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

TAG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Gate−0.133%7-day average +0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,216as in the Price arb table
costs, in and out, $10k−$1,18311.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.133%, 7d avg +0.201%
Together, before fees−0.077%−$8 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: KuCoin is 0.334% cheaper against Gate than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TAG_USDT0.00082780.0100pay 0.0050% / 4h3h 26m$1.5M$156K20x
ShortKuCoin TAGUSDTM0.00082670.0100get 0.0050% / 4h3h 26m$134K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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: −0.133% → +0.201%
−$33.4
Slippage, 4 orders
−$1,155.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,216.37
Costs to cover
11.830%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 17 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 Gate live order book, 1 min ago12.08 bp238.7 bp −$239doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 17 min ago122.53 bp364.5 bp −$364doesn'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 1000TAGUSDT+0.0100%4h0.0008285+0.085%$548K$583K5xas long as short
Gate TAG_USDTlong+0.0100%4h0.0008278long leg$1.5M$156K20x
KuCoin TAGUSDTMshort+0.0100%4h0.0008267−0.133%$134K$34K25x
Bitget TAGUSDT+0.0100%4h0.0008321+0.519%$3.9M$359K20xas long as short
Variational Omni TAG+0.0100%4h0.0008313+0.424%$373$471as long as short
BingX TAG-USDT+0.1076%4h0.0008296+0.217%$1.3Mas long as short
Extended TAG-USD+0.1144%1h0.0008314+0.434%$1K$187K5xas long as short
MEXC TAG_USDT+0.1144%4h0.0008317+0.471%$5.7M$140K100xas long as short
Binance TAGUSDT+0.1144%4h0.0008315+0.446%$6.6M$2.1M25xas long as short
Aster TAGUSDT+0.1307%4h0.0008285+0.085%$71K$6K5xas long as short