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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAGA | 0.03871 | 0.0179 | pay 0.0089% / 4h | 24m 33s | $4K | $45K | — |
| Short | Coinbase International SAGA-PERP-INTX | 0.03910 | 0.0080 | get 0.0010% / 1h | 24m 33s | $44K | $381K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 33 min ago | 48.22 bp | 143.4 bp −$143 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAGAUSD | −0.0264% | 1h | 0.03902 | +0.790% | $69K | $643K | 20x | as long as short |
| Hyperliquid SAGA | −0.0197% | 1h | 0.03867 | −0.107% | $2.1M | $263K | 3x | as long as short |
| BloFin SAGA-USDT | +0.0041% | 4h | 0.03878 | +0.177% | $985K | $212K | 20x | as long as short |
| Coinbase International SAGA-PERP-INTXshort | +0.0080% | 1h | 0.03910 | +1.004% | $44K | $381K | 25x | |
| Aster SAGAUSDT | +0.0100% | 4h | 0.03905 | +0.867% | $69K | $768K | 5x | as long as short |
| Binance SAGAUSDT | +0.0100% | 4h | 0.03903 | +0.814% | $19.3M | $101.3M | 20x | as long as short |
| Gate SAGA_USDT | +0.0100% | 4h | 0.03903 | +0.823% | $5.9M | $7.8M | 20x | as long as short |
| MEXC SAGA_USDT | +0.0100% | 4h | 0.03901 | +0.772% | $2.5M | $4.5M | 50x | as long as short |
| KuCoin SAGAUSDTM | +0.0100% | 4h | 0.03906 | +0.901% | $775K | $2.6M | 20x | as long as short |
| Extended SAGA-USD | +0.0104% | 1h | 0.03902 | +0.801% | $7K | $135K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAGAUSDT | +0.0125% | 4h | 0.03904 | +0.859% | $3.8M | $14.3M | 20x | as long as short |
| BingX SAGA-USDT | +0.0160% | 4h | 0.03903 | +0.823% | — | $2.0M | — | as long as short |
| Variational Omni SAGAlong | +0.0179% | 4h | 0.03871 | long leg | $4K | $45K | — | |
| Deribit SAGA_USDC-PERPETUAL | +0.1545% | 1h | 0.03908 | +0.952% | $3K | $28 | 10x | as long as short |
Variational Omni SAGA
Coinbase International SAGA-PERP-INTX
Kraken Futures PF_SAGAUSD
Hyperliquid SAGA
BloFin SAGA-USDT
Aster SAGAUSDT
Binance SAGAUSDT
Gate SAGA_USDT
MEXC SAGA_USDT
KuCoin SAGAUSDTM
Extended SAGA-USD
Bybit SAGAUSDT
BingX SAGA-USDT
Deribit SAGA_USDC-PERPETUAL