Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0671%/8h= +73.5% APRnext payment +$3.35 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against OKX−0.181%7-day average +0.010% · 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−$130as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.187%+$19 · spread now −0.181%, 7d avg +0.010%
Together, before fees+0.226%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.191% cheaper against OKX than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of +0.010%). If the spread goes back, that is −$19 on $10k: about 23 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.039% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.35 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
LongOKX SAHARA-USDT-SWAP0.0093800.0456pay 0.0228% / 4h3h 45m$992K$1.1M20x
ShortBybit SAHARAUSDT0.0093630.1126get 0.0563% / 4h3h 45m$1.9M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
$140.89
Price spread: −0.181% → +0.010%
−$19.12
Slippage, 4 orders
−$90.19
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$10.58
Costs to cover
1.112%
Break-even
6.5 days
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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 OKX live order book, 1 min ago3.20 bp29.7 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.67 bp22.3 bp −$22138.7 bp −$1,387doesn'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%4h0.009363−0.179%$4.5M$4.9M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009360−0.213%$192K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009360−0.213%$1.5M$236K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009350−0.320%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009385+0.055%$148K$2.8M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009350−0.320%$16K$258K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009360−0.208%$219$219K5xas long as short
OKX SAHARA-USDT-SWAPlong+0.0456%4h0.009380long leg$992K$1.1M20x
Aster SAHARAUSDT+0.0659%4h0.009360−0.209%$61K$18K5xas long as short
Bitget SAHARAUSDT+0.0908%4h0.009383+0.032%$1.2M$390K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0978%4h0.009359−0.225%$22K$12Kas long as short
Bybit SAHARAUSDTshort+0.1126%4h0.009363−0.181%$1.9M$1.4M20x
BingX SAHARA-USDT+0.1256%4h0.009359−0.224%$2.3Mas long as short