Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Binance−0.059%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1561.562% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now −0.059%, 7d avg −0.099%
=The price spread pays, funding is against you. BingX is 0.039% dearer against Binance than usual: you sell high and buy low (spread −0.059% now, against its 7-day average of −0.099%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.249%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAGUSDT | 0.0008453 | 0.1149 | pay 0.0575% / 4h | 2h 07m | $6.7M | $2.2M | 25x |
| Short | BingX TAG-USDT | 0.0008448 | 0.1092 | get 0.0546% / 4h | 2h 07m | — | $1.3M | — |
Binance TAGUSDT
BingX TAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$12.06
- Price spread: −0.059% → −0.099%
- $3.94
- Slippage, 4 orders
- −$136.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$164.28
- Costs to cover
- 1.562%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BingX: live order book, 7 min ago.
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 Binance live order book, 16 min ago | 2.38 bp | 48.6 bp −$49 | 603.3 bp −$6,033 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 9.50 bp | 38.4 bp −$38 | 239.4 bp −$2,394 | doesn't fit | doesn't fit |
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 | 0.0008418 | −0.414% | $1.5M | $165K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008415 | −0.450% | $136K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008459 | +0.071% | $3.9M | $379K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008453 | 0.000% | $297 | $552 | — | as long as short |
| Bybit 1000TAGUSDT | +0.0249% | 4h | 0.0008448 | −0.059% | $579K | $638K | 5x | as long as short |
| BingX TAG-USDTshort | +0.1092% | 4h | 0.0008448 | −0.059% | — | $1.3M | — | |
| MEXC TAG_USDT | +0.1148% | 4h | 0.0008451 | −0.024% | $5.8M | $138K | 100x | as long as short |
| Binance TAGUSDTlong | +0.1149% | 4h | 0.0008453 | long leg | $6.7M | $2.2M | 25x | |
| Extended TAG-USD | +0.1152% | 1h | 0.0008454 | +0.013% | $2K | $182K | 5x | as long as short |
| Aster TAGUSDT | +0.1302% | 4h | 0.0008423 | −0.355% | $72K | $6K | 5x | as long as short |
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Bybit 1000TAGUSDT
MEXC TAG_USDT
Extended TAG-USD
Aster TAGUSDT