Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.068%

Price spread now: Bybit against MEXC+0.011%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.011%, 7d avg +0.067%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SAHARA_USDT	0.009461	0.0100	pay 0.0050% / 4h	9m 48s	$1.6M	$262K	20x
Short	Bybit SAHARAUSDT	0.009462	0.0100	get 0.0050% / 4h	9m 48s	$1.9M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.067%: −$5.62
Slippage, 4 orders: −$50.69
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$71.31
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bybit: 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 MEXC live order book, 5 min ago	0.53 bp	10.0 bp −$10	42.6 bp −$426	223.2 bp −$22.3K	doesn't fit
Sell Bybit live order book, 5 min ago	2.12 bp	22.4 bp −$22	147.2 bp −$1,472	doesn't fit	doesn't fit

SAHARA on 13 exchanges

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	0.009463	+0.021%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDTshort	+0.0100%	4h	0.009462	+0.011%	$1.9M	$1.4M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009467	+0.063%	$1.0M	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009450	−0.116%	$193K	$56K	25x	as long as short
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009461	long leg	$1.6M	$262K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009450	−0.116%	$350K	$58K	25x	as long as short
Variational Omni SAHARA	+0.0100%	4h	0.009445	−0.170%	$22K	$909	—	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009447	−0.149%	$140K	$3.9M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009440	−0.222%	$21K	$255K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009455	−0.065%	$4K	$198K	5x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAHARAUSDT	+0.0377%	4h	0.009450	−0.116%	$62K	$7K	5x	as long as short
BingX SAHARA-USDT	+0.0556%	4h	0.009458	−0.032%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0592%	4h	0.009476	+0.159%	$1.3M	$360K	25x	as long as short