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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against KuCoin−0.024%7-day average −0.198% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,335as in the Price arb table
costs, in and out, $10k−$1,35213.523% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.024%, 7d avg −0.198%
Together, before fees+0.283%+$28 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: Gate is 0.174% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.198%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAGUSDTM0.00082610.0100pay 0.0050% / 4h3h 58m$134K$34K25x
ShortGate TAG_USDT0.00082590.0100get 0.0050% / 4h3h 58m$1.5M$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.024% → −0.198%
$17.37
Slippage, 4 orders
−$1,325.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,334.96
Costs to cover
13.523%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 4 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, 6 min ago86.55 bp355.9 bp −$356doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago8.47 bp274.0 bp −$274doesn'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%4h0.0008254−0.085%$534K$632K5xas long as short
Gate TAG_USDTshort+0.0100%4h0.0008259−0.024%$1.5M$151K20x
KuCoin TAGUSDTMlong+0.0100%4h0.0008261long leg$134K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008293+0.387%$3.9M$365K20xas long as short
Variational Omni TAG+0.0100%4h0.0008306+0.545%$431$981as long as short
BingX TAG-USDT+0.0642%4h0.0008269+0.097%$1.3Mas long as short
Extended TAG-USD+0.0672%1h0.0008287+0.312%$4K$182K5xas long as short
MEXC TAG_USDT+0.0674%4h0.0008278+0.206%$5.6M$134K100xas long as short
Binance TAGUSDT+0.0675%4h0.0008271+0.121%$6.5M$2.1M25xas long as short
Aster TAGUSDT+0.0862%4h0.0008291+0.367%$71K$6K5xas long as short