Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h −0.035%

Price spread now: Extended against Bitget−0.122%7-day average −0.114% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1201.199% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.122%, 7d avg −0.114%

Together, before fees−0.032%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SAHARAUSDT	0.009396	0.0418	pay 0.0209% / 4h	2h 27m	$1.2M	$419K	25x
Short	Extended SAHARA-USD	0.009385	0.0104	get 0.0013% / 1h	27m 06s	$107	$213K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.122%Rate

Funding earned: −$65.94
Price spread: −0.122% → −0.114%: −$0.71
Slippage, 4 orders: −$102.92
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$186.57
Costs to cover: 1.199%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 40 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 Bitget live order book, 4 min ago	4.27 bp	26.2 bp −$26	267.1 bp −$2,671	doesn't fit	doesn't fit
Sell Extended live order book, 40 min ago	1.59 bp	33.1 bp −$33	227.5 bp −$2,275	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	0.009390	−0.069%	$4.4M	$5.0M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009380	−0.170%	$195K	$55K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009388	−0.085%	$1.5M	$230K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009380	−0.170%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009373	−0.244%	$141K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009360	−0.383%	$18K	$262K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009385	−0.122%	$107	$213K	5x
OKX SAHARA-USDT-SWAP	+0.0164%	4h	0.009396	0.000%	$979K	$1.1M	20x	as long as short
Bitget SAHARAUSDTlong	+0.0418%	4h	0.009396	long leg	$1.2M	$419K	25x
Aster SAHARAUSDT	+0.0432%	4h	0.009373	−0.248%	$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 SAHARA	+0.0705%	4h	0.009377	−0.202%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0854%	4h	0.009389	−0.074%	—	$2.3M	—	as long as short
Bybit SAHARAUSDT	+0.0870%	4h	0.009395	−0.011%	$2.0M	$1.3M	20x	as long as short