Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Gate against Extended+0.141%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$2142.144% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.141%, 7d avg +0.027%

Together, before fees−0.178%+ Points / potential airdropExtended: Active · farm board−$18 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: Gate is 0.114% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SAHARA-USD	0.009407	0.0104	pay 0.0013% / 1h	31m 02s	$2K	$216K	5x
Short	Gate SAHARA_USDT	0.009420	0.0100	get 0.0100% / 8h	2h 31m	$211K	$48K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now +0.141%Rate

Funding earned: −$0.84
Price spread: +0.141% → +0.027%: $11.37
Slippage, 4 orders: −$194.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$203.83
Costs to cover: 2.144%
Break-even: never at this rate

Slippage from Extended: live order book, 56 min ago; Gate: live order book, 52 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 Extended live order book, 56 min ago	1.59 bp	39.7 bp −$40	257.3 bp −$2,573	doesn't fit	doesn't fit
Sell Gate live order book, 52 min ago	10.62 bp	88.1 bp −$88	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 SAHARAUSDT	+0.0100%	4h	0.009408	+0.013%	$4.4M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009416	+0.098%	$1.8M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009412	+0.055%	$976K	$1.1M	20x	as long as short
Gate SAHARA_USDTshort	+0.0100%	8h	0.009420	+0.141%	$211K	$48K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009408	+0.013%	$1.4M	$193K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009400	−0.072%	$272K	$51K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009419	+0.132%	$22K	$14K	—	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009415	+0.090%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009400	−0.072%	$27K	$245K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009407	long leg	$2K	$216K	5x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0115%	4h	0.009419	+0.126%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0468%	4h	0.009413	+0.066%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0494%	4h	0.009426	+0.204%	$1.2M	$378K	25x	as long as short