Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.7% APRpaid last 24h +0.019%

Price spread now: OKX against Gate+0.032%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1951.951% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.135%+$13 · spread now +0.032%, 7d avg +0.054%

Together, before fees+0.154%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.022% cheaper against Gate than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.054%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.019% in total) that is about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009350	0.0100	pay 0.0100% / 8h	2h 46m	$190K	$57K	25x
Short	OKX SAHARA-USDT-SWAP	0.009353	0.0261	get 0.0131% / 4h	2h 46m	$988K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $33.85
Price spread: +0.032% → +0.054%: −$2.2
Slippage, 4 orders: −$170.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$163.42
Costs to cover: 1.951%
Break-even: 40.8 days

Slippage from Gate: live order book, 59 min ago; OKX: live order book, 5 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, 59 min ago	5.34 bp	73.8 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.14 bp	35.4 bp −$35	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	0.009348	−0.021%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009350	long leg	$190K	$57K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009348	−0.021%	$1.5M	$242K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.107%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009363	+0.142%	$142K	$2.9M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009350	0.000%	$16K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009344	−0.060%	$118	$312K	5x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0261%	4h	0.009353	+0.032%	$988K	$1.1M	20x
Bybit SAHARAUSDT	+0.0491%	4h	0.009351	+0.011%	$1.9M	$1.4M	20x	as long as short
Aster SAHARAUSDT	+0.0646%	4h	0.009351	+0.011%	$61K	$19K	5x	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	+0.0770%	4h	0.009369	+0.207%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0874%	4h	0.009350	0.000%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0924%	4h	0.009365	+0.160%	$1.2M	$401K	25x	as long as short