After costs, if the gap returns to its 7d average, $10k−$250
spread now+0.695%7d average−1.694%fees + slippage, in and out−$489spread needed4.889%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAGAUSDT | 0.03785 | 0.0608 | pay 0.0304% / 4h | 3h 03m | $4.1M | $29.6M | 20x |
| Short | Coinbase International SAGA-PERP-INTX | 0.03811 | −0.3176 | pay 0.0397% / 1h | 3m 42s | $52K | $363K | 25x |
Bybit SAGAUSDT
Coinbase International SAGA-PERP-INTXPrice 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
- $69.49
- Funding while held
- −$113.52
- Slippage, 4 orders
- −$467.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$532.97
- Spread needed to break even
- 4.889%
Slippage from Bybit: live order book, 1 min ago; Coinbase International: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.3784%
- Per $10,000 a day
- −$113.52
- 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 Bybit live order book, 1 min ago | 3.40 bp | 45.8 bp −$46 | 153.3 bp −$1,533 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 36 min ago | 38.51 bp | 280.5 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Binance0.03781cheapestBingX0.03783+0.048%MEXC0.03784+0.075%
Binance
BingX
MEXCBybit0.03785+0.093%
KuCoin0.03790+0.234%Hyperliquid0.03791+0.260%Aster0.03794+0.339%Extended0.03796+0.404%
KuCoin
Hyperliquid
Aster
ExtendedCoinbase International0.03811+0.789%
Gate0.03820+1.027%Kraken Futures0.03822+1.082%Deribit0.03825+1.159%BloFin0.03836+1.450%Variational Omni0.03851+1.854%
Gate
Kraken Futures
Deribit
BloFin
Variational OmniSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SAGAUSDT | −0.093% | +0.0037% | 4h | $19.1M | $195.8M | 20x | as long as short |
| BingX SAGA-USDT | −0.045% | +0.0474% | 4h | — | $2.6M | — | as long as short |
| MEXC SAGA_USDT | −0.018% | +0.0032% | 4h | $3.1M | $9.6M | 50x | as long as short |
| Bybit SAGAUSDTlong | 0.000% | +0.0608% | 4h | $4.1M | $29.6M | 20x | |
| KuCoin SAGAUSDTM | +0.140% | −0.0930% | 4h | $1.0M | $3.3M | 20x | as long as short |
| Hyperliquid SAGA | +0.166% | −0.1795% | 1h | $2.1M | $408K | 3x | as long as short |
| Aster SAGAUSDT | +0.246% | +0.0021% | 4h | $89K | $1.2M | 5x | as long as short |
| Extended SAGA-USD | +0.311% | +0.0032% | 1h | $3K | $175K | 5x | as long as short |
| Coinbase International SAGA-PERP-INTXshort | +0.695% | −0.3176% | 1h | $52K | $363K | 25x | |
| Gate SAGA_USDT | +0.933% | +0.2790% | 4h | $7.0M | $10.7M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | +0.988% | −0.0171% | 1h | $85K | $731K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +1.065% | +0.0797% | 1h | $3K | $28 | 10x | as long as short |
| BloFin SAGA-USDT | +1.355% | +0.0049% | 4h | $1.0M | $715K | 20x | as long as short |
| Variational Omni SAGA | +1.759% | +0.0100% | 4h | $3K | $163K | — | as long as short |