Funding you earn now, next payment 08:00 UTC−0.0702%/8h= −76.8% APRnext payment −$3.51 per $10,000 · paid last 24h −0.237%
Price spread now: Bybit against Aster+0.255%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.255% dearer against Aster than usual: you sell high and buy low (spread +0.255% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.387% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.387% in total (about -20.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.51 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 | Aster TAGUSDT | 0.0008431 | 0.0802 | pay 0.0401% / 4h | 1h 32m | $72K | $6K | 5x |
| Short | Bybit 1000TAGUSDT | 0.0008453 | 0.0100 | get 0.0050% / 4h | 1h 32m | $547K | $607K | 5x |
Aster TAGUSDT
Bybit 1000TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$147.35
- Price spread: +0.255% → 0.000%
- $25.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$140.85
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 7.11 bp | 94.8 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 1000TAGUSDTshort | +0.0100% | 4h | 0.0008453 | +0.255% | $547K | $607K | 5x | |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008434 | +0.030% | $1.5M | $140K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008420 | −0.136% | $136K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008467 | +0.421% | $3.9M | $330K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008425 | −0.083% | $296 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0708% | 4h | 0.0008447 | +0.184% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0744% | 1h | 0.0008454 | +0.266% | $3K | $188K | 5x | as long as short |
| MEXC TAG_USDT | +0.0746% | 4h | 0.0008456 | +0.291% | $5.7M | $143K | 100x | as long as short |
| Binance TAGUSDT | +0.0746% | 4h | 0.0008456 | +0.291% | $6.7M | $2.0M | 25x | as long as short |
| Aster TAGUSDTlong | +0.0802% | 4h | 0.0008431 | long leg | $72K | $6K | 5x |
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
MEXC TAG_USDT
Binance TAGUSDT