TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against Binance−0.182%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1171.172% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days+0.190%+$19 · spread now −0.182%, 7d avg −0.011%

Together, before fees+0.166%+$17 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: BingX is 0.171% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TACUSDT	0.001648	0.0557	pay 0.0278% / 4h	2h 07m	$2.8M	$2.4M	10x
Short	BingX TAC-USDT	0.001645	0.0556	get 0.0278% / 4h	2h 07m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now −0.182%Rate

Funding earned: −$0.18
Price spread: −0.182% → −0.011%: −$17.1
Slippage, 4 orders: −$97.17
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$134.45
Costs to cover: 1.172%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; BingX: live order book, 7 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 Binance live order book, 13 min ago	6.02 bp	32.1 bp −$32	220.0 bp −$2,200	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	6.05 bp	24.3 bp −$24	114.7 bp −$1,147	doesn't fit	doesn't fit

TAC on 9 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 TACUSDT	+0.0100%	4h	0.001648	0.000%	$1.2M	$204K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001649	+0.043%	$16	—	—	as long as short
KuCoin TACUSDTM	+0.0422%	4h	0.001646	−0.121%	$1.4M	$202K	10x	as long as short
Aster TACUSDT	+0.0501%	4h	0.001647	−0.033%	$24K	$9K	5x	as long as short
BingX TAC-USDTshort	+0.0556%	4h	0.001645	−0.182%	—	$1.3M	—
Binance TACUSDTlong	+0.0557%	4h	0.001648	long leg	$2.8M	$2.4M	10x
Extended TAC-USD	+0.0560%	1h	0.001648	−0.022%	$3K	$150K	5x	as long as short
MEXC TAC_USDT	+0.0562%	4h	0.001648	0.000%	$486K	$134K	50x	as long as short
Gate TAC_USDT	+0.0848%	4h	0.001648	0.000%	$257K	$187K	10x	as long as short