Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.099%
Price spread now: Gate against BingX+0.278%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2272.265% of the position
Funding, last 7 days+0.809%+$81 on $10k
+Price spread, last 7 days−0.277%−$28 · spread now +0.278%, 7d avg +0.152%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.126% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.152%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAGA-USDT | 0.03956 | 0.0100 | pay 0.0050% / 4h | 2h 09m | — | $2.0M | — |
| Short | Gate SAGA_USDT | 0.03967 | 0.0100 | get 0.0050% / 4h | 2h 09m | $6.1M | $8.3M | 20x |
BingX SAGA-USDT
Gate SAGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $0
- Price spread: +0.278% → +0.152%
- $12.62
- Slippage, 4 orders
- −$201.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$213.9
- Costs to cover
- 2.265%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: 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, 9 min ago | 3.82 bp | 19.9 bp −$20 | 53.2 bp −$532 | 542.9 bp −$54.3K | doesn't fit |
| Sell Gate live order book, 4 min ago | 8.83 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
SAGA 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.0969% | 1h | 0.03917 | −0.986% | $2.2M | $280K | 3x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.0038% | 1h | 0.03950 | −0.163% | $70K | $650K | 20x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03951 | −0.132% | $70K | $834K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03951 | −0.126% | $19.6M | $111.0M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03948 | −0.207% | $3.9M | $15.2M | 20x | as long as short |
| Gate SAGA_USDTshort | +0.0100% | 4h | 0.03967 | +0.278% | $6.1M | $8.3M | 20x | |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03952 | −0.101% | $2.7M | $5.4M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03952 | −0.101% | $782K | $2.8M | 20x | as long as short |
| BingX SAGA-USDTlong | +0.0100% | 4h | 0.03956 | long leg | — | $2.0M | — | |
| Extended SAGA-USD | +0.0104% | 1h | 0.03952 | −0.101% | $5K | $133K | 5x | as long as short |
Hyperliquid SAGA
Kraken Futures PF_SAGAUSD
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Extended SAGA-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | +0.0104% | 1h | 0.03943 | −0.329% | $46K | $400K | 25x | as long as short |
| Variational Omni SAGA | +0.0132% | 4h | 0.03956 | +0.001% | $4K | $55K | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1271% | 1h | 0.03952 | −0.101% | $3K | $28 | 10x | as long as short |
Coinbase International SAGA-PERP-INTX
Variational Omni SAGA
Deribit SAGA_USDC-PERPETUAL