Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against Bybit+0.097%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$796as in the Funding arb table
Net, price: spread back to 7d avg − costs−$745as in the Price arb table
costs, in and out, $10k−$7707.697% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now +0.097%, 7d avg −0.150%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.247% dearer against Bybit than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.150%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TAGUSDT | 0.0008243 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $525K | $605K | 5x |
| Short | Gate TAG_USDT | 0.0008251 | 0.0100 | get 0.0050% / 4h | 3h 48m | $1.5M | $142K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.097% → −0.150%
- $24.71
- Slippage, 4 orders
- −$743.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$745
- Costs to cover
- 7.697%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 42 min ago; Gate: live order book, 4 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, 42 min ago | 4.24 bp | 224.9 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 13.30 bp | 264.9 bp −$265 | 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 1000TAGUSDTlong | +0.0100% | 4h | 0.0008243 | long leg | $525K | $605K | 5x | |
| Gate TAG_USDTshort | +0.0100% | 4h | 0.0008251 | +0.097% | $1.5M | $142K | 20x | |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008255 | +0.146% | $134K | $34K | 25x | as long as short |
| Bitget TAGUSDT | +0.0100% | 4h | 0.0008279 | +0.437% | $3.9M | $353K | 20x | as long as short |
| Variational Omni TAG | +0.0100% | 4h | 0.0008291 | +0.578% | $292 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0592% | 4h | 0.0008262 | +0.230% | — | $1.3M | — | as long as short |
| Extended TAG-USD | +0.0600% | 1h | 0.0008264 | +0.261% | $2K | $200K | 5x | as long as short |
| Binance TAGUSDT | +0.0601% | 4h | 0.0008265 | +0.263% | $6.5M | $2.1M | 25x | as long as short |
| MEXC TAG_USDT | +0.0606% | 4h | 0.0008264 | +0.255% | $5.7M | $220K | 100x | as long as short |
| Aster TAGUSDT | +0.0710% | 4h | 0.0008271 | +0.337% | $71K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Bitget TAGUSDT
Variational Omni TAG
BingX TAG-USDT
Extended TAG-USD
Binance TAGUSDT
MEXC TAG_USDT
Aster TAGUSDT