Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.249%
Price spread now: Hyperliquid against BingX−0.205%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days−0.934%−$93 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now −0.205%, 7d avg −0.195%
=Together, before fees−0.799%+ Points / potential airdropHyperliquid: Season 2 · farm board−$80 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAGA-USDT | 0.03898 | 0.0100 | pay 0.0050% / 4h | 1h 15m | — | $2.2M | — |
| Short | Hyperliquid SAGA | 0.03890 | 0.0100 | get 0.0013% / 1h | 15m 12s | $2.2M | $341K | 3x |
BingX SAGA-USDT
Hyperliquid SAGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.205% → −0.195%
- −$0.99
- Slippage, 4 orders
- −$89.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$109.13
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Hyperliquid: live order book, 6 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, 8 min ago | 2.55 bp | 26.6 bp −$27 | 82.8 bp −$828 | 551.3 bp −$55.1K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.27 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
SAGA on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | −0.0168% | 1h | 0.03881 | −0.436% | $49K | $437K | 25x | as long as short |
| Hyperliquid SAGAshort | +0.0100% | 1h | 0.03890 | −0.205% | $2.2M | $341K | 3x | |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03895 | −0.077% | $74K | $935K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03898 | −0.004% | $19.3M | $139.7M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03901 | +0.067% | $3.7M | $19.2M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03911 | +0.334% | $6.0M | $9.3M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03895 | −0.077% | $2.6M | $6.5M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03897 | −0.026% | $819K | $3.1M | 20x | as long as short |
| BingX SAGA-USDTlong | +0.0100% | 4h | 0.03898 | long leg | — | $2.2M | — | |
| Variational Omni SAGA | +0.0100% | 4h | 0.03906 | +0.202% | $6K | $112K | — | as long as short |
Coinbase International SAGA-PERP-INTX
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Variational Omni SAGAShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAGA-USD | +0.0104% | 1h | 0.03897 | −0.020% | $3K | $159K | 5x | as long as short |
| BloFin SAGA-USDT | +0.0136% | 4h | 0.03893 | −0.128% | $979K | $450K | 20x | as long as short |
| Kraken Futures PF_SAGAUSD | +0.0185% | 1h | 0.03891 | −0.167% | $71K | $727K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1292% | 1h | 0.03898 | 0.000% | $3K | $28 | 10x | as long as short |
Extended SAGA-USD
BloFin SAGA-USDT
Kraken Futures PF_SAGAUSD
Deribit SAGA_USDC-PERPETUAL