Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.021%

Price spread now: Bitget against ApeX Omni+0.447%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$1141.140% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.432%−$43 · spread now +0.447%, 7d avg +0.085%

Together, before fees−0.411%−$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.361% dearer against ApeX Omni than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.085%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. 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	ApeX Omni SAHARAUSDT	0.009400	0.0100	pay 0.0013% / 1h	27m 30s	$27K	$244K	50x
Short	Bitget SAHARAUSDT	0.009442	0.0496	get 0.0248% / 4h	2h 27m	$1.2M	$380K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.447%Rate

Funding earned: $83.16
Price spread: +0.447% → +0.085%: $36.13
Slippage, 4 orders: −$92.01
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $5.28
Costs to cover: 1.140%
Break-even: 6.6 days

Slippage from ApeX Omni: live order book, 59 min ago; Bitget: live order book, 4 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 ApeX Omni live order book, 59 min ago	10.59 bp	35.7 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.43 bp	22.5 bp −$22	271.4 bp −$2,714	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	0.009431	+0.335%	$4.4M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009437	+0.394%	$1.8M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009437	+0.394%	$977K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009430	+0.319%	$211K	$48K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009427	+0.287%	$1.4M	$194K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009420	+0.213%	$272K	$51K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009416	+0.166%	$22K	$14K	—	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009410	+0.106%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009400	long leg	$27K	$244K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009428	+0.301%	$2K	$216K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0125%	4h	0.009422	+0.234%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0471%	4h	0.009431	+0.330%	—	$2.3M	—	as long as short
Bitget SAHARAUSDTshort	+0.0496%	4h	0.009442	+0.447%	$1.2M	$380K	25x