SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0454%/8h= −49.7% APRnext payment −$2.27 per $10,000 · paid last 24h −0.013%

Price spread now: Bybit against BingX+0.150%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$810.807% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days−0.149%−$15 · spread now +0.150%, 7d avg +0.027%

Together, before fees−0.162%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.124% dearer against BingX than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.027%): +$12 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.013% in total) that is about 2 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SAHARA-USDT	0.009310	0.0816	pay 0.0408% / 4h	2h 22m	—	$2.3M	—
Short	Bybit SAHARAUSDT	0.009324	0.0362	get 0.0181% / 4h	2h 22m	$1.9M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now +0.150%Rate

Funding earned: −$95.29
Price spread: +0.150% → +0.027%: $12.35
Slippage, 4 orders: −$59.67
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$163.61
Costs to cover: 0.807%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 4 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 BingX live order book, 11 min ago	4.30 bp	18.7 bp −$19	59.4 bp −$594	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.62 bp	20.7 bp −$21	140.4 bp −$1,404	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	0.009310	−0.002%	$4.5M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009280	−0.322%	$186K	$60K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009300	−0.107%	$1.5M	$243K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009290	−0.215%	$271K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009290	−0.214%	$140K	$3.0M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009260	−0.537%	$16K	$257K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009300	−0.109%	$2K	$314K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0179%	4h	0.009325	+0.161%	$983K	$1.1M	20x	as long as short
Bybit SAHARAUSDTshort	+0.0362%	4h	0.009324	+0.150%	$1.9M	$1.3M	20x
Aster SAHARAUSDT	+0.0603%	4h	0.009313	+0.032%	$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	+0.0665%	4h	0.009269	−0.441%	$21K	$12K	—	as long as short
BingX SAHARA-USDTlong	+0.0816%	4h	0.009310	long leg	—	$2.3M	—
Bitget SAHARAUSDT	+0.0862%	4h	0.009290	−0.215%	$1.2M	$384K	25x	as long as short