Funding you earn now, next payment 08:00 UTC+0.0597%/8h= +65.4% APRnext payment +$2.99 per $10,000 · paid last 24h +0.055%
Price spread now: Bitget against OKX+0.171%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days−0.208%−$21 · spread now +0.171%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bitget is 0.153% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.99 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 | OKX SAHARA-USDT-SWAP | 0.009380 | 0.0165 | pay 0.0082% / 4h | 35m 27s | $997K | $1.1M | 20x |
| Short | Bitget SAHARAUSDT | 0.009396 | 0.0762 | get 0.0381% / 4h | 35m 27s | $1.2M | $375K | 25x |
OKX SAHARA-USDT-SWAP
Bitget SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $125.4
- Price spread: +0.171% → +0.017%
- $15.31
- Slippage, 4 orders
- −$95.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $23.7
- Costs to cover
- 1.170%
- Break-even
- 5.7 days
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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 OKX live order book, 1 min ago | 3.20 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.38 bp | 26.0 bp −$26 | 223.2 bp −$2,232 | 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 | 0.009376 | −0.047% | $4.5M | $4.8M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009370 | −0.107% | $187K | $60K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009374 | −0.064% | $1.5M | $235K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009380 | 0.000% | $276K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009405 | +0.270% | $142K | $3.3M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009380 | 0.000% | $20K | $255K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009373 | −0.076% | $2K | $190K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPlong | +0.0165% | 4h | 0.009380 | long leg | $997K | $1.1M | 20x | |
| Bybit SAHARAUSDT | +0.0357% | 4h | 0.009372 | −0.085% | $1.9M | $1.4M | 20x | as long as short |
| Variational Omni SAHARA | +0.0481% | 4h | 0.009381 | +0.012% | $22K | $12K | — | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Bybit SAHARAUSDT
Variational Omni SAHARAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAHARAUSDT | +0.0656% | 4h | 0.009383 | +0.029% | $61K | $19K | 5x | as long as short |
| BingX SAHARA-USDT | +0.0744% | 4h | 0.009379 | −0.011% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTshort | +0.0762% | 4h | 0.009396 | +0.171% | $1.2M | $375K | 25x |
Aster SAHARAUSDT
BingX SAHARA-USDT