Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0539%/8h= −59.0% APRpaid last 24h −0.016%

Price spread now: ApeX Omni against Aster−0.344%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and ApeX Omni is 0.344% cheaper against Aster than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SAHARAUSDT	0.009372	0.0639	pay 0.0320% / 4h	13m 22s	$61K	$18K	5x
Short	ApeX Omni SAHARAUSDT	0.009340	0.0100	get 0.0013% / 1h	13m 22s	$16K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now −0.344%Rate

Funding earned: −$113.2
Price spread: −0.344% → 0.000%: −$34.39
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$165.59
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; ApeX Omni: live order book, 43 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 43 min ago	10.71 bp	33.1 bp −$33	doesn't fit	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.009370	−0.020%	$4.4M	$4.8M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	−0.130%	$192K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009370	−0.024%	$1.4M	$236K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	−0.237%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009353	−0.206%	$147K	$2.7M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009340	−0.344%	$16K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009365	−0.082%	$1K	$216K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0470%	4h	0.009378	+0.062%	$973K	$1.1M	20x	as long as short
Aster SAHARAUSDTlong	+0.0639%	4h	0.009372	long leg	$61K	$18K	5x
Bitget SAHARAUSDT	+0.0826%	4h	0.009389	+0.179%	$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	0.009372	−0.002%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0900%	4h	0.009357	−0.164%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0929%	4h	0.009365	−0.077%	$1.9M	$1.3M	20x	as long as short