Funding you earn now, next payment 12:00 UTC+0.0470%/8h= +51.5% APRnext payment +$2.35 per $10,000 · paid last 24h +0.100%
Price spread now: MEXC against KuCoin+0.230%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,752as in the Price arb table
costs, in and out, $10k−$1,76517.653% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.490%+$49 · spread now +0.230%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.130% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.100%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 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 | 0.0008254 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $134K | $34K | 25x |
| Short | MEXC TAG_USDT | 0.0008273 | 0.0570 | get 0.0285% / 4h | 2h 58m | $5.6M | $254K | 100x |
KuCoin TAGUSDTM
MEXC TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $98.7
- Price spread: +0.230% → +0.100%
- $13.03
- Slippage, 4 orders
- −$1,749.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,653.58
- Costs to cover
- 17.653%
- Break-even
- 124.3 days
Slippage from KuCoin: live order book, 22 min ago; MEXC: live order book, 4 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, 22 min ago | 84.75 bp | 1152.6 bp −$1,153 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.81 bp | 24.2 bp −$24 | 70.0 bp −$700 | 156.1 bp −$15.6K | 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 | 0.0008253 | −0.012% | $526K | $594K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008257 | +0.036% | $1.5M | $137K | 20x | as long as short |
| KuCoin TAGUSDTMlong | +0.0100% | 4h | 0.0008254 | long leg | $134K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008294 | +0.485% | $3.9M | $341K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008273 | +0.236% | $291 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0554% | 4h | 0.0008261 | +0.085% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0568% | 1h | 0.0008277 | +0.275% | $4K | $204K | 5x | as long as short |
| Binance TAGUSDT | +0.0568% | 4h | 0.0008276 | +0.267% | $6.5M | $2.0M | 25x | as long as short |
| MEXC TAG_USDTshort | +0.0570% | 4h | 0.0008273 | +0.230% | $5.6M | $254K | 100x | |
| Aster TAGUSDT | +0.0632% | 4h | 0.0008275 | +0.259% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Binance TAGUSDT
Aster TAGUSDT