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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAHARAUSDT | 0.009391 | 0.0610 | pay 0.0305% / 4h | 1h 29m | $1.2M | $396K | 25x |
| Short | OKX SAHARA-USDT-SWAP | 0.009382 | 0.0351 | get 0.0176% / 4h | 1h 29m | $985K | $1.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 5.85 bp | 24.3 bp −$24 | 294.3 bp −$2,943 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 4.79 bp | 37.4 bp −$37 | 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 | 0.009380 | −0.117% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009380 | −0.117% | $193K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009378 | −0.138% | $1.5M | $230K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009370 | −0.224% | $274K | $53K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009383 | −0.084% | $138K | $2.5M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009370 | −0.224% | $19K | $256K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009376 | −0.159% | $3K | $215K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPshort | +0.0351% | 4h | 0.009382 | −0.096% | $985K | $1.0M | 20x | |
| Aster SAHARAUSDT | +0.0563% | 4h | 0.009371 | −0.208% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDTlong | +0.0610% | 4h | 0.009391 | long leg | $1.2M | $396K | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0765% | 4h | 0.009386 | −0.052% | $22K | $12K | — | as long as short |
| Bybit SAHARAUSDT | +0.0771% | 4h | 0.009378 | −0.138% | $1.9M | $1.3M | 20x | as long as short |
| BingX SAHARA-USDT | +0.0772% | 4h | 0.009383 | −0.085% | — | $2.3M | — | as long as short |
Bitget SAHARAUSDT
OKX SAHARA-USDT-SWAP
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
Variational Omni SAHARA
Bybit SAHARAUSDT
BingX SAHARA-USDT