Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.010%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1241.236% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.010%, 7d avg +0.036%

Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 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: Binance is 0.025% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SAHARA-USD	0.009392	0.0104	pay 0.0013% / 1h	51m 52s	$2K	$194K	5x
Short	Binance SAHARAUSDT	0.009393	0.0100	get 0.0050% / 4h	51m 52s	$4.5M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.010%Rate

Funding earned: −$0.84
Price spread: +0.010% → +0.036%: −$2.53
Slippage, 4 orders: −$108.61
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$126.98
Costs to cover: 1.236%
Break-even: never at this rate

Slippage from Extended: live order book, 51 min ago; Binance: live order book, 15 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 Extended live order book, 51 min ago	1.60 bp	46.3 bp −$46	265.5 bp −$2,655	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.06 bp	15.6 bp −$16	61.1 bp −$611	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 SAHARAUSDTshort	+0.0100%	4h	0.009393	+0.010%	$4.5M	$4.9M	25x
Gate SAHARA_USDT	+0.0100%	8h	0.009380	−0.130%	$188K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009402	+0.104%	$1.5M	$233K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009380	−0.130%	$276K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009390	−0.023%	$141K	$3.2M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009350	−0.449%	$20K	$256K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009392	long leg	$2K	$194K	5x
OKX SAHARA-USDT-SWAP	+0.0178%	4h	0.009405	+0.136%	$997K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0434%	4h	0.009395	+0.030%	$1.9M	$1.4M	20x	as long as short
Variational Omni SAHARA	+0.0539%	4h	0.009360	−0.345%	$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	+0.0657%	4h	0.009383	−0.098%	$61K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0752%	4h	0.009393	+0.009%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0802%	4h	0.009409	+0.179%	$1.2M	$379K	25x	as long as short