Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against MEXC−0.069%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$280as in the Funding arb table

Net, price: spread back to 7d avg − costs−$288as in the Price arb table

costs, in and out, $10k−$2802.800% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.092%+$9 · spread now −0.069%, 7d avg +0.011%

Together, before fees+0.092%+ Points / potential airdropGRVT: Active · farm board+$9 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: GRVT is 0.080% 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 +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SAHARA_USDT	0.009353	0.0100	pay 0.0050% / 4h	21m 25s	$1.4M	$235K	20x
Short	GRVT SAHARA_USDT_Perp	0.009347	0.0100	get 0.0050% / 4h	21m 25s	$147K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → +0.011%: −$8.05
Slippage, 4 orders: −$266.96
Fee MEXC: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$288
Costs to cover: 2.800%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; GRVT: live order book, 2 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, 5 min ago	1.07 bp	11.7 bp −$12	52.3 bp −$523	229.1 bp −$22.9K	doesn't fit
Sell GRVT live order book, 2 min ago	10.71 bp	88.0 bp −$88	259.2 bp −$2,592	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	0.009359	+0.059%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009350	−0.032%	$192K	$57K	25x	as long as short
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009353	long leg	$1.4M	$235K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.139%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perpshort	+0.0100%	4h	0.009347	−0.069%	$147K	$2.7M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009330	−0.246%	$16K	$258K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009354	+0.015%	$1K	$216K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0475%	4h	0.009364	+0.118%	$971K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0624%	4h	0.009342	−0.122%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0786%	4h	0.009372	+0.203%	$1.2M	$392K	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	+0.0855%	4h	0.009349	−0.045%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0856%	4h	0.009359	+0.064%	—	$2.3M	—	as long as short
Bybit SAHARAUSDT	+0.0914%	4h	0.009361	+0.086%	$1.9M	$1.3M	20x	as long as short