Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against Bybit−0.061%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$892as in the Funding arb table
Net, price: spread back to 7d avg − costs−$855as in the Price arb table
costs, in and out, $10k−$8668.658% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.061%, 7d avg −0.171%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.110% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.171%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TAGUSDT | 0.0008194 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $545K | $579K | 5x |
| Short | Gate TAG_USDT | 0.0008189 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.4M | $152K | 20x |
Bybit 1000TAGUSDT
Gate TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: −0.061% → −0.171%
- $11
- Slippage, 4 orders
- −$839.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$854.79
- Costs to cover
- 8.658%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 20 min ago; Gate: live order book, 2 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 Bybit live order book, 20 min ago | 9.75 bp | 153.9 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.32 bp | 222.8 bp −$223 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TAGUSDT | +0.0100% | 4h | 0.0008226 | +0.391% | $6.5M | $2.1M | 25x | as long as short |
| Bybit 1000TAGUSDTlong | +0.0100% | 4h | 0.0008194 | long leg | $545K | $579K | 5x | |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008189 | −0.061% | $1.4M | $152K | 20x | |
| MEXC TAG_USDT | +0.0100% | 4h | 0.0008199 | +0.061% | $5.6M | $138K | 100x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008203 | +0.110% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008234 | +0.488% | $3.8M | $358K | 20x | as long as short |
| BingX TAG-USDT | +0.0100% | 4h | 0.0008208 | +0.171% | — | $1.3M | — | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008229 | +0.425% | $765 | $82 | — | as long as short |
| Extended TAG-USD | +0.0104% | 1h | 0.0008225 | +0.373% | $2K | $187K | 5x | as long as short |
| Aster TAGUSDT | +0.0883% | 4h | 0.0008210 | +0.195% | $70K | $6K | 5x | as long as short |
Binance TAGUSDT
MEXC TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
BingX TAG-USDT
Variational Omni TAG
Extended TAG-USD
Aster TAGUSDT