Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%

Price spread now: OKX against ApeX Omni−0.042%100s7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as 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−$1301.305% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.042%, 7d avg +0.069%

Together, before fees+0.128%+$13 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: OKX is 0.111% cheaper against ApeX Omni than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 100 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	0.009430	0.0100	pay 0.0013% / 1h	53m 56s	$20K	$251K	50x
Short	OKX SAHARA-USDT-SWAP	0.009426	0.0100	get 0.0050% / 4h	1h 53m	$1.0M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → +0.069%: −$11.13
Slippage, 4 orders: −$110.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$141.61
Costs to cover: 1.305%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; OKX: live order book, just now.

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, 55 min ago	15.91 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, just now	2.12 bp	24.5 bp −$25	doesn't fit	doesn't fit	doesn't fit

SAHARA on 13 exchanges

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	0.009422	−0.089%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009425	−0.053%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0100%	4h	0.009426	−0.042%	$1.0M	$1.1M	20x
Gate SAHARA_USDT	+0.0100%	8h	0.009420	−0.106%	$193K	$56K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009419	−0.117%	$1.5M	$250K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009420	−0.106%	$285K	$43K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009433	+0.033%	$22K	$11K	—	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009434	+0.045%	$141K	$3.6M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009430	long leg	$20K	$251K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009417	−0.135%	$8	$201K	5x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0445%	4h	0.009422	−0.085%	$62K	$7K	5x	as long as short
BingX SAHARA-USDT	+0.0460%	4h	0.009426	−0.042%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0480%	4h	0.009441	+0.117%	$1.3M	$348K	25x	as long as short