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

SAGA

all SAGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.081%
Price spread now: Extended against KuCoin+0.042%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3213.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.042%, 7d avg +0.060%
Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SAGAUSDTM0.041850.0100pay 0.0050% / 4h2h 13m$830K$2.5M20x
ShortExtended SAGA-USD0.041870.0104get 0.0013% / 1h13m 04s$4K$192K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$0.84
Price spread: +0.042% → +0.060%
−$1.74
Slippage, 4 orders
−$304.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$322.32
Costs to cover
3.214%
Break-even
2693.0 days
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 33 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 KuCoin live order book, 4 min ago19.12 bp117.5 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 33 min ago6.67 bp49.5 bp −$50370.7 bp −$3,707doesn'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−0.0037%1h0.04179−0.143%$2.3M$258K3xas long as short
Kraken Futures PF_SAGAUSD+0.0092%1h0.04181−0.085%$78K$615K20xas long as short
Aster SAGAUSDT+0.0100%4h0.04193+0.190%$71K$727K5xas long as short
Binance SAGAUSDT+0.0100%4h0.04199+0.335%$20.8M$97.4M20xas long as short
Gate SAGA_USDT+0.0100%4h0.04200+0.358%$6.3M$7.7M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.04190+0.119%$3.0M$4.2M50xas long as short
KuCoin SAGAUSDTMlong+0.0100%4h0.04185long leg$830K$2.5M20x
Extended SAGA-USDshort+0.0104%1h0.04187+0.042%$4K$192K5x
BloFin SAGA-USDT+0.0154%4h0.04183−0.048%$1.1M$212K20xas long as short
Coinbase International SAGA-PERP-INTX+0.0176%1h0.04180−0.119%$46K$401K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SAGAUSDT+0.0236%4h0.04202+0.406%$4.1M$14.4M20xas long as short
BingX SAGA-USDT+0.0326%4h0.04194+0.215%$1.9Mas long as short
Variational Omni SAGA+0.0474%4h0.04187+0.052%$6K$46Kas long as short
Deribit SAGA_USDC-PERPETUAL+0.0944%1h0.04193+0.191%$3K10xas long as short