Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.068%

Price spread now: Bybit against ApeX Omni+0.351%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1171.173% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.334%−$33 · spread now +0.351%, 7d avg +0.081%

Together, before fees−0.267%−$27 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: Bybit is 0.270% dearer against ApeX Omni than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SAHARAUSDT	0.009410	0.0100	pay 0.0013% / 1h	18m 57s	$20K	$250K	50x
Short	Bybit SAHARAUSDT	0.009443	0.0100	get 0.0050% / 4h	3h 18m	$2.0M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.351%Rate

Funding earned: $0
Price spread: +0.351% → +0.081%: $26.97
Slippage, 4 orders: −$96.33
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$90.35
Costs to cover: 1.173%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; Bybit: live order book, 3 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, 13 min ago	10.73 bp	31.4 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.06 bp	24.6 bp −$25	142.2 bp −$1,422	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	0.009439	+0.308%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDTshort	+0.0100%	4h	0.009443	+0.351%	$2.0M	$1.4M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009447	+0.393%	$1.0M	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009440	+0.319%	$190K	$63K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009434	+0.255%	$1.5M	$227K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009430	+0.213%	$281K	$50K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009430	+0.213%	$146K	$3.4M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009410	long leg	$20K	$250K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009432	+0.236%	$3K	$202K	5x	as long as short
Variational Omni SAHARA	+0.0214%	4h	0.009446	+0.379%	$22K	$12K	—	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	+0.0500%	4h	0.009448	+0.404%	—	$2.3M	—	as long as short
Aster SAHARAUSDT	+0.0552%	4h	0.009443	+0.351%	$62K	$13K	5x	as long as short
Bitget SAHARAUSDT	+0.0556%	4h	0.009452	+0.446%	$1.2M	$352K	25x	as long as short