Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Gate0.000%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2022.024% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.045%+$4 · spread now 0.000%, 7d avg −0.020%

Together, before fees+0.045%+$4 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: ApeX Omni is 0.020% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009350	0.0100	pay 0.0100% / 8h	2h 15m	$187K	$60K	25x
Short	ApeX Omni SAHARAUSDT	0.009350	0.0100	get 0.0013% / 1h	15m 10s	$18K	$260K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.020%: $2.03
Slippage, 4 orders: −$177.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$200.42
Costs to cover: 2.024%
Break-even: never at this rate

Slippage from Gate: live order book, 26 min ago; ApeX Omni: live order book, 32 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 Gate live order book, 26 min ago	5.38 bp	67.5 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 32 min ago	16.03 bp	35.0 bp −$35	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	0.009348	−0.025%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009350	long leg	$187K	$60K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009346	−0.043%	$1.5M	$246K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.107%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009360	+0.107%	$141K	$3.0M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009350	0.000%	$18K	$260K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009345	−0.052%	$2K	$312K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0182%	4h	0.009357	+0.075%	$986K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0419%	4h	0.009350	0.000%	$1.9M	$1.3M	20x	as long as short
Aster SAHARAUSDT	+0.0616%	4h	0.009349	−0.011%	$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	+0.0663%	4h	0.009360	+0.112%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0822%	4h	0.009352	+0.021%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0872%	4h	0.009364	+0.150%	$1.2M	$384K	25x	as long as short