Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Gate−0.081%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$214as in the Price arb table

costs, in and out, $10k−$2092.094% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.081%, 7d avg −0.030%

Together, before fees+0.125%+ Points / potential airdropExtended: Active · farm board+$13 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: Extended is 0.051% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009370	0.0100	pay 0.0100% / 8h	5h 28m	$193K	$57K	25x
Short	Extended SAHARA-USD	0.009362	0.0104	get 0.0013% / 1h	28m 41s	$3K	$215K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0.84
Price spread: −0.081% → −0.030%: −$5.13
Slippage, 4 orders: −$189.36
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$213.66
Costs to cover: 2.094%
Break-even: 1787.5 days

Slippage from Gate: live order book, 27 min ago; Extended: live order book, 33 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 Gate live order book, 27 min ago	5.33 bp	69.5 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 33 min ago	1.60 bp	39.7 bp −$40	251.3 bp −$2,513	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	0.009365	−0.053%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009370	long leg	$193K	$57K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009364	−0.064%	$1.4M	$230K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009360	−0.107%	$274K	$53K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009383	+0.140%	$138K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009370	0.000%	$19K	$256K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009362	−0.081%	$3K	$215K	5x
OKX SAHARA-USDT-SWAP	+0.0351%	4h	0.009375	+0.053%	$983K	$1.0M	20x	as long as short
Aster SAHARAUSDT	+0.0559%	4h	0.009359	−0.120%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0620%	4h	0.009378	+0.085%	$1.2M	$396K	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	+0.0765%	4h	0.009386	+0.172%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0771%	4h	0.009368	−0.021%	$1.9M	$1.3M	20x	as long as short
BingX SAHARA-USDT	+0.0772%	4h	0.009367	−0.032%	—	$2.3M	—	as long as short