After costs, if the gap returns to its 7d average, $10k−$153
spread now−0.109%7d average+0.224%fees + slippage, in and out−$119spread needed1.194%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SAGAUSD | 0.03411 | −0.1245 | get 0.0156% / 1h | 35m 31s | $74K | $788K | 20x |
| Short | MEXC SAGA_USDT | 0.03407 | 0.0100 | get 0.0050% / 4h | 1h 35m | $3.1M | $9.8M | 50x |
Kraken Futures PF_SAGAUSD
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
- −$10.93
- Funding while held
- $40.35
- Slippage, 4 orders
- −$105.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$90.02
- Spread needed to break even
- 1.194%
Slippage from Kraken Futures: live order book, 19 min ago; MEXC: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1345%
- Per $10,000 a day
- +$40.35
- 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 Kraken Futures live order book, 19 min ago | 27.95 bp | 53.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.48 bp | 11.9 bp −$12 | 68.5 bp −$685 | 615.6 bp −$61.6K | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03376cheapestHyperliquid0.03384+0.237%BloFin0.03392+0.474%Variational Omni0.03404+0.825%Binance0.03406+0.898%Extended0.03407+0.915%
Coinbase International
Hyperliquid
BloFin
Variational Omni
Binance
ExtendedMEXC0.03407+0.918%
KuCoin0.03407+0.918%Aster0.03410+1.004%Bybit0.03410+1.013%
KuCoin
Aster
BybitKraken Futures0.03411+1.029%
Deribit0.03412+1.066%BingX0.03413+1.096%Gate0.03419+1.274%
Deribit
BingX
GateSAGA 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 | −1.018% | −0.0072% | 1h | $51K | $338K | 25x | as long as short |
| Hyperliquid SAGA | −0.784% | −0.1060% | 1h | $1.9M | $949K | 3x | as long as short |
| BloFin SAGA-USDT | −0.549% | +0.0139% | 4h | $928K | $670K | 20x | as long as short |
| Variational Omni SAGA | −0.201% | +0.0100% | 4h | $10K | $172K | — | as long as short |
| Binance SAGAUSDT | −0.129% | +0.0100% | 4h | $16.9M | $204.4M | 20x | as long as short |
| Extended SAGA-USD | −0.113% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| MEXC SAGA_USDTshort | −0.109% | +0.0100% | 4h | $3.1M | $9.8M | 50x | |
| KuCoin SAGAUSDTM | −0.109% | +0.0072% | 4h | $573K | $3.2M | 20x | as long as short |
| Aster SAGAUSDT | −0.025% | +0.0100% | 4h | $61K | $1.2M | 5x | as long as short |
| Bybit SAGAUSDT | −0.015% | +0.0100% | 4h | $3.6M | $32.3M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSDlong | 0.000% | −0.1245% | 1h | $74K | $788K | 20x | |
| Deribit SAGA_USDC-PERPETUAL | +0.037% | +0.0043% | 1h | $3K | $53 | 10x | as long as short |
| BingX SAGA-USDT | +0.067% | +0.0100% | 4h | — | $2.8M | — | as long as short |
| Gate SAGA_USDT | +0.243% | +0.0704% | 4h | $5.0M | $10.9M | 20x | as long as short |