Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BingX+0.158%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now +0.158%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.059% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.100%. Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAG-USDT | 0.0008204 | 0.0364 | pay 0.0182% / 4h | 58m 28s | — | $1.3M | — |
| Short | Binance TAGUSDT | 0.0008217 | 0.0388 | get 0.0194% / 4h | 58m 28s | $6.5M | $2.1M | 25x |
BingX TAG-USDT
Binance TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $5
- Price spread: +0.158% → +0.100%
- $5.88
- Slippage, 4 orders
- −$128.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$137.4
- Costs to cover
- 1.483%
- Break-even
- 199.4 days
Slippage from BingX: live order book, 12 min ago; Binance: live order book, 10 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 BingX live order book, 12 min ago | 9.81 bp | 28.7 bp −$29 | 301.2 bp −$3,012 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.84 bp | 42.9 bp −$43 | 307.4 bp −$3,074 | 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 | 0.0008184 | −0.244% | $543K | $582K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008170 | −0.414% | $1.4M | $152K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008173 | −0.378% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008190 | −0.171% | $3.8M | $359K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008173 | −0.373% | $366 | $471 | — | as long as short |
| BingX TAG-USDTlong | +0.0364% | 4h | 0.0008204 | long leg | — | $1.3M | — | |
| Extended TAG-USD | +0.0384% | 1h | 0.0008211 | +0.089% | $2K | $187K | 5x | as long as short |
| MEXC TAG_USDT | +0.0386% | 4h | 0.0008214 | +0.122% | $5.6M | $138K | 100x | as long as short |
| Binance TAGUSDTshort | +0.0388% | 4h | 0.0008217 | +0.158% | $6.5M | $2.1M | 25x | |
| Aster TAGUSDT | +0.0930% | 4h | 0.0008182 | −0.267% | $70K | $7K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT