Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.025%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.025%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.040% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAG_USDT | 0.0008321 | 0.1056 | pay 0.0528% / 4h | 3h 39m | $5.7M | $139K | 100x |
| Short | Binance TAGUSDT | 0.0008323 | 0.1066 | get 0.0533% / 4h | 3h 39m | $6.6M | $2.1M | 25x |
MEXC TAG_USDT
Binance TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $2.06
- Price spread: +0.025% → −0.014%
- $3.96
- Slippage, 4 orders
- −$126.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.1
- Costs to cover
- 1.401%
- Break-even
- 463.1 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 14 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 MEXC live order book, 3 min ago | 3.01 bp | 23.6 bp −$24 | 67.0 bp −$670 | 162.3 bp −$16.2K | 530.0 bp −$265.0K |
| Sell Binance live order book, 14 min ago | 1.82 bp | 45.0 bp −$45 | 310.4 bp −$3,104 | 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 1000TAGUSDT | +0.0100% | 4h | 0.0008295 | −0.312% | $549K | $584K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008293 | −0.336% | $1.5M | $156K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008277 | −0.529% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008340 | +0.228% | $3.9M | $361K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008300 | −0.256% | $372 | $471 | — | as long as short |
| BingX TAG-USDT | +0.0990% | 4h | 0.0008311 | −0.120% | — | $1.3M | — | as long as short |
| MEXC TAG_USDTlong | +0.1056% | 4h | 0.0008321 | long leg | $5.7M | $139K | 100x | |
| Extended TAG-USD | +0.1064% | 1h | 0.0008322 | +0.012% | $1K | $187K | 5x | as long as short |
| Binance TAGUSDTshort | +0.1066% | 4h | 0.0008323 | +0.025% | $6.6M | $2.1M | 25x | |
| Aster TAGUSDT | +0.1283% | 4h | 0.0008294 | −0.323% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Aster TAGUSDT