Funding you earn now, next payment 04:00 UTC+0.1112%/8h= +121.8% APRnext payment +$5.56 per $10,000 · paid last 24h +0.039%
Price spread now: BingX against Gate+0.287%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$5145.139% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.287%, 7d avg +0.180%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and BingX is 0.107% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.180%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.308% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.56 per $10,000. 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 | Gate TAG_USDT | 0.0008375 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $1.5M | $165K | 20x |
| Short | BingX TAG-USDT | 0.0008399 | 0.1212 | get 0.0606% / 4h | 2h 33m | — | $1.3M | — |
Gate TAG_USDT
BingX TAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $233.52
- Price spread: +0.287% → +0.180%
- $10.66
- Slippage, 4 orders
- −$488.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$269.68
- Costs to cover
- 5.139%
- Break-even
- 15.1 days
Slippage from Gate: live order book, 4 min ago; BingX: 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 Gate live order book, 4 min ago | 14.96 bp | 178.0 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 9.56 bp | 34.3 bp −$34 | 230.6 bp −$2,306 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TAG_USDTlong | +0.0100% | 4h | 0.0008375 | long leg | $1.5M | $165K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008375 | 0.000% | $135K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008418 | +0.513% | $3.9M | $377K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008383 | +0.092% | $295 | $552 | — | as long as short |
| Bybit 1000TAGUSDT | +0.0333% | 4h | 0.0008403 | +0.334% | $579K | $634K | 5x | as long as short |
| BingX TAG-USDTshort | +0.1212% | 4h | 0.0008399 | +0.287% | — | $1.3M | — | |
| Binance TAGUSDT | +0.1247% | 4h | 0.0008396 | +0.251% | $6.6M | $2.2M | 25x | as long as short |
| Extended TAG-USD | +0.1248% | 1h | 0.0008399 | +0.284% | $954 | $185K | 5x | as long as short |
| MEXC TAG_USDT | +0.1254% | 4h | 0.0008402 | +0.322% | $5.7M | $137K | 100x | as long as short |
| Aster TAGUSDT | +0.1386% | 4h | 0.0008380 | +0.059% | $72K | $6K | 5x | as long as short |
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Bybit 1000TAGUSDT
Binance TAGUSDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT