Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.050%
Price spread now: Aster against BingX−0.065%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
Funding, last 6 days (all we have)−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.321%+$32 · spread now −0.065%, 7d avg −0.042%
=Together, before fees+0.310%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.023% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAGA-USDT | 0.04340 | 0.0114 | pay 0.0057% / 4h | 1h 30m | — | $2.0M | — |
| Short | Aster SAGAUSDT | 0.04337 | 0.0100 | get 0.0050% / 4h | 1h 30m | $64K | $715K | 5x |
BingX SAGA-USDT
Aster SAGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$2.94
- Price spread: −0.065% → −0.042%
- −$2.34
- Slippage, 4 orders
- −$95.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$118.92
- Costs to cover
- 1.136%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 7 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 BingX live order book, 7 min ago | 3.37 bp | 19.6 bp −$20 | 66.3 bp −$663 | 582.1 bp −$58.2K | doesn't fit |
| Sell Aster live order book, 7 min ago | 5.62 bp | 39.6 bp −$40 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.2909% | 1h | 0.04327 | −0.300% | $2.4M | $265K | 3x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.0593% | 1h | 0.04322 | −0.415% | $80K | $569K | 20x | as long as short |
| BloFin SAGA-USDT | +0.0082% | 4h | 0.04317 | −0.530% | $1.1M | $287K | 20x | as long as short |
| Aster SAGAUSDTshort | +0.0100% | 4h | 0.04337 | −0.065% | $64K | $715K | 5x | |
| Binance SAGAUSDT | +0.0100% | 4h | 0.04339 | −0.023% | $21.5M | $98.9M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.04336 | −0.083% | $4.3M | $14.8M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.04354 | +0.323% | $6.6M | $7.5M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.04340 | 0.000% | $3.3M | $4.4M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.04349 | +0.207% | $970K | $2.5M | 20x | as long as short |
| Extended SAGA-USD | +0.0104% | 1h | 0.04340 | +0.002% | $4K | $184K | 5x | as long as short |
Hyperliquid SAGA
Kraken Futures PF_SAGAUSD
BloFin SAGA-USDT
Binance SAGAUSDT
Bybit SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Extended SAGA-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAGA-USDTlong | +0.0114% | 4h | 0.04340 | long leg | — | $2.0M | — | |
| Variational Omni SAGA | +0.0211% | 4h | 0.04330 | −0.231% | $7K | $42K | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.0213% | 1h | 0.04325 | −0.346% | $4K | — | 10x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.0296% | 1h | 0.04352 | +0.276% | $47K | $415K | 25x | as long as short |
Variational Omni SAGA
Deribit SAGA_USDC-PERPETUAL
Coinbase International SAGA-PERP-INTX