Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Gate−0.003%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$217as in the Price arb table

costs, in and out, $10k−$2192.190% of the position

Long on Gate Short on Extended

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)+0.031%+$3 · spread now −0.003%, 7d avg −0.027%

Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 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: Extended is 0.025% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SAHARA_USDT	0.009430	0.0100	pay 0.0100% / 8h	1h 06m	$212K	$48K	25x
Short	Extended SAHARA-USD	0.009430	0.0104	get 0.0013% / 1h	6m 08s	$2K	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0.84
Price spread: −0.003% → −0.027%: $2.46
Slippage, 4 orders: −$199.03
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$215.73
Costs to cover: 2.190%
Break-even: 1804.7 days

Slippage from Gate: live order book, 5 min ago; Extended: live order book, 11 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, 5 min ago	5.30 bp	64.9 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 11 min ago	1.59 bp	45.6 bp −$46	256.3 bp −$2,563	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	0.009430	0.000%	$4.4M	$4.8M	25x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009443	+0.138%	$983K	$1.0M	20x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009430	long leg	$212K	$48K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009431	+0.011%	$1.4M	$198K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009420	−0.106%	$272K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009422	−0.084%	$141K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009410	−0.212%	$21K	$252K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009430	−0.003%	$2K	$216K	5x
Variational Omni SAHARA	+0.0139%	4h	0.009427	−0.029%	$22K	$14K	—	as long as short
Aster SAHARAUSDT	+0.0215%	4h	0.009422	−0.085%	$62K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAHARAUSDT	+0.0226%	4h	0.009443	+0.138%	$1.9M	$1.2M	20x	as long as short
BingX SAHARA-USDT	+0.0404%	4h	0.009433	+0.032%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0428%	4h	0.009452	+0.233%	$1.2M	$392K	25x	as long as short