Settings8H · net · $10k
Funding arb · Price arb /

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.627%−$63 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAGUSDT0.00083180.1146pay 0.0573% / 4h1h 22m$71K$6K5x
ShortGate TAG_USDT0.00082940.0100get 0.0050% / 4h1h 22m$1.5M$162K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Gate live order book, 5 min ago12.05 bp292.7 bp −$293doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000TAGUSDT+0.0100%4h0.0008282−0.436%$537K$643K5xas long as short
Gate TAG_USDTshort+0.0100%4h0.0008294−0.292%$1.5M$162K20x
KuCoin TAGUSDTM+0.0100%4h0.0008345+0.321%$135K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008324+0.069%$3.9M$378K20xas long as short
Variational Omni TAG+0.0100%4h0.0008361+0.511%$294$552as long as short
BingX TAG-USDT+0.0961%4h0.0008301−0.208%$1.3Mas long as short
Binance TAGUSDT+0.0972%4h0.0008319+0.012%$6.6M$2.2M25xas long as short
MEXC TAG_USDT+0.0982%4h0.0008318−0.004%$5.7M$137K100xas long as short
Extended TAG-USD+0.0984%1h0.0008317−0.017%$3K$185K5xas long as short
Aster TAGUSDTlong+0.1146%4h0.0008318long leg$71K$6K5x