Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%

Price spread now: GRVT against OKX+0.032%91s7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$269as 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−$2672.667% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days−0.229%−$23 · spread now +0.032%, 7d avg −0.047%

Together, before fees−0.249%+ Points / potential airdropGRVT: Active · farm board−$25 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 0.079% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 91 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	OKX SAHARA-USDT-SWAP	0.009377	0.0100	pay 0.0050% / 4h	3h 48m	$1.0M	$1.1M	20x
Short	GRVT SAHARA_USDT_Perp	0.009380	0.0100	get 0.0050% / 4h	3h 48m	$139K	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against OKX. 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 OKXbpFee GRVTbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.047%: $7.91
Slippage, 4 orders: −$247.73
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$258.82
Costs to cover: 2.667%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 6 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 OKX live order book, 3 min ago	1.07 bp	31.8 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 6 min ago	5.33 bp	68.9 bp −$69	279.3 bp −$2,793	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	0.009381	+0.043%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009383	+0.064%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAPlong	+0.0100%	4h	0.009377	long leg	$1.0M	$1.1M	20x
Gate SAHARA_USDT	+0.0100%	8h	0.009370	−0.075%	$187K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009383	+0.064%	$1.5M	$220K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009370	−0.075%	$276K	$49K	25x	as long as short
GRVT SAHARA_USDT_Perpshort	+0.0100%	4h	0.009380	+0.032%	$139K	$3.4M	10x
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009360	−0.181%	$20K	$253K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009378	+0.015%	$2K	$201K	5x	as long as short
Variational Omni SAHARA	+0.0322%	4h	0.009375	−0.022%	$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	+0.0608%	4h	0.009377	0.000%	$61K	$18K	5x	as long as short
BingX SAHARA-USDT	+0.0634%	4h	0.009375	−0.021%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0648%	4h	0.009386	+0.096%	$1.2M	$368K	25x	as long as short