Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Binance−0.032%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1641.644% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.032%, 7d avg −0.006%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SAHARAUSDT	0.009313	0.0100	pay 0.0050% / 4h	2h 29m	$4.5M	$5.0M	25x
Short	Gate SAHARA_USDT	0.009310	0.0100	get 0.0100% / 8h	2h 29m	$189K	$58K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → −0.006%: −$2.64
Slippage, 4 orders: −$139.4
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$167.03
Costs to cover: 1.644%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Gate: live order book, 11 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 Binance live order book, 8 min ago	1.07 bp	17.8 bp −$18	84.0 bp −$840	doesn't fit	doesn't fit
Sell Gate live order book, 11 min ago	5.38 bp	60.6 bp −$61	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 SAHARAUSDTlong	+0.0100%	4h	0.009313	long leg	$4.5M	$5.0M	25x
Gate SAHARA_USDTshort	+0.0100%	8h	0.009310	−0.032%	$189K	$58K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009313	0.000%	$1.5M	$243K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009300	−0.140%	$272K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009307	−0.068%	$140K	$3.0M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009290	−0.247%	$16K	$258K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009316	+0.030%	$2K	$314K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0189%	4h	0.009322	+0.097%	$984K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0379%	4h	0.009311	−0.021%	$1.9M	$1.4M	20x	as long as short
Aster SAHARAUSDT	+0.0611%	4h	0.009316	+0.030%	$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	+0.0717%	4h	0.009306	−0.075%	$21K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0832%	4h	0.009315	+0.021%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0860%	4h	0.009329	+0.172%	$1.2M	$396K	25x	as long as short