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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.490%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as in the Funding arb table
Net, price: spread back to 7d avg − costs−$587as in the Price arb table
costs, in and out, $10k−$6256.253% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.286%−$29 on $10k
Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.490%, 7d avg +0.111%
Together, before fees−0.551%−$55 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: Bitget is 0.379% dearer against Bybit than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of +0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000TAGUSDT0.00081600.0100pay 0.0050% / 4h2h 40m$543K$593K5x
ShortBitget TAGUSDT0.00082000.0100get 0.0050% / 4h2h 40m$3.8M$354K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.490% → +0.111%
$37.94
Slippage, 4 orders
−$602.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$587.39
Costs to cover
6.253%
Break-even
never at this rate
Slippage from Bybit: live order book, 44 min ago; Bitget: live order book, 3 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 Bybit live order book, 44 min ago10.40 bp345.2 bp −$345doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago17.05 bp66.7 bp −$67444.9 bp −$4,449doesn'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
Binance TAGUSDT+0.0100%4h0.0008198+0.462%$6.5M$2.1M25xas long as short
Bybit 1000TAGUSDTlong+0.0100%4h0.0008160long leg$543K$593K5x
Gate TAG_USDT+0.0100%4h0.0008163+0.037%$1.4M$149K20xas long as short
MEXC TAG_USDT+0.0100%4h0.0008181+0.257%$5.6M$147K100xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008184+0.294%$132K$34K25xas long as short
Bitget TAGUSDTshort+0.0100%4h0.0008200+0.490%$3.8M$354K20x
BingX TAG-USDT+0.0100%4h0.0008182+0.270%$1.3Mas long as short
Variational Omni TAG+0.0100%4h0.0008200+0.490%$757$82as long as short
Extended TAG-USD+0.0104%1h0.0008198+0.471%$2K$187K5xas long as short
Aster TAGUSDT+0.0849%4h0.0008201+0.500%$70K$7K5xas long as short