After costs, if the gap returns to its 7d average, $10k−$117
spread now−0.190%7d average+0.120%fees + slippage, in and out−$87spread needed0.865%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SAGA | 0.03423 | −0.0162 | get 0.0020% / 1h | 57m 12s | $1.9M | $975K | 3x |
| Short | Binance SAGAUSDT | 0.03417 | 0.0100 | get 0.0050% / 4h | 1h 57m | $17.1M | $203.3M | 20x |
Hyperliquid SAGA
Binance SAGAUSDTPrice 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
- −$18.95
- Funding while held
- $7.87
- Slippage, 4 orders
- −$67.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.59
- Spread needed to break even
- 0.865%
Slippage from Hyperliquid: live order book, 5 min ago; Binance: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0262%
- Per $10,000 a day
- +$7.87
- 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 Hyperliquid live order book, 5 min ago | 1.45 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.45 bp | 19.2 bp −$19 | 102.9 bp −$1,029 | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03411cheapestKraken Futures0.03416+0.139%MEXC0.03416+0.147%
Coinbase International
Kraken Futures
MEXCBinance0.03417+0.162%
Bybit0.03418+0.196%BingX0.03418+0.205%KuCoin0.03419+0.235%Extended0.03419+0.241%Deribit0.03420+0.264%BloFin0.03422+0.322%
Bybit
BingX
KuCoin
Extended
Deribit
BloFinHyperliquid0.03423+0.352%
Aster0.03429+0.515%Gate0.03430+0.557%Variational Omni0.03460+1.423%
Aster
Gate
Variational OmniSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SAGA-PERP-INTX | −0.351% | −0.0072% | 1h | $51K | $343K | 25x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.212% | −0.1243% | 1h | $74K | $786K | 20x | as long as short |
| MEXC SAGA_USDT | −0.204% | +0.0100% | 4h | $3.2M | $9.7M | 50x | as long as short |
| Binance SAGAUSDTshort | −0.190% | +0.0100% | 4h | $17.1M | $203.3M | 20x | |
| Bybit SAGAUSDT | −0.155% | +0.0100% | 4h | $3.7M | $32.3M | 20x | as long as short |
| BingX SAGA-USDT | −0.146% | +0.0100% | 4h | — | $2.8M | — | as long as short |
| KuCoin SAGAUSDTM | −0.117% | +0.0100% | 4h | $590K | $3.2M | 20x | as long as short |
| Extended SAGA-USD | −0.110% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.088% | 0.0000% | 1h | $3K | $53 | 10x | as long as short |
| BloFin SAGA-USDT | −0.029% | +0.0050% | 4h | $939K | $676K | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGAlong | 0.000% | −0.0162% | 1h | $1.9M | $975K | 3x | |
| Aster SAGAUSDT | +0.163% | +0.0100% | 4h | $62K | $1.2M | 5x | as long as short |
| Gate SAGA_USDT | +0.204% | +0.1130% | 4h | $4.9M | $10.7M | 20x | as long as short |
| Variational Omni SAGA | +1.068% | +0.0100% | 4h | $10K | $171K | — | as long as short |