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

TAG

all TAG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1249%/8h= −136.7% APRnext payment $6.24 per $10,000 · paid last 24h −0.224%
Price spread now: KuCoin against Aster+0.087%7-day average · you sell dearer than you buy
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−0.646%−$65 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
The price spread pays, funding is against you. KuCoin is 0.087% dearer against Aster than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.646% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.646% in total (about -33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.24 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 TAGUSDT0.00083810.1349pay 0.0674% / 4h2h 27m$72K$6K5x
ShortKuCoin TAGUSDTM0.00083880.0100get 0.0050% / 4h2h 27m$136K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$262.25
Price spread: +0.087% → 0.000%
$8.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$273.54
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago81.64 bp689.2 bp −$689doesn'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
Gate TAG_USDT+0.0100%4h0.0008386+0.063%$1.5M$165K20xas long as short
KuCoin TAGUSDTMshort+0.0100%4h0.0008388+0.087%$136K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008421+0.481%$3.9M$377K20xas long as short
Variational Omni TAG+0.0100%4h0.0008409+0.334%$296$552as long as short
Bybit 1000TAGUSDT+0.0202%4h0.0008390+0.111%$578K$635K5xas long as short
BingX TAG-USDT+0.1184%4h0.0008401+0.242%$1.3Mas long as short
Binance TAGUSDT+0.1216%4h0.0008395+0.171%$6.6M$2.2M25xas long as short
Extended TAG-USD+0.1216%1h0.0008401+0.240%$959$185K5xas long as short
MEXC TAG_USDT+0.1234%4h0.0008408+0.326%$5.7M$137K100xas long as short
Aster TAGUSDTlong+0.1349%4h0.0008381long leg$72K$6K5x