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+0.0520%/8h= +56.9% APRnext payment +$2.60 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against KuCoin+0.171%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$778as in the Funding arb table
Net, price: spread back to 7d avg − costs−$779as in the Price arb table
costs, in and out, $10k−$7827.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.171%, 7d avg +0.143%
Together, before fees+0.140%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.028% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.143%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 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
LongKuCoin SAHARAUSDTM0.0093600.0100pay 0.0050% / 4h1h 28m$274K$53K25x
ShortBitget SAHARAUSDT0.0093760.0620get 0.0310% / 4h1h 28m$1.2M$396K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
$109.2
Price spread: +0.171% → +0.143%
$2.75
Slippage, 4 orders
−$758.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$670.08
Costs to cover
7.820%
Break-even
50.0 days
Slippage from KuCoin: live order book, 68 min ago; Bitget: live order book, 3 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 KuCoin live order book, 68 min ago10.68 bp293.9 bp −$294doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.85 bp26.8 bp −$27223.2 bp −$2,232doesn'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%4h0.009365+0.053%$4.4M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009370+0.107%$193K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009365+0.053%$1.4M$230K20xas long as short
KuCoin SAHARAUSDTMlong+0.0100%4h0.009360long leg$274K$53K25x
GRVT SAHARA_USDT_Perp+0.0100%4h0.009383+0.247%$138K$2.5M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009370+0.107%$19K$256K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009362+0.025%$3K$215K5xas long as short
OKX SAHARA-USDT-SWAP+0.0347%4h0.009371+0.118%$983K$1.0M20xas long as short
Aster SAHARAUSDT+0.0559%4h0.009357−0.033%$61K$19K5xas long as short
Bitget SAHARAUSDTshort+0.0620%4h0.009376+0.171%$1.2M$396K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SAHARAUSDT+0.0756%4h0.009369+0.096%$1.9M$1.3M20xas long as short
Variational Omni SAHARA+0.0765%4h0.009386+0.279%$22K$12Kas long as short
BingX SAHARA-USDT+0.0772%4h0.009372+0.128%$2.3Mas long as short