Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0664%/8h= +72.7% APRpaid last 24h +0.074%

Price spread now: Bitget against ApeX Omni+0.330%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1191.185% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 4 days (all we have)−0.475%−$47 · spread now +0.330%, 7d avg +0.111%

Together, before fees−0.401%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bitget is 0.219% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.111%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SAHARAUSDT	0.009390	0.0100	pay 0.0013% / 1h	13m 30s	$20K	$254K	50x
Short	Bitget SAHARAUSDT	0.009421	0.0764	get 0.0382% / 4h	13m 30s	$1.2M	$374K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.330%Rate

Funding earned: $139.44
Price spread: +0.330% → +0.111%: $21.93
Slippage, 4 orders: −$96.55
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $42.82
Costs to cover: 1.185%
Break-even: 4.9 days

Slippage from ApeX Omni: live order book, 23 min ago; Bitget: live order book, 3 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 ApeX Omni live order book, 23 min ago	10.66 bp	32.5 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	6.37 bp	23.9 bp −$24	209.4 bp −$2,094	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	+0.192%	$4.5M	$4.8M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009410	+0.213%	$188K	$62K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009411	+0.224%	$1.5M	$238K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009400	+0.106%	$277K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009410	+0.213%	$145K	$3.3M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009390	long leg	$20K	$254K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009409	+0.207%	$3K	$202K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0113%	4h	0.009416	+0.277%	$998K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0317%	4h	0.009408	+0.192%	$1.9M	$1.4M	20x	as long as short
Variational Omni SAHARA	+0.0416%	4h	0.009406	+0.166%	$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	+0.0651%	4h	0.009400	+0.102%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0704%	4h	0.009414	+0.256%	—	$2.3M	—	as long as short
Bitget SAHARAUSDTshort	+0.0764%	4h	0.009421	+0.330%	$1.2M	$374K	25x