Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Variational Omni against Bybit−0.333%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.333% cheaper against Bybit than usual: you would sell low and buy high, −$33 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SAHARAUSDT	0.009447	0.0100	pay 0.0050% / 4h	2h 26m	$1.8M	$1.2M	20x
Short	Variational Omni SAHARA	0.009416	0.0100	get 0.0050% / 4h	2h 26m	$22K	$14K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.333%Rate

Funding earned: $0
Price spread: −0.333% → 0.000%: −$33.26
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$44.26
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago	1.06 bp	30.1 bp −$30	160.0 bp −$1,600	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	0.009438	−0.096%	$4.4M	$4.8M	25x	as long as short
Bybit SAHARAUSDTlong	+0.0100%	4h	0.009447	long leg	$1.8M	$1.2M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009447	0.000%	$978K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009430	−0.180%	$211K	$48K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009436	−0.116%	$1.4M	$194K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009420	−0.286%	$272K	$51K	25x	as long as short
Variational Omni SAHARAshort	+0.0100%	4h	0.009416	−0.333%	$22K	$14K	—
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009410	−0.392%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009400	−0.498%	$27K	$244K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009436	−0.117%	$2K	$216K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0130%	4h	0.009425	−0.229%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0472%	4h	0.009437	−0.106%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0496%	4h	0.009444	−0.032%	$1.2M	$380K	25x	as long as short