Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%

Price spread now: ApeX Omni against OKX−0.171%60s7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as 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−$1231.232% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.171%, 7d avg −0.070%

Together, before fees+0.080%+$8 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 0.101% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.070%. The two prices were read 60 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	OKX SAHARA-USDT-SWAP	0.009346	0.0100	pay 0.0050% / 4h	3h 36m	$998K	$1.1M	20x
Short	ApeX Omni SAHARAUSDT	0.009330	0.0100	get 0.0013% / 1h	36m 36s	$20K	$251K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.171%Rate

Funding earned: $0
Price spread: −0.171% → −0.070%: −$10.09
Slippage, 4 orders: −$103.18
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$133.27
Costs to cover: 1.232%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; ApeX Omni: live order book, 60 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 OKX live order book, 5 min ago	3.21 bp	29.2 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	10.66 bp	32.0 bp −$32	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	0.009345	−0.012%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDT	+0.0100%	4h	0.009346	0.000%	$1.9M	$1.4M	20x	as long as short
OKX SAHARA-USDT-SWAPlong	+0.0100%	4h	0.009346	long leg	$998K	$1.1M	20x
Gate SAHARA_USDT	+0.0100%	8h	0.009350	+0.043%	$188K	$62K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009345	−0.011%	$1.5M	$224K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	+0.043%	$276K	$48K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009340	−0.064%	$140K	$3.4M	10x	as long as short
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009330	−0.171%	$20K	$251K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009342	−0.038%	$2K	$197K	5x	as long as short
Variational Omni SAHARA	+0.0245%	4h	0.009344	−0.022%	$22K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0551%	4h	0.009353	+0.071%	$61K	$18K	5x	as long as short
BingX SAHARA-USDT	+0.0558%	4h	0.009353	+0.075%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0570%	4h	0.009348	+0.021%	$1.2M	$365K	25x	as long as short