Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against Gate−0.206%7-day average +0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,017as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,080as in the Price arb table
costs, in and out, $10k−$1,04410.437% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.206%, 7d avg +0.158%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.364% cheaper against Gate than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TAG_USDT | 0.0008260 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $1.5M | $142K | 20x |
| Short | Bybit 1000TAGUSDT | 0.0008243 | 0.0100 | get 0.0050% / 4h | 2h 32m | $530K | $601K | 5x |
Gate TAG_USDT
Bybit 1000TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.206% → +0.158%
- −$36.36
- Slippage, 4 orders
- −$1,017.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,080.09
- Costs to cover
- 10.437%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; Bybit: live order book, 8 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, just now | 14.57 bp | 210.6 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 8 min ago | 3.06 bp | 235.4 bp −$235 | 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 1000TAGUSDTshort | +0.0100% | 4h | 0.0008243 | −0.206% | $530K | $601K | 5x | |
| Gate TAG_USDTlong | +0.0100% | 4h | 0.0008260 | long leg | $1.5M | $142K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008268 | +0.097% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008282 | +0.266% | $3.8M | $331K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008241 | −0.227% | $290 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0568% | 4h | 0.0008254 | −0.073% | — | $1.3M | — | as long as short |
| MEXC TAG_USDT | +0.0604% | 4h | 0.0008261 | +0.012% | $5.6M | $145K | 100x | as long as short |
| Binance TAGUSDT | +0.0606% | 4h | 0.0008264 | +0.052% | $6.5M | $2.1M | 25x | as long as short |
| Extended TAG-USD | +0.0608% | 1h | 0.0008264 | +0.047% | $2K | $266K | 5x | as long as short |
| Aster TAGUSDT | +0.0702% | 4h | 0.0008254 | −0.073% | $70K | $6K | 5x | as long as short |
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
MEXC TAG_USDT
Binance TAGUSDT
Extended TAG-USD
Aster TAGUSDT