Settings8H · net · $10k
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Funding arb · Price arb / Crypto

SAGA

All SAGA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotSAGAUSDT
0.01615spotno funding——$968K1xBuy Binance Spot
SHORT
BinanceSAGAUSDT
0.01611+0.0100get 0.0050% / 4h3h 44m$3.2M$4.2M20xShort Binance
Price gap−0.248%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.177% under its 7d average: −$18 if it goes back, about 5.9 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price−$18spread −0.248% now, avg −0.071% → −0.177% if it goes back
Costs−$1341.335% of $10k · taker + slippage, in and out
Result−$130−1.30%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.248%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SAGA on 13 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size43.8 / 25.4 bp
    At $10k entering Binance Spot costs 43.8 bp, fee and slippage, 1.7× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; Binance runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.248% vs −0.071%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$3.2M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0100%/8h × 21 periods+$21.00
Price spread−0.248% → −0.071% (7d avg)−$17.71
Slippage, 4 orderslive order books−$103.51
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$130.22
Costs to cover1.335%Break-even50.4 days
Slippage: Binance Spot: live order book, 15 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot6.2743.8 bp−$442265.2 bp−$22.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.1325.4 bp−$25123.8 bp−$1,238doesn’t fitdoesn’t fit

Closing costs about the same again.

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