Kinda looks like an impedance mismatch.
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Thanks for taking a look! SG is set to 50Ohm output, cable is 50Ohm, terminated "through" 50Ohm at scope end. Also, SG output looks normal on a different scope (same cable/terminator arrangement). Not sure what else I could do to match the impedance here.
Yup, seen that for sure.
Did you try turning the little adjustment knob in your probe to calibrate it? Sometimes needs a small screwdriver. Here's a reference:
https://www.elecrow.com/download/HowToCalibrate10xProbe.pdf
What I'm referring to is labelled 'Cap Trimmer'. The document also has some waveform images that match your problem.
I have a Siglent and it looked like this at the dealership, then they adjusted the probe a bit, and then it was 100% fine.
Thanks but unfortunately this is not a probe cal problem. Note that the issue is seen even in a 50Ohm environment, no probes.