SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0520%/8h= −56.9% APRnext payment −$2.60 per $10,000 · paid last 24h −0.036%

Price spread now: KuCoin against Bitget−0.171%7-day average −0.143% · you buy dearer than you sell

Net, funding: paid 7d − costs−$786as in the Funding arb table

Net, price: spread back to 7d avg − costs−$785as in the Price arb table

costs, in and out, $10k−$7827.820% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.171%, 7d avg −0.143%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.027% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.143%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 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	Bitget SAHARAUSDT	0.009376	0.0620	pay 0.0310% / 4h	1h 28m	$1.2M	$396K	25x
Short	KuCoin SAHARAUSDTM	0.009360	0.0100	get 0.0050% / 4h	1h 28m	$274K	$53K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$109.2
Price spread: −0.171% → −0.143%: −$2.73
Slippage, 4 orders: −$758.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$893.96
Costs to cover: 7.820%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 68 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 Bitget live order book, 3 min ago	5.85 bp	24.3 bp −$24	294.3 bp −$2,943	doesn't fit	doesn't fit
Sell KuCoin live order book, 68 min ago	10.68 bp	437.0 bp −$437	doesn't fit	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	0.009365	−0.117%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	−0.171%	$192K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009364	−0.128%	$1.4M	$230K	20x	as long as short
KuCoin SAHARAUSDTMshort	+0.0100%	4h	0.009360	−0.171%	$274K	$53K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009383	+0.076%	$138K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009370	−0.064%	$19K	$256K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009362	−0.145%	$3K	$215K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0347%	4h	0.009370	−0.064%	$983K	$1.0M	20x	as long as short
Aster SAHARAUSDT	+0.0559%	4h	0.009357	−0.204%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDTlong	+0.0620%	4h	0.009376	long leg	$1.2M	$396K	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0756%	4h	0.009368	−0.085%	$1.9M	$1.3M	20x	as long as short
Variational Omni SAHARA	+0.0765%	4h	0.009386	+0.107%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0772%	4h	0.009372	−0.043%	—	$2.3M	—	as long as short