Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against KuCoin−0.056%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$508as in the Price arb table

costs, in and out, $10k−$4994.994% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.056%, 7d avg +0.029%

Together, before fees+0.153%+ Points / potential airdropExtended: Active · farm board+$15 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 0.085% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAHARAUSDTM	0.009360	0.0100	pay 0.0050% / 4h	1h 38m	$273K	$52K	25x
Short	Extended SAHARA-USD	0.009355	0.0104	get 0.0013% / 1h	38m 28s	$3K	$317K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0.84
Price spread: −0.056% → +0.029%: −$8.55
Slippage, 4 orders: −$482.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$507.15
Costs to cover: 4.994%
Break-even: 4233.3 days

Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago	10.67 bp	206.5 bp −$206	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	1.60 bp	46.7 bp −$47	263.8 bp −$2,638	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	0.009358	−0.027%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	0.000%	$187K	$59K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009354	−0.064%	$1.5M	$242K	20x	as long as short
KuCoin SAHARAUSDTMlong	+0.0100%	4h	0.009360	long leg	$273K	$52K	25x
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009388	+0.296%	$146K	$3.1M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009370	+0.107%	$20K	$259K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009355	−0.056%	$3K	$317K	5x
OKX SAHARA-USDT-SWAP	+0.0211%	4h	0.009360	0.000%	$995K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0452%	4h	0.009366	+0.064%	$1.9M	$1.4M	20x	as long as short
Aster SAHARAUSDT	+0.0649%	4h	0.009370	+0.112%	$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	+0.0666%	4h	0.009381	+0.223%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0868%	4h	0.009361	+0.011%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0900%	4h	0.009378	+0.192%	$1.2M	$381K	25x	as long as short