Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0768%/8h= −84.1% APRpaid last 24h −0.033%

Price spread now: Extended against BingX−0.070%7-day average −0.068% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1091.087% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.070%, 7d avg −0.068%

Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% 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	BingX SAHARA-USDT	0.009367	0.0872	pay 0.0436% / 4h	14m 36s	—	$2.3M	—
Short	Extended SAHARA-USD	0.009360	0.0104	get 0.0013% / 1h	14m 36s	$1K	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$161.28
Price spread: −0.070% → −0.068%: −$0.14
Slippage, 4 orders: −$93.7
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$270.12
Costs to cover: 1.087%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Extended: live order book, 42 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 BingX live order book, 4 min ago	3.74 bp	18.0 bp −$18	64.3 bp −$643	doesn't fit	doesn't fit
Sell Extended live order book, 42 min ago	1.07 bp	42.6 bp −$43	266.3 bp −$2,663	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	0.009362	−0.053%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	−0.075%	$192K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009356	−0.117%	$1.4M	$236K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	−0.181%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009360	−0.075%	$147K	$2.7M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009340	−0.288%	$16K	$259K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009360	−0.070%	$1K	$216K	5x
OKX SAHARA-USDT-SWAP	+0.0470%	4h	0.009370	+0.032%	$972K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0636%	4h	0.009341	−0.278%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0822%	4h	0.009376	+0.096%	$1.2M	$392K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDTlong	+0.0872%	4h	0.009367	long leg	—	$2.3M	—
Variational Omni SAHARA	+0.0900%	4h	0.009357	−0.108%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0926%	4h	0.009366	−0.011%	$1.9M	$1.3M	20x	as long as short