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 0.000%
Price spread now: KuCoin against Bitget−0.392%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,155as in the Price arb table
costs, in and out, $10k−$1,12511.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.392%, 7d avg −0.090%
Together, before fees+0.010%+$1 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: KuCoin is 0.301% cheaper against Bitget than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAGUSDT0.00084210.0100pay 0.0050% / 4h2h 27m$3.9M$377K20x
ShortKuCoin TAGUSDTM0.00083880.0100get 0.0050% / 4h2h 27m$136K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.392% → −0.090%
−$30.14
Slippage, 4 orders
−$1,100.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,154.72
Costs to cover
11.246%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; KuCoin: live order book, 1 min ago.

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, just now10.09 bp47.5 bp −$48601.8 bp −$6,018doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago81.64 bp689.2 bp −$689doesn'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_USDT+0.0100%4h0.0008386−0.416%$1.5M$165K20xas long as short
KuCoin TAGUSDTMshort+0.0100%4h0.0008388−0.392%$136K$34K25x
Bitget TAGUSDTlong+0.0100%4h0.0008421long leg$3.9M$377K20x
Variational Omni TAG+0.0100%4h0.0008409−0.146%$296$552as long as short
Bybit 1000TAGUSDT+0.0202%4h0.0008396−0.297%$578K$635K5xas long as short
BingX TAG-USDT+0.1184%4h0.0008401−0.238%$1.3Mas long as short
Binance TAGUSDT+0.1216%4h0.0008407−0.166%$6.6M$2.2M25xas long as short
Extended TAG-USD+0.1232%1h0.0008399−0.261%$959$185K5xas long as short
MEXC TAG_USDT+0.1234%4h0.0008408−0.154%$5.7M$137K100xas long as short
Aster TAGUSDT+0.1349%4h0.0008381−0.475%$72K$6K5xas long as short