Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: Bybit against KuCoin+0.053%7-day average +0.122% · you sell dearer than you buy

Net, funding: paid 7d − costs−$488as in the Funding arb table

Net, price: spread back to 7d avg − costs−$497as in the Price arb table

costs, in and out, $10k−$4904.904% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.053%, 7d avg +0.122%

Together, before fees+0.181%+$18 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: Bybit is 0.069% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.122%.

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	3h 47m	$275K	$52K	25x
Short	Bybit SAHARAUSDT	0.009425	0.0100	get 0.0050% / 4h	3h 47m	$1.9M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → +0.122%: −$6.87
Slippage, 4 orders: −$467.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$497.3
Costs to cover: 4.904%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago	10.59 bp	235.6 bp −$236	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.06 bp	20.3 bp −$20	142.2 bp −$1,422	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 SAHARAUSDT	+0.0100%	4h	0.009417	−0.032%	$4.4M	$4.9M	25x	as long as short
Bybit SAHARAUSDTshort	+0.0100%	4h	0.009425	+0.053%	$1.9M	$1.2M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009437	+0.180%	$982K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009420	0.000%	$213K	$43K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009425	+0.053%	$1.4M	$219K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009420	long leg	$275K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009415	−0.051%	$143K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009410	−0.106%	$21K	$257K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009420	−0.005%	$524	$215K	5x	as long as short
Aster SAHARAUSDT	+0.0298%	4h	0.009425	+0.055%	$62K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SAHARAUSDT	+0.0360%	4h	0.009421	+0.011%	$1.2M	$397K	25x	as long as short
BingX SAHARA-USDT	+0.0372%	4h	0.009424	+0.042%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0460%	4h	0.009448	+0.292%	$22K	$12K	—	as long as short