Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.019%

Price spread now: OKX against ApeX Omni+0.508%90s7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1391.387% of the position

Long on ApeX Omni 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)−0.404%−$40 · spread now +0.508%, 7d avg +0.068%

Together, before fees−0.384%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.440% dearer against ApeX Omni than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.068%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SAHARAUSDT	0.009260	0.0100	pay 0.0013% / 1h	24m 03s	$16K	$257K	50x
Short	OKX SAHARA-USDT-SWAP	0.009307	0.0186	get 0.0093% / 4h	2h 24m	$982K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.508%Rate

Funding earned: $18.02
Price spread: +0.508% → +0.068%: $44
Slippage, 4 orders: −$118.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$76.7
Costs to cover: 1.387%
Break-even: 36.8 days

Slippage from ApeX Omni: live order book, 23 min ago; OKX: live order book, 2 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	16.03 bp	39.3 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.70 bp	31.8 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	0.009301	+0.443%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009280	+0.216%	$186K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009302	+0.454%	$1.5M	$243K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009290	+0.324%	$271K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009309	+0.533%	$140K	$3.0M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009260	long leg	$16K	$257K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009292	+0.341%	$2K	$314K	5x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0186%	4h	0.009307	+0.508%	$982K	$1.1M	20x
Bybit SAHARAUSDT	+0.0366%	4h	0.009302	+0.454%	$1.9M	$1.3M	20x	as long as short
Aster SAHARAUSDT	+0.0595%	4h	0.009302	+0.455%	$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	+0.0665%	4h	0.009269	+0.097%	$21K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0818%	4h	0.009299	+0.421%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0848%	4h	0.009283	+0.248%	$1.2M	$385K	25x	as long as short