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% APRpaid last 24h 0.000%

Price spread now: Binance against ApeX Omni+0.207%49s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as 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−$990.989% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.207%, 7d avg +0.015%

Together, before fees−0.277%−$28 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: Binance is 0.192% dearer against ApeX Omni than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 49 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	ApeX Omni SAHARAUSDT	0.009340	0.0100	pay 0.0013% / 1h	12m 49s	$16K	$259K	50x
Short	Binance SAHARAUSDT	0.009359	0.0100	get 0.0050% / 4h	12m 49s	$4.4M	$4.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.207%Rate

Funding earned: $0
Price spread: +0.207% → +0.015%: $19.2
Slippage, 4 orders: −$78.92
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$79.72
Costs to cover: 0.989%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 44 min ago; Binance: live order book, 10 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 ApeX Omni live order book, 44 min ago	10.71 bp	32.0 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.07 bp	17.4 bp −$17	61.3 bp −$613	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 SAHARAUSDTshort	+0.0100%	4h	0.009359	+0.207%	$4.4M	$4.8M	25x
Gate SAHARA_USDT	+0.0100%	8h	0.009360	+0.214%	$192K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009356	+0.171%	$1.5M	$238K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	+0.107%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009353	+0.138%	$147K	$2.7M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009340	long leg	$16K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009361	+0.228%	$1K	$216K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0473%	4h	0.009370	+0.321%	$973K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0639%	4h	0.009370	+0.324%	$61K	$18K	5x	as long as short
Bitget SAHARAUSDT	+0.0826%	4h	0.009389	+0.525%	$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
BingX SAHARA-USDT	+0.0872%	4h	0.009368	+0.300%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0900%	4h	0.009357	+0.181%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0929%	4h	0.009362	+0.236%	$1.9M	$1.3M	20x	as long as short