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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SAGA-USD | 0.04080 | 0.0104 | pay 0.0013% / 1h | 29m 02s | $5K | $195K | 5x |
| Short | Deribit SAGA_USDC-PERPETUAL | 0.04084 | 0.1221 | get 0.0153% / 1h | 29m 02s | $3K | — | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 17 min ago | 6.67 bp | 51.4 bp −$51 | 334.1 bp −$3,341 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.0185% | 1h | 0.04051 | −0.715% | $2.2M | $253K | 3x | as long as short |
| Kraken Futures PF_SAGAUSD | +0.0095% | 1h | 0.04070 | −0.260% | $75K | $617K | 20x | as long as short |
| Aster SAGAUSDT | +0.0100% | 4h | 0.04077 | −0.080% | $71K | $731K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.04077 | −0.070% | $20.2M | $96.5M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.04090 | +0.241% | $6.2M | $7.6M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.04090 | +0.241% | $2.7M | $4.1M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.04080 | −0.004% | $795K | $2.5M | 20x | as long as short |
| Extended SAGA-USDlong | +0.0104% | 1h | 0.04080 | long leg | $5K | $195K | 5x | |
| BloFin SAGA-USDT | +0.0130% | 4h | 0.04089 | +0.216% | $1.0M | $211K | 20x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.0176% | 1h | 0.04061 | −0.470% | $45K | $386K | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAGAUSDT | +0.0598% | 4h | 0.04063 | −0.428% | $4.0M | $14.2M | 20x | as long as short |
| Variational Omni SAGA | +0.0636% | 4h | 0.04080 | +0.007% | $4K | $44K | — | as long as short |
| BingX SAGA-USDT | +0.0702% | 4h | 0.04091 | +0.265% | — | $1.9M | — | as long as short |
| Deribit SAGA_USDC-PERPETUALshort | +0.1221% | 1h | 0.04084 | +0.094% | $3K | — | 10x |
Extended SAGA-USD
Deribit SAGA_USDC-PERPETUAL
Hyperliquid SAGA
Kraken Futures PF_SAGAUSD
Aster SAGAUSDT
Binance SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
BloFin SAGA-USDT
Coinbase International SAGA-PERP-INTX
Bybit SAGAUSDT
Variational Omni SAGA
BingX SAGA-USDT