After costs, if the gap returns to its 7d average, $10k−$84
spread now+0.227%7d average−0.079%fees + slippage, in and out−$115spread needed1.146%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SAGA-USDT | 0.03293 | 0.0123 | pay 0.0062% / 4h | 31m 43s | $913K | $635K | 20x |
| Short | Kraken Futures PF_SAGAUSD | 0.03300 | −0.0674 | pay 0.0084% / 1h | 31m 43s | $72K | $723K | 20x |
BloFin SAGA-USDT
Kraken Futures PF_SAGAUSDPrice 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
- $22.69
- Funding while held
- −$23.92
- Slippage, 4 orders
- −$92.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$115.82
- Spread needed to break even
- 1.146%
Slippage from BloFin: live order book, 12 min ago; Kraken Futures: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0797%
- Per $10,000 a day
- −$23.92
- 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, 12 min ago | 2.94 bp | 18.0 bp −$18 | 63.8 bp −$638 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 24.97 bp | 36.9 bp −$37 | 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 International0.03243cheapestHyperliquid0.03269+0.802%Extended0.03273+0.936%MEXC0.03277+1.048%Binance0.03279+1.110%Bybit0.03281+1.156%Gate0.03283+1.233%Aster0.03285+1.299%KuCoin0.03289+1.418%BingX0.03289+1.418%
Coinbase International
Hyperliquid
Extended
MEXC
Binance
Bybit
Gate
Aster
KuCoin
BingXBloFin0.03293+1.542%
Kraken Futures0.03300+1.772%
Deribit0.03301+1.788%Variational Omni0.03370+3.914%
Deribit
Variational OmniSAGA 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 | −1.518% | −0.1168% | 1h | $48K | $281K | 25x | as long as short |
| Hyperliquid SAGA | −0.729% | −0.0710% | 1h | $1.8M | $642K | 3x | as long as short |
| Extended SAGA-USD | −0.597% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| MEXC SAGA_USDT | −0.486% | +0.0100% | 4h | $2.8M | $9.8M | 50x | as long as short |
| Binance SAGAUSDT | −0.425% | +0.0100% | 4h | $16.2M | $199.3M | 20x | as long as short |
| Bybit SAGAUSDT | −0.380% | +0.0100% | 4h | $3.5M | $31.0M | 20x | as long as short |
| Gate SAGA_USDT | −0.304% | +0.0100% | 4h | $4.9M | $10.3M | 20x | as long as short |
| Aster SAGAUSDT | −0.239% | −0.0107% | 4h | $61K | $1.2M | 5x | as long as short |
| KuCoin SAGAUSDTM | −0.121% | −0.0448% | 4h | $543K | $3.1M | 20x | as long as short |
| BingX SAGA-USDT | −0.121% | +0.0100% | 4h | — | $2.7M | — | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SAGA-USDTlong | 0.000% | +0.0123% | 4h | $913K | $635K | 20x | |
| Kraken Futures PF_SAGAUSDshort | +0.227% | −0.0674% | 1h | $72K | $723K | 20x | |
| Deribit SAGA_USDC-PERPETUAL | +0.243% | +0.0053% | 1h | $3K | $53 | 10x | as long as short |
| Variational Omni SAGA | +2.336% | +0.0100% | 4h | $10K | $165K | — | as long as short |