After costs, if the gap returns to its 7d average, $10k−$172
spread now+0.214%7d average+0.176%fees + slippage, in and out−$175spread needed1.754%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAGA-USDT | 0.04013 | 0.0084 | pay 0.0042% / 4h | 2h 16m | $1.0M | $636K | 20x |
| Short | Bybit SAGAUSDT | 0.04022 | 0.0933 | get 0.0466% / 4h | 2h 16m | $4.3M | $27.0M | 20x |
BloFin SAGA-USDT
Bybit SAGAUSDTPrice 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
- $21.43
- Funding while held
- $25.46
- Slippage, 4 orders
- −$152.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.54
- Spread needed to break even
- 1.754%
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0849%
- Per $10,000 a day
- +$25.46
- 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, 2 min ago | 3.73 bp | 23.0 bp −$23 | 89.2 bp −$892 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.97 bp | 54.2 bp −$54 | 244.6 bp −$2,446 | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.03977cheapestCoinbase International0.03981+0.091%Kraken Futures0.04010+0.829%
Variational Omni
Coinbase International
Kraken FuturesBloFin0.04013+0.895%
Hyperliquid0.04016+0.971%Deribit0.04016+0.971%Binance0.04020+1.067%
Hyperliquid
Deribit
BinanceBybit0.04022+1.112%
MEXC0.04022+1.122%Extended0.04024+1.180%Aster0.04028+1.265%KuCoin0.04031+1.348%BingX0.04031+1.348%Gate0.04046+1.725%
MEXC
Extended
Aster
KuCoin
BingX
GateSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SAGA | −0.887% | +0.0372% | 4h | $4K | $160K | — | as long as short |
| Coinbase International SAGA-PERP-INTX | −0.797% | −0.1896% | 1h | $53K | $381K | 25x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.066% | +0.0456% | 1h | $89K | $738K | 20x | as long as short |
| BloFin SAGA-USDTlong | 0.000% | +0.0084% | 4h | $1.0M | $636K | 20x | |
| Hyperliquid SAGA | +0.075% | +0.0100% | 1h | $2.2M | $380K | 3x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.075% | +0.1496% | 1h | $3K | $28 | 10x | as long as short |
| Binance SAGAUSDT | +0.171% | +0.0100% | 4h | $20.2M | $181.6M | 20x | as long as short |
| Bybit SAGAUSDTshort | +0.214% | +0.0933% | 4h | $4.3M | $27.0M | 20x | |
| MEXC SAGA_USDT | +0.224% | +0.0100% | 4h | $3.4M | $9.2M | 50x | as long as short |
| Extended SAGA-USD | +0.282% | +0.0104% | 1h | $3K | $173K | 5x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SAGAUSDT | +0.366% | +0.0100% | 4h | $85K | $1.1M | 5x | as long as short |
| KuCoin SAGAUSDTM | +0.449% | −0.0372% | 4h | $1.2M | $3.1M | 20x | as long as short |
| BingX SAGA-USDT | +0.449% | +0.0860% | 4h | — | $2.5M | — | as long as short |
| Gate SAGA_USDT | +0.822% | +0.1664% | 4h | $7.4M | $9.2M | 20x | as long as short |