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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance−0.163%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.412%+$41 · spread now −0.163%, 7d avg +0.006%
Together, before fees+0.423%+$42 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: BloFin is 0.169% 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 +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TACUSDT0.0016200.0727pay 0.0363% / 4h26m 52s$2.8M$2.3M10x
ShortBloFin TAC-USDT0.0016170.0727get 0.0364% / 4h26m 52s$181K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$0.1
Price spread: −0.163% → +0.006%
−$16.92
Slippage, 4 orders
−$115.4
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$154.22
Costs to cover
1.374%
Break-even
10333.7 days
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 3 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 Binance live order book, 9 min ago6.19 bp32.7 bp −$33219.2 bp −$2,192doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago6.16 bp49.7 bp −$50129.9 bp −$1,299doesn't fitdoesn't fit

TAC 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
KuCoin TACUSDTM+0.0172%4h0.001620+0.022%$1.4M$192K10xas long as short
Variational Omni TAC+0.0290%4h0.001623+0.221%$16as long as short
Bybit TACUSDT+0.0500%4h0.001620+0.022%$1.2M$191K5xas long as short
Aster TACUSDT+0.0589%4h0.001623+0.207%$23K$11K5xas long as short
BingX TAC-USDT+0.0666%4h0.001620+0.022%$1.3Mas long as short
MEXC TAC_USDT+0.0714%4h0.001619−0.040%$472K$134K50xas long as short
Binance TACUSDTlong+0.0727%4h0.001620long leg$2.8M$2.3M10x
BloFin TAC-USDTshort+0.0727%4h0.001617−0.163%$181K$4K10x
Extended TAC-USD+0.0728%1h0.001619−0.037%$1K$152K5xas long as short
Gate TAC_USDT+0.0772%4h0.001625+0.331%$252K$186K10xas long as short