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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h +0.024%
Price spread now: BingX against Extended−0.023%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2632.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now −0.023%, 7d avg −0.016%
Together, before fees+0.602%+ Points / potential airdropExtended: Active · farm board+$60 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAG-USD0.00083970.1192pay 0.0149% / 1h17m 37s$1K$187K5x
ShortBingX TAG-USDT0.00083950.1118get 0.0559% / 4h3h 17m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$15.54
Price spread: −0.023% → −0.016%
−$0.69
Slippage, 4 orders
−$247.79
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$279.02
Costs to cover
2.628%
Break-even
never at this rate
Slippage from Extended: live order book, 54 min ago; BingX: live order book, 12 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 Extended live order book, 54 min ago12.21 bp100.2 bp −$100887.6 bp −$8,876doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago5.43 bp25.3 bp −$25179.1 bp −$1,791doesn'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 1000TAGUSDT+0.0100%4h0.0008376−0.249%$560K$599K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008386−0.130%$1.5M$158K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008352−0.535%$135K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008414+0.204%$3.9M$359K20xas long as short
Variational Omni TAG+0.0100%4h0.0008335−0.736%$373$471as long as short
BingX TAG-USDTshort+0.1118%4h0.0008395−0.023%$1.3M
Extended TAG-USDlong+0.1192%1h0.0008397long leg$1K$187K5x
MEXC TAG_USDT+0.1192%4h0.0008399+0.025%$5.7M$141K100xas long as short
Binance TAGUSDT+0.1203%4h0.0008397+0.001%$6.6M$2.1M25xas long as short
Aster TAGUSDT+0.1361%4h0.0008376−0.244%$71K$6K5xas long as short