Funding you earn now, next payment 05:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.063%
Price spread now: Bitget against Extended+0.114%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3103.102% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.114%, 7d avg +0.059%
=Together, before fees−0.128%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.055% dearer against Extended than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.059%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.099% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TAG-USD | 0.0008169 | 0.0600 | pay 0.0075% / 1h | 1m 33s | $3K | $262K | 5x |
| Short | Bitget TAGUSDT | 0.0008178 | 0.0100 | get 0.0050% / 4h | 3h 01m | $3.8M | $347K | 20x |
Extended TAG-USD
Bitget TAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$105
- Price spread: +0.114% → +0.059%
- $5.53
- Slippage, 4 orders
- −$293.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$409.67
- Costs to cover
- 3.102%
- Break-even
- never at this rate
Slippage from Extended: live order book, 50 min ago; Bitget: live order book, 1 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 Extended live order book, 50 min ago | 12.09 bp | 104.4 bp −$104 | 901.4 bp −$9,014 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.93 bp | 44.5 bp −$44 | 364.9 bp −$3,649 | 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 1000TAGUSDT | +0.0100% | 4h | 0.0008142 | −0.327% | $524K | $612K | 5x | as long as short |
| Gate TAG_USDT | +0.0100% | 4h | 0.0008157 | −0.143% | $1.4M | $155K | 20x | as long as short |
| KuCoin TAGUSDTM | +0.0100% | 4h | 0.0008174 | +0.065% | $132K | $34K | 25x | as long as short |
| Bitget TAGUSDTshort | +0.0100% | 4h | 0.0008178 | +0.114% | $3.8M | $347K | 20x | |
| Variational Omni TAG | +0.0100% | 4h | 0.0008217 | +0.592% | $289 | $1K | — | as long as short |
| BingX TAG-USDT | +0.0576% | 4h | 0.0008149 | −0.241% | — | $1.3M | — | as long as short |
| MEXC TAG_USDT | +0.0598% | 4h | 0.0008170 | +0.016% | $5.5M | $147K | 100x | as long as short |
| Binance TAGUSDT | +0.0599% | 4h | 0.0008175 | +0.073% | $6.5M | $2.1M | 25x | as long as short |
| Extended TAG-USDlong | +0.0600% | 1h | 0.0008169 | long leg | $3K | $262K | 5x | |
| Aster TAGUSDT | +0.0694% | 4h | 0.0008174 | +0.067% | $70K | $6K | 5x | as long as short |
Bybit 1000TAGUSDT
Gate TAG_USDT
KuCoin TAGUSDTM
Variational Omni TAG
BingX TAG-USDT
MEXC TAG_USDT
Binance TAGUSDT
Aster TAGUSDT