After costs, if the gap returns to its 7d average, $10k−$92
spread now−0.103%7d average−0.219%fees + slippage, in and out−$104spread needed1.040%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SAGA_USDT | 0.03298 | 0.0100 | pay 0.0050% / 4h | 32m 27s | $2.9M | $9.8M | 50x |
| Short | Kraken Futures PF_SAGAUSD | 0.03295 | −0.0675 | pay 0.0084% / 1h | 32m 27s | $72K | $723K | 20x |
MEXC SAGA_USDT
Kraken Futures PF_SAGAUSDPrice 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
- −$10.3
- Funding while held
- −$23.26
- Slippage, 4 orders
- −$89.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$137.54
- Spread needed to break even
- 1.040%
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0775%
- Per $10,000 a day
- −$23.26
- 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, 2 min ago | 3.01 bp | 11.5 bp −$11 | 31.5 bp −$315 | 570.2 bp −$57.0K | doesn't fit |
| Sell Kraken Futures live order book, 17 min ago | 24.97 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
SAGA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03160cheapestHyperliquid0.03291+4.146%Deribit0.03293+4.209%BloFin0.03293+4.209%Extended0.03294+4.226%
Coinbase International
Hyperliquid
Deribit
BloFin
ExtendedKraken Futures0.03295+4.260%
Aster0.03296+4.304%KuCoin0.03297+4.335%
Aster
KuCoinMEXC0.03298+4.367%
Binance0.03299+4.399%Bybit0.03304+4.547%Gate0.03310+4.747%BingX0.03315+4.905%Variational Omni0.03370+6.643%
Binance
Bybit
Gate
BingX
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 | −4.184% | −0.1168% | 1h | $47K | $274K | 25x | as long as short |
| Hyperliquid SAGA | −0.212% | −0.0725% | 1h | $1.8M | $641K | 3x | as long as short |
| Deribit SAGA_USDC-PERPETUAL | −0.152% | +0.0054% | 1h | $3K | $53 | 10x | as long as short |
| BloFin SAGA-USDT | −0.152% | +0.0123% | 4h | $913K | $635K | 20x | as long as short |
| Extended SAGA-USD | −0.135% | +0.0104% | 1h | $2K | $175K | 5x | as long as short |
| Kraken Futures PF_SAGAUSDshort | −0.103% | −0.0675% | 1h | $72K | $723K | 20x | |
| Aster SAGAUSDT | −0.061% | −0.0082% | 4h | $62K | $1.2M | 5x | as long as short |
| KuCoin SAGAUSDTM | −0.030% | −0.0448% | 4h | $543K | $3.1M | 20x | as long as short |
| MEXC SAGA_USDTlong | 0.000% | +0.0100% | 4h | $2.9M | $9.8M | 50x | |
| Binance SAGAUSDT | +0.030% | +0.0100% | 4h | $16.3M | $199.2M | 20x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SAGAUSDT | +0.173% | +0.0100% | 4h | $3.5M | $31.0M | 20x | as long as short |
| Gate SAGA_USDT | +0.364% | +0.0100% | 4h | $4.9M | $10.3M | 20x | as long as short |
| BingX SAGA-USDT | +0.515% | +0.0100% | 4h | — | $2.7M | — | as long as short |
| Variational Omni SAGA | +2.181% | +0.0100% | 4h | $10K | $165K | — | as long as short |