Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.018%

Price spread now: Extended against OKX−0.049%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1361.357% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.049%, 7d avg −0.084%

Together, before fees−0.132%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.035% dearer against OKX than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.084%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.011% in total) that is about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SAHARA-USDT-SWAP	0.009366	0.0247	pay 0.0124% / 4h	1h 53m	$990K	$1.1M	20x
Short	Extended SAHARA-USD	0.009361	0.0104	get 0.0013% / 1h	53m 39s	$2K	$312K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$30.03
Price spread: −0.049% → −0.084%: $3.47
Slippage, 4 orders: −$120.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$162.31
Costs to cover: 1.357%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Extended: live order book, 54 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, 3 min ago	1.60 bp	29.4 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 54 min ago	2.14 bp	31.9 bp −$32	237.5 bp −$2,375	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	0.009364	−0.024%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009360	−0.064%	$187K	$58K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009363	−0.032%	$1.5M	$241K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	−0.171%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009390	+0.261%	$146K	$3.1M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009380	+0.149%	$20K	$259K	50x	as long as short
Extended SAHARA-USDshort	+0.0104%	1h	0.009361	−0.049%	$2K	$312K	5x
OKX SAHARA-USDT-SWAPlong	+0.0247%	4h	0.009366	long leg	$990K	$1.1M	20x
Bybit SAHARAUSDT	+0.0558%	4h	0.009361	−0.053%	$1.9M	$1.4M	20x	as long as short
Aster SAHARAUSDT	+0.0642%	4h	0.009354	−0.126%	$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	+0.0722%	4h	0.009378	+0.127%	$22K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0880%	4h	0.009365	−0.011%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0904%	4h	0.009376	+0.107%	$1.2M	$384K	25x	as long as short