Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.048%
Price spread now: Bybit against Extended+0.046%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1931.934% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.046%, 7d avg +0.034%
=Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAGA-USD | 0.04016 | 0.0104 | pay 0.0013% / 1h | 37m 38s | $3K | $159K | 5x |
| Short | Bybit SAGAUSDT | 0.04017 | 0.0100 | get 0.0050% / 4h | 2h 37m | $3.9M | $20.8M | 20x |
Extended SAGA-USD
Bybit SAGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.046% → +0.034%
- $1.27
- Slippage, 4 orders
- −$177.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$192.95
- Costs to cover
- 1.934%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; Bybit: live order book, 1 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 Extended live order book, 48 min ago | 6.45 bp | 44.9 bp −$45 | 304.8 bp −$3,048 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.85 bp | 44.0 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.1116% | 1h | 0.04002 | −0.337% | $2.2M | $344K | 3x | as long as short |
| Coinbase International SAGA-PERP-INTX | −0.0288% | 1h | 0.04021 | +0.136% | $52K | $452K | 25x | as long as short |
| BloFin SAGA-USDT | +0.0044% | 4h | 0.04029 | +0.335% | $1.0M | $532K | 20x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.04019 | +0.083% | $68K | $982K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.04017 | +0.036% | $20.1M | $148.2M | 20x | as long as short |
| Bybit SAGAUSDTshort | +0.0100% | 4h | 0.04017 | +0.046% | $3.9M | $20.8M | 20x | |
| Gate SAGA_USDT | +0.0100% | 4h | 0.04029 | +0.335% | $6.2M | $9.4M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.04016 | +0.011% | $2.9M | $6.7M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.04012 | −0.088% | $916K | $3.2M | 20x | as long as short |
| BingX SAGA-USDT | +0.0100% | 4h | 0.04016 | +0.011% | — | $2.3M | — | as long as short |
Hyperliquid SAGA
Coinbase International SAGA-PERP-INTX
BloFin SAGA-USDT
Aster SAGAUSDT
Binance SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
BingX SAGA-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAGA-USDlong | +0.0104% | 1h | 0.04016 | long leg | $3K | $159K | 5x | |
| Variational Omni SAGA | +0.0187% | 4h | 0.03989 | −0.667% | $6K | $113K | — | as long as short |
| Kraken Futures PF_SAGAUSD | +0.0921% | 1h | 0.04030 | +0.367% | $82K | $724K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.0992% | 1h | 0.04031 | +0.385% | $3K | $28 | 10x | as long as short |
Variational Omni SAGA
Kraken Futures PF_SAGAUSD
Deribit SAGA_USDC-PERPETUAL