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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SAHARA-USDT-SWAP | 0.009380 | 0.0456 | pay 0.0228% / 4h | 3h 45m | $992K | $1.1M | 20x |
| Short | Bybit SAHARAUSDT | 0.009363 | 0.1126 | get 0.0563% / 4h | 3h 45m | $1.9M | $1.4M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 3.20 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.67 bp | 22.3 bp −$22 | 138.7 bp −$1,387 | 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 | 0.009363 | −0.179% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009360 | −0.213% | $192K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009360 | −0.213% | $1.5M | $236K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009350 | −0.320% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009385 | +0.055% | $148K | $2.8M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009350 | −0.320% | $16K | $258K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009360 | −0.208% | $219 | $219K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPlong | +0.0456% | 4h | 0.009380 | long leg | $992K | $1.1M | 20x | |
| Aster SAHARAUSDT | +0.0659% | 4h | 0.009360 | −0.209% | $61K | $18K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0908% | 4h | 0.009383 | +0.032% | $1.2M | $390K | 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 | +0.0978% | 4h | 0.009359 | −0.225% | $22K | $12K | — | as long as short |
| Bybit SAHARAUSDTshort | +0.1126% | 4h | 0.009363 | −0.181% | $1.9M | $1.4M | 20x | |
| BingX SAHARA-USDT | +0.1256% | 4h | 0.009359 | −0.224% | — | $2.3M | — | as long as short |
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
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
BingX SAHARA-USDT