Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against MEXC+0.012%7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 7 days−0.178%−$18 · spread now +0.012%, 7d avg −0.114%
=The price spread pays, funding is against you. BingX is 0.126% dearer against MEXC than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.114%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.251%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAG_USDT | 0.0008317 | 0.1064 | pay 0.0532% / 4h | 3h 38m | $5.7M | $139K | 100x |
| Short | BingX TAG-USDT | 0.0008318 | 0.0990 | get 0.0495% / 4h | 3h 38m | — | $1.3M | — |
MEXC TAG_USDT
BingX TAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$15.54
- Price spread: +0.012% → −0.114%
- $12.6
- Slippage, 4 orders
- −$86.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.01
- Costs to cover
- 1.001%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 3 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, 4 min ago | 3.01 bp | 23.6 bp −$24 | 67.0 bp −$670 | 162.3 bp −$16.2K | 530.0 bp −$265.0K |
| Sell BingX live order book, 3 min ago | 4.82 bp | 22.5 bp −$22 | 209.7 bp −$2,097 | 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 | 0.0008284 | −0.397% | $548K | $585K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008293 | −0.289% | $1.5M | $156K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008270 | −0.565% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008334 | +0.204% | $3.9M | $361K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008300 | −0.208% | $372 | $471 | — | as long as short |
| BingX TAG-USDTshort | +0.0990% | 4h | 0.0008318 | +0.012% | — | $1.3M | — | |
| Extended TAG-USD | +0.1064% | 1h | 0.0008314 | −0.036% | $1K | $187K | 5x | as long as short |
| MEXC TAG_USDTlong | +0.1064% | 4h | 0.0008317 | long leg | $5.7M | $139K | 100x | |
| Binance TAGUSDT | +0.1088% | 4h | 0.0008318 | +0.012% | $6.6M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.1283% | 4h | 0.0008294 | −0.278% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
Extended TAG-USD
Binance TAGUSDT
Aster TAGUSDT