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

TAG

all TAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0751%/8h= +82.3% APRnext payment +$3.76 per $10,000 · paid last 24h +0.224%
Price spread now: Aster against Bybit+0.261%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.360%+$36 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aster is 0.261% dearer against Bybit than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.360% in total (about 18.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000TAGUSDT0.00082720.0100pay 0.0050% / 4h3h 54m$535K$633K5x
ShortAster TAGUSDT0.00082940.0851get 0.0426% / 4h3h 54m$71K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$157.79
Price spread: +0.261% → 0.000%
$26.11
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$164.91
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Bybit: live order book, 56 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 56 min ago3.65 bp210.0 bp −$210doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 1000TAGUSDTlong+0.0100%4h0.0008272long leg$535K$633K5x
Gate TAG_USDT+0.0100%4h0.0008266−0.073%$1.5M$151K20xas long as short
KuCoin TAGUSDTM+0.0100%4h0.0008268−0.048%$134K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008299+0.326%$3.9M$364K20xas long as short
Variational Omni TAG+0.0100%4h0.0008293+0.254%$291$1Kas long as short
BingX TAG-USDT+0.0642%4h0.0008281+0.109%$1.3Mas long as short
Binance TAGUSDT+0.0653%4h0.0008284+0.146%$6.5M$2.1M25xas long as short
Extended TAG-USD+0.0656%1h0.0008282+0.116%$943$185K5xas long as short
MEXC TAG_USDT+0.0664%4h0.0008285+0.157%$5.6M$134K100xas long as short
Aster TAGUSDTshort+0.0851%4h0.0008294+0.261%$71K$6K5x