Funding you earn now, next payment 00:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.653%7-day average +0.234% · you sell dearer than you buy
Net, funding: paid 7d − costs−$657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as 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)−0.543%−$54 · spread now +0.653%, 7d avg +0.234%
=Together, before fees−0.521%+ Points / potential airdropExtended: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.419% dearer against Gate than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.234%.
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 | Gate TAG_USDT | 0.0008158 | 0.0100 | pay 0.0050% / 4h | 58m 42s | $1.4M | $152K | 20x |
| Short | Extended TAG-USD | 0.0008211 | 0.0384 | get 0.0048% / 1h | 58m 42s | $2K | $187K | 5x |
Gate TAG_USDT
Extended TAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $59.64
- Price spread: +0.653% → +0.234%
- $41.94
- Slippage, 4 orders
- −$639
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$557.42
- Costs to cover
- 6.590%
- Break-even
- 72.4 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 18 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 | 11.05 bp | 213.3 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 18 min ago | 12.23 bp | 111.7 bp −$112 | 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 | 0.0008184 | +0.319% | $543K | $582K | 5x | as long as short |
| Gate TAG_USDTlong | +0.0100% | 4h | 0.0008158 | long leg | $1.4M | $152K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008173 | +0.184% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008190 | +0.392% | $3.8M | $359K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008173 | +0.189% | $366 | $471 | — | as long as short |
| BingX TAG-USDT | +0.0364% | 4h | 0.0008204 | +0.564% | — | $1.3M | — | as long as short |
| Extended TAG-USDshort | +0.0384% | 1h | 0.0008211 | +0.653% | $2K | $187K | 5x | |
| MEXC TAG_USDT | +0.0386% | 4h | 0.0008214 | +0.686% | $5.6M | $138K | 100x | as long as short |
| Binance TAGUSDT | +0.0388% | 4h | 0.0008213 | +0.674% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0930% | 4h | 0.0008176 | +0.223% | $70K | $7K | 5x | as long as short |
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
MEXC TAG_USDT
Binance TAGUSDT
Aster TAGUSDT