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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TAG-USD | 0.0008194 | 0.0384 | pay 0.0048% / 1h | 58m 49s | $2K | $187K | 5x |
| Short | Gate TAG_USDT | 0.0008158 | 0.0100 | get 0.0050% / 4h | 58m 49s | $1.4M | $152K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 18 min ago | 12.23 bp | 103.7 bp −$104 | 899.7 bp −$8,997 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 11.05 bp | 230.3 bp −$230 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000TAGUSDT | +0.0100% | 4h | 0.0008177 | −0.211% | $543K | $582K | 5x | as long as short |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008158 | −0.443% | $1.4M | $152K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008162 | −0.394% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008190 | −0.052% | $3.8M | $359K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008173 | −0.255% | $366 | $471 | — | as long as short |
| BingX TAG-USDT | +0.0364% | 4h | 0.0008193 | −0.016% | — | $1.3M | — | as long as short |
| MEXC TAG_USDT | +0.0374% | 4h | 0.0008204 | +0.118% | $5.6M | $138K | 100x | as long as short |
| Extended TAG-USDlong | +0.0384% | 1h | 0.0008194 | long leg | $2K | $187K | 5x | |
| Binance TAGUSDT | +0.0388% | 4h | 0.0008206 | +0.143% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0930% | 4h | 0.0008169 | −0.306% | $70K | $7K | 5x | as long as short |
Extended TAG-USD
Gate TAG_USDT
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
MEXC TAG_USDT
Binance TAGUSDT
Aster TAGUSDT