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

TAG

all TAG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.036%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1561.565% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.036%, 7d avg +0.014%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAGUSDT0.00082700.0621pay 0.0310% / 4h2h 50m$6.5M$2.1M25x
ShortMEXC TAG_USDT0.00082730.0622get 0.0311% / 4h2h 50m$5.6M$143K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0.22
Price spread: +0.036% → +0.014%
$2.19
Slippage, 4 orders
−$142.46
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$154.05
Costs to cover
1.565%
Break-even
4851.4 days
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago3.02 bp49.3 bp −$49559.4 bp −$5,594doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.02 bp34.8 bp −$3579.3 bp −$793218.7 bp −$21.9Kdoesn'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%4h0.0008247−0.278%$531K$605K5xas long as short
Gate TAG_USDT+0.0100%4h0.0008259−0.133%$1.5M$141K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.00082700.000%$134K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008288+0.218%$3.8M$341K20xas long as short
Variational Omni TAG+0.0100%4h0.0008282+0.146%$291$1Kas long as short
BingX TAG-USDT+0.0586%4h0.0008256−0.169%$1.3Mas long as short
Binance TAGUSDTlong+0.0621%4h0.0008270long leg$6.5M$2.1M25x
MEXC TAG_USDTshort+0.0622%4h0.0008273+0.036%$5.6M$143K100x
Extended TAG-USD+0.0624%1h0.0008273+0.033%$3K$262K5xas long as short
Aster TAGUSDT+0.0714%4h0.0008250−0.242%$70K$6K5xas long as short