After costs, if the gap returns to its 7d average, $10k−$478
spread now−0.079%7d average+1.569%fees + slippage, in and out−$313spread needed3.127%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SAGA-PERP-INTX | 0.03810 | −0.1128 | get 0.0141% / 1h | 12m 12s | $51K | $404K | 25x |
| Short | MEXC SAGA_USDT | 0.03807 | 0.0100 | get 0.0050% / 4h | 1h 12m | $2.8M | $8.7M | 50x |
Coinbase International SAGA-PERP-INTX
MEXC SAGA_USDTPrice 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
- −$7.87
- Funding while held
- $36.84
- Slippage, 4 orders
- −$298.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$283.78
- Spread needed to break even
- 3.127%
Slippage from Coinbase International: live order book, 18 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1228%
- Per $10,000 a day
- +$36.84
- 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, 18 min ago | 25.84 bp | 129.9 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.30 bp | 5.5 bp −$5 | 72.5 bp −$725 | 684.7 bp −$68.5K | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Hyperliquid0.03803cheapest
HyperliquidMEXC0.03807+0.105%
Aster0.03809+0.158%BingX0.03810+0.184%
Aster
BingXCoinbase International0.03810+0.184%
Kraken Futures0.03811+0.204%Extended0.03811+0.204%Binance0.03811+0.210%KuCoin0.03811+0.210%Bybit0.03812+0.247%Deribit0.03814+0.289%Gate0.03820+0.447%BloFin0.03840+0.973%Variational Omni0.03859+1.467%
Kraken Futures
Extended
Binance
KuCoin
Bybit
Deribit
Gate
BloFin
Variational OmniSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.184% | −0.0416% | 1h | $2.1M | $383K | 3x | as long as short |
| MEXC SAGA_USDTshort | −0.079% | +0.0100% | 4h | $2.8M | $8.7M | 50x | |
| Aster SAGAUSDT | −0.026% | +0.0100% | 4h | $64K | $1.1M | 5x | as long as short |
| BingX SAGA-USDT | 0.000% | +0.0604% | 4h | — | $2.4M | — | as long as short |
| Coinbase International SAGA-PERP-INTXlong | 0.000% | −0.1128% | 1h | $51K | $404K | 25x | |
| Kraken Futures PF_SAGAUSD | +0.020% | +0.0115% | 1h | $90K | $766K | 20x | as long as short |
| Extended SAGA-USD | +0.020% | +0.0104% | 1h | $3K | $159K | 5x | as long as short |
| Binance SAGAUSDT | +0.026% | +0.0100% | 4h | $19.1M | $176.5M | 20x | as long as short |
| KuCoin SAGAUSDTM | +0.026% | −0.0080% | 4h | $858K | $3.3M | 20x | as long as short |
| Bybit SAGAUSDT | +0.063% | +0.0653% | 4h | $3.8M | $26.4M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit SAGA_USDC-PERPETUAL | +0.105% | +0.1063% | 1h | $3K | $28 | 10x | as long as short |
| Gate SAGA_USDT | +0.262% | +0.0714% | 4h | $5.9M | $10.2M | 20x | as long as short |
| BloFin SAGA-USDT | +0.787% | +0.0090% | 4h | $1.0M | $588K | 20x | as long as short |
| Variational Omni SAGA | +1.280% | +0.0561% | 4h | $3K | $152K | — | as long as short |