Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0365%/8h= +39.9% APRpaid last 24h −0.001%

Price spread now: OKX against Extended+0.112%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1301.304% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.112%, 7d avg +0.083%

Together, before fees+0.026%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.029% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.083%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% 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	Extended SAHARA-USD	0.009343	0.0104	pay 0.0013% / 1h	24m 10s	$1K	$216K	5x
Short	OKX SAHARA-USDT-SWAP	0.009353	0.0469	get 0.0234% / 4h	24m 10s	$970K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.112%Rate

Funding earned: $76.55
Price spread: +0.112% → +0.083%: $2.87
Slippage, 4 orders: −$115.36
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.94
Costs to cover: 1.304%
Break-even: 11.7 days

Slippage from Extended: live order book, 33 min ago; OKX: 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 Extended live order book, 33 min ago	1.07 bp	29.2 bp −$29	224.4 bp −$2,244	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.60 bp	28.3 bp −$28	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	0.009345	+0.027%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009350	+0.080%	$192K	$56K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009347	+0.048%	$1.4M	$235K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.027%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009359	+0.174%	$136K	$2.7M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009340	−0.027%	$16K	$258K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009343	long leg	$1K	$216K	5x
OKX SAHARA-USDT-SWAPshort	+0.0469%	4h	0.009353	+0.112%	$970K	$1.1M	20x
Aster SAHARAUSDT	+0.0615%	4h	0.009334	−0.095%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0768%	4h	0.009363	+0.219%	$1.2M	$392K	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	+0.0836%	4h	0.009353	+0.112%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0855%	4h	0.009349	+0.067%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0900%	4h	0.009350	+0.080%	$1.9M	$1.3M	20x	as long as short