Settings8H · net · $10k
Funding arb · Price arb /

SAGA

all SAGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.345%
Price spread now: Coinbase International against Variational Omni+1.004%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Coinbase International is 1.004% dearer against Variational Omni than usual: you sell high and buy low (spread +1.004% now, against zero (this spread has no 7-day history yet)): +$100 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAGA0.038710.0179pay 0.0089% / 4h24m 33s$4K$45K
ShortCoinbase International SAGA-PERP-INTX0.039100.0080get 0.0010% / 1h24m 33s$44K$381K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.69
Price spread: +1.004% → 0.000%
$100.4
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$69.71
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Coinbase International: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Coinbase International live order book, 33 min ago48.22 bp143.4 bp −$143doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SAGA on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SAGAUSD−0.0264%1h0.03902+0.790%$69K$643K20xas long as short
Hyperliquid SAGA−0.0197%1h0.03867−0.107%$2.1M$263K3xas long as short
BloFin SAGA-USDT+0.0041%4h0.03878+0.177%$985K$212K20xas long as short
Coinbase International SAGA-PERP-INTXshort+0.0080%1h0.03910+1.004%$44K$381K25x
Aster SAGAUSDT+0.0100%4h0.03905+0.867%$69K$768K5xas long as short
Binance SAGAUSDT+0.0100%4h0.03903+0.814%$19.3M$101.3M20xas long as short
Gate SAGA_USDT+0.0100%4h0.03903+0.823%$5.9M$7.8M20xas long as short
MEXC SAGA_USDT+0.0100%4h0.03901+0.772%$2.5M$4.5M50xas long as short
KuCoin SAGAUSDTM+0.0100%4h0.03906+0.901%$775K$2.6M20xas long as short
Extended SAGA-USD+0.0104%1h0.03902+0.801%$7K$135K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SAGAUSDT+0.0125%4h0.03904+0.859%$3.8M$14.3M20xas long as short
BingX SAGA-USDT+0.0160%4h0.03903+0.823%$2.0Mas long as short
Variational Omni SAGAlong+0.0179%4h0.03871long leg$4K$45K
Deribit SAGA_USDC-PERPETUAL+0.1545%1h0.03908+0.952%$3K$2810xas long as short