Settings8H · net · $10k
Funding arb · Price arb /

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.773%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$858as in the Funding arb table
Net, price: spread back to 7d avg − costs−$789as in the Price arb table
costs, in and out, $10k−$8588.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.375%−$37 · spread now +0.773%, 7d avg +0.086%
Together, before fees−0.375%−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.687% dearer against KuCoin than usual: you sell high and buy low, +$69 on $10k if it goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAGUSDTM0.00082770.0100pay 0.0050% / 4h3h 39m$134K$34K25x
ShortBitget TAGUSDT0.00083410.0100get 0.0050% / 4h3h 39m$3.9M$361K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.773% → +0.086%
$68.74
Slippage, 4 orders
−$833.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$789.09
Costs to cover
8.578%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago122.53 bp400.3 bp −$400doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago10.23 bp45.4 bp −$45429.2 bp −$4,292doesn't fitdoesn't fit

TAG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000TAGUSDT+0.0100%4h0.0008302+0.302%$550K$584K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008293+0.193%$1.5M$156K20xas long as short
KuCoin TAGUSDTMlong+0.0100%4h0.0008277long leg$134K$34K25x
Bitget TAGUSDTshort+0.0100%4h0.0008341+0.773%$3.9M$361K20x
Variational Omni TAG+0.0100%4h0.0008300+0.274%$372$471as long as short
BingX TAG-USDT+0.0990%4h0.0008314+0.447%$1.3Mas long as short
Extended TAG-USD+0.1056%1h0.0008323+0.556%$1K$187K5xas long as short
MEXC TAG_USDT+0.1056%4h0.0008323+0.556%$5.7M$139K100xas long as short
Binance TAGUSDT+0.1066%4h0.0008326+0.592%$6.6M$2.1M25xas long as short
Aster TAGUSDT+0.1283%4h0.0008298+0.253%$71K$6K5xas long as short