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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TACUSDT | 0.001650 | 0.0584 | pay 0.0292% / 4h | 2h 55m | $2.8M | $2.3M | 10x |
| Short | Gate TAC_USDT | 0.001652 | 0.1094 | get 0.0547% / 4h | 2h 55m | $259K | $184K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 6.00 bp | 28.5 bp −$29 | 219.0 bp −$2,190 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 3.01 bp | 197.0 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
TAC 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 TACUSDT | +0.0100% | 4h | 0.001650 | 0.000% | $1.2M | $203K | 5x | as long as short |
| Variational Omni TAC | +0.0100% | 4h | 0.001646 | −0.258% | $16 | — | — | as long as short |
| KuCoin TACUSDTM | +0.0286% | 4h | 0.001648 | −0.121% | $1.4M | $200K | 10x | as long as short |
| Aster TACUSDT | +0.0537% | 4h | 0.001648 | −0.139% | $25K | $7K | 5x | as long as short |
| Extended TAC-USD | +0.0584% | 1h | 0.001649 | −0.033% | $2K | $150K | 5x | as long as short |
| MEXC TAC_USDT | +0.0584% | 4h | 0.001650 | 0.000% | $487K | $131K | 50x | as long as short |
| Binance TACUSDTlong | +0.0584% | 4h | 0.001650 | long leg | $2.8M | $2.3M | 10x | |
| BingX TAC-USDT | +0.0590% | 4h | 0.001651 | +0.061% | — | $1.3M | — | as long as short |
| BloFin TAC-USDT | +0.0625% | 4h | 0.001649 | −0.061% | $183K | $9K | 10x | as long as short |
| Gate TAC_USDTshort | +0.1094% | 4h | 0.001652 | +0.121% | $259K | $184K | 10x |
Binance TACUSDT
Gate TAC_USDT
Bybit TACUSDT
Variational Omni TAC
KuCoin TACUSDTM
Aster TACUSDT
Extended TAC-USD
MEXC TAC_USDT
BingX TAC-USDT
BloFin TAC-USDT