After costs, if the gap returns to its 7d average, $10k−$153
spread now−0.397%7d average+0.117%fees + slippage, in and out−$101spread needed1.014%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAGA-USDT | 0.04032 | 0.0051 | pay 0.0025% / 4h | 2h 14m | $1.0M | $640K | 20x |
| Short | BingX SAGA-USDT | 0.04016 | 0.0860 | get 0.0430% / 4h | 2h 14m | — | $2.5M | — |
BloFin SAGA-USDT
BingX SAGA-USDTPrice 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
- −$39.68
- Funding while held
- $24.27
- Slippage, 4 orders
- −$79.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.78
- Spread needed to break even
- 1.014%
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0809%
- Per $10,000 a day
- +$24.27
- 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 BloFin live order book, 4 min ago | 3.73 bp | 23.0 bp −$23 | 89.2 bp −$892 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.83 bp | 22.8 bp −$23 | 81.2 bp −$812 | 623.3 bp −$62.3K | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Hyperliquid0.03981cheapestAster0.03989+0.202%Binance0.03992+0.276%MEXC0.03992+0.276%Extended0.03994+0.320%Kraken Futures0.03996+0.379%Bybit0.03998+0.437%Deribit0.04002+0.528%KuCoin0.04009+0.703%Gate0.04011+0.754%
Hyperliquid
Aster
Binance
MEXC
Extended
Kraken Futures
Bybit
Deribit
KuCoin
GateBingX0.04016+0.879%
Coinbase International0.04017+0.904%Variational Omni0.04029+1.204%
Coinbase International
Variational OmniBloFin0.04032+1.281%
SAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −1.265% | +0.0100% | 1h | $2.2M | $380K | 3x | as long as short |
| Aster SAGAUSDT | −1.065% | +0.0100% | 4h | $82K | $1.1M | 5x | as long as short |
| Binance SAGAUSDT | −0.992% | +0.0100% | 4h | $20.0M | $180.6M | 20x | as long as short |
| MEXC SAGA_USDT | −0.992% | +0.0100% | 4h | $3.3M | $9.2M | 50x | as long as short |
| Extended SAGA-USD | −0.949% | +0.0104% | 1h | $3K | $173K | 5x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.891% | +0.0457% | 1h | $89K | $736K | 20x | as long as short |
| Bybit SAGAUSDT | −0.833% | +0.0888% | 4h | $4.3M | $26.8M | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.744% | +0.1251% | 1h | $3K | $28 | 10x | as long as short |
| KuCoin SAGAUSDTM | −0.570% | −0.0350% | 4h | $1.2M | $3.1M | 20x | as long as short |
| Gate SAGA_USDT | −0.521% | +0.1598% | 4h | $7.3M | $9.2M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX SAGA-USDTshort | −0.397% | +0.0860% | 4h | — | $2.5M | — | |
| Coinbase International SAGA-PERP-INTX | −0.372% | −0.1896% | 1h | $54K | $379K | 25x | as long as short |
| Variational Omni SAGA | −0.076% | +0.0471% | 4h | $4K | $160K | — | as long as short |
| BloFin SAGA-USDTlong | 0.000% | +0.0051% | 4h | $1.0M | $640K | 20x |