Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BingX+0.012%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 7 days+0.225%+$23 · spread now +0.012%, 7d avg +0.114%
=Funding pays, the price is against you. MEXC is 0.102% cheaper against BingX than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.114%). If the spread goes back, that is −$10 on $10k: about 5.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.254%, 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 | 0.0008210 | 0.0816 | pay 0.0408% / 4h | 4m 52s | — | $1.3M | — |
| Short | MEXC TAG_USDT | 0.0008211 | 0.0876 | get 0.0438% / 4h | 4m 52s | $5.6M | $143K | 100x |
BingX TAG-USDT
MEXC TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $12.6
- Price spread: +0.012% → +0.114%
- −$10.2
- Slippage, 4 orders
- −$103.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.08
- Costs to cover
- 1.175%
- Break-even
- 70.9 days
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago | 7.92 bp | 25.6 bp −$26 | 312.5 bp −$3,125 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.04 bp | 30.8 bp −$31 | 81.2 bp −$812 | 176.9 bp −$17.7K | 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 | 0.0008193 | −0.207% | $541K | $592K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008191 | −0.231% | $1.4M | $156K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008182 | −0.341% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008232 | +0.268% | $3.8M | $353K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008213 | +0.035% | $368 | $471 | — | as long as short |
| BingX TAG-USDTlong | +0.0816% | 4h | 0.0008210 | long leg | — | $1.3M | — | |
| MEXC TAG_USDTshort | +0.0876% | 4h | 0.0008211 | +0.012% | $5.6M | $143K | 100x | |
| Binance TAGUSDT | +0.0886% | 4h | 0.0008218 | +0.097% | $6.5M | $2.0M | 25x | as long as short |
| Extended TAG-USD | +0.0888% | 1h | 0.0008216 | +0.078% | $2K | $187K | 5x | as long as short |
| Aster TAGUSDT | +0.1143% | 4h | 0.0008186 | −0.296% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Binance TAGUSDT
Extended TAG-USD
Aster TAGUSDT