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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0500%/8h= +54.7% APRpaid last 24h +0.063%
Price spread now: Extended against KuCoin+0.022%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,150as in the Price arb table
costs, in and out, $10k−$1,14811.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.400%+$40 · spread now +0.022%, 7d avg +0.039%
Together, before fees+0.499%+ Points / potential airdropExtended: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAGUSDTM0.00081840.0100pay 0.0050% / 4h3h 01m$132K$34K25x
ShortExtended TAG-USD0.00081860.0600get 0.0075% / 1h1m 00s$3K$262K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$105
Price spread: +0.022% → +0.039%
−$1.75
Slippage, 4 orders
−$1,131.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1,045.21
Costs to cover
11.485%
Break-even
76.7 days
Slippage from KuCoin: live order book, 63 min ago; Extended: live order book, 50 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, 63 min ago86.55 bp355.9 bp −$356doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 50 min ago12.09 bp109.4 bp −$109doesn't fitdoesn'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%4h0.0008156−0.342%$525K$612K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008167−0.208%$1.4M$155K20xas long as short
KuCoin TAGUSDTMlong+0.0100%4h0.0008184long leg$132K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008182−0.024%$3.8M$347K20xas long as short
Variational Omni TAG+0.0100%4h0.0008182−0.024%$288$1Kas long as short
BingX TAG-USDT+0.0576%4h0.0008151−0.403%$1.3Mas long as short
MEXC TAG_USDT+0.0598%4h0.0008188+0.049%$5.6M$147K100xas long as short
Binance TAGUSDT+0.0599%4h0.0008189+0.061%$6.5M$2.1M25xas long as short
Extended TAG-USDshort+0.0600%1h0.0008186+0.022%$3K$262K5x
Aster TAGUSDT+0.0694%4h0.0008186+0.024%$70K$6K5xas long as short