Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni−0.106%82s7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$422as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4214.208% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.106%, 7d avg −0.052%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.053% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SAHARAUSDT	0.009450	0.0100	pay 0.0013% / 1h	46m 14s	$22K	$254K	50x
Short	KuCoin SAHARAUSDTM	0.009440	0.0100	get 0.0050% / 4h	46m 14s	$275K	$52K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → −0.052%: −$5.33
Slippage, 4 orders: −$398.83
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$426.16
Costs to cover: 4.208%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 30 min ago; KuCoin: live order book, 15 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, 30 min ago	10.62 bp	40.1 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 min ago	5.30 bp	145.2 bp −$145	doesn't fit	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	0.009438	−0.127%	$4.4M	$4.9M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009456	+0.063%	$986K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009450	0.000%	$213K	$47K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009439	−0.116%	$1.3M	$197K	20x	as long as short
KuCoin SAHARAUSDTMshort	+0.0100%	4h	0.009440	−0.106%	$275K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009470	+0.212%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009450	long leg	$22K	$254K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009438	−0.126%	$2K	$216K	5x	as long as short
Aster SAHARAUSDT	+0.0271%	4h	0.009445	−0.057%	$62K	$19K	5x	as long as short
Variational Omni SAHARA	+0.0306%	4h	0.009471	+0.220%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0414%	4h	0.009446	−0.042%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0416%	4h	0.009445	−0.053%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0444%	4h	0.009457	+0.074%	$1.2M	$405K	25x	as long as short