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 +0.001%
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.139%−$14 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000TAGUSDT0.00082430.0100pay 0.0050% / 4h3h 48m$525K$605K5x
ShortGate TAG_USDT0.00082510.0100get 0.0050% / 4h3h 48m$1.5M$142K20x

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 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: +0.097% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 42 min ago4.24 bp224.9 bp −$225doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago13.30 bp264.9 bp −$265doesn'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 1000TAGUSDTlong+0.0100%4h0.0008243long leg$525K$605K5x
Gate TAG_USDTshort+0.0100%4h0.0008251+0.097%$1.5M$142K20x
KuCoin TAGUSDTM+0.0100%4h0.0008255+0.146%$134K$34K25xas long as short
Bitget TAGUSDT+0.0100%4h0.0008279+0.437%$3.9M$353K20xas long as short
Variational Omni TAG+0.0100%4h0.0008291+0.578%$292$1Kas long as short
BingX TAG-USDT+0.0592%4h0.0008262+0.230%$1.3Mas long as short
Extended TAG-USD+0.0600%1h0.0008264+0.261%$2K$200K5xas long as short
Binance TAGUSDT+0.0601%4h0.0008265+0.263%$6.5M$2.1M25xas long as short
MEXC TAG_USDT+0.0606%4h0.0008264+0.255%$5.7M$220K100xas long as short
Aster TAGUSDT+0.0710%4h0.0008271+0.337%$71K$6K5xas long as short