SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$1.16 per $10,000 · paid last 24h −0.059%

Price spread now: MEXC against Bybit−0.032%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$710.706% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.032%, 7d avg −0.066%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.034% dearer against Bybit than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.066%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.059% in total) that is about 4.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.16 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	Bybit SAHARAUSDT	0.009385	0.0332	pay 0.0166% / 4h	21m 32s	$1.9M	$1.4M	20x
Short	MEXC SAHARA_USDT	0.009382	0.0100	get 0.0050% / 4h	21m 32s	$1.5M	$237K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee MEXCbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$48.66
Price spread: −0.032% → −0.066%: $3.44
Slippage, 4 orders: −$55.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$115.8
Costs to cover: 0.706%
Break-even: never at this rate

Slippage from Bybit: live order book, 10 min ago; MEXC: live order book, 5 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 Bybit live order book, 10 min ago	6.40 bp	24.6 bp −$25	141.6 bp −$1,416	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.53 bp	8.6 bp −$9	33.0 bp −$330	231.8 bp −$23.2K	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	0.009383	−0.023%	$4.5M	$4.8M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009370	−0.160%	$187K	$61K	25x	as long as short
MEXC SAHARA_USDTshort	+0.0100%	4h	0.009382	−0.032%	$1.5M	$237K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009370	−0.160%	$276K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009368	−0.181%	$143K	$3.3M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009370	−0.160%	$20K	$254K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009379	−0.068%	$3K	$202K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0111%	4h	0.009382	−0.032%	$994K	$1.1M	20x	as long as short
Bybit SAHARAUSDTlong	+0.0332%	4h	0.009385	long leg	$1.9M	$1.4M	20x
Variational Omni SAHARA	+0.0432%	4h	0.009367	−0.194%	$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	+0.0630%	4h	0.009383	−0.021%	$61K	$19K	5x	as long as short
BingX SAHARA-USDT	+0.0700%	4h	0.009382	−0.032%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0736%	4h	0.009371	−0.149%	$1.2M	$375K	25x	as long as short