Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Bybit against MEXC+0.021%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.773% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.021%, 7d avg +0.061%

Together, before fees−0.021%−$2 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 0.040% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SAHARA_USDT	0.009438	0.0100	pay 0.0050% / 4h	3h 30m	$1.4M	$184K	20x
Short	Bybit SAHARAUSDT	0.009440	0.0100	get 0.0050% / 4h	3h 30m	$1.8M	$1.2M	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 +0.021%Rate

Funding earned: $0
Price spread: +0.021% → +0.061%: −$4.03
Slippage, 4 orders: −$62.28
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$81.3
Costs to cover: 0.773%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bybit: 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 MEXC live order book, 1 min ago	1.06 bp	17.6 bp −$18	53.4 bp −$534	204.4 bp −$20.4K	doesn't fit
Sell Bybit live order book, 1 min ago	4.76 bp	23.5 bp −$24	170.8 bp −$1,708	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	0.009440	+0.022%	$4.4M	$4.9M	25x	as long as short
Bybit SAHARAUSDTshort	+0.0100%	4h	0.009440	+0.021%	$1.8M	$1.2M	20x
OKX SAHARA-USDT-SWAP	+0.0100%	4h	0.009452	+0.148%	$978K	$1.1M	20x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009440	+0.021%	$212K	$51K	25x	as long as short
MEXC SAHARA_USDTlong	+0.0100%	4h	0.009438	long leg	$1.4M	$184K	20x
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009440	+0.021%	$274K	$51K	25x	as long as short
GRVT SAHARA_USDT_Perp	+0.0100%	4h	0.009431	−0.075%	$145K	$2.3M	10x	as long as short
ApeX Omni SAHARAUSDT	+0.0100%	1h	0.009420	−0.191%	$27K	$245K	50x	as long as short
Extended SAHARA-USD	+0.0104%	1h	0.009440	+0.020%	$2K	$216K	5x	as long as short
Aster SAHARAUSDT	+0.0117%	4h	0.009432	−0.061%	$62K	$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	+0.0230%	4h	0.009437	−0.014%	$22K	$14K	—	as long as short
BingX SAHARA-USDT	+0.0514%	4h	0.009442	+0.042%	—	$2.3M	—	as long as short
Bitget SAHARAUSDT	+0.0546%	4h	0.009455	+0.180%	$1.2M	$385K	25x	as long as short