Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0312%/8h= +34.2% APRpaid last 24h +0.018%

Price spread now: BingX against Extended+0.064%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1101.097% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.064%, 7d avg +0.066%

Together, before fees−0.011%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$9 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 0.011% in total (about 0.5% 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	Extended SAHARA-USD	0.009439	0.0104	pay 0.0013% / 1h	46m 19s	$2K	$216K	5x
Short	BingX SAHARA-USDT	0.009445	0.0416	get 0.0208% / 4h	46m 19s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.064%Rate

Funding earned: $65.52
Price spread: +0.064% → +0.066%: −$0.22
Slippage, 4 orders: −$94.71
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$44.41
Costs to cover: 1.097%
Break-even: 11.7 days

Slippage from Extended: live order book, 31 min ago; BingX: live order book, 2 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, 31 min ago	1.59 bp	27.2 bp −$27	226.9 bp −$2,269	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	3.18 bp	15.1 bp −$15	51.5 bp −$515	1150.0 bp −$115.0K	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	0.009440	+0.011%	$4.4M	$4.9M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009456	+0.180%	$986K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009450	+0.117%	$213K	$47K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009440	+0.011%	$1.3M	$197K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009440	+0.011%	$275K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009470	+0.328%	$144K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009450	+0.117%	$22K	$254K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009439	long leg	$2K	$216K	5x
Aster SAHARAUSDT	+0.0271%	4h	0.009445	+0.059%	$62K	$19K	5x	as long as short
Variational Omni SAHARA	+0.0306%	4h	0.009471	+0.337%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0414%	4h	0.009445	+0.064%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDTshort	+0.0416%	4h	0.009445	+0.064%	—	$2.3M	—
Bitget SAHARAUSDT	+0.0444%	4h	0.009457	+0.191%	$1.2M	$405K	25x	as long as short