Settings8H · net · $10k
Funding arb · Price arb /

SAGA

all SAGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.040%
Price spread now: Extended against BingX−0.162%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.162%, 7d avg +0.009%
Together, before fees+0.142%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.171% cheaper against BingX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SAGA-USDT0.039500.0100pay 0.0050% / 4h48m 38s$1.9M
ShortExtended SAGA-USD0.039440.0104get 0.0013% / 1h48m 38s$2K$182K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.162% → +0.009%
−$17.11
Slippage, 4 orders
−$112.34
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$143.61
Costs to cover
1.273%
Break-even
1203.7 days
Slippage from BingX: live order book, 7 min ago; Extended: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago3.81 bp24.4 bp −$2461.7 bp −$617580.9 bp −$58.1Kdoesn't fit
Sell Extended live order book, 55 min ago6.40 bp45.5 bp −$45338.2 bp −$3,382doesn't fitdoesn't fit

SAGA on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SAGAUSD−0.0190%1h0.03941−0.236%$74K$455K20xas long as short
BloFin SAGA-USDT+0.0076%4h0.03929−0.532%$986K$255K20xas long as short
Hyperliquid SAGA+0.0084%1h0.03937−0.329%$2.2M$195K3xas long as short
Aster SAGAUSDT+0.0100%4h0.03948−0.060%$61K$544K5xas long as short
Binance SAGAUSDT+0.0100%4h0.03948−0.048%$19.0M$84.7M20xas long as short
Bybit SAGAUSDT+0.0100%4h0.03953+0.068%$3.7M$14.4M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.03948−0.051%$2.7M$3.9M50xas long as short
KuCoin SAGAUSDTM+0.0100%4h0.03949−0.025%$764K$2.3M20xas long as short
BingX SAGA-USDTlong+0.0100%4h0.03950long leg$1.9M
Variational Omni SAGA+0.0100%4h0.03930−0.504%$4K$23Kas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SAGA-USDshort+0.0104%1h0.03944−0.162%$2K$182K5x
Coinbase International SAGA-PERP-INTX+0.0104%1h0.03942−0.203%$39K$320K25xas long as short
Deribit SAGA_USDC-PERPETUAL+0.0258%1h0.03936−0.354%$3K$12410xas long as short
Gate SAGA_USDT+0.0474%4h0.03956+0.152%$6.0M$6.7M20xas long as short