After costs, if the gap returns to its 7d average, $10k−$116
spread now+0.207%7d average+0.027%fees + slippage, in and out−$134spread needed1.342%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAGAUSDT | 0.04007 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $20.1M | $182.7M | 20x |
| Short | Extended SAGA-USD | 0.04015 | 0.0104 | get 0.0013% / 1h | 21m 01s | $3K | $175K | 5x |
Binance SAGAUSDT
Extended SAGA-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $20.66
- Funding while held
- $0.12
- Slippage, 4 orders
- −$119.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$113.39
- Spread needed to break even
- 1.342%
Slippage from Binance: live order book, 9 min ago; Extended: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
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, 9 min ago | 2.59 bp | 20.2 bp −$20 | 133.9 bp −$1,339 | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 6.12 bp | 47.9 bp −$48 | 364.7 bp −$3,647 | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.03915cheapestCoinbase International0.03990+1.910%Hyperliquid0.03999+2.140%MEXC0.04000+2.166%BloFin0.04002+2.217%Deribit0.04003+2.242%Aster0.04003+2.250%BingX0.04005+2.293%Kraken Futures0.04006+2.319%
Variational Omni
Coinbase International
Hyperliquid
MEXC
BloFin
Deribit
Aster
BingX
Kraken FuturesBinance0.04007+2.340%
KuCoin0.04009+2.395%
KuCoinExtended0.04015+2.551%
Bybit0.04016+2.567%Gate0.04029+2.906%
Bybit
GateSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SAGA | −2.286% | +0.0323% | 4h | $4K | $161K | — | as long as short |
| Coinbase International SAGA-PERP-INTX | −0.420% | −0.1896% | 1h | $53K | $382K | 25x | as long as short |
| Hyperliquid SAGA | −0.195% | +0.0100% | 1h | $2.2M | $379K | 3x | as long as short |
| MEXC SAGA_USDT | −0.170% | +0.0100% | 4h | $3.3M | $9.2M | 50x | as long as short |
| BloFin SAGA-USDT | −0.120% | +0.0128% | 4h | $1.0M | $640K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.095% | +0.0500% | 1h | $3K | $28 | 10x | as long as short |
| Aster SAGAUSDT | −0.087% | +0.0100% | 4h | $84K | $1.1M | 5x | as long as short |
| BingX SAGA-USDT | −0.045% | +0.0714% | 4h | — | $2.5M | — | as long as short |
| Kraken Futures PF_SAGAUSD | −0.020% | +0.0456% | 1h | $89K | $726K | 20x | as long as short |
| Binance SAGAUSDTlong | 0.000% | +0.0100% | 4h | $20.1M | $182.7M | 20x |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SAGAUSDTM | +0.054% | −0.0458% | 4h | $1.2M | $3.3M | 20x | as long as short |
| Extended SAGA-USDshort | +0.207% | +0.0104% | 1h | $3K | $175K | 5x | |
| Bybit SAGAUSDT | +0.222% | +0.0876% | 4h | $4.3M | $27.2M | 20x | as long as short |
| Gate SAGA_USDT | +0.554% | +0.1628% | 4h | $7.4M | $9.2M | 20x | as long as short |