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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRnext payment $0.33 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Binance−0.117%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1341.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.249%+$25 on $10k
Price spread, last 7 days−0.049%−$5 · spread now −0.117%, 7d avg −0.099%
Together, before fees+0.201%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.249%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAGUSDT0.00083040.1126pay 0.0563% / 4h3h 31m$6.6M$2.1M25x
ShortBingX TAG-USDT0.00082940.1060get 0.0530% / 4h3h 31m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$13.79
Price spread: −0.117% → −0.099%
−$1.76
Slippage, 4 orders
−$113.97
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$149.51
Costs to cover
1.340%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 10 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 Binance live order book, 7 min ago3.01 bp43.1 bp −$43528.3 bp −$5,283doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago4.82 bp22.5 bp −$22209.7 bp −$2,097doesn'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%4h0.0008278−0.310%$547K$583K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008266−0.454%$1.5M$156K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008257−0.562%$134K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008311+0.088%$3.9M$359K20xas long as short
Variational Omni TAG+0.0100%4h0.0008323+0.235%$373$471as long as short
BingX TAG-USDTshort+0.1060%4h0.0008294−0.117%$1.3M
MEXC TAG_USDT+0.1120%4h0.0008312+0.100%$5.7M$140K100xas long as short
Binance TAGUSDTlong+0.1126%4h0.0008304long leg$6.6M$2.1M25x
Extended TAG-USD+0.1128%1h0.0008312+0.094%$1K$187K5xas long as short
Aster TAGUSDT+0.1302%4h0.0008265−0.468%$71K$6K5xas long as short