Funding you earn now, next payment 04:00 UTC−0.1039%/8h= −113.8% APRnext payment −$5.20 per $10,000 · paid last 24h −0.224%
Price spread now: Bybit against Aster−0.303%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Bybit is 0.303% cheaper against Aster than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.360% in total (about -18.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAGUSDT | 0.0008309 | 0.1139 | pay 0.0570% / 4h | 1h 20m | $71K | $6K | 5x |
| Short | Bybit 1000TAGUSDT | 0.0008284 | 0.0100 | get 0.0050% / 4h | 1h 20m | $538K | $660K | 5x |
Aster TAGUSDT
Bybit 1000TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$218.22
- Price spread: −0.303% → 0.000%
- −$30.33
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$267.55
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 35 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 35 min ago | 3.57 bp | 93.9 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
Aster: 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.
TAG on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000TAGUSDTshort | +0.0100% | 4h | 0.0008284 | −0.303% | $538K | $660K | 5x | |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008298 | −0.135% | $1.5M | $163K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008313 | +0.046% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008329 | +0.238% | $3.9M | $376K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008313 | +0.045% | $293 | $552 | — | as long as short |
| BingX TAG-USDT | +0.0958% | 4h | 0.0008307 | −0.026% | — | $1.3M | — | as long as short |
| MEXC TAG_USDT | +0.0964% | 4h | 0.0008321 | +0.142% | $5.7M | $137K | 100x | as long as short |
| Binance TAGUSDT | +0.0965% | 4h | 0.0008321 | +0.144% | $6.6M | $2.2M | 25x | as long as short |
| Extended TAG-USD | +0.0968% | 1h | 0.0008319 | +0.122% | $3K | $185K | 5x | as long as short |
| Aster TAGUSDTlong | +0.1139% | 4h | 0.0008309 | long leg | $71K | $6K | 5x |
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
MEXC TAG_USDT
Binance TAGUSDT
Extended TAG-USD