Funding you earn now, next payment 04:00 UTC+0.0278%/8h= +30.4% APRnext payment +$1.39 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against OKX−0.106%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.253%+$25 · spread now −0.106%, 7d avg +0.021%
=Funding pays, the price is against you. Bitget is 0.127% cheaper against OKX than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.021%). If the spread goes back, that is −$13 on $10k: about 37 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.038% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 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 | 0.009454 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $984K | $1.0M | 20x |
| Short | Bitget SAHARAUSDT | 0.009444 | 0.0378 | get 0.0189% / 4h | 3h 25m | $1.2M | $397K | 25x |
OKX SAHARA-USDT-SWAP
Bitget SAHARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $58.38
- Price spread: −0.106% → +0.021%
- −$12.7
- Slippage, 4 orders
- −$106.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$83.13
- Costs to cover
- 1.288%
- Break-even
- 17.0 days
Slippage from OKX: live order book, 1 min ago; Bitget: 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 OKX live order book, 1 min ago | 1.59 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.28 bp | 24.1 bp −$24 | 196.2 bp −$1,962 | 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 | 0.009443 | −0.116% | $4.4M | $4.9M | 25x | as long as short |
| OKX SAHARA-USDT-SWAPlong | +0.0100% | 4h | 0.009454 | long leg | $984K | $1.0M | 20x | |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009450 | −0.042% | $214K | $44K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009443 | −0.116% | $1.4M | $221K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009440 | −0.148% | $276K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009422 | −0.334% | $145K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009420 | −0.360% | $21K | $258K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009440 | −0.143% | $5K | $216K | 5x | as long as short |
| Aster SAHARAUSDT | +0.0308% | 4h | 0.009441 | −0.138% | $62K | $19K | 5x | as long as short |
| Bitget SAHARAUSDTshort | +0.0378% | 4h | 0.009444 | −0.106% | $1.2M | $397K | 25x |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Aster SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDT | +0.0422% | 4h | 0.009450 | −0.042% | — | $2.3M | — | as long as short |
| Bybit SAHARAUSDT | +0.0465% | 4h | 0.009451 | −0.032% | $1.9M | $1.2M | 20x | as long as short |
| Variational Omni SAHARA | +0.0495% | 4h | 0.009454 | −0.001% | $22K | $12K | — | as long as short |
BingX SAHARA-USDT
Bybit SAHARAUSDT
Variational Omni SAHARA