Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.103%

Price spread now: Extended against Bitget−0.244%7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1241.242% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.244%, 7d avg −0.120%

Together, before fees+0.140%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Extended is 0.124% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.120%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% 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	Bitget SAHARAUSDT	0.009330	0.0536	pay 0.0268% / 4h	3h 30m	$1.2M	$364K	25x
Short	Extended SAHARA-USD	0.009307	0.0104	get 0.0013% / 1h	30m 01s	$3K	$202K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.244%Rate

Funding earned: −$90.72
Price spread: −0.244% → −0.120%: −$12.35
Slippage, 4 orders: −$107.19
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$227.26
Costs to cover: 1.242%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 1 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 Bitget live order book, 1 min ago	6.43 bp	25.5 bp −$26	266.3 bp −$2,663	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	1.61 bp	32.7 bp −$33	248.5 bp −$2,485	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	0.009319	−0.123%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009317	−0.139%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009325	−0.054%	$994K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009310	−0.214%	$187K	$62K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009309	−0.225%	$1.5M	$225K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009300	−0.322%	$274K	$48K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009341	+0.120%	$140K	$3.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009310	−0.214%	$20K	$250K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009307	−0.244%	$3K	$202K	5x
Variational Omni SAHARA	+0.0170%	4h	0.009320	−0.108%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0524%	4h	0.009322	−0.082%	$61K	$18K	5x	as long as short
BingX SAHARA-USDT	+0.0532%	4h	0.009310	−0.214%	—	$2.3M	—	as long as short
Bitget SAHARAUSDTlong	+0.0536%	4h	0.009330	long leg	$1.2M	$364K	25x