Funding you earn now, next payment 08:00 UTC−0.0484%/8h= −53.0% APRnext payment −$2.42 per $10,000 · paid last 24h −0.073%
Price spread now: Bitget against MEXC+0.243%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1541.539% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 7 days−0.268%−$27 · spread now +0.243%, 7d avg −0.009%
=The price spread pays, funding is against you. Bitget is 0.252% dearer against MEXC than usual: you sell high and buy low (spread +0.243% now, against its 7-day average of −0.009%): +$25 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.105% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | MEXC TAG_USDT | 0.0008219 | 0.0584 | pay 0.0292% / 4h | 3h 31m | $5.6M | $140K | 100x |
| Short | Bitget TAGUSDT | 0.0008239 | 0.0100 | get 0.0050% / 4h | 3h 31m | $3.8M | $357K | 20x |
MEXC TAG_USDT
Bitget TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$101.64
- Price spread: +0.243% → −0.009%
- $25.18
- Slippage, 4 orders
- −$137.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$230.36
- Costs to cover
- 1.539%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago | 2.43 bp | 30.9 bp −$31 | 64.1 bp −$641 | 205.9 bp −$20.6K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.48 bp | 55.7 bp −$56 | 422.2 bp −$4,222 | 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 | 0.0008197 | −0.268% | $530K | $616K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008201 | −0.219% | $1.4M | $152K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008225 | +0.073% | $133K | $34K | 25x | as long as short |
| Bitget TAGUSDTshort | +0.0100% | 4h | 0.0008239 | +0.243% | $3.8M | $357K | 20x | |
| Variational Omni TAG | +0.0100% | 4h | 0.0008225 | +0.074% | $289 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0564% | 4h | 0.0008212 | −0.085% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0584% | 1h | 0.0008219 | −0.005% | $938 | $184K | 5x | as long as short |
| MEXC TAG_USDTlong | +0.0584% | 4h | 0.0008219 | long leg | $5.6M | $140K | 100x | |
| Binance TAGUSDT | +0.0587% | 4h | 0.0008221 | +0.019% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0747% | 4h | 0.0008226 | +0.079% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Binance TAGUSDT
Aster TAGUSDT