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

SAGA

all SAGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.18 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BloFin+0.393%102s7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.754%+$75 · spread now +0.393%, 7d avg +0.079%
Together, before fees+0.796%+ Points / potential airdropAster: Stage 5 · farm board+$80 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.314% dearer against BloFin than usual: you sell high and buy low (spread +0.393% now, against its 7-day average of +0.079%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAGA-USDT0.039530.0136pay 0.0068% / 4h3h 11m$1.0M$212K20x
ShortAster SAGAUSDT0.039690.0100get 0.0050% / 4h3h 11m$69K$757K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Funding earned
−$7.56
Price spread: +0.393% → +0.079%
$31.39
Slippage, 4 orders
−$108.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$104.18
Costs to cover
1.280%
Break-even
never at this rate
Slippage from BloFin: live order book, just now; Aster: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, just now1.26 bp26.8 bp −$27114.8 bp −$1,148doesn't fitdoesn't fit
Sell Aster live order book, 36 min ago21.20 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit

SAGA on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SAGAUSD−0.0701%1h0.03967+0.349%$74K$634K20xas long as short
Hyperliquid SAGA+0.0100%1h0.03958+0.126%$2.2M$254K3xas long as short
Aster SAGAUSDTshort+0.0100%4h0.03969+0.393%$69K$757K5x
Binance SAGAUSDT+0.0100%4h0.03964+0.266%$19.5M$98.2M20xas long as short
Gate SAGA_USDT+0.0100%4h0.03981+0.708%$6.0M$7.7M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.03962+0.228%$2.6M$4.2M50xas long as short
KuCoin SAGAUSDTM+0.0100%4h0.03968+0.379%$765K$2.6M20xas long as short
Extended SAGA-USD+0.0104%1h0.03965+0.300%$4K$201K5xas long as short
BloFin SAGA-USDTlong+0.0136%4h0.03953long leg$1.0M$212K20x
Coinbase International SAGA-PERP-INTX+0.0248%1h0.03965+0.304%$44K$380K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAGA+0.0529%4h0.03963+0.251%$4K$45Kas long as short
BingX SAGA-USDT+0.0878%4h0.03973+0.506%$2.0Mas long as short
Bybit SAGAUSDT+0.0897%4h0.03966+0.324%$3.9M$14.3M20xas long as short
Deribit SAGA_USDC-PERPETUAL+0.1263%1h0.03971+0.455%$3K$2810xas long as short