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
Funding, last 7 days−0.646%−$65 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAGUSDT | 0.0008381 | 0.1349 | pay 0.0674% / 4h | 2h 27m | $72K | $6K | 5x |
| Short | KuCoin TAGUSDTM | 0.0008388 | 0.0100 | get 0.0050% / 4h | 2h 27m | $136K | $34K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 81.64 bp | 689.2 bp −$689 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TAG_USDT | +0.0100% | 4h | 0.0008386 | +0.063% | $1.5M | $165K | 20x | as long as short |
| KuCoin TAGUSDTMshort | +0.0100% | 4h | 0.0008388 | +0.087% | $136K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008421 | +0.481% | $3.9M | $377K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008409 | +0.334% | $296 | $552 | — | as long as short |
| Bybit 1000TAGUSDT | +0.0202% | 4h | 0.0008390 | +0.111% | $578K | $635K | 5x | as long as short |
| BingX TAG-USDT | +0.1184% | 4h | 0.0008401 | +0.242% | — | $1.3M | — | as long as short |
| Binance TAGUSDT | +0.1216% | 4h | 0.0008395 | +0.171% | $6.6M | $2.2M | 25x | as long as short |
| Extended TAG-USD | +0.1216% | 1h | 0.0008401 | +0.240% | $959 | $185K | 5x | as long as short |
| MEXC TAG_USDT | +0.1234% | 4h | 0.0008408 | +0.326% | $5.7M | $137K | 100x | as long as short |
| Aster TAGUSDTlong | +0.1349% | 4h | 0.0008381 | long leg | $72K | $6K | 5x |
Aster TAGUSDT
KuCoin TAGUSDTM
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
Bybit 1000TAGUSDT
BingX TAG-USDT
Binance TAGUSDT
Extended TAG-USD
MEXC TAG_USDT