Funding you earn now, next payment 23:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h +0.120%
Price spread now: Extended against Kraken Futures+0.066%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2462.463% of the position
Funding, last 7 days+1.905%+$190 on $10k
+Price spread, last 3 days (all we have)+0.917%+$92 · spread now +0.066%, 7d avg +0.145%
=Together, before fees+2.821%+ Points / potential airdropExtended: Active · farm board+$282 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.078% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.145%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.905%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SAGAUSD | 0.03856 | 0.0186 | pay 0.0023% / 1h | 29m 17s | $70K | $728K | 20x |
| Short | Extended SAGA-USD | 0.03859 | 0.0104 | get 0.0013% / 1h | 29m 17s | $3K | $159K | 5x |
Kraken Futures PF_SAGAUSD
Extended SAGA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$17.28
- Price spread: +0.066% → +0.145%
- −$7.81
- Slippage, 4 orders
- −$231.33
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$271.42
- Costs to cover
- 2.463%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; Extended: live order book, 52 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 Kraken Futures live order book, 54 min ago | 49.61 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 52 min ago | 7.12 bp | 49.5 bp −$50 | 363.0 bp −$3,630 | 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 | 0.03841 | −0.389% | $49K | $435K | 25x | as long as short |
| Hyperliquid SAGA | +0.0100% | 1h | 0.03857 | +0.026% | $2.1M | $341K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03872 | +0.424% | $74K | $939K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03860 | +0.109% | $19.1M | $141.1M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03860 | +0.103% | $3.7M | $19.4M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03873 | +0.440% | $5.9M | $9.3M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03854 | −0.052% | $2.6M | $6.5M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03875 | +0.492% | $875K | $3.1M | 20x | as long as short |
| BingX SAGA-USDT | +0.0100% | 4h | 0.03863 | +0.181% | — | $2.2M | — | as long as short |
| Variational Omni SAGA | +0.0100% | 4h | 0.03869 | +0.349% | $6K | $112K | — | as long as short |
Coinbase International SAGA-PERP-INTX
Hyperliquid SAGA
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
BingX SAGA-USDT
Variational Omni SAGAShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAGA-USDT | +0.0104% | 4h | 0.03857 | +0.026% | $980K | $447K | 20x | as long as short |
| Extended SAGA-USDshort | +0.0104% | 1h | 0.03859 | +0.066% | $3K | $159K | 5x | |
| Kraken Futures PF_SAGAUSDlong | +0.0186% | 1h | 0.03856 | long leg | $70K | $728K | 20x | |
| Deribit SAGA_USDC-PERPETUAL | +0.0788% | 1h | 0.03858 | +0.051% | $3K | $28 | 10x | as long as short |
BloFin SAGA-USDT
Deribit SAGA_USDC-PERPETUAL