SAGA funding rates

SAGA perpetual funding is currently quoted across 5 venues, ranging from -360.8% to +113.0% APR. The most reliable delta-neutral pairing for SAGA right now is long Kraken / short Hyperliquid at +445.2% net APR (high risk, ~0.3d to break even).

as of 2026-07-29 10:42 UTC
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+445.2% net APR
Backtested (30d)
+82.4%
Stability
83.2%
Risk
high
Breakeven
~0.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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SAGA funding by exchange

ExchangeFunding APR
Hyperliquid+113.03%
dYdX+10.95%
Variational+10.95%
Aster-26.93%
Kraken-360.75%

Frequently asked

What is the SAGA funding rate right now?

SAGA perpetual funding ranges from -360.75% to 113.03% APR across 5 exchanges we track; the widest delta-neutral spread is long Kraken / short Hyperliquid at 445.2% net APR.

Which exchange has the highest SAGA funding rate?

Hyperliquid currently has the highest at 113.03% APR. See the full ranking above.