Funding you earn now, next payment 12:00 UTC−0.0523%/8h= −57.3% APRnext payment −$2.62 per $10,000 · paid last 24h −0.073%
Price spread now: KuCoin against Binance−0.157%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,853as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,850as in the Price arb table
costs, in and out, $10k−$1,84218.425% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.157%, 7d avg −0.081%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.076% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 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 | Binance TAGUSDT | 0.0008281 | 0.0623 | pay 0.0312% / 4h | 3h 55m | $6.6M | $2.1M | 25x |
| Short | KuCoin TAGUSDTM | 0.0008268 | 0.0100 | get 0.0050% / 4h | 3h 55m | $134K | $34K | 25x |
Binance TAGUSDT
KuCoin TAGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$109.86
- Price spread: −0.157% → −0.081%
- −$7.62
- Slippage, 4 orders
- −$1,820.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,959.93
- Costs to cover
- 18.425%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 35 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, 13 min ago | 1.81 bp | 30.5 bp −$31 | 528.1 bp −$5,281 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 92.61 bp | 548.2 bp −$548 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000TAGUSDT | +0.0100% | 4h | 0.0008261 | −0.242% | $526K | $605K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008273 | −0.097% | $1.5M | $142K | 20x | as long as short |
| KuCoin TAGUSDTMshort | +0.0100% | 4h | 0.0008268 | −0.157% | $134K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008298 | +0.205% | $3.9M | $352K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008300 | +0.231% | $292 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0618% | 4h | 0.0008271 | −0.121% | — | $1.3M | — | as long as short |
| Binance TAGUSDTlong | +0.0623% | 4h | 0.0008281 | long leg | $6.6M | $2.1M | 25x | |
| Extended TAG-USD | +0.0624% | 1h | 0.0008284 | +0.037% | $2K | $200K | 5x | as long as short |
| MEXC TAG_USDT | +0.0626% | 4h | 0.0008283 | +0.024% | $5.7M | $219K | 100x | as long as short |
| Aster TAGUSDT | +0.0733% | 4h | 0.0008280 | −0.012% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT