Funding you earn now, next payment 08:00 UTC−0.0468%/8h= −51.2% APRnext payment −$2.34 per $10,000 · paid last 24h −0.066%
Price spread now: Gate against BingX+0.024%7-day average −0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4444.441% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 7 days−0.249%−$25 · spread now +0.024%, 7d avg −0.181%
=The price spread pays, funding is against you. Gate is 0.205% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.181%): +$21 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.336% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAG-USDT | 0.0008232 | 0.0568 | pay 0.0284% / 4h | 2h 31m | — | $1.3M | — |
| Short | Gate TAG_USDT | 0.0008234 | 0.0100 | get 0.0050% / 4h | 2h 31m | $1.5M | $142K | 20x |
BingX TAG-USDT
Gate TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$98.28
- Price spread: +0.024% → −0.181%
- $20.52
- Slippage, 4 orders
- −$419.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$521.85
- Costs to cover
- 4.441%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, just now.
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, 9 min ago | 9.15 bp | 29.4 bp −$29 | 357.1 bp −$3,571 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 14.57 bp | 172.4 bp −$172 | 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 | 0.0008226 | −0.073% | $528K | $601K | 5x | as long as short |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008234 | +0.024% | $1.5M | $142K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008256 | +0.292% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008257 | +0.304% | $3.8M | $331K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008241 | +0.112% | $290 | $1K | — | as long as short |
| BingX TAG-USDTlong | +0.0568% | 4h | 0.0008232 | long leg | — | $1.3M | — | |
| MEXC TAG_USDT | +0.0604% | 4h | 0.0008245 | +0.158% | $5.6M | $145K | 100x | as long as short |
| Binance TAGUSDT | +0.0606% | 4h | 0.0008245 | +0.157% | $6.5M | $2.1M | 25x | as long as short |
| Extended TAG-USD | +0.0608% | 1h | 0.0008242 | +0.124% | $2K | $266K | 5x | as long as short |
| Aster TAGUSDT | +0.0702% | 4h | 0.0008237 | +0.062% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
MEXC TAG_USDT
Binance TAGUSDT
Extended TAG-USD
Aster TAGUSDT