After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.090%7d average−0.142%fees + slippage, in and out−$94spread needed0.939%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAGAUSDT | 0.03861 | 0.0091 | pay 0.0045% / 4h | 2h 38m | $19.4M | $190.0M | 20x |
| Short | Hyperliquid SAGA | 0.03858 | 0.0100 | get 0.0013% / 1h | 38m 20s | $2.2M | $389K | 3x |
Binance SAGAUSDT
Hyperliquid SAGAPrice 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
- −$9.01
- Funding while held
- $0.27
- Slippage, 4 orders
- −$74.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$102.69
- Spread needed to break even
- 0.939%
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0009%
- Per $10,000 a day
- +$0.27
- 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, 7 min ago | 1.26 bp | 20.8 bp −$21 | 93.5 bp −$935 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.29 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03850cheapestAster0.03856+0.151%
Coinbase International
AsterHyperliquid0.03858+0.208%
MEXC0.03860+0.260%BingX0.03861+0.286%Deribit0.03861+0.286%BloFin0.03861+0.286%Extended0.03861+0.286%
MEXC
BingX
Deribit
BloFin
ExtendedBinance0.03861+0.298%
Bybit0.03862+0.301%Kraken Futures0.03867+0.434%KuCoin0.03872+0.571%Variational Omni0.03881+0.796%Gate0.03888+0.987%
Bybit
Kraken Futures
KuCoin
Variational Omni
GateSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | −0.297% | −0.1896% | 1h | $52K | $368K | 25x | as long as short |
| Aster SAGAUSDT | −0.147% | +0.0044% | 4h | $83K | $1.2M | 5x | as long as short |
| Hyperliquid SAGAshort | −0.090% | +0.0100% | 1h | $2.2M | $389K | 3x | |
| MEXC SAGA_USDT | −0.038% | +0.0090% | 4h | $3.2M | $9.1M | 50x | as long as short |
| BingX SAGA-USDT | −0.012% | +0.0580% | 4h | — | $2.5M | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.012% | +0.1047% | 1h | $3K | $28 | 10x | as long as short |
| BloFin SAGA-USDT | −0.012% | +0.0047% | 4h | $1.0M | $693K | 20x | as long as short |
| Extended SAGA-USD | −0.012% | +0.0088% | 1h | $3K | $175K | 5x | as long as short |
| Binance SAGAUSDTlong | 0.000% | +0.0091% | 4h | $19.4M | $190.0M | 20x | |
| Bybit SAGAUSDT | +0.003% | +0.0548% | 4h | $4.1M | $28.6M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | +0.135% | +0.0473% | 1h | $86K | $733K | 20x | as long as short |
| KuCoin SAGAUSDTM | +0.272% | −0.0644% | 4h | $1.1M | $3.3M | 20x | as long as short |
| Variational Omni SAGA | +0.497% | +0.0182% | 4h | $4K | $162K | — | as long as short |
| Gate SAGA_USDT | +0.687% | +0.1572% | 4h | $7.1M | $9.1M | 20x | as long as short |