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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: MEXC against Extended−0.026%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2702.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.026%, 7d avg +0.052%
Together, before fees+0.188%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.078% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAG-USD0.00084260.1232pay 0.0154% / 1h10m 41s$3K$187K5x
ShortMEXC TAG_USDT0.00084240.1232get 0.0616% / 4h3h 10m$5.8M$141K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: −0.026% → +0.052%
−$7.77
Slippage, 4 orders
−$260.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$277.74
Costs to cover
2.700%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; MEXC: live order book, 2 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, 61 min ago12.21 bp100.2 bp −$100887.6 bp −$8,876doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago4.16 bp31.0 bp −$3176.6 bp −$766223.7 bp −$22.4Kdoesn'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%4h0.0008408−0.216%$564K$602K5xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008395−0.370%$136K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008439+0.152%$3.9M$362K20xas long as short
Variational Omni TAG+0.0100%4h0.0008408−0.215%$377$471as long as short
Gate TAG_USDT+0.0106%4h0.0008395−0.370%$1.5M$160K20xas long as short
BingX TAG-USDT+0.1169%4h0.0008414−0.145%$1.3Mas long as short
Extended TAG-USDlong+0.1232%1h0.0008426long leg$3K$187K5x
MEXC TAG_USDTshort+0.1232%4h0.0008424−0.026%$5.8M$141K100x
Binance TAGUSDT+0.1240%4h0.0008428+0.020%$6.7M$2.1M25xas long as short
Aster TAGUSDT+0.1400%4h0.0008389−0.437%$72K$6K5xas long as short