Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0555%/8h= −60.8% APRpaid last 24h −0.044%

Price spread now: Gate against Aster−0.084%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 Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 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 −$17 a day on $10k at the current rate, and Gate is 0.084% cheaper against Aster than usual: you would sell low and buy high (−$8 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 -0.044% in total (about -2.3% 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	0.009358	0.0655	pay 0.0327% / 4h	3h 26m	$61K	$18K	5x
Short	Gate SAHARA_USDT	0.009350	0.0100	get 0.0100% / 8h	3h 26m	$191K	$57K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.084%Rate

Funding earned: −$116.55
Price spread: −0.084% → 0.000%: −$8.4
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$147.95
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 20 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 Gate live order book, 20 min ago	5.34 bp	53.8 bp −$54	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	0.009353	−0.052%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTshort	+0.0100%	8h	0.009350	−0.084%	$191K	$57K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009349	−0.095%	$1.5M	$238K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.191%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009358	+0.001%	$141K	$2.8M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009350	−0.084%	$16K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009350	−0.081%	$219	$217K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0392%	4h	0.009359	+0.012%	$990K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0399%	4h	0.009356	−0.020%	$1.9M	$1.3M	20x	as long as short
Aster SAHARAUSDTlong	+0.0655%	4h	0.009358	long leg	$61K	$18K	5x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0870%	4h	0.009353	−0.052%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0922%	4h	0.009373	+0.162%	$1.2M	$390K	25x	as long as short
Variational Omni SAHARA	+0.0942%	4h	0.009366	+0.091%	$22K	$12K	—	as long as short