Settings8H · net · $10k
Funding arb · Price arb /

SAGA

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1117%/8h= +122.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.169%
Price spread now: Deribit against Extended+0.094%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Deribit is 0.094% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SAGA-USD0.040800.0104pay 0.0013% / 1h29m 02s$5K$195K5x
ShortDeribit SAGA_USDC-PERPETUAL0.040840.1221get 0.0153% / 1h29m 02s$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$234.64
Price spread: +0.094% → 0.000%
$9.36
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$232
Costs to cover
0.120%
Break-even
0.1 days
Slippage unknown: Extended: live order book, 17 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 17 min ago6.67 bp51.4 bp −$51334.1 bp −$3,341doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SAGA−0.0185%1h0.04051−0.715%$2.2M$253K3xas long as short
Kraken Futures PF_SAGAUSD+0.0095%1h0.04070−0.260%$75K$617K20xas long as short
Aster SAGAUSDT+0.0100%4h0.04077−0.080%$71K$731K5xas long as short
Binance SAGAUSDT+0.0100%4h0.04077−0.070%$20.2M$96.5M20xas long as short
Gate SAGA_USDT+0.0100%4h0.04090+0.241%$6.2M$7.6M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.04090+0.241%$2.7M$4.1M50xas long as short
KuCoin SAGAUSDTM+0.0100%4h0.04080−0.004%$795K$2.5M20xas long as short
Extended SAGA-USDlong+0.0104%1h0.04080long leg$5K$195K5x
BloFin SAGA-USDT+0.0130%4h0.04089+0.216%$1.0M$211K20xas long as short
Coinbase International SAGA-PERP-INTX+0.0176%1h0.04061−0.470%$45K$386K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SAGAUSDT+0.0598%4h0.04063−0.428%$4.0M$14.2M20xas long as short
Variational Omni SAGA+0.0636%4h0.04080+0.007%$4K$44Kas long as short
BingX SAGA-USDT+0.0702%4h0.04091+0.265%$1.9Mas long as short
Deribit SAGA_USDC-PERPETUALshort+0.1221%1h0.04084+0.094%$3K10x