Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin0.000%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$441as in the Funding arb table

Net, price: spread back to 7d avg − costs−$445as in the Price arb table

costs, in and out, $10k−$4414.413% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.222%+$22 · spread now 0.000%, 7d avg +0.035%

Together, before fees+0.229%+$23 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: ApeX Omni is 0.035% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009370	0.0100	pay 0.0050% / 4h	3m 16s	$277K	$50K	25x
Short	ApeX Omni SAHARAUSDT	0.009370	0.0100	get 0.0013% / 1h	3m 16s	$20K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.035%: −$3.5
Slippage, 4 orders: −$419.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$444.81
Costs to cover: 4.413%
Break-even: never at this rate

Slippage from KuCoin: live order book, 29 min ago; ApeX Omni: 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 KuCoin live order book, 29 min ago	10.68 bp	204.8 bp −$205	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 33 min ago	10.66 bp	32.0 bp −$32	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	0.009378	+0.081%	$4.5M	$4.8M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009389	+0.203%	$996K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009380	+0.107%	$187K	$62K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009373	+0.032%	$1.5M	$238K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009370	long leg	$277K	$50K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009382	+0.126%	$138K	$3.3M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009370	0.000%	$20K	$254K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009382	+0.132%	$3K	$196K	5x	as long as short
Bybit SAHARAUSDT	+0.0288%	4h	0.009388	+0.192%	$1.9M	$1.4M	20x	as long as short
Variational Omni SAHARA	+0.0362%	4h	0.009389	+0.200%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0630%	4h	0.009383	+0.143%	$61K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0698%	4h	0.009387	+0.181%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0706%	4h	0.009391	+0.224%	$1.2M	$372K	25x	as long as short