Funding you earn now, next payment 04:00 UTC+0.0733%/8h= +80.3% APRnext payment +$3.67 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against OKX−0.117%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.117%, 7d avg −0.016%
=Funding pays, the price is against you. BingX is 0.101% cheaper against OKX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.016%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.036% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAHARA-USDT-SWAP | 0.009374 | 0.0121 | pay 0.0060% / 4h | 3h 00m | $970K | $1.0M | 20x |
| Short | BingX SAHARA-USDT | 0.009363 | 0.0854 | get 0.0427% / 4h | 3h 00m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $154
- Price spread: −0.117% → −0.016%
- −$10.14
- Slippage, 4 orders
- −$90.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $33.2
- Costs to cover
- 1.107%
- Break-even
- 5.5 days
Slippage from OKX: live order book, just now; BingX: live order book, 2 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 OKX live order book, just now | 1.07 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.73 bp | 21.3 bp −$21 | 71.8 bp −$718 | 1063.1 bp −$106.3K | 1383.5 bp −$691.8K |
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 | 0.009358 | −0.175% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009360 | −0.149% | $195K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009357 | −0.181% | $1.5M | $230K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009370 | −0.043% | $273K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009436 | +0.660% | $143K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009380 | +0.064% | $21K | $257K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009354 | −0.217% | $2K | $219K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPlong | +0.0121% | 4h | 0.009374 | long leg | $970K | $1.0M | 20x | |
| Aster SAHARAUSDT | +0.0344% | 4h | 0.009360 | −0.147% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0392% | 4h | 0.009372 | −0.021% | $1.2M | $404K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0612% | 4h | 0.009378 | +0.046% | $22K | $12K | — | as long as short |
| BingX SAHARA-USDTshort | +0.0854% | 4h | 0.009363 | −0.117% | — | $2.3M | — | |
| Bybit SAHARAUSDT | +0.0916% | 4h | 0.009372 | −0.021% | $1.9M | $1.2M | 20x | as long as short |
OKX SAHARA-USDT-SWAP
BingX SAHARA-USDT
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDT
Bitget SAHARAUSDT
Variational Omni SAHARA
Bybit SAHARAUSDT