SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.43 per $10,000 · paid last 24h +0.018%

Price spread now: BingX against Variational Omni+1.059%7-day average +0.127% · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.039%+$4 on $10k

Price spread, last 3 days (all we have)−1.576%−$158 · spread now +1.059%, 7d avg +0.127%

Together, before fees−1.537%+ Points / potential airdropVariational Omni: Active · farm board−$154 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.932% dearer against Variational Omni than usual: you sell high and buy low (spread +1.059% now, against its 7-day average of +0.127%): +$93 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SAGA	0.03989	0.0187	pay 0.0093% / 4h	2h 39m	$6K	$113K	—
Short	BingX SAGA-USDT	0.04031	0.0100	get 0.0050% / 4h	2h 39m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpOrdersPrice spread, now +1.059%Rate

Funding earned: −$18.19
Price spread: +1.059% → +0.127%: $93.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $64.97
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 49 min ago; BingX: live order book, 9 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, 49 min ago	8.57 bp	doesn't fit	133.4 bp −$1,334	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	3.68 bp	20.9 bp −$21	73.5 bp −$735	538.4 bp −$53.8K	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
Hyperliquid SAGA	−0.1235%	1h	0.04006	+0.432%	$2.2M	$344K	3x	as long as short
Coinbase International SAGA-PERP-INTX	−0.0288%	1h	0.04021	+0.808%	$52K	$452K	25x	as long as short
BloFin SAGA-USDT	+0.0044%	4h	0.04029	+1.009%	$1.0M	$532K	20x	as long as short
Aster SAGAUSDT	+0.0100%	4h	0.04016	+0.690%	$68K	$982K	5x	as long as short
Binance SAGAUSDT	+0.0100%	4h	0.04029	+1.004%	$20.1M	$148.2M	20x	as long as short
Bybit SAGAUSDT	+0.0100%	4h	0.04037	+1.207%	$3.9M	$20.8M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.04022	+0.833%	$6.2M	$9.4M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.04025	+0.908%	$2.9M	$6.7M	50x	as long as short
KuCoin SAGAUSDTM	+0.0100%	4h	0.04021	+0.808%	$918K	$3.2M	20x	as long as short
BingX SAGA-USDTshort	+0.0100%	4h	0.04031	+1.059%	—	$2.3M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SAGA-USD	+0.0104%	1h	0.04032	+1.072%	$3K	$159K	5x	as long as short
Variational Omni SAGAlong	+0.0187%	4h	0.03989	long leg	$6K	$113K	—
Deribit SAGA_USDC-PERPETUAL	+0.0743%	1h	0.04033	+1.109%	$3K	$28	10x	as long as short
Kraken Futures PF_SAGAUSD	+0.0922%	1h	0.04029	+1.006%	$82K	$724K	20x	as long as short