Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against GRVT+0.349%111s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3323.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.468%−$47 · spread now +0.349%, 7d avg +0.041%
Together, before fees−0.450%+ Points / potential airdropGRVT: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.308% dearer against GRVT than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SAHARA_USDT_Perp0.0093480.0100pay 0.0050% / 4h2h 03m$139K$2.5M10x
ShortOKX SAHARA-USDT-SWAP0.0093810.0232get 0.0116% / 4h2h 03m$981K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$27.65
Price spread: +0.349% → +0.041%
$30.77
Slippage, 4 orders
−$313.35
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$273.92
Costs to cover
3.323%
Break-even
76.3 days
Slippage from GRVT: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago10.68 bp88.9 bp −$89269.1 bp −$2,691doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.73 bp39.0 bp −$39doesn't fitdoesn't fitdoesn't fit

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SAHARAUSDT+0.0100%4h0.009371+0.242%$4.4M$5.0M25xas long as short
Gate SAHARA_USDT+0.0100%8h0.009370+0.231%$193K$57K25xas long as short
MEXC SAHARA_USDT+0.0100%4h0.009374+0.274%$1.5M$232K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009350+0.017%$273K$52K25xas long as short
GRVT SAHARA_USDT_Perplong+0.0100%4h0.009348long leg$139K$2.5M10x
ApeX Omni SAHARAUSDT+0.0100%1h0.009350+0.017%$19K$259K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009373+0.261%$2K$215K5xas long as short
OKX SAHARA-USDT-SWAPshort+0.0232%4h0.009381+0.349%$981K$1.0M20x
Bitget SAHARAUSDT+0.0470%4h0.009380+0.338%$1.2M$418K25xas long as short
Aster SAHARAUSDT+0.0481%4h0.009358+0.105%$61K$19K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAHARA-USDT+0.0620%4h0.009377+0.306%$2.3Mas long as short
Variational Omni SAHARA+0.0720%4h0.009375+0.283%$22K$12Kas long as short
Bybit SAHARAUSDT+0.0769%4h0.009379+0.327%$2.0M$1.3M20xas long as short