Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.068%

Price spread now: Variational Omni against ApeX Omni+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Variational Omni is 0.031% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SAHARAUSDT	0.009350	0.0100	pay 0.0013% / 1h	29m 17s	$20K	$256K	50x
Short	Variational Omni SAHARA	0.009353	0.0554	get 0.0277% / 4h	1h 29m	$22K	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.031%Rate

Funding earned: $95.24
Price spread: +0.031% → 0.000%: $3.06
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $88.3
Costs to cover: 0.100%
Break-even: 0.5 days

Slippage unknown: ApeX Omni: live order book, 12 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 12 min ago	16.00 bp	39.0 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.009365	+0.160%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	+0.107%	$187K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009372	+0.235%	$1.5M	$243K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	0.000%	$274K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009351	+0.009%	$140K	$3.2M	10x	as long as short
ApeX Omni SAHARAUSDTlong	+0.0100%	1h	0.009350	long leg	$20K	$256K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009356	+0.060%	$3K	$254K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0161%	4h	0.009363	+0.139%	$994K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0332%	4h	0.009361	+0.118%	$1.9M	$1.4M	20x	as long as short
Variational Omni SAHARAshort	+0.0554%	4h	0.009353	+0.031%	$22K	$12K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0601%	4h	0.009366	+0.176%	$61K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0822%	4h	0.009360	+0.107%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0834%	4h	0.009378	+0.299%	$1.2M	$380K	25x	as long as short