SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h +0.009%

Price spread now: Kraken Futures against KuCoin−0.053%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$542as in the Funding arb table

Net, price: spread back to 7d avg − costs−$343as in the Price arb table

costs, in and out, $10k−$3443.442% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−1.979%−$198 on $10k

Price spread, last 3 days (all we have)−0.374%−$37 · spread now −0.053%, 7d avg −0.066%

Together, before fees−2.354%−$235 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SAGAUSDTM	0.03905	0.0100	pay 0.0050% / 4h	2h 35m	$771K	$2.8M	20x
Short	Kraken Futures PF_SAGAUSD	0.03903	−0.0039	pay 0.0005% / 1h	35m 32s	$69K	$652K	20x

Funding history

latest

Range statsloading…

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now −0.053%Rate

Slippage from KuCoin: live order book, 7 min ago; Kraken Futures: live order book, 33 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 7 min ago	16.40 bp	137.7 bp −$138	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 33 min ago	44.91 bp	57.8 bp −$58	doesn't fit	doesn't fit	doesn't fit

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	−0.1158%	1h	0.03885	−0.512%	$2.2M	$290K	3x	as long as short
Kraken Futures PF_SAGAUSDshort	−0.0039%	1h	0.03903	−0.053%	$69K	$652K	20x
BloFin SAGA-USDT	+0.0092%	4h	0.03964	+1.511%	$1.0M	$318K	20x	as long as short
Aster SAGAUSDT	+0.0100%	4h	0.03902	−0.070%	$70K	$834K	5x	as long as short
Binance SAGAUSDT	+0.0100%	4h	0.03906	+0.024%	$19.4M	$115.1M	20x	as long as short
Bybit SAGAUSDT	+0.0100%	4h	0.03907	+0.038%	$3.8M	$15.8M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.03920	+0.384%	$6.0M	$8.3M	20x	as long as short
MEXC SAGA_USDT	+0.0100%	4h	0.03905	0.000%	$2.6M	$5.4M	50x	as long as short
KuCoin SAGAUSDTMlong	+0.0100%	4h	0.03905	long leg	$771K	$2.8M	20x
Extended SAGA-USD	+0.0104%	1h	0.03905	+0.008%	$2K	$134K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SAGA-PERP-INTX	+0.0104%	1h	0.03871	−0.871%	$45K	$406K	25x	as long as short
BingX SAGA-USDT	+0.0150%	4h	0.03917	+0.307%	—	$2.0M	—	as long as short
Variational Omni SAGA	+0.0198%	4h	0.03906	+0.017%	$4K	$75K	—	as long as short
Deribit SAGA_USDC-PERPETUAL	+0.1032%	1h	0.03906	+0.026%	$3K	$28	10x	as long as short