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% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin−0.106%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$420as in the Funding arb table

Net, price: spread back to 7d avg − costs−$437as in the Price arb table

costs, in and out, $10k−$4214.208% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)+0.195%+$19 · spread now −0.106%, 7d avg +0.052%

Together, before fees+0.202%+$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: ApeX Omni is 0.159% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009430	0.0100	pay 0.0050% / 4h	44m 53s	$274K	$52K	25x
Short	ApeX Omni SAHARAUSDT	0.009420	0.0100	get 0.0013% / 1h	44m 53s	$21K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → +0.052%: −$15.85
Slippage, 4 orders: −$398.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$436.69
Costs to cover: 4.208%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; ApeX Omni: live order book, 32 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 KuCoin live order book, 16 min ago	5.30 bp	200.9 bp −$201	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 32 min ago	10.62 bp	34.6 bp −$35	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	0.009427	−0.036%	$4.4M	$4.9M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009441	+0.117%	$985K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009440	+0.106%	$213K	$47K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009425	−0.053%	$1.3M	$197K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009430	long leg	$274K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009470	+0.424%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009420	−0.106%	$21K	$254K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009425	−0.055%	$2K	$216K	5x	as long as short
Aster SAHARAUSDT	+0.0273%	4h	0.009433	+0.029%	$62K	$19K	5x	as long as short
Variational Omni SAHARA	+0.0360%	4h	0.009445	+0.157%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0411%	4h	0.009437	+0.074%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0416%	4h	0.009432	+0.021%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0446%	4h	0.009441	+0.117%	$1.2M	$406K	25x	as long as short