Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.157%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,083as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,092as in the Price arb table
costs, in and out, $10k−$2,11221.120% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.157%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.197% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TAGUSDTM | 0.0008296 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $134K | $34K | 25x |
| Short | Bybit 1000TAGUSDT | 0.0008309 | 0.0100 | get 0.0050% / 4h | 3h 58m | $529K | $606K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.157% → −0.040%
- $19.68
- Slippage, 4 orders
- −$2,089.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2,092.34
- Costs to cover
- 21.120%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 min ago; Bybit: live order book, 31 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, 31 min ago | 92.61 bp | 1229.9 bp −$1,230 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 4.24 bp | 109.0 bp −$109 | 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 1000TAGUSDTshort | +0.0100% | 4h | 0.0008309 | +0.157% | $529K | $606K | 5x | |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008307 | +0.133% | $1.5M | $142K | 20x | as long as short |
| KuCoin TAGUSDTMlong | +0.0100% | 4h | 0.0008296 | long leg | $134K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008346 | +0.603% | $3.9M | $354K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008346 | +0.601% | $294 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0624% | 4h | 0.0008309 | +0.157% | — | $1.3M | — | as long as short |
| Binance TAGUSDT | +0.0646% | 4h | 0.0008336 | +0.482% | $6.6M | $2.1M | 25x | as long as short |
| Extended TAG-USD | +0.0648% | 1h | 0.0008332 | +0.433% | $2K | $200K | 5x | as long as short |
| MEXC TAG_USDT | +0.0650% | 4h | 0.0008327 | +0.374% | $5.8M | $219K | 100x | as long as short |
| Aster TAGUSDT | +0.0755% | 4h | 0.0008316 | +0.240% | $71K | $6K | 5x | as long as short |
KuCoin TAGUSDTM
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Binance TAGUSDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT