Funding you earn now, next payment 08:00 UTC−0.0730%/8h= −79.9% APRnext payment −$3.65 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BingX−0.011%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.011%, 7d avg −0.038%
=The price spread pays, funding is against you. MEXC is 0.028% dearer against BingX than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.038%): +$3 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.072% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.65 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 | 0.009408 | 0.0830 | pay 0.0415% / 4h | 3h 51m | — | $2.3M | — |
| Short | MEXC SAHARA_USDT | 0.009407 | 0.0100 | get 0.0050% / 4h | 3h 51m | $1.5M | $236K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$153.3
- Price spread: −0.011% → −0.038%
- $2.78
- Slippage, 4 orders
- −$41.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$206.46
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: 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, 6 min ago | 4.26 bp | 20.8 bp −$21 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.07 bp | 9.8 bp −$10 | 34.3 bp −$343 | 233.2 bp −$23.3K | 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 | 0.009404 | −0.043% | $4.5M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009400 | −0.085% | $192K | $57K | 25x | as long as short |
| MEXC SAHARA_USDTshort | +0.0100% | 4h | 0.009407 | −0.011% | $1.5M | $236K | 20x | |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009390 | −0.191% | $275K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009380 | −0.298% | $140K | $2.7M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009380 | −0.298% | $16K | $259K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009401 | −0.070% | $220 | $220K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0477% | 4h | 0.009411 | +0.032% | $975K | $1.1M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0673% | 4h | 0.009397 | −0.117% | $62K | $18K | 5x | as long as short |
| BingX SAHARA-USDTlong | +0.0830% | 4h | 0.009408 | long leg | — | $2.3M | — |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAHARAUSDT | +0.0906% | 4h | 0.009429 | +0.223% | $1.3M | $392K | 25x | as long as short |
| Variational Omni SAHARA | +0.0924% | 4h | 0.009380 | −0.299% | $22K | $12K | — | as long as short |
| Bybit SAHARAUSDT | +0.1829% | 4h | 0.009409 | +0.011% | $2.0M | $1.3M | 20x | as long as short |
BingX SAHARA-USDT
MEXC SAHARA_USDT
Binance SAHARAUSDT
Gate SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Aster SAHARAUSDT
Bitget SAHARAUSDT
Variational Omni SAHARA
Bybit SAHARAUSDT