Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h +0.010%

Price spread now: Variational Omni against Gate−0.156%7-day average — · you buy dearer than you sell

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

Long on Gate 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 pays, the price is against you. Variational Omni is 0.156% cheaper against Gate than usual: you would sell low and buy high (spread −0.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.9 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009460	0.0100	pay 0.0100% / 8h	56m 35s	$213K	$46K	25x
Short	Variational Omni SAHARA	0.009445	0.0233	get 0.0116% / 4h	56m 35s	$22K	$14K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now −0.156%Rate

Funding earned: $27.93
Price spread: −0.156% → 0.000%: −$15.62
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.69
Costs to cover: 0.150%
Break-even: 7.7 days

Slippage unknown: Gate: live order book, 15 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 Gate live order book, 15 min ago	5.30 bp	64.9 bp −$65	doesn't fit	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	0.009450	−0.106%	$4.4M	$4.8M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009471	+0.116%	$988K	$1.1M	20x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009460	long leg	$213K	$46K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009447	−0.137%	$1.4M	$196K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009440	−0.211%	$273K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009444	−0.168%	$141K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009430	−0.317%	$21K	$253K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009447	−0.138%	$2K	$216K	5x	as long as short
Variational Omni SAHARAshort	+0.0233%	4h	0.009445	−0.156%	$22K	$14K	—
Aster SAHARAUSDT	+0.0259%	4h	0.009441	−0.200%	$62K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0383%	4h	0.009466	+0.063%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0404%	4h	0.009457	−0.032%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0428%	4h	0.009463	+0.032%	$1.2M	$394K	25x	as long as short