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−0.0259%/8h= −28.3% APRnext payment $1.29 per $10,000 · paid last 24h −0.036%
Price spread now: OKX against Bitget−0.096%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days−0.021%−$2 · spread now −0.096%, 7d avg −0.019%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.077% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.29 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
LongBitget SAHARAUSDT0.0093910.0610pay 0.0305% / 4h1h 29m$1.2M$396K25x
ShortOKX SAHARA-USDT-SWAP0.0093820.0351get 0.0176% / 4h1h 29m$985K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$54.35
Price spread: −0.096% → −0.019%
−$7.7
Slippage, 4 orders
−$99.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$183.7
Costs to cover
1.216%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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 Bitget live order book, 2 min ago5.85 bp24.3 bp −$24294.3 bp −$2,943doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago4.79 bp37.4 bp −$37doesn't fitdoesn't fitdoesn't fit

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 SAHARAUSDT+0.0100%4h0.009380−0.117%$4.4M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009380−0.117%$193K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009378−0.138%$1.5M$230K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009370−0.224%$274K$53K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009383−0.084%$138K$2.5M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009370−0.224%$19K$256K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009376−0.159%$3K$215K5xas long as short
OKX SAHARA-USDT-SWAPshort+0.0351%4h0.009382−0.096%$985K$1.0M20x
Aster SAHARAUSDT+0.0563%4h0.009371−0.208%$61K$19K5xas long as short
Bitget SAHARAUSDTlong+0.0610%4h0.009391long leg$1.2M$396K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0765%4h0.009386−0.052%$22K$12Kas long as short
Bybit SAHARAUSDT+0.0771%4h0.009378−0.138%$1.9M$1.3M20xas long as short
BingX SAHARA-USDT+0.0772%4h0.009383−0.085%$2.3Mas long as short