SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.37 per $10,000 · paid last 24h −0.019%

Price spread now: Variational Omni against Bybit+0.060%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

The price spread pays, funding is against you. Variational Omni is 0.060% dearer against Bybit than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SAGAUSDT	0.04063	0.0702	pay 0.0351% / 4h	2h 33m	$4.0M	$14.2M	20x
Short	Variational Omni SAGA	0.04065	0.0627	get 0.0314% / 4h	2h 33m	$4K	$44K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.060%Rate

Funding earned: −$15.68
Price spread: +0.060% → 0.000%: $5.96
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.72
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 10 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 Bybit live order book, 10 min ago	1.13 bp	45.2 bp −$45	143.2 bp −$1,432	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	−0.0105%	1h	0.04030	−0.812%	$2.2M	$254K	3x	as long as short
BloFin SAGA-USDT	+0.0060%	4h	0.04080	+0.418%	$1.0M	$211K	20x	as long as short
Kraken Futures PF_SAGAUSD	+0.0095%	1h	0.04051	−0.305%	$75K	$617K	20x	as long as short
Aster SAGAUSDT	+0.0100%	4h	0.04063	+0.001%	$71K	$733K	5x	as long as short
Binance SAGAUSDT	+0.0100%	4h	0.04063	+0.001%	$20.1M	$96.5M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.04074	+0.271%	$6.1M	$7.6M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.04054	−0.222%	$2.7M	$4.1M	50x	as long as short
KuCoin SAGAUSDTM	+0.0100%	4h	0.04065	+0.049%	$785K	$2.5M	20x	as long as short
Extended SAGA-USD	+0.0104%	1h	0.04060	−0.070%	$5K	$195K	5x	as long as short
Coinbase International SAGA-PERP-INTX	+0.0176%	1h	0.04096	+0.812%	$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
Variational Omni SAGAshort	+0.0627%	4h	0.04065	+0.060%	$4K	$44K	—
BingX SAGA-USDT	+0.0646%	4h	0.04068	+0.123%	—	$1.9M	—	as long as short
Bybit SAGAUSDTlong	+0.0702%	4h	0.04063	long leg	$4.0M	$14.2M	20x
Deribit SAGA_USDC-PERPETUAL	+0.1230%	1h	0.04061	−0.049%	$3K	—	10x	as long as short