Funding you earn now, next payment 08:00 UTC−0.0486%/8h= −53.2% APRnext payment −$2.43 per $10,000 · paid last 24h −0.073%
Price spread now: KuCoin against MEXC+0.049%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,003as in the Funding arb table
Net, price: spread back to 7d avg − costs−$979as in the Price arb table
costs, in and out, $10k−$9939.927% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.675%−$68 · spread now +0.049%, 7d avg −0.092%
=The price spread pays, funding is against you. KuCoin is 0.141% dearer against MEXC than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.092%): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.105% in total) that is about 9.4 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 −$2.43 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 | 0.0008209 | 0.0586 | pay 0.0293% / 4h | 3h 27m | $5.6M | $141K | 100x |
| Short | KuCoin TAGUSDTM | 0.0008213 | 0.0100 | get 0.0050% / 4h | 3h 27m | $133K | $34K | 25x |
MEXC TAG_USDT
KuCoin TAGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$102.06
- Price spread: +0.049% → −0.092%
- $14.09
- Slippage, 4 orders
- −$976.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,080.63
- Costs to cover
- 9.927%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 36 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, 5 min ago | 2.43 bp | 30.9 bp −$31 | 64.1 bp −$641 | 205.9 bp −$20.6K | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 86.55 bp | 578.7 bp −$579 | 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 | 0.0008187 | −0.268% | $529K | $615K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008193 | −0.195% | $1.4M | $153K | 20x | as long as short |
| KuCoin TAGUSDTMshort | +0.0100% | 4h | 0.0008213 | +0.049% | $133K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008229 | +0.244% | $3.8M | $357K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008227 | +0.220% | $289 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0558% | 4h | 0.0008198 | −0.134% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0584% | 1h | 0.0008208 | −0.017% | $938 | $184K | 5x | as long as short |
| MEXC TAG_USDTlong | +0.0586% | 4h | 0.0008209 | long leg | $5.6M | $141K | 100x | |
| Binance TAGUSDT | +0.0586% | 4h | 0.0008210 | +0.016% | $6.5M | $2.1M | 25x | as long as short |
| Aster TAGUSDT | +0.0746% | 4h | 0.0008214 | +0.066% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Binance TAGUSDT
Aster TAGUSDT