Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
SwapBacktest
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 Binance+0.074%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$710.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.095%−$10 · spread now +0.074%, 7d avg +0.032%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAHARAUSDT0.0094430.0100pay 0.0050% / 4h3h 25m$4.4M$4.9M25x
ShortBingX SAHARA-USDT0.0094500.0422get 0.0211% / 4h3h 25m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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

Funding earned
$67.62
Price spread: +0.074% → +0.032%
$4.2
Slippage, 4 orders
−$51.22
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$0.6
Costs to cover
0.712%
Break-even
6.9 days
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.53 bp19.7 bp −$20121.2 bp −$1,212doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.72 bp15.9 bp −$1657.9 bp −$5791062.0 bp −$106.2K1407.6 bp −$703.8K

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SAHARAUSDTlong+0.0100%4h0.009443long leg$4.4M$4.9M25x
OKX SAHARA-USDT-SWAP+0.0100%4h0.009454+0.116%$984K$1.0M20xas long as short
Gate SAHARA_USDT+0.0100%8h0.009450+0.074%$214K$44K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.0094430.000%$1.4M$221K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009440−0.032%$276K$51K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009422−0.218%$145K$2.4M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009420−0.244%$21K$258K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009440−0.026%$5K$216K5xas long as short
Aster SAHARAUSDT+0.0308%4h0.009441−0.021%$62K$19K5xas long as short
Bitget SAHARAUSDT+0.0378%4h0.009444+0.011%$1.2M$397K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDTshort+0.0422%4h0.009450+0.074%$2.3M
Bybit SAHARAUSDT+0.0465%4h0.009451+0.085%$1.9M$1.2M20xas long as short
Variational Omni SAHARA+0.0495%4h0.009454+0.116%$22K$12Kas long as short