Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0152%/8h= +16.7% APRpaid last 24h 0.000%

Price spread now: OKX against ApeX Omni−0.278%80s7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as 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−$1411.406% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.278%, 7d avg +0.050%

Together, before fees+0.165%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.329% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.050%). If the spread goes back, that is −$33 on $10k: about 7.2 days of funding at the current rate (+$5 a day). The two prices were read 80 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	48m 14s	$19K	$259K	50x
Short	OKX SAHARA-USDT-SWAP	0.009314	0.0252	get 0.0126% / 4h	1h 48m	$977K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.278%Rate

Funding earned: $32.02
Price spread: −0.278% → +0.050%: −$32.88
Slippage, 4 orders: −$120.56
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$141.42
Costs to cover: 1.406%
Break-even: 37.9 days

Slippage from ApeX Omni: live order book, 14 min ago; OKX: 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, 14 min ago	10.67 bp	33.9 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.67 bp	37.6 bp −$38	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	0.009306	−0.364%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009310	−0.321%	$192K	$56K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009303	−0.396%	$1.4M	$229K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009310	−0.321%	$270K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009355	+0.157%	$141K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009340	long leg	$19K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009309	−0.337%	$1K	$213K	5x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0252%	4h	0.009314	−0.278%	$977K	$1.0M	20x
Aster SAHARAUSDT	+0.0490%	4h	0.009318	−0.233%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0508%	4h	0.009322	−0.193%	$1.2M	$406K	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	+0.0788%	4h	0.009356	+0.168%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0841%	4h	0.009312	−0.300%	$1.9M	$1.3M	20x	as long as short
BingX SAHARA-USDT	+0.0844%	4h	0.009309	−0.332%	—	$2.3M	—	as long as short