SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against BloFin+0.458%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$1121.125% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.042%+$4 on $10k

Price spread, last 4 days (all we have)+0.145%+$14 · spread now +0.458%, 7d avg +0.081%

Together, before fees+0.187%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.377% dearer against BloFin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SAGA-USDT	0.03982	0.0089	pay 0.0044% / 4h	1h 02m	$1.0M	$271K	20x
Short	Aster SAGAUSDT	0.04000	0.0100	get 0.0050% / 4h	1h 02m	$59K	$714K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.458%Rate

Funding earned: $2.38
Price spread: +0.458% → +0.081%: $37.67
Slippage, 4 orders: −$92.46
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$72.41
Costs to cover: 1.125%
Break-even: 219.8 days

Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 35 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 BloFin live order book, 4 min ago	6.23 bp	14.2 bp −$14	115.1 bp −$1,151	doesn't fit	doesn't fit
Sell Aster live order book, 35 min ago	5.62 bp	39.6 bp −$40	doesn't fit	doesn't fit	doesn't fit

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
Hyperliquid SAGA	−0.1350%	1h	0.03988	+0.151%	$2.2M	$263K	3x	as long as short
Kraken Futures PF_SAGAUSD	−0.0640%	1h	0.04003	+0.525%	$72K	$561K	20x	as long as short
KuCoin SAGAUSDTM	+0.0048%	4h	0.03993	+0.276%	$794K	$2.7M	20x	as long as short
BloFin SAGA-USDTlong	+0.0089%	4h	0.03982	long leg	$1.0M	$271K	20x
Aster SAGAUSDTshort	+0.0100%	4h	0.04000	+0.458%	$59K	$714K	5x
Binance SAGAUSDT	+0.0100%	4h	0.04003	+0.527%	$19.6M	$100.8M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.04016	+0.854%	$6.0M	$7.6M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.03996	+0.352%	$2.8M	$4.5M	50x	as long as short
Extended SAGA-USD	+0.0104%	1h	0.04003	+0.527%	$3K	$177K	5x	as long as short
Bybit SAGAUSDT	+0.0162%	4h	0.04002	+0.502%	$3.8M	$15.3M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SAGA	+0.0195%	4h	0.04008	+0.654%	$6K	$41K	—	as long as short
BingX SAGA-USDT	+0.0246%	4h	0.03996	+0.352%	—	$2.0M	—	as long as short
Coinbase International SAGA-PERP-INTX	+0.0296%	1h	0.04004	+0.552%	$42K	$382K	25x	as long as short
Deribit SAGA_USDC-PERPETUAL	+0.1001%	1h	0.04001	+0.477%	$3K	—	10x	as long as short