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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.034%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3043.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.034%, 7d avg −0.037%
Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAGUSDT0.00081820.0389pay 0.0195% / 4h1h 51m$6.5M$2.0M25x
ShortExtended TAG-USD0.00081790.0392get 0.0049% / 1h51m 41s$3K$198K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.63
Price spread: −0.034% → −0.037%
$0.29
Slippage, 4 orders
−$288.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$303.02
Costs to cover
3.039%
Break-even
3396.4 days
Slippage from Binance: live order book, 10 min ago; Extended: live order book, 57 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, 10 min ago2.43 bp42.4 bp −$42565.4 bp −$5,654doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago12.19 bp111.2 bp −$111doesn't fitdoesn't fitdoesn't fit

TAG on 10 exchanges

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%4h0.0008152−0.363%$545K$593K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008167−0.180%$1.4M$133K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008180−0.021%$132K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008194+0.150%$3.8M$324K20xas long as short
Variational Omni TAG+0.0100%4h0.0008223+0.504%$290$1Kas long as short
MEXC TAG_USDT+0.0388%4h0.0008181−0.009%$5.5M$254K100xas long as short
Binance TAGUSDTlong+0.0389%4h0.0008182long leg$6.5M$2.0M25x
BingX TAG-USDT+0.0390%4h0.0008167−0.180%$1.3Mas long as short
Extended TAG-USDshort+0.0392%1h0.0008179−0.034%$3K$198K5x
Aster TAGUSDT+0.0469%4h0.0008173−0.100%$70K$6K5xas long as short