Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0672%/8h= +73.5% APRpaid last 24h +0.068%

Price spread now: Variational Omni against ApeX Omni+0.278%58s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Variational Omni is 0.278% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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	0.009320	0.0100	pay 0.0013% / 1h	2m 31s	$16K	$259K	50x
Short	Variational Omni SAHARA	0.009346	0.0772	get 0.0386% / 4h	3h 02m	$22K	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.278%Rate

Funding earned: $141.04
Price spread: +0.278% → 0.000%: $27.75
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $158.79
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 49 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 49 min ago	10.64 bp	30.3 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.009327	+0.075%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009330	+0.107%	$191K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009329	+0.097%	$1.4M	$241K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009320	0.000%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009341	+0.226%	$141K	$2.9M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009320	long leg	$16K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009322	+0.026%	$118	$315K	5x	as long as short
Bybit SAHARAUSDT	+0.0151%	4h	0.009329	+0.097%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0268%	4h	0.009328	+0.086%	$986K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0609%	4h	0.009331	+0.117%	$61K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAHARAshort	+0.0772%	4h	0.009346	+0.278%	$22K	$12K	—
BingX SAHARA-USDT	+0.0860%	4h	0.009329	+0.097%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0912%	4h	0.009348	+0.300%	$1.2M	$401K	25x	as long as short