Funding you earn now, next payment 04:00 UTC+0.0942%/8h= +103.1% APRnext payment +$4.71 per $10,000 · paid last 24h +0.044%
Price spread now: Binance against KuCoin+0.236%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,098as in the Price arb table
costs, in and out, $10k−$1,11411.139% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.236%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Binance is 0.163% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.71 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 | KuCoin TAGUSDTM | 0.0008346 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $135K | $34K | 25x |
| Short | Binance TAGUSDT | 0.0008366 | 0.1042 | get 0.0521% / 4h | 1h 34m | $6.6M | $2.2M | 25x |
KuCoin TAGUSDTM
Binance TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $197.72
- Price spread: +0.236% → +0.073%
- $16.3
- Slippage, 4 orders
- −$1,091.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$899.92
- Costs to cover
- 11.139%
- Break-even
- 38.9 days
Slippage from KuCoin: live order book, 55 min ago; Binance: 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 KuCoin live order book, 55 min ago | 81.64 bp | 329.4 bp −$329 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.79 bp | 45.2 bp −$45 | 328.6 bp −$3,286 | 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_USDT | +0.0100% | 4h | 0.0008345 | −0.012% | $1.5M | $160K | 20x | as long as short |
| KuCoin TAGUSDTMlong | +0.0100% | 4h | 0.0008346 | long leg | $135K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008369 | +0.276% | $3.9M | $377K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008389 | +0.520% | $295 | $552 | — | as long as short |
| Bybit 1000TAGUSDT | +0.0220% | 4h | 0.0008352 | +0.072% | $561K | $624K | 5x | as long as short |
| BingX TAG-USDT | +0.1000% | 4h | 0.0008369 | +0.276% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.1040% | 1h | 0.0008363 | +0.201% | $3K | $181K | 5x | as long as short |
| MEXC TAG_USDT | +0.1040% | 4h | 0.0008367 | +0.252% | $5.7M | $136K | 100x | as long as short |
| Binance TAGUSDTshort | +0.1042% | 4h | 0.0008366 | +0.236% | $6.6M | $2.2M | 25x | |
| Aster TAGUSDT | +0.1215% | 4h | 0.0008373 | +0.324% | $71K | $6K | 5x | as long as short |
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
Bybit 1000TAGUSDT
BingX TAG-USDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT