Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0020%/8h= +2.1% APRpaid last 24h −0.001%

Price spread now: OKX against Extended+0.378%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1401.403% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.203%−$20 · spread now +0.378%, 7d avg +0.080%

Together, before fees−0.213%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.298% dearer against Extended than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SAHARA-USD	0.009332	0.0104	pay 0.0013% / 1h	58m 29s	$2K	$219K	5x
Short	OKX SAHARA-USDT-SWAP	0.009367	0.0124	get 0.0062% / 4h	2h 58m	$971K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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 ExtendedbpFee OKXbpOrdersPrice spread, now +0.378%Rate

Funding earned: $4.12
Price spread: +0.378% → +0.080%: $29.8
Slippage, 4 orders: −$125.29
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$106.38
Costs to cover: 1.403%
Break-even: 187.8 days

Slippage from Extended: live order book, 8 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 Extended live order book, 8 min ago	1.59 bp	38.7 bp −$39	256.6 bp −$2,566	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.07 bp	41.4 bp −$41	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	0.009353	+0.232%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009340	+0.088%	$195K	$54K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009356	+0.260%	$1.5M	$226K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	+0.195%	$273K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009370	+0.408%	$142K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009380	+0.517%	$21K	$257K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009332	long leg	$2K	$219K	5x
OKX SAHARA-USDT-SWAPshort	+0.0124%	4h	0.009367	+0.378%	$971K	$1.0M	20x
Aster SAHARAUSDT	+0.0340%	4h	0.009336	+0.047%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0384%	4h	0.009372	+0.431%	$1.2M	$405K	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	+0.0612%	4h	0.009378	+0.499%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0854%	4h	0.009352	+0.217%	—	$2.3M	—	as long as short
Bybit SAHARAUSDT	+0.0895%	4h	0.009363	+0.335%	$1.9M	$1.3M	20x	as long as short