SAGA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h −0.033%

Price spread now: MEXC against Variational Omni+0.153%7-day average +0.109% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 3 days (all we have)−0.504%−$50 · spread now +0.153%, 7d avg +0.109%

Together, before fees−0.521%+ Points / potential airdropVariational Omni: Active · farm board−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.044% dearer against Variational Omni than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.109%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 3 days (−0.017% in total) that is about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SAGA	0.04024	0.0149	pay 0.0075% / 4h	1h 55m	$4K	$53K	—
Short	MEXC SAGA_USDT	0.04030	0.0100	get 0.0050% / 4h	1h 55m	$2.7M	$4.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$10.36
Price spread: +0.153% → +0.109%: $4.4
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$9.96
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	2.47 bp	12.3 bp −$12	70.5 bp −$705	634.4 bp −$63.4K	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 13 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
Hyperliquid SAGA	−0.1536%	1h	0.04000	−0.592%	$2.2M	$280K	3x	as long as short
Coinbase International SAGA-PERP-INTX	+0.0064%	1h	0.04029	+0.128%	$47K	$399K	25x	as long as short
Aster SAGAUSDT	+0.0100%	4h	0.04016	−0.186%	$72K	$802K	5x	as long as short
Binance SAGAUSDT	+0.0100%	4h	0.04019	−0.120%	$19.9M	$109.5M	20x	as long as short
Bybit SAGAUSDT	+0.0100%	4h	0.04022	−0.036%	$4.0M	$15.0M	20x	as long as short
Gate SAGA_USDT	+0.0100%	4h	0.04043	+0.476%	$6.2M	$7.9M	20x	as long as short
MEXC SAGA_USDTshort	+0.0100%	4h	0.04030	+0.153%	$2.7M	$4.8M	50x
KuCoin SAGAUSDTM	+0.0100%	4h	0.04010	−0.344%	$797K	$2.8M	20x	as long as short
BingX SAGA-USDT	+0.0100%	4h	0.04032	+0.203%	—	$2.0M	—	as long as short
Extended SAGA-USD	+0.0104%	1h	0.04015	−0.221%	$5K	$133K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SAGAUSD	+0.0129%	1h	0.04026	+0.053%	$71K	$649K	20x	as long as short
Variational Omni SAGAlong	+0.0149%	4h	0.04024	long leg	$4K	$53K	—
Deribit SAGA_USDC-PERPETUAL	+0.0997%	1h	0.04015	−0.220%	$3K	$28	10x	as long as short