Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0249%/8h= +27.2% APRpaid last 24h +0.018%

Price spread now: OKX against Extended+0.114%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

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

costs, in and out, $10k−$1401.400% of the position

Long on Extended Short on OKX

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)+0.058%+$6 · spread now +0.114%, 7d avg +0.084%

Together, before fees+0.069%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.030% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.084%.

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 0.6% 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	0.009330	0.0104	pay 0.0013% / 1h	18m 10s	$2K	$261K	5x
Short	OKX SAHARA-USDT-SWAP	0.009341	0.0353	get 0.0176% / 4h	3h 18m	$987K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.114%Rate

Funding earned: $52.23
Price spread: +0.114% → +0.084%: $3.04
Slippage, 4 orders: −$124.98
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$84.7
Costs to cover: 1.400%
Break-even: 18.4 days

Slippage from Extended: live order book, 34 min ago; OKX: live order book, 3 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, 34 min ago	1.60 bp	33.6 bp −$34	240.0 bp −$2,400	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.21 bp	33.6 bp −$34	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 SAHARAUSDT	+0.0100%	4h	0.009333	+0.032%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009340	+0.104%	$191K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009333	+0.029%	$1.5M	$238K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009330	−0.004%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009345	+0.162%	$137K	$2.9M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009330	−0.004%	$16K	$259K	50x	as long as short
Extended SAHARA-USDlong	+0.0104%	1h	0.009330	long leg	$2K	$261K	5x
Bybit SAHARAUSDT	+0.0315%	4h	0.009334	+0.039%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAPshort	+0.0353%	4h	0.009341	+0.114%	$987K	$1.1M	20x
Aster SAHARAUSDT	+0.0652%	4h	0.009342	+0.126%	$61K	$18K	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	+0.0866%	4h	0.009354	+0.257%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0873%	4h	0.009338	+0.082%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0922%	4h	0.009350	+0.211%	$1.2M	$398K	25x	as long as short