SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.004%

Price spread now: Aster against BloFin−0.288%7-day average +0.080% · 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−$141as in the Price arb table

costs, in and out, $10k−$1051.046% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.038%+$4 on $10k

Price spread, last 3 days (all we have)+1.711%+$171 · spread now −0.288%, 7d avg +0.080%

Together, before fees+1.749%+ Points / potential airdropAster: Stage 5 · farm board+$175 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.368% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.080%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SAGA-USDT	0.03835	0.0138	pay 0.0069% / 4h	1h 58m	$974K	$478K	20x
Short	Aster SAGAUSDT	0.03824	0.0100	get 0.0050% / 4h	1h 58m	$69K	$973K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.288%Rate

Funding earned: −$8.04
Price spread: −0.288% → +0.080%: −$36.79
Slippage, 4 orders: −$84.61
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$149.45
Costs to cover: 1.046%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; Aster: live order book, 19 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 BloFin live order book, 8 min ago	2.63 bp	12.9 bp −$13	82.1 bp −$821	doesn't fit	doesn't fit
Sell Aster live order book, 19 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	0.03831	−0.104%	$49K	$438K	25x	as long as short
Hyperliquid SAGA	+0.0100%	1h	0.03810	−0.652%	$2.1M	$344K	3x	as long as short
Aster SAGAUSDTshort	+0.0100%	4h	0.03824	−0.288%	$69K	$973K	5x
Binance SAGAUSDT	+0.0100%	4h	0.03810	−0.661%	$18.9M	$144.7M	20x	as long as short
Bybit SAGAUSDT	+0.0100%	4h	0.03800	−0.913%	$3.7M	$20.1M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.03840	+0.130%	$5.9M	$9.2M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.03843	+0.209%	$2.6M	$6.5M	50x	as long as short
KuCoin SAGAUSDTM	+0.0100%	4h	0.03800	−0.913%	$852K	$3.1M	20x	as long as short
BingX SAGA-USDT	+0.0100%	4h	0.03804	−0.808%	—	$2.2M	—	as long as short
Variational Omni SAGA	+0.0100%	4h	0.03840	+0.123%	$6K	$112K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SAGA-USD	+0.0104%	1h	0.03831	−0.092%	$3K	$159K	5x	as long as short
BloFin SAGA-USDTlong	+0.0138%	4h	0.03835	long leg	$974K	$478K	20x
Kraken Futures PF_SAGAUSD	+0.0187%	1h	0.03837	+0.055%	$76K	$727K	20x	as long as short
Deribit SAGA_USDC-PERPETUAL	+0.0789%	1h	0.03853	+0.469%	$3K	$28	10x	as long as short