Funding you earn now, next payment 04:00 UTC−0.0444%/8h= −48.6% APRnext payment −$2.22 per $10,000 · paid last 24h −0.018%
Price spread now: Variational Omni against BingX+0.421%7-day average −0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.421%, 7d avg −0.126%
=Together, before fees−0.129%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.547% dearer against BingX than usual: you sell high and buy low (spread +0.421% now, against its 7-day average of −0.126%): +$55 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 3 days (−0.039% in total) that is about 48 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.22 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 | BingX SAGA-USDT | 0.03896 | 0.0602 | pay 0.0301% / 4h | 3h 18m | — | $2.1M | — |
| Short | Variational Omni SAGA | 0.03912 | 0.0158 | get 0.0079% / 4h | 3h 18m | $4K | $91K | — |
BingX SAGA-USDT
Variational Omni SAGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$93.14
- Price spread: +0.421% → −0.126%
- $54.75
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$48.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 14 min ago; Variational Omni: RFQ quote, 55 min ago. Net counts fees only.
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, 14 min ago | 2.54 bp | 26.8 bp −$27 | 110.6 bp −$1,106 | 709.7 bp −$71.0K | doesn't fit |
| Sell Variational Omni RFQ quote, 55 min ago | 3.82 bp | doesn't fit | 121.0 bp −$1,210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | −0.0697% | 1h | 0.03888 | −0.205% | $69K | $682K | 20x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.0088% | 1h | 0.03881 | −0.385% | $46K | $423K | 25x | as long as short |
| Hyperliquid SAGA | +0.0100% | 1h | 0.03876 | −0.513% | $2.1M | $315K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03893 | −0.073% | $70K | $878K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03894 | −0.051% | $19.3M | $123.7M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03911 | +0.385% | $6.0M | $8.6M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03891 | −0.128% | $2.6M | $6.0M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03898 | +0.051% | $771K | $2.9M | 20x | as long as short |
| Extended SAGA-USD | +0.0104% | 1h | 0.03898 | +0.051% | $2K | $134K | 5x | as long as short |
| BloFin SAGA-USDT | +0.0126% | 4h | 0.03883 | −0.334% | $987K | $339K | 20x | as long as short |
Kraken Futures PF_SAGAUSD
Coinbase International SAGA-PERP-INTX
Hyperliquid SAGA
Aster SAGAUSDT
Binance SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Extended SAGA-USD
BloFin SAGA-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAGAshort | +0.0158% | 4h | 0.03912 | +0.421% | $4K | $91K | — | |
| BingX SAGA-USDTlong | +0.0602% | 4h | 0.03896 | long leg | — | $2.1M | — | |
| Bybit SAGAUSDT | +0.0899% | 4h | 0.03896 | +0.008% | $3.8M | $16.7M | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1548% | 1h | 0.03901 | +0.128% | $3K | $28 | 10x | as long as short |
Bybit SAGAUSDT
Deribit SAGA_USDC-PERPETUAL