Settings8H · net · $10k
Funding arb · Price arb /

TAG

all TAG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1130%/8h= +123.7% APRnext payment +$5.65 per $10,000 · paid last 24h +0.224%
Price spread now: Aster against Bitget−0.304%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.646%+$65 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.304% cheaper against Bitget than usual: you would sell low and buy high (spread −0.304% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 21 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.646% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.646% in total (about 33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAGUSDT0.00082690.0100pay 0.0050% / 4h3h 44m$3.8M$360K20x
ShortAster TAGUSDT0.00082440.1230get 0.0615% / 4h3h 44m$70K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$237.22
Price spread: −0.304% → 0.000%
−$30.35
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$186.86
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Bitget: live order book, 3 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago11.47 bp41.1 bp −$41757.0 bp −$7,570doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000TAGUSDT+0.0100%4h0.0008242−0.327%$546K$583K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008240−0.351%$1.5M$156K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008236−0.399%$133K$34K25xas long as short
Bitget TAGUSDTlong+0.0100%4h0.0008269long leg$3.8M$360K20x
Variational Omni TAG+0.0100%4h0.0008256−0.155%$370$471as long as short
BingX TAG-USDT+0.0966%4h0.0008261−0.097%$1.3Mas long as short
MEXC TAG_USDT+0.1016%4h0.0008271+0.024%$5.7M$139K100xas long as short
Binance TAGUSDT+0.1023%4h0.0008273+0.048%$6.6M$2.1M25xas long as short
Extended TAG-USD+0.1024%1h0.0008262−0.082%$1K$187K5xas long as short
Aster TAGUSDTshort+0.1230%4h0.0008244−0.304%$70K$6K5x