Funding you earn now, next payment 11:00 UTC−0.0916%/8h= −100.3% APRnext payment −$1.14 per $10,000 · paid last 24h −0.214%
Price spread now: Extended against Deribit−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Extended is 0.047% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SAGA_USDC-PERPETUAL | 0.03942 | 0.1020 | pay 0.0127% / 1h | 7m 15s | $3K | $124 | 10x |
| Short | Extended SAGA-USD | 0.03940 | 0.0104 | get 0.0013% / 1h | 7m 15s | $306 | $183K | 5x |
Deribit SAGA_USDC-PERPETUAL
Extended SAGA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- −$192.36
- Price spread: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$209.07
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 36 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 36 min ago | 6.40 bp | 45.5 bp −$45 | 338.2 bp −$3,382 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SAGA on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | −0.0851% | 1h | 0.03940 | −0.052% | $73K | $467K | 20x | as long as short |
| Hyperliquid SAGA | +0.0100% | 1h | 0.03932 | −0.254% | $2.1M | $199K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03939 | −0.079% | $60K | $552K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03941 | −0.025% | $19.0M | $85.2M | 20x | as long as short |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03943 | +0.018% | $3.7M | $14.4M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03938 | −0.101% | $2.7M | $4.1M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03941 | −0.025% | $763K | $2.3M | 20x | as long as short |
| BingX SAGA-USDT | +0.0100% | 4h | 0.03942 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni SAGA | +0.0100% | 4h | 0.03954 | +0.294% | $4K | $24K | — | as long as short |
| Extended SAGA-USDshort | +0.0104% | 1h | 0.03940 | −0.047% | $306 | $183K | 5x |
Kraken Futures PF_SAGAUSD
Hyperliquid SAGA
Aster SAGAUSDT
Binance SAGAUSDT
Bybit SAGAUSDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
BingX SAGA-USDT
Variational Omni SAGAShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAGA-USDT | +0.0147% | 4h | 0.03934 | −0.203% | $983K | $255K | 20x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.0296% | 1h | 0.03861 | −2.055% | $38K | $318K | 25x | as long as short |
| Gate SAGA_USDT | +0.0512% | 4h | 0.03953 | +0.279% | $6.0M | $6.8M | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUALlong | +0.1020% | 1h | 0.03942 | long leg | $3K | $124 | 10x |
BloFin SAGA-USDT
Coinbase International SAGA-PERP-INTX
Gate SAGA_USDT