After costs, if the gap returns to its 7d average, $10k−$338
spread now+0.504%7d average+0.169%fees + slippage, in and out−$372spread needed3.719%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAGA_USDT | 0.03573 | −0.0038 | get 0.0019% / 4h | 3h 53m | $3.0M | $9.4M | 50x |
| Short | Gate SAGA_USDT | 0.03591 | 0.4324 | get 0.2162% / 4h | 3h 53m | $6.6M | $10.2M | 20x |
MEXC SAGA_USDT
Gate 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
- $50.38
- Funding while held
- $130.86
- Slippage, 4 orders
- −$352.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.66
- Spread needed to break even
- 3.719%
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.4362%
- Per $10,000 a day
- +$130.86
- 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, 1 min ago | 1.40 bp | 15.9 bp −$16 | 90.5 bp −$905 | 675.4 bp −$67.5K | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.64 bp | 146.3 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Hyperliquid0.03558cheapestBloFin0.03561+0.084%Aster0.03563+0.141%Deribit0.03564+0.169%BingX0.03568+0.281%Extended0.03572+0.393%Kraken Futures0.03572+0.396%
Hyperliquid
BloFin
Aster
Deribit
BingX
Extended
Kraken FuturesMEXC0.03573+0.422%
Binance0.03576+0.512%Bybit0.03579+0.582%KuCoin0.03588+0.843%Coinbase International0.03590+0.899%
Binance
Bybit
KuCoin
Coinbase InternationalGate0.03591+0.927%
Variational Omni0.03626+1.902%
Variational OmniSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGA | −0.420% | −0.3368% | 1h | $2.0M | $486K | 3x | as long as short |
| BloFin SAGA-USDT | −0.336% | −0.0073% | 4h | $785K | $668K | 20x | as long as short |
| Aster SAGAUSDT | −0.280% | −0.0140% | 4h | $69K | $1.2M | 5x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.252% | +0.0592% | 1h | $3K | $28 | 10x | as long as short |
| BingX SAGA-USDT | −0.140% | +0.7700% | 4h | — | $2.7M | — | as long as short |
| Extended SAGA-USD | −0.028% | −0.0040% | 1h | $2K | $175K | 5x | as long as short |
| Kraken Futures PF_SAGAUSD | −0.026% | −0.0182% | 1h | $74K | $729K | 20x | as long as short |
| MEXC SAGA_USDTlong | 0.000% | −0.0038% | 4h | $3.0M | $9.4M | 50x | |
| Binance SAGAUSDT | +0.090% | −0.0038% | 4h | $17.9M | $199.2M | 20x | as long as short |
| Bybit SAGAUSDT | +0.160% | +0.2268% | 4h | $3.8M | $30.6M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SAGAUSDTM | +0.420% | −0.1474% | 4h | $880K | $3.2M | 20x | as long as short |
| Coinbase International SAGA-PERP-INTX | +0.476% | −0.3176% | 1h | $50K | $337K | 25x | as long as short |
| Gate SAGA_USDTshort | +0.504% | +0.4324% | 4h | $6.6M | $10.2M | 20x | |
| Variational Omni SAGA | +1.474% | +0.0100% | 4h | $3K | $172K | — | as long as short |