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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against Bitget+0.036%7-day average −0.283% · you sell dearer than you buy
Net, funding: paid 7d − costs−$492as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4944.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.357%−$36 · spread now +0.036%, 7d avg −0.283%
Together, before fees−0.338%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.318% dearer against Bitget than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.283%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAGUSDT0.00084300.0100pay 0.0050% / 4h2h 11m$3.9M$377K20x
ShortGate TAG_USDT0.00084330.0100get 0.0050% / 4h2h 11m$1.5M$165K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.036% → −0.283%
$31.84
Slippage, 4 orders
−$467.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$462.25
Costs to cover
4.941%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago10.64 bp67.8 bp −$681069.5 bp −$10.7Kdoesn't fitdoesn't fit
Sell Gate live order book, just now11.25 bp165.3 bp −$165doesn't fitdoesn't fitdoesn't fit

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
Gate TAG_USDTshort+0.0100%4h0.0008433+0.036%$1.5M$165K20x
KuCoin TAGUSDTM+0.0100%4h0.0008405−0.297%$136K$34K25xas long as short
Bitget TAGUSDTlong+0.0100%4h0.0008430long leg$3.9M$377K20x
Variational Omni TAG+0.0100%4h0.0008388−0.493%$295$552as long as short
Bybit 1000TAGUSDT+0.0201%4h0.0008455+0.297%$581K$638K5xas long as short
BingX TAG-USDT+0.1092%4h0.0008462+0.380%$1.3Mas long as short
MEXC TAG_USDT+0.1150%4h0.0008462+0.380%$5.8M$138K100xas long as short
Binance TAGUSDT+0.1150%4h0.0008450+0.237%$6.7M$2.2M25xas long as short
Extended TAG-USD+0.1152%1h0.0008461+0.367%$963$180K5xas long as short
Aster TAGUSDT+0.1301%4h0.0008431+0.014%$72K$6K5xas long as short