Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Gate+0.416%7-day average +0.289% · you sell dearer than you buy
Net, funding: paid 7d − costs−$498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$487as in the Price arb table
costs, in and out, $10k−$5004.999% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.234%−$23 · spread now +0.416%, 7d avg +0.289%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.127% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.289%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.43 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 | 0.0008173 | 0.0100 | pay 0.0050% / 4h | 57m 37s | $1.4M | $152K | 20x |
| Short | MEXC TAG_USDT | 0.0008207 | 0.0386 | get 0.0193% / 4h | 57m 37s | $5.6M | $138K | 100x |
Gate TAG_USDT
MEXC TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $60.06
- Price spread: +0.416% → +0.289%
- $12.68
- Slippage, 4 orders
- −$480.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$427.17
- Costs to cover
- 4.999%
- Break-even
- 56.8 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 11.05 bp | 213.3 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.06 bp | 26.6 bp −$27 | 75.1 bp −$751 | 215.1 bp −$21.5K | 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 | 0.0008178 | +0.061% | $543K | $582K | 5x | as long as short |
| Gate TAG_USDTlong | +0.0100% | 4h | 0.0008173 | long leg | $1.4M | $152K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008177 | +0.049% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008190 | +0.208% | $3.8M | $359K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008173 | +0.005% | $366 | $471 | — | as long as short |
| Extended TAG-USD | +0.0384% | 1h | 0.0008207 | +0.415% | $2K | $187K | 5x | as long as short |
| MEXC TAG_USDTshort | +0.0386% | 4h | 0.0008207 | +0.416% | $5.6M | $138K | 100x | |
| BingX TAG-USDT | +0.0388% | 4h | 0.0008200 | +0.330% | — | $1.3M | — | as long as short |
| Binance TAGUSDT | +0.0403% | 4h | 0.0008209 | +0.437% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0938% | 4h | 0.0008179 | +0.073% | $70K | $7K | 5x | as long as short |
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Extended TAG-USD
BingX TAG-USDT
Binance TAGUSDT
Aster TAGUSDT