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+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Extended against MEXC+0.026%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.253%+$25 · spread now +0.026%, 7d avg +0.027%
Together, before fees+0.264%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SAGA_USDT0.039120.0100pay 0.0050% / 4h45m 31s$2.5M$4.5M50x
ShortExtended SAGA-USD0.039130.0104get 0.0013% / 1h45m 31s$2K$129K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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: +0.026% → +0.027%
−$0.04
Slippage, 4 orders
−$121.63
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$129.83
Costs to cover
1.306%
Break-even
1088.9 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 10 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 MEXC live order book, 2 min ago1.27 bp23.8 bp −$24118.8 bp −$1,188731.1 bp −$73.1Kdoesn't fit
Sell Extended live order book, 10 min ago7.43 bp40.0 bp −$40330.3 bp −$3,303doesn'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
Kraken Futures PF_SAGAUSD−0.0263%1h0.03911−0.031%$69K$646K20xas long as short
Coinbase International SAGA-PERP-INTX+0.0080%1h0.03914+0.051%$45K$380K25xas long as short
BloFin SAGA-USDT+0.0082%4h0.039120.000%$994K$214K20xas long as short
Hyperliquid SAGA+0.0100%1h0.03884−0.716%$2.1M$267K3xas long as short
Aster SAGAUSDT+0.0100%4h0.03909−0.080%$70K$789K5xas long as short
Binance SAGAUSDT+0.0100%4h0.03911−0.026%$19.3M$102.6M20xas long as short
Gate SAGA_USDT+0.0100%4h0.03916+0.102%$6.0M$7.8M20xas long as short
MEXC SAGA_USDTlong+0.0100%4h0.03912long leg$2.5M$4.5M50x
KuCoin SAGAUSDTM+0.0100%4h0.03913+0.026%$774K$2.6M20xas long as short
Extended SAGA-USDshort+0.0104%1h0.03913+0.026%$2K$129K5x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SAGA-USDT+0.0144%4h0.03914+0.051%$2.0Mas long as short
Bybit SAGAUSDT+0.0214%4h0.03912−0.003%$3.8M$14.4M20xas long as short
Variational Omni SAGA+0.0262%4h0.03919+0.185%$4K$51Kas long as short
Deribit SAGA_USDC-PERPETUAL+0.1539%1h0.03920+0.204%$3K$2810xas long as short