Funding you earn now, next payment 12:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.79 per $10,000 · paid last 24h −0.099%
Price spread now: Gate against Binance−0.179%7-day average −0.273% · you buy dearer than you sell
Net, funding: paid 7d − costs−$465as in the Funding arb table
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$4534.532% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now −0.179%, 7d avg −0.273%
=The price spread pays, funding is against you. Gate is 0.095% dearer against Binance than usual: you sell high and buy low (spread −0.179% now, against its 7-day average of −0.273%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 48 hours. At the pace of the last 7 days (−0.115% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAGUSDT | 0.0008176 | 0.0258 | pay 0.0129% / 4h | 9m 09s | $6.5M | $2.0M | 25x |
| Short | Gate TAG_USDT | 0.0008161 | 0.0100 | get 0.0050% / 4h | 9m 09s | $1.4M | $133K | 20x |
Binance TAGUSDT
Gate TAG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$33.22
- Price spread: −0.179% → −0.273%
- $9.46
- Slippage, 4 orders
- −$428.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$476.93
- Costs to cover
- 4.532%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 1 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 Binance live order book, 7 min ago | 2.44 bp | 42.0 bp −$42 | 571.8 bp −$5,718 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 10.42 bp | 203.8 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
TAG on 10 exchanges
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 | 0.0008151 | −0.301% | $517K | $604K | 5x | as long as short |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008161 | −0.179% | $1.4M | $133K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008165 | −0.130% | $132K | $32K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008186 | +0.127% | $3.8M | $327K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008175 | −0.004% | $288 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0254% | 4h | 0.0008165 | −0.130% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0256% | 1h | 0.0008174 | −0.017% | $2K | $217K | 5x | as long as short |
| Binance TAGUSDTlong | +0.0258% | 4h | 0.0008176 | long leg | $6.5M | $2.0M | 25x | |
| MEXC TAG_USDT | +0.0260% | 4h | 0.0008174 | −0.020% | $5.5M | $264K | 100x | as long as short |
| Aster TAGUSDT | +0.0390% | 4h | 0.0008166 | −0.121% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT