SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0594%/8h= +65.0% APRnext payment +$2.97 per $10,000 · paid last 24h +0.035%

Price spread now: Variational Omni against BloFin−0.209%86s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.209% cheaper against BloFin than usual: you would sell low and buy high (spread −0.209% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 28 hours of funding at the current rate (+$18 a day). The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SAGA-USDT	0.04089	0.0042	pay 0.0021% / 4h	2h 29m	$1.0M	$212K	20x
Short	Variational Omni SAGA	0.04080	0.0636	get 0.0318% / 4h	2h 29m	$4K	$44K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.209%Rate

Funding earned: $124.69
Price spread: −0.209% → 0.000%: −$20.87
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $91.82
Costs to cover: 0.120%
Break-even: 1.8 days

Slippage unknown: BloFin: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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	6.15 bp	38.8 bp −$39	110.0 bp −$1,100	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0178%	1h	0.04049	−0.978%	$2.2M	$253K	3x	as long as short
BloFin SAGA-USDTlong	+0.0042%	4h	0.04089	long leg	$1.0M	$212K	20x
Kraken Futures PF_SAGAUSD	+0.0095%	1h	0.04071	−0.444%	$76K	$617K	20x	as long as short
Aster SAGAUSDT	+0.0100%	4h	0.04061	−0.677%	$71K	$731K	5x	as long as short
Binance SAGAUSDT	+0.0100%	4h	0.04061	−0.677%	$20.1M	$96.5M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.04085	−0.098%	$6.2M	$7.6M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.04067	−0.538%	$2.7M	$4.1M	50x	as long as short
KuCoin SAGAUSDTM	+0.0100%	4h	0.04060	−0.709%	$791K	$2.5M	20x	as long as short
Extended SAGA-USD	+0.0104%	1h	0.04075	−0.341%	$5K	$195K	5x	as long as short
Coinbase International SAGA-PERP-INTX	+0.0176%	1h	0.04100	+0.269%	$45K	$389K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAGAUSDT	+0.0634%	4h	0.04069	−0.484%	$4.0M	$14.2M	20x	as long as short
Variational Omni SAGAshort	+0.0636%	4h	0.04080	−0.209%	$4K	$44K	—
BingX SAGA-USDT	+0.0702%	4h	0.04071	−0.440%	—	$1.9M	—	as long as short
Deribit SAGA_USDC-PERPETUAL	+0.1221%	1h	0.04085	−0.098%	$3K	—	10x	as long as short