Funding you earn now, next payment 04:00 UTC+0.0760%/8h= +83.2% APRnext payment +$3.80 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against KuCoin+0.244%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,217as in the Price arb table
costs, in and out, $10k−$1,24012.399% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)+0.223%+$22 · spread now +0.244%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.230% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.014%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.289% in total (about 15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 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 | 0.0008205 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $133K | $34K | 25x |
| Short | BingX TAG-USDT | 0.0008225 | 0.0860 | get 0.0430% / 4h | 3h 59m | — | $1.3M | — |
KuCoin TAGUSDTM
BingX TAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $159.6
- Price spread: +0.244% → +0.014%
- $23
- Slippage, 4 orders
- −$1,217.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,057.27
- Costs to cover
- 12.399%
- Break-even
- 53.4 days
Slippage from KuCoin: live order book, 54 min ago; BingX: live order book, 6 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, 54 min ago | 104.17 bp | 583.9 bp −$584 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.92 bp | 26.3 bp −$26 | 209.1 bp −$2,091 | 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 | 0.0008209 | +0.049% | $543K | $584K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008225 | +0.244% | $1.4M | $155K | 20x | as long as short |
| KuCoin TAGUSDTMlong | +0.0100% | 4h | 0.0008205 | long leg | $133K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008244 | +0.475% | $3.8M | $355K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008234 | +0.358% | $369 | $471 | — | as long as short |
| BingX TAG-USDTshort | +0.0860% | 4h | 0.0008225 | +0.244% | — | $1.3M | — | |
| Extended TAG-USD | +0.0920% | 1h | 0.0008234 | +0.357% | $2K | $187K | 5x | as long as short |
| MEXC TAG_USDT | +0.0920% | 4h | 0.0008245 | +0.488% | $5.6M | $138K | 100x | as long as short |
| Binance TAGUSDT | +0.0931% | 4h | 0.0008241 | +0.440% | $6.5M | $2.0M | 25x | as long as short |
| Aster TAGUSDT | +0.1177% | 4h | 0.0008220 | +0.183% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
Extended TAG-USD
MEXC TAG_USDT
Binance TAGUSDT
Aster TAGUSDT