Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin−0.214%112s7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$544as 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−$5455.450% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.214%, 7d avg +0.039%

Together, before fees+0.360%+$36 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 0.253% cheaper against KuCoin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.039%. The two prices were read 112 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	KuCoin SAHARAUSDTM	0.009330	0.0100	pay 0.0050% / 4h	3h 05m	$273K	$52K	25x
Short	ApeX Omni SAHARAUSDT	0.009310	0.0100	get 0.0013% / 1h	5m 39s	$16K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.214%Rate

Funding earned: $0
Price spread: −0.214% → +0.039%: −$25.33
Slippage, 4 orders: −$523.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$570.34
Costs to cover: 5.450%
Break-even: never at this rate

Slippage from KuCoin: live order book, 66 min ago; ApeX Omni: live order book, 46 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 KuCoin live order book, 66 min ago	5.34 bp	259.5 bp −$259	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 46 min ago	10.64 bp	30.2 bp −$30	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	0.009343	+0.139%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009340	+0.107%	$191K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009348	+0.193%	$1.4M	$240K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009330	long leg	$273K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009310	−0.214%	$141K	$2.9M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009310	−0.214%	$16K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009340	+0.111%	$117	$315K	5x	as long as short
Bybit SAHARAUSDT	+0.0141%	4h	0.009347	+0.182%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0283%	4h	0.009349	+0.204%	$988K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0601%	4h	0.009342	+0.129%	$61K	$19K	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	+0.0772%	4h	0.009346	+0.170%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0868%	4h	0.009349	+0.204%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0904%	4h	0.009366	+0.386%	$1.2M	$397K	25x	as long as short