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

SAGA

all SAGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0129%/8h= +14.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.028%
Price spread now: Variational Omni against BloFin+0.505%7-day average −0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.505%, 7d avg −0.025%
Together, before fees+0.071%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.529% dearer against BloFin than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAGA-USDT0.039510.0135pay 0.0067% / 4h2h 50m$1.0M$317K20x
ShortVariational Omni SAGA0.039710.0264get 0.0132% / 4h2h 50m$4K$89K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$27.05
Price spread: +0.505% → −0.025%
$52.95
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$67.99
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 1 min ago; Variational Omni: RFQ quote, 83 min ago. Net counts fees only.

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, 1 min ago2.51 bp31.3 bp −$3169.3 bp −$693doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 83 min ago3.82 bpdoesn't fit121.0 bp −$1,210doesn'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
Hyperliquid SAGA−0.2281%1h0.03938−0.329%$2.2M$293K3xas long as short
Kraken Futures PF_SAGAUSD−0.0038%1h0.03971+0.505%$71K$669K20xas long as short
Aster SAGAUSDT+0.0100%4h0.03969+0.463%$71K$848K5xas long as short
Binance SAGAUSDT+0.0100%4h0.03973+0.557%$19.7M$118.4M20xas long as short
Gate SAGA_USDT+0.0100%4h0.03989+0.962%$6.1M$8.3M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.03971+0.506%$2.7M$5.4M50xas long as short
KuCoin SAGAUSDTM+0.0100%4h0.03972+0.532%$785K$2.9M20xas long as short
Extended SAGA-USD+0.0104%1h0.03972+0.533%$3K$134K5xas long as short
Coinbase International SAGA-PERP-INTX+0.0104%1h0.03980+0.734%$47K$430K25xas long as short
BloFin SAGA-USDTlong+0.0135%4h0.03951long leg$1.0M$317K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SAGAshort+0.0264%4h0.03971+0.505%$4K$89K
Bybit SAGAUSDT+0.0385%4h0.03974+0.585%$3.9M$16.1M20xas long as short
BingX SAGA-USDT+0.0394%4h0.03972+0.532%$2.1Mas long as short
Deribit SAGA_USDC-PERPETUAL+0.1262%1h0.03973+0.557%$3K$2810xas long as short