Funding you earn now, next payment 04:00 UTC+0.0820%/8h= +89.8% APRnext payment +$4.10 per $10,000 · paid last 24h +0.044%
Price spread now: MEXC against Bybit+0.120%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3653.654% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now +0.120%, 7d avg +0.122%
=The price spread sits at its 7-day average of +0.122%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TAGUSDT | 0.0008343 | 0.0232 | pay 0.0116% / 4h | 1h 37m | $563K | $632K | 5x |
| Short | MEXC TAG_USDT | 0.0008353 | 0.1052 | get 0.0526% / 4h | 1h 37m | $5.7M | $135K | 100x |
Bybit 1000TAGUSDT
MEXC TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $172.15
- Price spread: +0.120% → +0.122%
- −$0.24
- Slippage, 4 orders
- −$350.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$193.53
- Costs to cover
- 3.654%
- Break-even
- 14.9 days
Slippage from Bybit: live order book, 17 min ago; MEXC: live order book, 10 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, 17 min ago | 3.57 bp | 200.8 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 2.39 bp | 33.2 bp −$33 | 68.6 bp −$686 | 169.0 bp −$16.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TAG_USDT | +0.0100% | 4h | 0.0008334 | −0.108% | $1.5M | $160K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008346 | +0.036% | $135K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008351 | +0.096% | $3.9M | $377K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008354 | +0.136% | $294 | $552 | — | as long as short |
| Bybit 1000TAGUSDTlong | +0.0232% | 4h | 0.0008343 | long leg | $563K | $632K | 5x | |
| BingX TAG-USDT | +0.1026% | 4h | 0.0008352 | +0.108% | — | $1.3M | — | as long as short |
| MEXC TAG_USDTshort | +0.1052% | 4h | 0.0008353 | +0.120% | $5.7M | $135K | 100x | |
| Binance TAGUSDT | +0.1053% | 4h | 0.0008353 | +0.120% | $6.6M | $2.2M | 25x | as long as short |
| Extended TAG-USD | +0.1056% | 1h | 0.0008350 | +0.083% | $3K | $183K | 5x | as long as short |
| Aster TAGUSDT | +0.1217% | 4h | 0.0008354 | +0.126% | $71K | $6K | 5x | as long as short |
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Binance TAGUSDT
Extended TAG-USD
Aster TAGUSDT