Funding arb · Price arb /

SAGA

all SAGA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%

Price spread now: Aster against Variational Omni+2.853%7-day average +0.069% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−3.179%−$318 · spread now +2.853%, 7d avg +0.069%

Together, before fees−3.146%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$315 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 2.783% dearer against Variational Omni than usual: you sell high and buy low, +$278 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SAGA	0.03827	0.0100	pay 0.0050% / 4h	1h 49m	$6K	$112K	—
Short	Aster SAGAUSDT	0.03936	0.0100	get 0.0050% / 4h	1h 49m	$71K	$974K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersPrice spread, now +2.853%Rate

Funding earned: $0
Price spread: +2.853% → +0.069%: $278.3
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $270.3
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 34 min ago; Aster: live order book, 28 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 34 min ago	5.01 bp	doesn't fit	132.8 bp −$1,328	doesn't fit	doesn't fit
Sell Aster live order book, 28 min ago	17.87 bp	35.2 bp −$35	264.3 bp −$2,643	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	0.03954	+3.321%	$50K	$448K	25x	as long as short
BloFin SAGA-USDT	+0.0042%	4h	0.03826	−0.024%	$981K	$463K	20x	as long as short
Hyperliquid SAGA	+0.0100%	1h	0.03913	+2.249%	$2.2M	$344K	3x	as long as short
Aster SAGAUSDTshort	+0.0100%	4h	0.03936	+2.853%	$71K	$974K	5x
Binance SAGAUSDT	+0.0100%	4h	0.03928	+2.652%	$19.5M	$143.0M	20x	as long as short
Bybit SAGAUSDT	+0.0100%	4h	0.03922	+2.487%	$3.8M	$19.9M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.03943	+3.033%	$6.1M	$9.3M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.03934	+2.798%	$2.7M	$6.5M	50x	as long as short
KuCoin SAGAUSDTM	+0.0100%	4h	0.03935	+2.824%	$879K	$3.1M	20x	as long as short
BingX SAGA-USDT	+0.0100%	4h	0.03920	+2.432%	—	$2.2M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAGAlong	+0.0100%	4h	0.03827	long leg	$6K	$112K	—
Extended SAGA-USD	+0.0104%	1h	0.03930	+2.702%	$3K	$159K	5x	as long as short
Kraken Futures PF_SAGAUSD	+0.0183%	1h	0.03916	+2.322%	$72K	$728K	20x	as long as short
Deribit SAGA_USDC-PERPETUAL	+0.0771%	1h	0.03922	+2.484%	$3K	$28	10x	as long as short