SAHARA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0209%/8h= −22.9% APRnext payment −$1.05 per $10,000 · paid last 24h −0.059%

Price spread now: MEXC against Bybit−0.011%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$610.614% 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 −0.011%, 7d avg −0.066%

Together, before fees−0.065%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.055% dearer against Bybit than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.066%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.059% in total) that is about 6.5 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 −$1.05 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	0.009268	0.0309	pay 0.0155% / 4h	2h 26m	$1.9M	$1.3M	20x
Short	MEXC SAHARA_USDT	0.009267	0.0100	get 0.0050% / 4h	2h 26m	$1.5M	$243K	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 −0.011%Rate

Funding earned: −$43.94
Price spread: −0.011% → −0.066%: $5.48
Slippage, 4 orders: −$46.41
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$99.87
Costs to cover: 0.614%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 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, 5 min ago	3.76 bp	19.3 bp −$19	139.2 bp −$1,392	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.08 bp	10.1 bp −$10	45.0 bp −$450	208.1 bp −$20.8K	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	0.009263	−0.054%	$4.4M	$4.9M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009260	−0.086%	$186K	$60K	25x	as long as short
MEXC SAHARA_USDTshort	+0.0100%	4h	0.009267	−0.011%	$1.5M	$243K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009260	−0.086%	$270K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009309	+0.447%	$140K	$3.0M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009300	+0.345%	$16K	$258K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009262	−0.069%	$2K	$314K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0176%	4h	0.009270	+0.022%	$978K	$1.1M	20x	as long as short
Bybit SAHARAUSDTlong	+0.0309%	4h	0.009268	long leg	$1.9M	$1.3M	20x
Aster SAHARAUSDT	+0.0599%	4h	0.009271	+0.029%	$61K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAHARA	+0.0717%	4h	0.009306	+0.411%	$21K	$12K	—	as long as short
BingX SAHARA-USDT	+0.0818%	4h	0.009272	+0.043%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0840%	4h	0.009286	+0.194%	$1.2M	$387K	25x	as long as short