Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against GRVT−0.105%51s7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$318as 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−$3183.178% of the position

Long on GRVT Short on Gate

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)+0.011%+$1 · spread now −0.105%, 7d avg −0.043%

Together, before fees+0.011%+ Points / potential airdropGRVT: Active · farm board+$1 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: Gate is 0.063% cheaper against GRVT than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.043%. The two prices were read 51 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	0.009390	0.0100	pay 0.0050% / 4h	0m 28s	$138K	$3.3M	10x
Short	Gate SAHARA_USDT	0.009380	0.0100	get 0.0100% / 8h	0m 28s	$187K	$62K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.105%Rate

Funding earned: $0
Price spread: −0.105% → −0.043%: −$6.29
Slippage, 4 orders: −$293.77
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$324.05
Costs to cover: 3.178%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; Gate: live order book, 30 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, 3 min ago	5.33 bp	122.5 bp −$123	371.5 bp −$3,715	doesn't fit	doesn't fit
Sell Gate live order book, 30 min ago	10.66 bp	52.8 bp −$53	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	0.009379	−0.116%	$4.5M	$4.8M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009385	−0.052%	$997K	$1.1M	20x	as long as short
Gate SAHARA_USDTshort	+0.0100%	8h	0.009380	−0.105%	$187K	$62K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009381	−0.095%	$1.5M	$239K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009370	−0.212%	$276K	$50K	25x	as long as short
GRVT SAHARA_USDT_Perplong	+0.0100%	4h	0.009390	long leg	$138K	$3.3M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009370	−0.212%	$20K	$253K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009376	−0.143%	$3K	$196K	5x	as long as short
Bybit SAHARAUSDT	+0.0281%	4h	0.009380	−0.105%	$1.9M	$1.4M	20x	as long as short
Variational Omni SAHARA	+0.0356%	4h	0.009386	−0.044%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0630%	4h	0.009388	−0.021%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0674%	4h	0.009382	−0.084%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0694%	4h	0.009379	−0.116%	$1.2M	$372K	25x	as long as short