Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.006%

Price spread now: ApeX Omni against Aster−0.023%59s7-day average — · you buy dearer than you sell

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

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and ApeX Omni is 0.023% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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	Aster SAHARAUSDT	0.009432	0.0115	pay 0.0057% / 4h	3h 32m	$62K	$19K	5x
Short	ApeX Omni SAHARAUSDT	0.009430	0.0100	get 0.0013% / 1h	32m 35s	$27K	$245K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now −0.023%Rate

Funding earned: −$3.11
Price spread: −0.023% → 0.000%: −$2.32
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.43
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; ApeX Omni: live order book, 14 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 14 min ago	10.66 bp	42.4 bp −$42	doesn't fit	doesn't fit	doesn't fit

Aster: 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	0.009430	−0.027%	$4.4M	$4.9M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009436	+0.040%	$1.8M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009444	+0.125%	$977K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009440	+0.083%	$212K	$51K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009435	+0.030%	$1.4M	$184K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009440	+0.083%	$274K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009426	−0.064%	$145K	$2.3M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009430	−0.023%	$27K	$245K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009429	−0.031%	$2K	$216K	5x	as long as short
Aster SAHARAUSDTlong	+0.0115%	4h	0.009432	long leg	$62K	$19K	5x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAHARA	+0.0230%	4h	0.009437	+0.047%	$22K	$14K	—	as long as short
BingX SAHARA-USDT	+0.0504%	4h	0.009435	+0.030%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0544%	4h	0.009445	+0.136%	$1.2M	$385K	25x	as long as short