Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Extended against KuCoin−0.168%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$417as in the Funding arb table

Net, price: spread back to 7d avg − costs−$439as in the Price arb table

costs, in and out, $10k−$4194.189% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.168%, 7d avg +0.032%

Together, before fees+0.263%+ Points / potential airdropExtended: Active · farm board+$26 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 0.200% cheaper against KuCoin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009420	0.0100	pay 0.0050% / 4h	12m 54s	$274K	$52K	25x
Short	Extended SAHARA-USD	0.009404	0.0104	get 0.0013% / 1h	12m 54s	$2K	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.168%Rate

Funding earned: $0.84
Price spread: −0.168% → +0.032%: −$20
Slippage, 4 orders: −$401.85
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$438.01
Costs to cover: 4.189%
Break-even: 3657.1 days

Slippage from KuCoin: live order book, 48 min ago; Extended: live order book, 64 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, 48 min ago	5.30 bp	200.9 bp −$201	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 64 min ago	1.59 bp	45.6 bp −$46	256.3 bp −$2,563	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	0.009408	−0.130%	$4.4M	$4.9M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009423	+0.032%	$982K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009420	0.000%	$213K	$47K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009405	−0.159%	$1.4M	$224K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009420	long leg	$274K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009410	−0.106%	$143K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009400	−0.212%	$20K	$257K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009404	−0.168%	$2K	$216K	5x
Aster SAHARAUSDT	+0.0277%	4h	0.009412	−0.082%	$62K	$19K	5x	as long as short
Variational Omni SAHARA	+0.0352%	4h	0.009421	+0.012%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0361%	4h	0.009416	−0.042%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0364%	4h	0.009421	+0.011%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0366%	4h	0.009421	+0.011%	$1.2M	$406K	25x	as long as short