Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Gate−0.532%111s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2022.024% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.577%+$58 · spread now −0.532%, 7d avg −0.020%

Together, before fees+0.577%+$58 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: ApeX Omni is 0.512% cheaper against Gate than usual: you would sell low and buy high, −$51 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009400	0.0100	pay 0.0100% / 8h	2h 05m	$188K	$60K	25x
Short	ApeX Omni SAHARAUSDT	0.009350	0.0100	get 0.0013% / 1h	5m 35s	$18K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now −0.532%Rate

Funding earned: $0
Price spread: −0.532% → −0.020%: −$51.16
Slippage, 4 orders: −$177.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$253.61
Costs to cover: 2.024%
Break-even: never at this rate

Slippage from Gate: live order book, 36 min ago; ApeX Omni: live order book, 41 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 Gate live order book, 36 min ago	5.38 bp	67.5 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 41 min ago	16.03 bp	35.0 bp −$35	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	0.009404	+0.043%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009400	long leg	$188K	$60K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009405	+0.053%	$1.5M	$247K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009400	0.000%	$274K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009380	−0.213%	$139K	$3.1M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009350	−0.532%	$18K	$258K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009401	+0.015%	$2K	$316K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0269%	4h	0.009416	+0.170%	$997K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0659%	4h	0.009393	−0.071%	$62K	$19K	5x	as long as short
Bybit SAHARAUSDT	+0.0665%	4h	0.009409	+0.096%	$1.9M	$1.4M	20x	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	+0.0761%	4h	0.009411	+0.121%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0874%	4h	0.009409	+0.096%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0926%	4h	0.009420	+0.213%	$1.2M	$384K	25x	as long as short