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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.005%
Price spread now: KuCoin against Extended−0.044%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,198as in the Price arb table
costs, in and out, $10k−$1,19611.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−0.226%−$23 · spread now −0.044%, 7d avg −0.025%
Together, before fees−0.267%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAG-USD0.00082170.0104pay 0.0013% / 1h22m 20s$2K$187K5x
ShortKuCoin TAGUSDTM0.00082130.0100get 0.0050% / 4h2h 22m$133K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: −0.044% → −0.025%
−$1.86
Slippage, 4 orders
−$1,179.49
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,199.2
Costs to cover
11.965%
Break-even
never at this rate
Slippage from Extended: live order book, 64 min ago; KuCoin: live order book, 56 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, 64 min ago12.21 bp100.2 bp −$100887.6 bp −$8,876doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago59.86 bp662.5 bp −$663doesn'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
Binance TAGUSDT+0.0100%4h0.0008233+0.196%$6.5M$2.1M25xas long as short
Bybit 1000TAGUSDT+0.0100%4h0.0008185−0.385%$545K$583K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008186−0.372%$1.4M$151K20xas long as short
MEXC TAG_USDT+0.0100%4h0.0008227+0.127%$5.6M$148K100xas long as short
KuCoin TAGUSDTMshort+0.0100%4h0.0008213−0.044%$133K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008228+0.139%$3.8M$354K20xas long as short
BingX TAG-USDT+0.0100%4h0.0008203−0.166%$1.3Mas long as short
Variational Omni TAG+0.0100%4h0.0008243+0.324%$761$82as long as short
Extended TAG-USDlong+0.0104%1h0.0008217long leg$2K$187K5x
Aster TAGUSDT+0.0907%4h0.0008220+0.041%$70K$7K5xas long as short