Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Binance−0.088%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1201.203% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.159%+$16 · spread now −0.088%, 7d avg −0.010%

Together, before fees+0.159%+$16 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: ApeX Omni is 0.078% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SAHARAUSDT	0.009398	0.0100	pay 0.0050% / 4h	2h 09m	$4.3M	$4.8M	25x
Short	ApeX Omni SAHARAUSDT	0.009390	0.0100	get 0.0013% / 1h	9m 08s	$22K	$246K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.088%Rate

Funding earned: $0
Price spread: −0.088% → −0.010%: −$7.84
Slippage, 4 orders: −$100.31
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$128.15
Costs to cover: 1.203%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; ApeX Omni: live order book, 12 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 Binance live order book, 13 min ago	0.53 bp	20.6 bp −$21	141.6 bp −$1,416	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 12 min ago	15.90 bp	39.5 bp −$40	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 SAHARAUSDTlong	+0.0100%	4h	0.009398	long leg	$4.3M	$4.8M	25x
Bybit SAHARAUSDT	+0.0100%	4h	0.009413	+0.156%	$1.8M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009409	+0.114%	$977K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009400	+0.018%	$211K	$48K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009399	+0.007%	$1.4M	$197K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009390	−0.088%	$272K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009404	+0.056%	$140K	$2.3M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009390	−0.088%	$22K	$246K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009398	+0.002%	$2K	$216K	5x	as long as short
Variational Omni SAHARA	+0.0125%	4h	0.009412	+0.148%	$22K	$14K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0200%	4h	0.009409	+0.118%	$62K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0454%	4h	0.009414	+0.167%	$1.2M	$380K	25x	as long as short
BingX SAHARA-USDT	+0.0464%	4h	0.009405	+0.071%	—	$2.3M	—	as long as short