Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h +0.019%
Price spread now: OKX against Gate+0.244%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1851.846% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.244%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.189% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAHARA_USDT | 0.009420 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $189K | $60K | 25x |
| Short | OKX SAHARA-USDT-SWAP | 0.009443 | 0.0224 | get 0.0112% / 4h | 1h 20m | $999K | $1.1M | 20x |
Gate SAHARA_USDT
OKX SAHARA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $25.96
- Price spread: +0.244% → +0.055%
- $18.93
- Slippage, 4 orders
- −$159.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$139.67
- Costs to cover
- 1.846%
- Break-even
- 44.7 days
Slippage from Gate: live order book, 15 min ago; OKX: live order book, 1 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 Gate live order book, 15 min ago | 5.35 bp | 67.6 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.65 bp | 30.7 bp −$31 | 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 | 0.009433 | +0.139% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDTlong | +0.0100% | 8h | 0.009420 | long leg | $189K | $60K | 25x | |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009431 | +0.117% | $1.5M | $244K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009420 | 0.000% | $276K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009410 | −0.107% | $147K | $3.2M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009390 | −0.318% | $20K | $257K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009431 | +0.117% | $3K | $190K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPshort | +0.0224% | 4h | 0.009443 | +0.244% | $999K | $1.1M | 20x | |
| Bybit SAHARAUSDT | +0.0365% | 4h | 0.009434 | +0.149% | $1.9M | $1.4M | 20x | as long as short |
| Variational Omni SAHARA | +0.0552% | 4h | 0.009429 | +0.094% | $22K | $12K | — | as long as short |
Binance SAHARAUSDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Bybit SAHARAUSDT
Variational Omni SAHARAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAHARAUSDT | +0.0641% | 4h | 0.009408 | −0.127% | $62K | $19K | 5x | as long as short |
| BingX SAHARA-USDT | +0.0802% | 4h | 0.009431 | +0.117% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDT | +0.0882% | 4h | 0.009427 | +0.074% | $1.2M | $379K | 25x | as long as short |
Aster SAHARAUSDT
BingX SAHARA-USDT
Bitget SAHARAUSDT