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+0.0071%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.059%
Price spread now: Bybit against KuCoin+0.150%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$529as in the Price arb table
costs, in and out, $10k−$5325.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.150%, 7d avg +0.122%
Together, before fees+0.189%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit 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 +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SAHARAUSDTM0.0093100.0100pay 0.0050% / 4h3h 07m$272K$52K25x
ShortBybit SAHARAUSDT0.0093240.0170get 0.0085% / 4h3h 07m$1.9M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$14.81
Price spread: +0.150% → +0.122%
$2.85
Slippage, 4 orders
−$508.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$514.04
Costs to cover
5.317%
Break-even
250.0 days
Slippage from KuCoin: live order book, 64 min ago; Bybit: 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 KuCoin live order book, 64 min ago5.34 bp259.5 bp −$259doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.83 bp21.5 bp −$22141.3 bp −$1,413doesn'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%4h0.009322+0.131%$4.5M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.0093100.000%$190K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009321+0.118%$1.4M$240K20xas long as short
KuCoin SAHARAUSDTMlong+0.0100%4h0.009310long leg$272K$52K25x
GRVT SAHARA_USDT_Perp+0.0100%4h0.0093100.000%$141K$2.9M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009320+0.107%$16K$259K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009318+0.090%$117$315K5xas long as short
Bybit SAHARAUSDTshort+0.0170%4h0.009324+0.150%$1.9M$1.4M20x
OKX SAHARA-USDT-SWAP+0.0283%4h0.009324+0.150%$985K$1.1M20xas long as short
Aster SAHARAUSDT+0.0608%4h0.009323+0.137%$61K$18K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0824%4h0.009322+0.132%$22K$12Kas long as short
BingX SAHARA-USDT+0.0871%4h0.009322+0.129%$2.3Mas long as short
Bitget SAHARAUSDT+0.0900%4h0.009342+0.344%$1.2M$398K25xas long as short