Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%

Price spread now: KuCoin against Bybit−0.190%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$547as in the Funding arb table

Net, price: spread back to 7d avg − costs−$547as in the Price arb table

costs, in and out, $10k−$5405.397% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.190%, 7d avg −0.121%

Together, before fees−0.286%−$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.069% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SAHARAUSDT	0.009488	0.0100	pay 0.0050% / 4h	2h 57m	$2.0M	$1.4M	20x
Short	KuCoin SAHARAUSDTM	0.009470	0.0100	get 0.0050% / 4h	2h 57m	$283K	$49K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.190%Rate

Funding earned: $0
Price spread: −0.190% → −0.121%: −$6.9
Slippage, 4 orders: −$516.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$546.61
Costs to cover: 5.397%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 25 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 Bybit live order book, 4 min ago	3.68 bp	22.7 bp −$23	145.0 bp −$1,450	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	5.31 bp	252.8 bp −$253	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	0.009486	−0.021%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDTlong	+0.0100%	4h	0.009488	long leg	$2.0M	$1.4M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009489	+0.011%	$1.0M	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009480	−0.084%	$192K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009486	−0.021%	$1.6M	$236K	20x	as long as short
KuCoin SAHARAUSDTMshort	+0.0100%	4h	0.009470	−0.190%	$283K	$49K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009510	+0.231%	$145K	$3.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009500	+0.126%	$20K	$250K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009476	−0.123%	$593	$201K	5x	as long as short
Variational Omni SAHARA	+0.0208%	4h	0.009502	+0.150%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0510%	4h	0.009479	−0.095%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0524%	4h	0.009489	+0.011%	$1.2M	$350K	25x	as long as short
Aster SAHARAUSDT	+0.0573%	4h	0.009471	−0.181%	$62K	$13K	5x	as long as short