SAGA

Alert

Funding spread now, next payment 17:00 UTC+0.1382%/8h

paid, last 24h+0.372%paid, last 7 days+0.875%to open and close $10k−$282

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.875% in total (about 45.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid SAGA	0.03581	−0.2814	get 0.0352% / 1h	50m 26s	$2.0M	$486K	3x
Short	KuCoin SAGAUSDTM	0.03622	−0.1432	pay 0.0716% / 4h	3h 50m	$880K	$3.2M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee KuCoinbpOrdersRate

Funding earned: $290.14
Slippage, 4 orders: −$260.95
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $8.19
Break-even: 6.8 days

Slippage from Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 3 min ago.

Price risk

price view

Price gap now: +1.145%
Avg gap 7d: +0.185%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 2 min ago	1.40 bp	61.7 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.98 bp	105.2 bp −$105	doesn't fit	doesn't fit	doesn't fit

SAGA on 14 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International SAGA-PERP-INTX	−0.3176%	1h	$50K	$336K	25x	as long as short
Hyperliquid SAGAlong	−0.2814%	1h	$2.0M	$486K	3x
KuCoin SAGAUSDTMshort	−0.1432%	4h	$880K	$3.2M	20x
Kraken Futures PF_SAGAUSD	−0.0181%	1h	$74K	$728K	20x	as long as short
Aster SAGAUSDT	−0.0131%	4h	$71K	$1.2M	5x	as long as short
Extended SAGA-USD	−0.0040%	1h	$2K	$175K	5x	as long as short
Binance SAGAUSDT	−0.0038%	4h	$18.0M	$199.1M	20x	as long as short
MEXC SAGA_USDT	−0.0036%	4h	$3.1M	$9.4M	50x	as long as short
BloFin SAGA-USDT	−0.0004%	4h	$968K	$672K	20x	as long as short
Variational Omni SAGA	+0.0100%	4h	$3K	$172K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit SAGA_USDC-PERPETUAL	+0.0308%	1h	$3K	$28	10x	as long as short
Bybit SAGAUSDT	+0.1018%	4h	$3.8M	$30.6M	20x	as long as short
BingX SAGA-USDT	+0.2154%	4h	—	$2.6M	—	as long as short
Gate SAGA_USDT	+0.2428%	4h	$6.6M	$10.3M	20x	as long as short