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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.494%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4514.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.286%+$29 on $10k
Price spread, last 4 days (all we have)+0.390%+$39 · spread now −0.494%, 7d avg −0.145%
Together, before fees+0.676%+$68 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: Bybit is 0.349% cheaper against Bitget than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAGUSDT0.00083020.0100pay 0.0050% / 4h3h 53m$3.9M$352K20x
ShortBybit 1000TAGUSDT0.00082610.0100get 0.0050% / 4h3h 53m$526K$605K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
Price spread: −0.494% → −0.145%
−$34.87
Slippage, 4 orders
−$427.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$485.4
Costs to cover
4.505%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 37 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 Bitget live order book, 4 min ago9.61 bp60.9 bp −$61839.5 bp −$8,395doesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago4.24 bp109.0 bp −$109doesn't fitdoesn'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 1000TAGUSDTshort+0.0100%4h0.0008261−0.494%$526K$605K5x
Gate TAG_USDT+0.0100%4h0.0008265−0.446%$1.5M$142K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008266−0.434%$134K$34K25xas long as short
Bitget TAGUSDTlong+0.0100%4h0.0008302long leg$3.9M$352K20x
Variational Omni TAG+0.0100%4h0.0008300−0.023%$292$1Kas long as short
BingX TAG-USDT+0.0614%4h0.0008263−0.470%$1.3Mas long as short
Binance TAGUSDT+0.0615%4h0.0008286−0.188%$6.6M$2.1M25xas long as short
MEXC TAG_USDT+0.0622%4h0.0008288−0.169%$5.7M$220K100xas long as short
Extended TAG-USD+0.0624%1h0.0008285−0.208%$2K$200K5xas long as short
Aster TAGUSDT+0.0724%4h0.0008280−0.265%$71K$6K5xas long as short