Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.52 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.119%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3023.019% of the position
Funding, last 7 days−0.286%−$29 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.119%, 7d avg +0.126%
=The price spread sits at its 7-day average of +0.126%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TAGUSDT | 0.0008389 | 0.0205 | pay 0.0102% / 4h | 2h 20m | $578K | $635K | 5x |
| Short | Bitget TAGUSDT | 0.0008399 | 0.0100 | get 0.0050% / 4h | 2h 20m | $3.9M | $376K | 20x |
Bybit 1000TAGUSDT
Bitget TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$22.01
- Price spread: +0.119% → +0.126%
- −$0.64
- Slippage, 4 orders
- −$278.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$324.6
- Costs to cover
- 3.019%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; Bitget: live order book, 2 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 Bybit live order book, 40 min ago | 5.95 bp | 101.3 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.72 bp | 48.6 bp −$49 | 525.6 bp −$5,256 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TAG_USDT | +0.0100% | 4h | 0.0008366 | −0.274% | $1.5M | $165K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008376 | −0.155% | $136K | $34K | 25x | as long as short |
| Bitget TAGUSDTshort | +0.0100% | 4h | 0.0008399 | +0.119% | $3.9M | $376K | 20x | |
| Variational Omni TAG | +0.0100% | 4h | 0.0008403 | +0.166% | $295 | $552 | — | as long as short |
| Bybit 1000TAGUSDTlong | +0.0205% | 4h | 0.0008389 | long leg | $578K | $635K | 5x | |
| BingX TAG-USDT | +0.1154% | 4h | 0.0008379 | −0.119% | — | $1.3M | — | as long as short |
| Binance TAGUSDT | +0.1160% | 4h | 0.0008382 | −0.085% | $6.6M | $2.2M | 25x | as long as short |
| Extended TAG-USD | +0.1160% | 1h | 0.0008381 | −0.101% | $959 | $180K | 5x | as long as short |
| MEXC TAG_USDT | +0.1162% | 4h | 0.0008381 | −0.095% | $5.7M | $138K | 100x | as long as short |
| Aster TAGUSDT | +0.1302% | 4h | 0.0008372 | −0.198% | $71K | $6K | 5x | as long as short |
Gate TAG_USDT
KuCoin TAGUSDTM
Variational Omni TAG
BingX TAG-USDT
Binance TAGUSDT
Extended TAG-USD
MEXC TAG_USDT
Aster TAGUSDT