Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bybit−0.060%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1161.161% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.060%, 7d avg −0.047%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAGAUSDT | 0.03861 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $3.7M | $19.1M | 20x |
| Short | BingX SAGA-USDT | 0.03859 | 0.0100 | get 0.0050% / 4h | 1h 08m | — | $2.2M | — |
Bybit SAGAUSDT
BingX SAGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: −0.060% → −0.047%
- −$1.26
- Slippage, 4 orders
- −$95.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$117.38
- Costs to cover
- 1.161%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 4 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 Bybit live order book, 5 min ago | 1.16 bp | 33.6 bp −$34 | 144.1 bp −$1,441 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.58 bp | 20.2 bp −$20 | 52.9 bp −$529 | 459.2 bp −$45.9K | 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 | 0.03860 | −0.034% | $48K | $435K | 25x | as long as short |
| Hyperliquid SAGA | +0.0100% | 1h | 0.03851 | −0.267% | $2.1M | $341K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03855 | −0.163% | $72K | $921K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03859 | −0.062% | $19.1M | $139.2M | 20x | as long as short |
| Bybit SAGAUSDTlong | +0.0100% | 4h | 0.03861 | long leg | $3.7M | $19.1M | 20x | |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03872 | +0.277% | $5.9M | $9.3M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03859 | −0.060% | $2.6M | $6.5M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03858 | −0.085% | $804K | $3.1M | 20x | as long as short |
| BingX SAGA-USDTshort | +0.0100% | 4h | 0.03859 | −0.060% | — | $2.2M | — | |
| Variational Omni SAGA | +0.0100% | 4h | 0.03877 | +0.412% | $6K | $112K | — | as long as short |
Coinbase International SAGA-PERP-INTX
Hyperliquid SAGA
Aster SAGAUSDT
Binance SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Variational Omni SAGAShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAGA-USD | +0.0104% | 1h | 0.03855 | −0.158% | $3K | $159K | 5x | as long as short |
| BloFin SAGA-USDT | +0.0132% | 4h | 0.03875 | +0.355% | $991K | $448K | 20x | as long as short |
| Kraken Futures PF_SAGAUSD | +0.0186% | 1h | 0.03862 | +0.030% | $70K | $727K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.0786% | 1h | 0.03865 | +0.096% | $3K | $28 | 10x | as long as short |
Extended SAGA-USD
BloFin SAGA-USDT
Kraken Futures PF_SAGAUSD
Deribit SAGA_USDC-PERPETUAL