Funding you earn now, next payment 04:00 UTC−0.1046%/8h= −114.5% APRnext payment −$5.23 per $10,000 · paid last 24h −0.220%
Price spread now: Gate against Aster−0.292%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−0.627%−$63 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 Gate is 0.292% cheaper against Aster than usual: you would sell low and buy high (−$29 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 -0.627% in total (about -32.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.23 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 | 0.0008318 | 0.1146 | pay 0.0573% / 4h | 1h 22m | $71K | $6K | 5x |
| Short | Gate TAG_USDT | 0.0008294 | 0.0100 | get 0.0050% / 4h | 1h 22m | $1.5M | $162K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$219.61
- Price spread: −0.292% → 0.000%
- −$29.21
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$271.82
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago | 12.05 bp | 292.7 bp −$293 | 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 1000TAGUSDT | +0.0100% | 4h | 0.0008282 | −0.436% | $537K | $643K | 5x | as long as short |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008294 | −0.292% | $1.5M | $162K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008345 | +0.321% | $135K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008324 | +0.069% | $3.9M | $378K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008361 | +0.511% | $294 | $552 | — | as long as short |
| BingX TAG-USDT | +0.0961% | 4h | 0.0008301 | −0.208% | — | $1.3M | — | as long as short |
| Binance TAGUSDT | +0.0972% | 4h | 0.0008319 | +0.012% | $6.6M | $2.2M | 25x | as long as short |
| MEXC TAG_USDT | +0.0982% | 4h | 0.0008318 | −0.004% | $5.7M | $137K | 100x | as long as short |
| Extended TAG-USD | +0.0984% | 1h | 0.0008317 | −0.017% | $3K | $185K | 5x | as long as short |
| Aster TAGUSDTlong | +0.1146% | 4h | 0.0008318 | long leg | $71K | $6K | 5x |
Aster TAGUSDT
Gate TAG_USDT
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Binance TAGUSDT
MEXC TAG_USDT
Extended TAG-USD