Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.036%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.036%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.023% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAGUSDT | 0.0008253 | 0.0779 | pay 0.0389% / 4h | 48m 04s | $6.5M | $2.2M | 25x |
| Short | MEXC TAG_USDT | 0.0008256 | 0.0792 | get 0.0396% / 4h | 48m 04s | $5.6M | $132K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $2.73
- Price spread: +0.036% → +0.014%
- $2.25
- Slippage, 4 orders
- −$143.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$152.07
- Costs to cover
- 1.571%
- Break-even
- 396.3 days
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 3.00 bp | 51.3 bp −$51 | 558.0 bp −$5,580 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.60 bp | 26.8 bp −$27 | 78.5 bp −$785 | 187.0 bp −$18.7K | 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 | 0.0008225 | −0.339% | $533K | $634K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008236 | −0.206% | $1.5M | $159K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008256 | +0.036% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008267 | +0.170% | $3.8M | $372K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008287 | +0.413% | $291 | $552 | — | as long as short |
| Extended TAG-USD | +0.0776% | 1h | 0.0008253 | +0.001% | $1K | $186K | 5x | as long as short |
| Binance TAGUSDTlong | +0.0779% | 4h | 0.0008253 | long leg | $6.5M | $2.2M | 25x | |
| BingX TAG-USDT | +0.0782% | 4h | 0.0008237 | −0.194% | — | $1.3M | — | as long as short |
| MEXC TAG_USDTshort | +0.0792% | 4h | 0.0008256 | +0.036% | $5.6M | $132K | 100x | |
| Aster TAGUSDT | +0.0965% | 4h | 0.0008252 | −0.010% | $70K | $6K | 5x | as long as short |
Binance TAGUSDT
MEXC TAG_USDT
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Extended TAG-USD
BingX TAG-USDT
Aster TAGUSDT