After costs, if the gap returns to its 7d average, $10k−$161
spread now−0.196%7d average−0.268%fees + slippage, in and out−$168spread needed1.684%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAGAUSDT | 0.03383 | 0.0100 | pay 0.0050% / 4h | 38m 03s | $3.6M | $31.1M | 20x |
| Short | Kraken Futures PF_SAGAUSD | 0.03377 | −0.0659 | pay 0.0082% / 1h | 38m 03s | $73K | $730K | 20x |
Bybit SAGAUSDT
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
- −$19.56
- Funding while held
- −$22.77
- Slippage, 4 orders
- −$147.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$210.77
- Spread needed to break even
- 1.684%
Slippage from Bybit: live order book, 2 min ago; Kraken Futures: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0759%
- Per $10,000 a day
- −$22.77
- 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, 2 min ago | 1.92 bp | 49.7 bp −$50 | 287.4 bp −$2,874 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 12 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 International0.03351cheapestHyperliquid0.03367+0.477%Binance0.03375+0.716%
Coinbase International
Hyperliquid
BinanceKraken Futures0.03377+0.763%
Extended0.03377+0.786%MEXC0.03378+0.806%BingX0.03379+0.836%Deribit0.03380+0.865%KuCoin0.03381+0.895%
Extended
MEXC
BingX
Deribit
KuCoinBybit0.03383+0.961%
Aster0.03383+0.969%Gate0.03390+1.164%BloFin0.03397+1.373%Variational Omni0.03398+1.412%
Aster
Gate
BloFin
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 | −0.952% | −0.1168% | 1h | $48K | $294K | 25x | as long as short |
| Hyperliquid SAGA | −0.479% | −0.0902% | 1h | $1.9M | $641K | 3x | as long as short |
| Binance SAGAUSDT | −0.243% | +0.0100% | 4h | $16.7M | $199.3M | 20x | as long as short |
| Kraken Futures PF_SAGAUSDshort | −0.196% | −0.0659% | 1h | $73K | $730K | 20x | |
| Extended SAGA-USD | −0.173% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| MEXC SAGA_USDT | −0.154% | +0.0100% | 4h | $3.1M | $9.8M | 50x | as long as short |
| BingX SAGA-USDT | −0.124% | +0.0100% | 4h | — | $2.7M | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.095% | +0.0342% | 1h | $3K | $53 | 10x | as long as short |
| KuCoin SAGAUSDTM | −0.065% | −0.0294% | 4h | $554K | $3.1M | 20x | as long as short |
| Bybit SAGAUSDTlong | 0.000% | +0.0100% | 4h | $3.6M | $31.1M | 20x |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SAGAUSDT | +0.008% | +0.0054% | 4h | $63K | $1.2M | 5x | as long as short |
| Gate SAGA_USDT | +0.201% | +0.0100% | 4h | $5.0M | $10.3M | 20x | as long as short |
| BloFin SAGA-USDT | +0.408% | +0.0150% | 4h | $924K | $656K | 20x | as long as short |
| Variational Omni SAGA | +0.447% | +0.0100% | 4h | $10K | $165K | — | as long as short |