Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against MEXC−0.683%66s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as 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−$960.965% of the position

Long on MEXC 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)+0.917%+$92 · spread now −0.683%, 7d avg −0.006%

Together, before fees+0.917%+$92 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 0.677% cheaper against MEXC than usual: you would sell low and buy high, −$68 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 66 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	MEXC SAHARA_USDT	0.009364	0.0100	pay 0.0050% / 4h	2h 36m	$1.5M	$229K	20x
Short	ApeX Omni SAHARAUSDT	0.009300	0.0100	get 0.0013% / 1h	36m 13s	$17K	$262K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.683%Rate

Funding earned: $0
Price spread: −0.683% → −0.006%: −$67.71
Slippage, 4 orders: −$82.49
Fee MEXC: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$164.2
Costs to cover: 0.965%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 30 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 MEXC live order book, 5 min ago	1.61 bp	13.6 bp −$14	44.5 bp −$445	223.7 bp −$22.4K	doesn't fit
Sell ApeX Omni live order book, 30 min ago	15.91 bp	36.7 bp −$37	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	0.009375	+0.117%	$4.4M	$5.0M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	−0.043%	$195K	$55K	25x	as long as short
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009364	long leg	$1.5M	$229K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.256%	$271K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009321	−0.456%	$138K	$2.5M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009300	−0.683%	$17K	$262K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009372	+0.083%	$107	$217K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0163%	4h	0.009378	+0.150%	$977K	$1.1M	20x	as long as short
Aster SAHARAUSDT	+0.0379%	4h	0.009349	−0.158%	$61K	$19K	5x	as long as short
Bitget SAHARAUSDT	+0.0388%	4h	0.009376	+0.128%	$1.2M	$419K	25x	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	+0.0658%	4h	0.009382	+0.187%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0660%	4h	0.009368	+0.043%	—	$2.3M	—	as long as short
Bybit SAHARAUSDT	+0.0756%	4h	0.009384	+0.214%	$2.0M	$1.3M	20x	as long as short