Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Binance against GRVT−0.286%69s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3413.408% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.286%, 7d avg +0.004%

Together, before fees+0.258%+ Points / potential airdropGRVT: Active · farm board+$26 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: Binance is 0.291% cheaper against GRVT than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SAHARA_USDT_Perp	0.009426	0.0100	pay 0.0050% / 4h	1h 34m	$144K	$2.4M	10x
Short	Binance SAHARAUSDT	0.009399	0.0100	get 0.0050% / 4h	1h 34m	$4.3M	$4.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now −0.286%Rate

Funding earned: $0
Price spread: −0.286% → +0.004%: −$29.07
Slippage, 4 orders: −$321.81
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$369.87
Costs to cover: 3.408%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; Binance: 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 GRVT live order book, 4 min ago	10.60 bp	66.6 bp −$67	243.1 bp −$2,431	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.53 bp	16.1 bp −$16	63.7 bp −$637	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 SAHARAUSDTshort	+0.0100%	4h	0.009399	−0.286%	$4.3M	$4.8M	25x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009410	−0.169%	$978K	$1.0M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009410	−0.169%	$212K	$48K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009396	−0.317%	$1.4M	$194K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009400	−0.275%	$273K	$51K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009430	+0.048%	$22K	$14K	—	as long as short
GRVT SAHARA_USDT_Perplong	+0.0100%	4h	0.009426	long leg	$144K	$2.4M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009420	−0.063%	$25K	$252K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009403	−0.247%	$2K	$216K	5x	as long as short
Bybit SAHARAUSDT	+0.0146%	4h	0.009415	−0.116%	$1.8M	$1.2M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0196%	4h	0.009410	−0.169%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0452%	4h	0.009415	−0.116%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0466%	4h	0.009422	−0.042%	$1.2M	$387K	25x	as long as short