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+0.0207%/8h= +22.7% APRnext payment +$1.04 per $10,000 · paid last 24h +0.179%
Price spread now: Aster against Binance−0.387%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+0.567%+$57 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
Funding pays, the price is against you. Aster is 0.387% cheaper against Binance than usual: you would sell low and buy high (spread −0.387% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 6.2 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAGUSDT0.00082720.1030pay 0.0515% / 4h3h 43m$6.6M$2.1M25x
ShortAster TAGUSDT0.00082400.1238get 0.0619% / 4h3h 43m$70K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$43.5
Price spread: −0.387% → 0.000%
−$38.68
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.19
Costs to cover
0.180%
Break-even
9.1 days
Slippage unknown: Binance: live order book, 10 min ago; Aster: 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 Binance live order book, 10 min ago1.82 bp45.5 bp −$45570.9 bp −$5,709doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.0008244−0.338%$546K$583K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008236−0.435%$1.5M$156K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008235−0.447%$133K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008269−0.036%$3.8M$360K20xas long as short
Variational Omni TAG+0.0100%4h0.0008256−0.191%$370$471as long as short
BingX TAG-USDT+0.0966%4h0.0008256−0.193%$1.3Mas long as short
MEXC TAG_USDT+0.1030%4h0.0008275+0.036%$5.7M$139K100xas long as short
Binance TAGUSDTlong+0.1030%4h0.0008272long leg$6.6M$2.1M25x
Extended TAG-USD+0.1032%1h0.0008262−0.117%$1K$187K5xas long as short
Aster TAGUSDTshort+0.1238%4h0.0008240−0.387%$70K$6K5x