SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0322%/8h= +35.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.034%

Price spread now: BingX against KuCoin−0.064%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$482as in the Funding arb table

Net, price: spread back to 7d avg − costs−$502as in the Price arb table

costs, in and out, $10k−$4864.859% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.064%, 7d avg +0.096%

Together, before fees+0.242%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.160% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.096%). If the spread goes back, that is −$16 on $10k: about 40 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.040% in total) that is about 28 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009430	0.0100	pay 0.0050% / 4h	3h 23m	$275K	$51K	25x
Short	BingX SAHARA-USDT	0.009424	0.0422	get 0.0211% / 4h	3h 23m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.064%Rate

Funding earned: $67.62
Price spread: −0.064% → +0.096%: −$15.98
Slippage, 4 orders: −$463.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$434.22
Costs to cover: 4.859%
Break-even: 52.0 days

Slippage from KuCoin: live order book, 27 min ago; BingX: live order book, 10 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, 27 min ago	10.59 bp	235.6 bp −$236	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	3.72 bp	15.9 bp −$16	57.9 bp −$579	1062.0 bp −$106.2K	1407.6 bp −$703.8K

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 SAHARAUSDT	+0.0100%	4h	0.009420	−0.104%	$4.4M	$4.9M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009431	+0.011%	$981K	$1.0M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009440	+0.106%	$214K	$44K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009420	−0.106%	$1.4M	$221K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009430	long leg	$275K	$51K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009441	+0.118%	$145K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009430	0.000%	$21K	$258K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009415	−0.158%	$5K	$216K	5x	as long as short
Aster SAHARAUSDT	+0.0316%	4h	0.009426	−0.042%	$62K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0376%	4h	0.009430	0.000%	$1.2M	$397K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDTshort	+0.0422%	4h	0.009424	−0.064%	—	$2.3M	—
Variational Omni SAHARA	+0.0495%	4h	0.009454	+0.254%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0502%	4h	0.009430	0.000%	$1.9M	$1.2M	20x	as long as short