Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%
Price spread now: Gate against Bybit+0.414%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2552.547% of the position
Funding, last 7 days+0.828%+$83 on $10k
+Price spread, last 7 days−0.387%−$39 · spread now +0.414%, 7d avg +0.109%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.305% dearer against Bybit than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAGAUSDT | 0.03957 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $3.9M | $15.1M | 20x |
| Short | Gate SAGA_USDT | 0.03973 | 0.0100 | get 0.0050% / 4h | 2h 04m | $6.1M | $8.3M | 20x |
Bybit SAGAUSDT
Gate SAGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.414% → +0.109%
- $30.51
- Slippage, 4 orders
- −$228.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$224.24
- Costs to cover
- 2.548%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 min ago.
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, 4 min ago | 0.13 bp | 34.5 bp −$34 | 121.9 bp −$1,219 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 8.79 bp | 93.1 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
SAGA on 13 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 | −0.1041% | 1h | 0.03936 | −0.521% | $2.2M | $280K | 3x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.0038% | 1h | 0.03953 | −0.094% | $70K | $650K | 20x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03956 | −0.019% | $70K | $834K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03969 | +0.326% | $19.7M | $110.7M | 20x | as long as short |
| Bybit SAGAUSDTlong | +0.0100% | 4h | 0.03957 | long leg | $3.9M | $15.1M | 20x | |
| Gate SAGA_USDTshort | +0.0100% | 4h | 0.03973 | +0.414% | $6.1M | $8.3M | 20x | |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03952 | −0.116% | $2.7M | $5.4M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03957 | +0.010% | $785K | $2.8M | 20x | as long as short |
| BingX SAGA-USDT | +0.0100% | 4h | 0.03961 | +0.111% | — | $2.0M | — | as long as short |
| Extended SAGA-USD | +0.0104% | 1h | 0.03955 | −0.052% | $5K | $133K | 5x | as long as short |
Hyperliquid SAGA
Kraken Futures PF_SAGAUSD
Aster SAGAUSDT
Binance SAGAUSDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
BingX SAGA-USDT
Extended SAGA-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | +0.0104% | 1h | 0.03949 | −0.192% | $46K | $399K | 25x | as long as short |
| Variational Omni SAGA | +0.0142% | 4h | 0.03959 | +0.072% | $4K | $55K | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.1016% | 1h | 0.03955 | −0.040% | $3K | $28 | 10x | as long as short |
Coinbase International SAGA-PERP-INTX
Variational Omni SAGA
Deribit SAGA_USDC-PERPETUAL