Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against MEXC−0.330%7-day average −0.289% · you buy dearer than you sell
Net, funding: paid 7d − costs−$482as in the Funding arb table
Net, price: spread back to 7d avg − costs−$484as in the Price arb table
costs, in and out, $10k−$4804.801% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.330%, 7d avg −0.289%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.041% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.289%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAG_USDT | 0.0008176 | 0.0246 | pay 0.0123% / 4h | 1h 11m | $5.6M | $141K | 100x |
| Short | Gate TAG_USDT | 0.0008149 | 0.0100 | get 0.0050% / 4h | 1h 11m | $1.4M | $154K | 20x |
MEXC TAG_USDT
Gate TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$30.66
- Price spread: −0.330% → −0.289%
- −$4.1
- Slippage, 4 orders
- −$461.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$514.84
- Costs to cover
- 4.801%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: 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 | 0.61 bp | 29.5 bp −$29 | 81.1 bp −$811 | 190.7 bp −$19.1K | doesn't fit |
| Sell Gate live order book, 1 min ago | 7.99 bp | 216.4 bp −$216 | doesn't fit | 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 | 0.0008139 | −0.453% | $541K | $581K | 5x | as long as short |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008149 | −0.330% | $1.4M | $154K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008161 | −0.183% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008166 | −0.122% | $3.8M | $358K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008191 | +0.189% | $367 | $471 | — | as long as short |
| BingX TAG-USDT | +0.0234% | 4h | 0.0008157 | −0.232% | — | $1.3M | — | as long as short |
| MEXC TAG_USDTlong | +0.0246% | 4h | 0.0008176 | long leg | $5.6M | $141K | 100x | |
| Extended TAG-USD | +0.0256% | 1h | 0.0008176 | +0.005% | $2K | $187K | 5x | as long as short |
| Binance TAGUSDT | +0.0258% | 4h | 0.0008178 | +0.022% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0879% | 4h | 0.0008160 | −0.196% | $70K | $7K | 5x | as long as short |
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Binance TAGUSDT
Aster TAGUSDT