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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.085%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,314as in the Price arb table
costs, in and out, $10k−$1,30213.022% 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)−0.147%−$15 · spread now −0.085%, 7d avg +0.037%
Together, before fees−0.433%−$43 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 0.122% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000TAGUSDT0.00082690.0100pay 0.0050% / 4h3h 53m$535K$632K5x
ShortKuCoin TAGUSDTM0.00082620.0100get 0.0050% / 4h3h 53m$134K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.085% → +0.037%
−$12.18
Slippage, 4 orders
−$1,279.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,314.36
Costs to cover
13.022%
Break-even
never at this rate
Slippage from Bybit: live order book, 57 min ago; KuCoin: live order book, 11 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, 57 min ago3.65 bp210.0 bp −$210doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago86.55 bp578.7 bp −$579doesn'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
Bybit 1000TAGUSDTlong+0.0100%4h0.0008269long leg$535K$632K5x
Gate TAG_USDT+0.0100%4h0.0008263−0.073%$1.5M$151K20xas long as short
KuCoin TAGUSDTMshort+0.0100%4h0.0008262−0.085%$134K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008298+0.351%$3.9M$364K20xas long as short
Variational Omni TAG+0.0100%4h0.0008293+0.291%$291$1Kas long as short
Extended TAG-USD+0.0640%1h0.0008281+0.141%$943$185K5xas long as short
Binance TAGUSDT+0.0640%4h0.0008290+0.250%$6.6M$2.1M25xas long as short
BingX TAG-USDT+0.0642%4h0.0008277+0.097%$1.3Mas long as short
MEXC TAG_USDT+0.0652%4h0.0008290+0.254%$5.6M$134K100xas long as short
Aster TAGUSDT+0.0841%4h0.0008293+0.295%$71K$6K5xas long as short