Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.019%

Price spread now: OKX against Gate+0.032%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$1921.918% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now +0.032%, 7d avg +0.054%

Together, before fees+0.187%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.054%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.019% in total) that is about 7.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009330	0.0100	pay 0.0100% / 8h	3h 02m	$191K	$57K	25x
Short	OKX SAHARA-USDT-SWAP	0.009333	0.0268	get 0.0134% / 4h	3h 02m	$986K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $35.36
Price spread: +0.032% → +0.054%: −$2.14
Slippage, 4 orders: −$166.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$158.58
Costs to cover: 1.918%
Break-even: 38.4 days

Slippage from Gate: live order book, 43 min ago; OKX: live order book, 3 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, 43 min ago	5.34 bp	73.8 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.74 bp	32.2 bp −$32	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	0.009329	−0.011%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009330	long leg	$191K	$57K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009334	+0.043%	$1.4M	$241K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009320	−0.107%	$272K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009341	+0.119%	$141K	$2.9M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009320	−0.107%	$16K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009332	+0.023%	$118	$315K	5x	as long as short
Bybit SAHARAUSDT	+0.0193%	4h	0.009335	+0.054%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0268%	4h	0.009333	+0.032%	$986K	$1.1M	20x
Aster SAHARAUSDT	+0.0607%	4h	0.009336	+0.060%	$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	+0.0772%	4h	0.009346	+0.170%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0868%	4h	0.009331	+0.011%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0910%	4h	0.009355	+0.268%	$1.2M	$401K	25x	as long as short