Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against Gate−0.180%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1341.341% of the position

Long on Gate Short on MEXC

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)+0.196%+$20 · spread now −0.180%, 7d avg +0.001%

Together, before fees+0.196%+$20 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: MEXC is 0.182% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.001%.

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	7h 49m	$214K	$43K	25x
Short	MEXC SAHARA_USDT	0.009413	0.0100	get 0.0050% / 4h	3h 49m	$1.4M	$219K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.180%Rate

Funding earned: $0
Price spread: −0.180% → +0.001%: −$18.16
Slippage, 4 orders: −$115.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$152.21
Costs to cover: 1.341%
Break-even: never at this rate

Slippage from Gate: live order book, 17 min ago; MEXC: live order book, 7 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, 17 min ago	5.30 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	1.05 bp	12.6 bp −$13	70.4 bp −$704	236.5 bp −$23.6K	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	0.009417	−0.138%	$4.4M	$4.9M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009425	−0.053%	$1.9M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009428	−0.021%	$981K	$1.1M	20x	as long as short
Gate SAHARA_USDTlong	+0.0100%	8h	0.009430	long leg	$214K	$43K	25x
MEXC SAHARA_USDTshort	+0.0100%	4h	0.009413	−0.180%	$1.4M	$219K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009410	−0.212%	$275K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009454	+0.254%	$141K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009440	+0.106%	$20K	$257K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009406	−0.250%	$524	$215K	5x	as long as short
Aster SAHARAUSDT	+0.0303%	4h	0.009416	−0.149%	$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
Bitget SAHARAUSDT	+0.0372%	4h	0.009433	+0.032%	$1.2M	$396K	25x	as long as short
Variational Omni SAHARA	+0.0460%	4h	0.009448	+0.186%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0546%	4h	0.009419	−0.117%	—	$2.3M	—	as long as short