SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.033%

Price spread now: Bybit against BingX+0.097%7-day average +0.027% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.097%, 7d avg +0.027%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.070% dearer against BingX than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.027%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.033% in total) that is about 15 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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	0.009318	0.0558	pay 0.0279% / 4h	3h 32m	—	$2.3M	—
Short	Bybit SAHARAUSDT	0.009327	0.0100	get 0.0050% / 4h	3h 32m	$2.0M	$1.4M	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

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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 BingXbpFee BybitbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$96.18
Price spread: +0.097% → +0.027%: $7
Slippage, 4 orders: −$51.74
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$161.92
Costs to cover: 0.727%
Break-even: never at this rate

Slippage from BingX: live order book, 15 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, 15 min ago	3.20 bp	13.4 bp −$13	49.4 bp −$494	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.21 bp	15.3 bp −$15	111.5 bp −$1,115	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	0.009323	+0.054%	$4.5M	$4.8M	25x	as long as short
Bybit SAHARAUSDTshort	+0.0100%	4h	0.009327	+0.097%	$2.0M	$1.4M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009322	+0.043%	$995K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009310	−0.086%	$187K	$62K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009323	+0.054%	$1.5M	$225K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009310	−0.086%	$275K	$48K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009341	+0.249%	$140K	$3.4M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009350	+0.343%	$20K	$251K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009320	+0.024%	$3K	$202K	5x	as long as short
Variational Omni SAHARA	+0.0210%	4h	0.009340	+0.236%	$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	+0.0533%	4h	0.009325	+0.078%	$61K	$18K	5x	as long as short
Bitget SAHARAUSDT	+0.0556%	4h	0.009336	+0.193%	$1.2M	$364K	25x	as long as short
BingX SAHARA-USDTlong	+0.0558%	4h	0.009318	long leg	—	$2.3M	—