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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0510%/8h= +55.8% APRnext payment +$2.55 per $10,000 · paid last 24h +0.015%
Price spread now: Gate against Binance+0.121%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3643.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.831%−$83 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.121%, 7d avg +0.064%
Together, before fees−0.717%−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.058% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.064%. Mind the row above: over the last 7 days funding on this pair cost −0.831%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TACUSDT0.0016500.0584pay 0.0292% / 4h2h 55m$2.8M$2.3M10x
ShortGate TAC_USDT0.0016520.1094get 0.0547% / 4h2h 55m$259K$184K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$107.03
Price spread: +0.121% → +0.064%
$5.76
Slippage, 4 orders
−$338.53
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$250.73
Costs to cover
3.635%
Break-even
23.4 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 6 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, 10 min ago6.00 bp28.5 bp −$29219.0 bp −$2,190doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago3.01 bp197.0 bp −$197doesn't fitdoesn'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
Bybit TACUSDT+0.0100%4h0.0016500.000%$1.2M$203K5xas long as short
Variational Omni TAC+0.0100%4h0.001646−0.258%$16as long as short
KuCoin TACUSDTM+0.0286%4h0.001648−0.121%$1.4M$200K10xas long as short
Aster TACUSDT+0.0537%4h0.001648−0.139%$25K$7K5xas long as short
Extended TAC-USD+0.0584%1h0.001649−0.033%$2K$150K5xas long as short
MEXC TAC_USDT+0.0584%4h0.0016500.000%$487K$131K50xas long as short
Binance TACUSDTlong+0.0584%4h0.001650long leg$2.8M$2.3M10x
BingX TAC-USDT+0.0590%4h0.001651+0.061%$1.3Mas long as short
BloFin TAC-USDT+0.0625%4h0.001649−0.061%$183K$9K10xas long as short
Gate TAC_USDTshort+0.1094%4h0.001652+0.121%$259K$184K10x