After costs, if the gap returns to its 7d average, $10k−$129
spread now+0.100%7d average+0.084%fees + slippage, in and out−$130spread needed1.301%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAGA_USDT | 0.03783 | 0.0036 | pay 0.0018% / 4h | 3h 01m | $3.1M | $9.6M | 50x |
| Short | Bybit SAGAUSDT | 0.03787 | 0.0603 | get 0.0301% / 4h | 3h 01m | $4.1M | $29.3M | 20x |
MEXC SAGA_USDT
Bybit 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
- $10.04
- Funding while held
- $17.01
- Slippage, 4 orders
- −$115.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$103.08
- Spread needed to break even
- 1.301%
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0567%
- Per $10,000 a day
- +$17.01
- 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 MEXC live order book, 3 min ago | 2.62 bp | 11.1 bp −$11 | 92.8 bp −$928 | 701.3 bp −$70.1K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.40 bp | 59.1 bp −$59 | 171.9 bp −$1,719 | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03771cheapest
Coinbase InternationalMEXC0.03783+0.318%
Aster0.03783+0.331%BingX0.03784+0.345%Binance0.03786+0.386%Kraken Futures0.03786+0.401%
Aster
BingX
Binance
Kraken FuturesBybit0.03787+0.419%
BloFin0.03787+0.424%Deribit0.03788+0.451%Extended0.03789+0.483%Hyperliquid0.03791+0.530%KuCoin0.03794+0.610%Gate0.03809+1.008%Variational Omni0.03851+2.128%
BloFin
Deribit
Extended
Hyperliquid
KuCoin
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 | −0.317% | −0.3176% | 1h | $52K | $360K | 25x | as long as short |
| MEXC SAGA_USDTlong | 0.000% | +0.0036% | 4h | $3.1M | $9.6M | 50x | |
| Aster SAGAUSDT | +0.013% | +0.0002% | 4h | $82K | $1.2M | 5x | as long as short |
| BingX SAGA-USDT | +0.026% | +0.0578% | 4h | — | $2.6M | — | as long as short |
| Binance SAGAUSDT | +0.068% | +0.0037% | 4h | $19.1M | $194.4M | 20x | as long as short |
| Kraken Futures PF_SAGAUSD | +0.082% | −0.0172% | 1h | $83K | $739K | 20x | as long as short |
| Bybit SAGAUSDTshort | +0.100% | +0.0603% | 4h | $4.1M | $29.3M | 20x | |
| BloFin SAGA-USDT | +0.106% | −0.0011% | 4h | $1.0M | $700K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.132% | +0.1336% | 1h | $3K | $28 | 10x | as long as short |
| Extended SAGA-USD | +0.164% | +0.0040% | 1h | $3K | $175K | 5x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | +0.211% | −0.1711% | 1h | $2.1M | $409K | 3x | as long as short |
| KuCoin SAGAUSDTM | +0.291% | −0.0906% | 4h | $1.0M | $3.2M | 20x | as long as short |
| Gate SAGA_USDT | +0.687% | +0.2664% | 4h | $7.0M | $10.7M | 20x | as long as short |
| Variational Omni SAGA | +1.804% | +0.0100% | 4h | $3K | $163K | — | as long as short |