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

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0629%/8h= +68.9% APRnext payment +$3.15 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against Bybit+0.204%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1000.995% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days−0.136%−$14 · spread now +0.204%, 7d avg +0.007%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Bitget is 0.197% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.15 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
LongBybit SAHARAUSDT0.0093290.0287pay 0.0143% / 4h3h 22m$1.9M$1.3M20x
ShortBitget SAHARAUSDT0.0093480.0916get 0.0458% / 4h3h 22m$1.2M$390K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$132.14
Price spread: +0.204% → +0.007%
$19.71
Slippage, 4 orders
−$76.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
$52.32
Costs to cover
0.995%
Break-even
4.2 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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 Bybit live order book, 4 min ago2.67 bp22.1 bp −$22142.4 bp −$1,424doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.34 bp29.0 bp −$29248.9 bp −$2,489doesn'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%4h0.009323−0.064%$4.4M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009330+0.011%$191K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009322−0.075%$1.5M$238K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009320−0.096%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009352+0.251%$141K$2.9M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009340+0.118%$16K$259K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009337+0.090%$3K$229K5xas long as short
Bybit SAHARAUSDTlong+0.0287%4h0.009329long leg$1.9M$1.3M20x
OKX SAHARA-USDT-SWAP+0.0366%4h0.009326−0.032%$986K$1.1M20xas long as short
Aster SAHARAUSDT+0.0649%4h0.009330+0.006%$61K$18K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDT+0.0870%4h0.009336+0.075%$2.3Mas long as short
Variational Omni SAHARA+0.0905%4h0.009352+0.249%$22K$12Kas long as short
Bitget SAHARAUSDTshort+0.0916%4h0.009348+0.204%$1.2M$390K25x