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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.164%
Price spread now: Aster against Binance−0.154%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.567%+$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.154% cheaper against Binance than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.567% in total) that is about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAGUSDT0.00084430.0751pay 0.0375% / 4h1h 32m$6.7M$2.0M25x
ShortAster TAGUSDT0.00084300.0806get 0.0403% / 4h1h 32m$72K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$11.68
Price spread: −0.154% → 0.000%
−$15.4
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.72
Costs to cover
0.180%
Break-even
20.0 days
Slippage unknown: Binance: live order book, 7 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago2.96 bp53.9 bp −$54544.3 bp −$5,443doesn't fitdoesn't fit
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000TAGUSDT+0.0100%4h0.0008446+0.036%$547K$607K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008433−0.118%$1.5M$140K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008423−0.237%$136K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008461+0.213%$3.9M$330K20xas long as short
Variational Omni TAG+0.0100%4h0.0008425−0.219%$296$1Kas long as short
BingX TAG-USDT+0.0708%4h0.0008437−0.071%$1.3Mas long as short
MEXC TAG_USDT+0.0746%4h0.0008445+0.024%$5.7M$143K100xas long as short
Binance TAGUSDTlong+0.0751%4h0.0008443long leg$6.7M$2.0M25x
Extended TAG-USD+0.0752%1h0.0008441−0.024%$3K$188K5xas long as short
Aster TAGUSDTshort+0.0806%4h0.0008430−0.154%$72K$6K5x