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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.443%7-day average −0.234% · you buy dearer than you sell
Net, funding: paid 7d − costs−$661as in the Funding arb table
Net, price: spread back to 7d avg − costs−$680as in the Price arb table
costs, in and out, $10k−$6596.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.443%, 7d avg −0.234%
Together, before fees+0.311%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.209% cheaper against Extended than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.234%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAG-USD0.00081940.0384pay 0.0048% / 1h58m 49s$2K$187K5x
ShortGate TAG_USDT0.00081580.0100get 0.0050% / 4h58m 49s$1.4M$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$59.64
Price spread: −0.443% → −0.234%
−$20.9
Slippage, 4 orders
−$639
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$739.54
Costs to cover
6.590%
Break-even
never at this rate
Slippage from Extended: live order book, 18 min ago; Gate: 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 Extended live order book, 18 min ago12.23 bp103.7 bp −$104899.7 bp −$8,997doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago11.05 bp230.3 bp −$230doesn'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 1000TAGUSDT+0.0100%4h0.0008177−0.211%$543K$582K5xas long as short
Gate TAG_USDTshort+0.0100%4h0.0008158−0.443%$1.4M$152K20x
KuCoin TAGUSDTM+0.0100%4h0.0008162−0.394%$132K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008190−0.052%$3.8M$359K20xas long as short
Variational Omni TAG+0.0100%4h0.0008173−0.255%$366$471as long as short
BingX TAG-USDT+0.0364%4h0.0008193−0.016%$1.3Mas long as short
MEXC TAG_USDT+0.0374%4h0.0008204+0.118%$5.6M$138K100xas long as short
Extended TAG-USDlong+0.0384%1h0.0008194long leg$2K$187K5x
Binance TAGUSDT+0.0388%4h0.0008206+0.143%$6.5M$2.1M25xas long as short
Aster TAGUSDT+0.0930%4h0.0008169−0.306%$70K$7K5xas long as short