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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.002%
Price spread now: Extended against MEXC−0.006%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2632.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.508%−$51 · spread now −0.006%, 7d avg −0.052%
Together, before fees−0.503%+ Points / potential airdropExtended: Active · farm board−$50 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: Extended is 0.046% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAG_USDT0.00083140.0926pay 0.0463% / 4h1h 14m$5.7M$137K100x
ShortExtended TAG-USD0.00083140.0928get 0.0116% / 1h14m 04s$3K$185K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$0.42
Price spread: −0.006% → −0.052%
$4.58
Slippage, 4 orders
−$254.18
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$258.18
Costs to cover
2.632%
Break-even
4310.1 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 47 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 MEXC live order book, 3 min ago3.01 bp22.4 bp −$2282.7 bp −$827223.3 bp −$22.3Kdoesn't fit
Sell Extended live order book, 47 min ago11.88 bp105.7 bp −$106doesn'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%4h0.0008287−0.325%$538K$660K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008291−0.277%$1.5M$164K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008313−0.012%$134K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008309−0.060%$3.9M$377K20xas long as short
Variational Omni TAG+0.0100%4h0.0008333+0.227%$293$552as long as short
BingX TAG-USDT+0.0912%4h0.0008302−0.144%$1.3Mas long as short
MEXC TAG_USDTlong+0.0926%4h0.0008314long leg$5.7M$137K100x
Binance TAGUSDT+0.0927%4h0.0008315+0.012%$6.6M$2.2M25xas long as short
Extended TAG-USDshort+0.0928%1h0.0008314−0.006%$3K$185K5x
Aster TAGUSDT+0.1106%4h0.0008318+0.042%$71K$6K5xas long as short