Funding you earn now, next payment 11:00 UTC−0.0952%/8h= −104.2% APRpaid last 24h −0.003%
Price spread now: Kraken Futures against KuCoin−0.093%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2042.043% of the position
Funding, last 7 days−2.074%−$207 on $10k
+Price spread, last 4 days (all we have)−0.763%−$76 · spread now −0.093%, 7d avg −0.087%
=The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAGAUSDTM | 0.03939 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $763K | $2.3M | 20x |
| Short | Kraken Futures PF_SAGAUSD | 0.03935 | −0.0852 | pay 0.0106% / 1h | 7m 26s | $73K | $467K | 20x |
KuCoin SAGAUSDTM
Kraken Futures PF_SAGAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$199.9
- Price spread: −0.093% → −0.087%
- −$0.59
- Slippage, 4 orders
- −$182.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$404.76
- Costs to cover
- 2.043%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Kraken Futures: live order book, 38 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 KuCoin live order book, 2 min ago | 7.64 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 38 min ago | 28.20 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
SAGA on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSDshort | −0.0852% | 1h | 0.03935 | −0.093% | $73K | $467K | 20x | |
| BloFin SAGA-USDT | +0.0064% | 4h | 0.03928 | −0.279% | $984K | $255K | 20x | as long as short |
| Hyperliquid SAGA | +0.0100% | 1h | 0.03932 | −0.178% | $2.1M | $199K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03936 | −0.074% | $60K | $552K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03938 | −0.025% | $19.0M | $85.2M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03939 | −0.003% | $3.7M | $14.4M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03938 | −0.025% | $2.7M | $4.1M | 50x | as long as short |
| KuCoin SAGAUSDTMlong | +0.0100% | 4h | 0.03939 | long leg | $763K | $2.3M | 20x | |
| BingX SAGA-USDT | +0.0100% | 4h | 0.03940 | +0.025% | — | $1.9M | — | as long as short |
| Variational Omni SAGA | +0.0100% | 4h | 0.03954 | +0.370% | $4K | $24K | — | as long as short |
BloFin SAGA-USDT
Hyperliquid SAGA
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
MEXC SAGA_USDT
BingX SAGA-USDT
Variational Omni SAGAShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAGA-USD | +0.0104% | 1h | 0.03937 | −0.057% | $306 | $183K | 5x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.0296% | 1h | 0.03861 | −1.980% | $38K | $318K | 25x | as long as short |
| Gate SAGA_USDT | +0.0512% | 4h | 0.03953 | +0.355% | $6.0M | $6.8M | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1022% | 1h | 0.03937 | −0.051% | $3K | $124 | 10x | as long as short |
Extended SAGA-USD
Coinbase International SAGA-PERP-INTX
Gate SAGA_USDT
Deribit SAGA_USDC-PERPETUAL