Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against MEXC−0.085%81s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as 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−$930.926% of the position

Long on MEXC Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.085%, 7d avg −0.007%

Together, before fees+0.154%+$15 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 0.078% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 81 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	MEXC SAHARA_USDT	0.009418	0.0100	pay 0.0050% / 4h	1h 08m	$1.3M	$198K	20x
Short	ApeX Omni SAHARAUSDT	0.009410	0.0100	get 0.0013% / 1h	8m 08s	$21K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → −0.007%: −$7.81
Slippage, 4 orders: −$78.62
Fee MEXC: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$100.43
Costs to cover: 0.926%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; ApeX Omni: live order book, 8 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 MEXC live order book, 3 min ago	0.53 bp	10.8 bp −$11	50.1 bp −$501	197.0 bp −$19.7K	doesn't fit
Sell ApeX Omni live order book, 8 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	0.009419	+0.011%	$4.4M	$4.8M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009430	+0.127%	$982K	$1.0M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009420	+0.021%	$212K	$48K	25x	as long as short
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009418	long leg	$1.3M	$198K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009410	−0.085%	$272K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009421	+0.035%	$141K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009410	−0.085%	$21K	$254K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009417	−0.010%	$2K	$216K	5x	as long as short
Variational Omni SAHARA	+0.0139%	4h	0.009427	+0.098%	$22K	$14K	—	as long as short
Aster SAHARAUSDT	+0.0208%	4h	0.009422	+0.042%	$62K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0210%	4h	0.009430	+0.127%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0416%	4h	0.009425	+0.074%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0428%	4h	0.009434	+0.170%	$1.2M	$390K	25x	as long as short