SAGA 永续合约资金费率 — 各交易所对比
Best Spread
3252.2% APR
Long (Lowest)
HyperliquidShort (Highest)
Gate.ioMark Price
$0.0695
Total OI
$99.0M
24h Volume
$475.5M
Funding Rates by Exchange
+3230.71%
Interval
4h
Open Interest
$16.0M
Mark Price
$0.0717
+98.66%
Interval
4h
Open Interest
$6.9M
Mark Price
$0.0703
+79.16%
Interval
4h
Open Interest
$97K
Mark Price
$0.0696
+61.80%
Interval
4h
Open Interest
$162K
Mark Price
$0.0689
+44.49%
Interval
4h
Open Interest
$3.1M
Mark Price
$0.0689
+19.06%
Interval
4h
Open Interest
$63K
Mark Price
$0.0701
+17.80%
Interval
4h
Open Interest
$36.6M
Mark Price
$0.069
+17.80%
Interval
4h
Open Interest
$11.3M
Mark Price
$0.0689
+17.62%
Interval
4h
Open Interest
$13.3M
Mark Price
$0.0689
+17.62%
Interval
4h
Open Interest
—
Mark Price
$0.0702
+17.53%
Interval
4h
Open Interest
$4.2M
Mark Price
$0.0688
+17.53%
Interval
1h
Open Interest
$2K
Mark Price
$0.069
+16.53%
Interval
4h
Open Interest
—
Mark Price
$0.0689
+14.03%
Interval
4h
Open Interest
$1.3M
Mark Price
$0.0689
+13.70%
Interval
4h
Open Interest
$2.0M
Mark Price
$0.0703
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.0689
-21.53%
Interval
1h
Open Interest
$1.3M
Mark Price
$0.0692
-21.53%
Interval
1h
Open Interest
$1.3M
Mark Price
$0.0692
-21.53%
Interval
1h
Open Interest
$1.3M
Mark Price
$0.0692
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Gate.ioBest Short | +3230.71% | 4h | $16.0M | $0.0717 |
 Bybit | +98.66% | 4h | $6.9M | $0.0703 |
 Variational | +79.16% | 4h | $97K | $0.0696 |
 Aster | +61.80% | 4h | $162K | $0.0689 |
 BingX | +44.49% | 4h | $3.1M | $0.0689 |
 Pionex | +19.06% | 4h | $63K | $0.0701 |
 Binance Futures | +17.80% | 4h | $36.6M | $0.069 |
 Toobit | +17.80% | 4h | $11.3M | $0.0689 |
 WEEX | +17.62% | 4h | $13.3M | $0.0689 |
 LBank | +17.62% | 4h | — | $0.0702 |
 MEXC | +17.53% | 4h | $4.2M | $0.0688 |
 Extended | +17.53% | 1h | $2K | $0.069 |
 Bitunix | +16.53% | 4h | — | $0.0689 |
 KuCoin | +14.03% | 4h | $1.3M | $0.0689 |
 BloFin | +13.70% | 4h | $2.0M | $0.0703 |
 CoinW | +10.96% | 4h | — | $0.0689 |
| HyperliquidBest Long | -21.53% | 1h | $1.3M | $0.0692 |
 dreamcash | -21.53% | 1h | $1.3M | $0.0692 |
 Ventuals | -21.53% | 1h | $1.3M | $0.0692 |
SAGA 资金费率的含义
资金费率数据更新于 2026-09-25 01:20 UTC
ORBIT 按交易所实时汇总 SAGA 永续合约在 19 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 SAGA 的年化资金费率从 Ventuals 的 -21.53% 到 Gate.io 的 +3230.71% 不等。
SAGA 当前最大的跨所资金费率价差为年化 3252.2%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Hyperliquid 做多，在费率最高的 Gate.io 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
SAGA 在所跟踪的永续品种中持仓量排名第 78，各交易所合计持仓量 $99.0M，24 小时成交量 $475.5M，成交量加权标记价格 $0.0695。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 SAGA 资金费率最高？
- Gate.io，年化 +3230.71%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，SAGA 应在哪家交易所做多？
- Ventuals 的 SAGA 资金费率最低，为年化 -21.53%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- SAGA 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Hyperliquid 做多 / Gate.io 做空，扣除成本前约为年化 3252.2%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- SAGA 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- SAGA 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -21.53% 到 +3230.71%——正是这种分歧创造了跨所套利机会。