After costs, if the gap returns to its 7d average, $10k−$510
spread now−0.311%7d average+1.307%fees + slippage, in and out−$348spread needed3.477%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SAGA-PERP-INTX | 0.03860 | −0.0672 | get 0.0084% / 1h | 58m 17s | $51K | $410K | 25x |
| Short | Hyperliquid SAGA | 0.03848 | 0.0100 | get 0.0013% / 1h | 58m 17s | $2.1M | $380K | 3x |
Coinbase International SAGA-PERP-INTX
Hyperliquid SAGAPrice 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
- −$31.09
- Funding while held
- $23.16
- Slippage, 4 orders
- −$328.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$355.64
- Spread needed to break even
- 3.477%
Slippage from Coinbase International: live order book, 32 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0772%
- Per $10,000 a day
- +$23.16
- 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 Coinbase International live order book, 32 min ago | 25.84 bp | 129.9 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.31 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.03846cheapest
Variational OmniHyperliquid0.03848+0.046%
MEXC0.03849+0.072%Binance0.03850+0.105%Extended0.03852+0.140%BingX0.03852+0.150%Deribit0.03853+0.176%Kraken Futures0.03855+0.235%KuCoin0.03856+0.254%Bybit0.03857+0.274%
MEXC
Binance
Extended
BingX
Deribit
Kraken Futures
KuCoin
BybitCoinbase International0.03860+0.358%
Aster0.03860+0.361%BloFin0.03865+0.488%Gate0.03870+0.618%
Aster
BloFin
GateSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SAGA | −0.356% | +0.0643% | 4h | $3K | $151K | — | as long as short |
| Hyperliquid SAGAshort | −0.311% | +0.0100% | 1h | $2.1M | $380K | 3x | |
| MEXC SAGA_USDT | −0.285% | +0.0100% | 4h | $2.9M | $8.1M | 50x | as long as short |
| Binance SAGAUSDT | −0.252% | +0.0100% | 4h | $19.2M | $173.5M | 20x | as long as short |
| Extended SAGA-USD | −0.217% | +0.0104% | 1h | $3K | $159K | 5x | as long as short |
| BingX SAGA-USDT | −0.207% | +0.0664% | 4h | — | $2.4M | — | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.181% | +0.0529% | 1h | $3K | $28 | 10x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.122% | +0.0983% | 1h | $91K | $758K | 20x | as long as short |
| KuCoin SAGAUSDTM | −0.104% | −0.0058% | 4h | $866K | $3.3M | 20x | as long as short |
| Bybit SAGAUSDT | −0.083% | +0.0671% | 4h | $3.8M | $25.9M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTXlong | 0.000% | −0.0672% | 1h | $51K | $410K | 25x | |
| Aster SAGAUSDT | +0.003% | +0.0100% | 4h | $64K | $1.1M | 5x | as long as short |
| BloFin SAGA-USDT | +0.130% | +0.0146% | 4h | $1.0M | $589K | 20x | as long as short |
| Gate SAGA_USDT | +0.259% | +0.0534% | 4h | $6.0M | $9.6M | 20x | as long as short |