After costs, if the gap returns to its 7d average, $10k−$120
spread now−0.594%7d average−0.127%fees + slippage, in and out−$73spread needed0.734%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAGA_USDT | 0.03366 | 0.0100 | pay 0.0050% / 4h | 53m 51s | $3.0M | $9.7M | 50x |
| Short | Hyperliquid SAGA | 0.03346 | −0.1538 | pay 0.0192% / 1h | 53m 51s | $1.9M | $829K | 3x |
MEXC SAGA_USDT
Hyperliquid SAGAPrice 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
- −$59.42
- Funding while held
- −$49.14
- Slippage, 4 orders
- −$60.39
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$181.94
- Spread needed to break even
- 0.734%
Slippage from MEXC: live order book, 6 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1638%
- Per $10,000 a day
- −$49.14
- 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, 6 min ago | 1.49 bp | 9.7 bp −$10 | 47.3 bp −$473 | 605.6 bp −$60.6K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.49 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Hyperliquid0.03346cheapest
Coinbase International0.03351+0.149%BloFin0.03365+0.568%
Coinbase International
BloFinMEXC0.03366+0.598%
Variational Omni0.03368+0.655%KuCoin0.03368+0.658%Extended0.03369+0.682%Aster0.03369+0.702%Binance0.03370+0.711%Bybit0.03372+0.762%Kraken Futures0.03372+0.779%Deribit0.03373+0.807%BingX0.03374+0.837%Gate0.03379+0.986%
Variational Omni
KuCoin
Extended
Aster
Binance
Bybit
Kraken Futures
Deribit
BingX
GateSAGA on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SAGAshort | −0.594% | −0.1538% | 1h | $1.9M | $829K | 3x | |
| Coinbase International SAGA-PERP-INTX | −0.446% | −0.1168% | 1h | $48K | $301K | 25x | as long as short |
| BloFin SAGA-USDT | −0.030% | +0.0046% | 4h | $915K | $660K | 20x | as long as short |
| MEXC SAGA_USDTlong | 0.000% | +0.0100% | 4h | $3.0M | $9.7M | 50x | |
| Variational Omni SAGA | +0.057% | +0.0100% | 4h | $10K | $171K | — | as long as short |
| KuCoin SAGAUSDTM | +0.059% | −0.0244% | 4h | $555K | $3.2M | 20x | as long as short |
| Extended SAGA-USD | +0.084% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| Aster SAGAUSDT | +0.103% | +0.0100% | 4h | $63K | $1.2M | 5x | as long as short |
| Binance SAGAUSDT | +0.113% | +0.0100% | 4h | $16.7M | $203.0M | 20x | as long as short |
| Bybit SAGAUSDT | +0.163% | +0.0100% | 4h | $3.5M | $31.7M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | +0.180% | −0.0660% | 1h | $73K | $765K | 20x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | +0.208% | +0.0343% | 1h | $3K | $53 | 10x | as long as short |
| BingX SAGA-USDT | +0.238% | +0.0100% | 4h | — | $2.8M | — | as long as short |
| Gate SAGA_USDT | +0.386% | +0.0160% | 4h | $5.0M | $10.3M | 20x | as long as short |