Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Binance−0.109%49s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$355as 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−$3553.547% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.142%+$14 · spread now −0.109%, 7d avg +0.007%

Together, before fees+0.142%+ Points / potential airdropGRVT: Active · farm board+$14 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: GRVT is 0.116% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 49 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	Binance SAHARAUSDT	0.009290	0.0100	pay 0.0050% / 4h	46m 42s	$4.4M	$4.9M	25x
Short	GRVT SAHARA_USDT_Perp	0.009280	0.0100	get 0.0050% / 4h	46m 42s	$143K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → +0.007%: −$11.62
Slippage, 4 orders: −$335.75
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$366.37
Costs to cover: 3.547%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; GRVT: live order book, 2 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, 6 min ago	1.08 bp	19.8 bp −$20	87.5 bp −$875	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	5.39 bp	84.7 bp −$85	215.2 bp −$2,152	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	0.009290	long leg	$4.4M	$4.9M	25x
Gate SAHARA_USDT	+0.0100%	8h	0.009280	−0.109%	$190K	$56K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009288	−0.023%	$1.4M	$233K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009280	−0.109%	$272K	$53K	25x	as long as short
GRVT SAHARA_USDT_Perpshort	+0.0100%	4h	0.009280	−0.109%	$143K	$2.6M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009260	−0.324%	$16K	$258K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009288	−0.027%	$1K	$218K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0347%	4h	0.009300	+0.106%	$964K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0542%	4h	0.009289	−0.016%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0670%	4h	0.009297	+0.074%	$1.2M	$397K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0704%	4h	0.009287	−0.034%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0739%	4h	0.009290	+0.003%	$21K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0741%	4h	0.009299	+0.096%	$1.9M	$1.3M	20x	as long as short