Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%

Price spread now: Extended against GRVT+0.139%72s7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$225as 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−$2282.282% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 3 days (all we have)−0.225%−$23 · spread now +0.139%, 7d avg −0.036%

Together, before fees−0.197%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$20 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: Extended is 0.175% dearer against GRVT than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.036%. The two prices were read 72 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	0.009432	0.0100	pay 0.0050% / 4h	3h 10m	$143K	$2.4M	10x
Short	Extended SAHARA-USD	0.009445	0.0104	get 0.0013% / 1h	10m 03s	$5K	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.139%Rate

Funding earned: $0.84
Price spread: +0.139% → −0.036%: $17.52
Slippage, 4 orders: −$214.2
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$209.84
Costs to cover: 2.282%
Break-even: 1755.7 days

Slippage from GRVT: live order book, 4 min ago; Extended: live order book, 62 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	5.30 bp	75.1 bp −$75	316.7 bp −$3,167	doesn't fit	doesn't fit
Sell Extended live order book, 62 min ago	1.60 bp	37.9 bp −$38	242.5 bp −$2,425	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	0.009439	+0.076%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009450	+0.192%	$213K	$45K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009443	+0.118%	$1.4M	$222K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009430	−0.020%	$275K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perplong	+0.0100%	4h	0.009432	long leg	$143K	$2.4M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009430	−0.020%	$21K	$257K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009445	+0.139%	$5K	$216K	5x
OKX SAHARA-USDT-SWAP	+0.0122%	4h	0.009451	+0.203%	$985K	$1.0M	20x	as long as short
Aster SAHARAUSDT	+0.0341%	4h	0.009441	+0.097%	$62K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0392%	4h	0.009458	+0.277%	$1.2M	$408K	25x	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	+0.0534%	4h	0.009437	+0.059%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0564%	4h	0.009449	+0.182%	—	$2.3M	—	as long as short
Bybit SAHARAUSDT	+0.0727%	4h	0.009452	+0.214%	$1.9M	$1.3M	20x	as long as short