% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.275%+$27 · spread now −0.138%, 7d avg +0.068%

Together, before fees+0.281%+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.206% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009420	0.0100	pay 0.0050% / 4h	14m 03s	$274K	$52K	25x
Short	Binance SAHARAUSDT	0.009407	0.0100	get 0.0050% / 4h	14m 03s	$4.4M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now −0.138%Rate

Funding earned: $0
Price spread: −0.138% → +0.068%: −$20.63
Slippage, 4 orders: −$356.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$399.38
Costs to cover: 3.788%
Break-even: never at this rate

Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 47 min ago	5.30 bp	200.9 bp −$201	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.60 bp	17.8 bp −$18	61.1 bp −$611	doesn't fit	doesn't fit

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SAHARAUSDTshort	+0.0100%	4h	0.009407	−0.138%	$4.4M	$4.9M	25x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009420	0.000%	$982K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009420	0.000%	$213K	$47K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009407	−0.138%	$1.4M	$224K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009420	long leg	$274K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009410	−0.106%	$143K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009400	−0.212%	$20K	$257K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009405	−0.157%	$2K	$216K	5x	as long as short
Aster SAHARAUSDT	+0.0274%	4h	0.009413	−0.069%	$62K	$19K	5x	as long as short
Bybit SAHARAUSDT	+0.0351%	4h	0.009416	−0.042%	$1.9M	$1.2M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0352%	4h	0.009413	−0.074%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0352%	4h	0.009421	+0.012%	$22K	$12K	—	as long as short
Bitget SAHARAUSDT	+0.0364%	4h	0.009421	+0.011%	$1.2M	$406K	25x	as long as short