Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.138%
Price spread now: KuCoin against BingX−0.127%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2842.845% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.127%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.069% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SAGA-USDT | 0.03931 | 0.0100 | pay 0.0050% / 4h | 2h 17m | — | $2.0M | — |
| Short | KuCoin SAGAUSDTM | 0.03926 | 0.0100 | get 0.0050% / 4h | 2h 17m | $776K | $2.8M | 20x |
BingX SAGA-USDT
KuCoin SAGAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: −0.127% → −0.058%
- −$6.87
- Slippage, 4 orders
- −$262.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$291.34
- Costs to cover
- 2.845%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 5 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, 11 min ago | 1.28 bp | 21.3 bp −$21 | 63.6 bp −$636 | 607.6 bp −$60.8K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 13.99 bp | 122.3 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
SAGA on 13 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 | −0.0896% | 1h | 0.03904 | −0.687% | $2.2M | $289K | 3x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.0038% | 1h | 0.03930 | −0.021% | $70K | $650K | 20x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03926 | −0.122% | $70K | $834K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03928 | −0.086% | $19.4M | $111.7M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03927 | −0.089% | $3.8M | $15.2M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03947 | +0.407% | $6.0M | $8.3M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03928 | −0.076% | $2.6M | $5.4M | 50x | as long as short |
| KuCoin SAGAUSDTMshort | +0.0100% | 4h | 0.03926 | −0.127% | $776K | $2.8M | 20x | |
| BingX SAGA-USDTlong | +0.0100% | 4h | 0.03931 | long leg | — | $2.0M | — | |
| Extended SAGA-USD | +0.0104% | 1h | 0.03927 | −0.095% | $5K | $138K | 5x | as long as short |
Hyperliquid SAGA
Kraken Futures PF_SAGAUSD
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
Extended SAGA-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | +0.0104% | 1h | 0.03931 | 0.000% | $46K | $401K | 25x | as long as short |
| Variational Omni SAGA | +0.0139% | 4h | 0.03936 | +0.118% | $4K | $73K | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1279% | 1h | 0.03931 | 0.000% | $3K | $28 | 10x | as long as short |
Coinbase International SAGA-PERP-INTX
Variational Omni SAGA
Deribit SAGA_USDC-PERPETUAL