Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.051%
Price spread now: BingX against Binance+0.052%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.052%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAGAUSDT | 0.03823 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $19.0M | $145.9M | 20x |
| Short | BingX SAGA-USDT | 0.03825 | 0.0100 | get 0.0050% / 4h | 2h 07m | — | $2.2M | — |
Binance SAGAUSDT
BingX SAGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: +0.052% → +0.038%
- $1.42
- Slippage, 4 orders
- −$98.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.83
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 10 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 Binance live order book, 6 min ago | 1.30 bp | 26.8 bp −$27 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.15 bp | 36.8 bp −$37 | 132.1 bp −$1,321 | 525.8 bp −$52.6K | 1044.3 bp −$522.1K |
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 | −0.0288% | 1h | 0.03830 | +0.183% | $49K | $439K | 25x | as long as short |
| Hyperliquid SAGA | −0.0227% | 1h | 0.03818 | −0.131% | $2.1M | $345K | 3x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03819 | −0.096% | $69K | $973K | 5x | as long as short |
| Binance SAGAUSDTlong | +0.0100% | 4h | 0.03823 | long leg | $19.0M | $145.9M | 20x | |
| Bybit SAGAUSDT | +0.0100% | 4h | 0.03823 | −0.003% | $3.7M | $20.5M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03832 | +0.235% | $5.9M | $9.5M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03820 | −0.078% | $2.6M | $6.8M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03826 | +0.078% | $857K | $3.1M | 20x | as long as short |
| BingX SAGA-USDTshort | +0.0100% | 4h | 0.03825 | +0.052% | — | $2.2M | — | |
| Variational Omni SAGA | +0.0100% | 4h | 0.03797 | −0.677% | $6K | $113K | — | as long as short |
Coinbase International SAGA-PERP-INTX
Hyperliquid SAGA
Aster SAGAUSDT
Bybit 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 | 0.03822 | −0.013% | $3K | $159K | 5x | as long as short |
| BloFin SAGA-USDT | +0.0158% | 4h | 0.03825 | +0.052% | $991K | $495K | 20x | as long as short |
| Kraken Futures PF_SAGAUSD | +0.0974% | 1h | 0.03813 | −0.253% | $76K | $727K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1059% | 1h | 0.03826 | +0.078% | $3K | $28 | 10x | as long as short |
Extended SAGA-USD
BloFin SAGA-USDT
Kraken Futures PF_SAGAUSD
Deribit SAGA_USDC-PERPETUAL