Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against MEXC−0.053%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1761.764% of the position

Long on MEXC Short on Gate

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)+0.005%$0 · spread now −0.053%, 7d avg −0.004%

Together, before fees+0.005%$0 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: Gate is 0.049% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SAHARA_USDT	0.009425	0.0100	pay 0.0050% / 4h	1h 44m	$1.4M	$194K	20x
Short	Gate SAHARA_USDT	0.009420	0.0100	get 0.0100% / 8h	1h 44m	$212K	$48K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → −0.004%: −$4.94
Slippage, 4 orders: −$157.39
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$181.33
Costs to cover: 1.764%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 31 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, 1 min ago	2.12 bp	11.1 bp −$11	48.2 bp −$482	207.0 bp −$20.7K	doesn't fit
Sell Gate live order book, 31 min ago	10.60 bp	81.5 bp −$82	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	0.009425	0.000%	$4.4M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009434	+0.095%	$1.8M	$1.2M	20x	as long as short
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009438	+0.138%	$979K	$1.0M	20x	as long as short
Gate SAHARA_USDTshort	+0.0100%	8h	0.009420	−0.053%	$212K	$48K	25x
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009425	long leg	$1.4M	$194K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009410	−0.159%	$273K	$51K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009427	+0.022%	$22K	$14K	—	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009417	−0.089%	$137K	$2.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009410	−0.159%	$25K	$251K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009424	−0.005%	$2K	$216K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0170%	4h	0.009411	−0.148%	$62K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0400%	4h	0.009424	−0.011%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0440%	4h	0.009418	−0.074%	$1.2M	$390K	25x	as long as short