Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0842%/8h= −92.2% APRpaid last 24h −0.068%

Price spread now: Gate against Variational Omni−0.175%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.175% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SAHARA	0.009366	0.0942	pay 0.0471% / 4h	3h 28m	$22K	$12K	—
Short	Gate SAHARA_USDT	0.009350	0.0100	get 0.0100% / 8h	3h 28m	$191K	$57K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.175%Rate

Funding earned: −$176.83
Price spread: −0.175% → 0.000%: −$17.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$209.3
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 18 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Gate live order book, 18 min ago	5.34 bp	53.8 bp −$54	doesn't fit	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.009354	−0.132%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDTshort	+0.0100%	8h	0.009350	−0.175%	$191K	$57K	25x
MEXC SAHARA_USDT	+0.0100%	4h	0.009354	−0.132%	$1.5M	$237K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009340	−0.281%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009362	−0.044%	$144K	$2.8M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009350	−0.175%	$16K	$259K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009351	−0.162%	$219	$217K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0400%	4h	0.009359	−0.079%	$990K	$1.1M	20x	as long as short
Bybit SAHARAUSDT	+0.0544%	4h	0.009357	−0.100%	$1.9M	$1.4M	20x	as long as short
Aster SAHARAUSDT	+0.0662%	4h	0.009360	−0.064%	$61K	$18K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0870%	4h	0.009360	−0.068%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0928%	4h	0.009376	+0.103%	$1.2M	$390K	25x	as long as short
Variational Omni SAHARAlong	+0.0942%	4h	0.009366	long leg	$22K	$12K	—