Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.37 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Bybit−0.064%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.064%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.036% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAHARAUSDT | 0.009387 | 0.0928 | pay 0.0464% / 4h | 3h 01m | $1.9M | $1.2M | 20x |
| Short | BingX SAHARA-USDT | 0.009381 | 0.0854 | get 0.0427% / 4h | 3h 01m | — | $2.3M | — |
Bybit SAHARAUSDT
BingX SAHARA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$15.49
- Price spread: −0.064% → −0.028%
- −$3.61
- Slippage, 4 orders
- −$60.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$101
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 1 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, 5 min ago | 3.71 bp | 15.5 bp −$16 | 136.9 bp −$1,369 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.73 bp | 21.3 bp −$21 | 71.8 bp −$718 | 1063.1 bp −$106.3K | 1383.5 bp −$691.8K |
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 | 0.009380 | −0.069% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009380 | −0.075% | $196K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009378 | −0.096% | $1.5M | $230K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009380 | −0.075% | $274K | $51K | 25x | as long as short |
| GRVT SAHARA_USDT_Perp | +0.0100% | 4h | 0.009436 | +0.520% | $143K | $2.4M | 10x | as long as short |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009420 | +0.352% | $21K | $257K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009377 | −0.108% | $2K | $219K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0108% | 4h | 0.009393 | +0.064% | $978K | $1.0M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0345% | 4h | 0.009381 | −0.065% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0388% | 4h | 0.009398 | +0.117% | $1.2M | $395K | 25x | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
GRVT SAHARA_USDT_Perp
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Aster SAHARAUSDT
Bitget SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0587% | 4h | 0.009431 | +0.466% | $22K | $12K | — | as long as short |
| BingX SAHARA-USDTshort | +0.0854% | 4h | 0.009381 | −0.064% | — | $2.3M | — | |
| Bybit SAHARAUSDTlong | +0.0928% | 4h | 0.009387 | long leg | $1.9M | $1.2M | 20x |
Variational Omni SAHARA