Settings8H · net · $10k
Funding arb · Price arb /

SAHARA

all SAHARA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.019%
Price spread now: Gate against OKX−0.106%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1891.892% of the position
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)−0.061%−$6 · spread now −0.106%, 7d avg −0.054%
Together, before fees−0.080%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.052% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SAHARA-USDT-SWAP0.0094100.0268pay 0.0134% / 4h2h 05m$997K$1.1M20x
ShortGate SAHARA_USDT0.0094000.0100get 0.0100% / 8h2h 05m$188K$60K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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

Funding earned
−$35.37
Price spread: −0.106% → −0.054%
−$5.22
Slippage, 4 orders
−$164.18
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$229.78
Costs to cover
1.892%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago1.59 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 36 min ago5.38 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SAHARAUSDT+0.0100%4h0.009403−0.070%$4.5M$4.9M25xas long as short
Gate SAHARA_USDTshort+0.0100%8h0.009400−0.106%$188K$60K25x
MEXC SAHARA_USDT+0.0100%4h0.009401−0.096%$1.5M$247K20xas long as short
KuCoin SAHARAUSDTM+0.0100%4h0.009400−0.106%$274K$52K25xas long as short
GRVT SAHARA_USDT_Perp+0.0100%4h0.009407−0.033%$146K$3.1M10xas long as short
ApeX Omni SAHARAUSDT+0.0100%1h0.009390−0.213%$20K$258K50xas long as short
Extended SAHARA-USD+0.0104%1h0.009400−0.102%$2K$316K5xas long as short
OKX SAHARA-USDT-SWAPlong+0.0268%4h0.009410long leg$997K$1.1M20x
Aster SAHARAUSDT+0.0659%4h0.009393−0.177%$62K$19K5xas long as short
Bybit SAHARAUSDT+0.0660%4h0.009408−0.021%$1.9M$1.4M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAHARA+0.0761%4h0.009411+0.014%$22K$12Kas long as short
BingX SAHARA-USDT+0.0874%4h0.009408−0.021%$2.3Mas long as short
Bitget SAHARAUSDT+0.0926%4h0.009420+0.106%$1.2M$384K25xas long as short