Funding you earn now, next payment 12:00 UTC−0.0486%/8h= −53.2% APRnext payment −$2.43 per $10,000 · paid last 24h −0.100%
Price spread now: KuCoin against Binance−0.477%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,877as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,903as in the Price arb table
costs, in and out, $10k−$1,86418.638% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.477%, 7d avg −0.084%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.394% cheaper against Binance than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.084%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.43 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 | Binance TAGUSDT | 0.0008294 | 0.0586 | pay 0.0293% / 4h | 3h 21m | $6.6M | $2.1M | 25x |
| Short | KuCoin TAGUSDTM | 0.0008254 | 0.0100 | get 0.0050% / 4h | 3h 21m | $134K | $34K | 25x |
Binance TAGUSDT
KuCoin TAGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$102.09
- Price spread: −0.477% → −0.084%
- −$39.37
- Slippage, 4 orders
- −$1,841.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,005.25
- Costs to cover
- 18.638%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 69 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, 2 min ago | 1.81 bp | 46.0 bp −$46 | 548.8 bp −$5,488 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 92.61 bp | 548.2 bp −$548 | doesn't fit | doesn't fit | doesn't fit |
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 1000TAGUSDT | +0.0100% | 4h | 0.0008273 | −0.248% | $528K | $601K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008267 | −0.321% | $1.5M | $142K | 20x | as long as short |
| KuCoin TAGUSDTMshort | +0.0100% | 4h | 0.0008254 | −0.477% | $134K | $34K | 25x | |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008288 | −0.068% | $3.9M | $349K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008242 | −0.623% | $290 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0540% | 4h | 0.0008278 | −0.188% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0576% | 1h | 0.0008287 | −0.083% | $2K | $199K | 5x | as long as short |
| MEXC TAG_USDT | +0.0576% | 4h | 0.0008287 | −0.080% | $5.7M | $226K | 100x | as long as short |
| Binance TAGUSDTlong | +0.0586% | 4h | 0.0008294 | long leg | $6.6M | $2.1M | 25x | |
| Aster TAGUSDT | +0.0662% | 4h | 0.0008280 | −0.164% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT