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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0750%/8h= −82.1% APRnext payment $3.75 per $10,000 · paid last 24h −0.190%
Price spread now: Variational Omni against Aster+0.187%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.187% dearer against Aster than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAGUSDT0.00081900.0850pay 0.0425% / 4h1h 49m$70K$6K5x
ShortVariational Omni TAG0.00082050.0100get 0.0050% / 4h1h 49m$760$82

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$157.43
Price spread: +0.187% → 0.000%
$18.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$146.75
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Aster and Variational Omni: 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
Binance TAGUSDT+0.0100%4h0.0008203+0.159%$6.5M$2.1M25xas long as short
Bybit 1000TAGUSDT+0.0100%4h0.0008178−0.147%$544K$579K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008182−0.098%$1.4M$152K20xas long as short
MEXC TAG_USDT+0.0100%4h0.0008197+0.085%$5.6M$138K100xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008189−0.012%$132K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008222+0.391%$3.8M$358K20xas long as short
BingX TAG-USDT+0.0100%4h0.0008189−0.012%$1.3Mas long as short
Variational Omni TAGshort+0.0100%4h0.0008205+0.187%$760$82
Extended TAG-USD+0.0104%1h0.0008202+0.143%$2K$187K5xas long as short
Aster TAGUSDTlong+0.0850%4h0.0008190long leg$70K$6K5x