Funding you earn now, next payment 08:00 UTC−0.0272%/8h= −29.8% APRnext payment −$1.36 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BingX+0.123%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1271.266% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.123%, 7d avg +0.011%
=The price spread pays, funding is against you. Binance is 0.112% dearer against BingX than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.011%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAC-USDT | 0.001632 | 0.1037 | pay 0.0519% / 4h | 2h 42m | — | $1.3M | — |
| Short | Binance TACUSDT | 0.001634 | 0.0765 | get 0.0382% / 4h | 2h 42m | $2.8M | $2.3M | 10x |
BingX TAC-USDT
Binance TACUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$57.2
- Price spread: +0.123% → +0.011%
- $11.17
- Slippage, 4 orders
- −$106.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$172.66
- Costs to cover
- 1.266%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 8 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 BingX live order book, 8 min ago | 6.10 bp | 23.2 bp −$23 | 88.0 bp −$880 | 1262.0 bp −$126.2K | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.05 bp | 41.6 bp −$42 | 200.7 bp −$2,007 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TACUSDTM | +0.0618% | 4h | 0.001635 | +0.184% | $1.4M | $181K | 10x | as long as short |
| Aster TACUSDT | +0.0626% | 4h | 0.001634 | +0.097% | $24K | $11K | 5x | as long as short |
| Binance TACUSDTshort | +0.0765% | 4h | 0.001634 | +0.123% | $2.8M | $2.3M | 10x | |
| Extended TAC-USD | +0.0768% | 1h | 0.001634 | +0.129% | $1K | $128K | 5x | as long as short |
| BloFin TAC-USDT | +0.0769% | 4h | 0.001634 | +0.123% | $181K | $4K | 10x | as long as short |
| MEXC TAC_USDT | +0.0772% | 4h | 0.001635 | +0.184% | $484K | $131K | 50x | as long as short |
| Variational Omni TAC | +0.0858% | 4h | 0.001635 | +0.197% | $16 | — | — | as long as short |
| Bybit TACUSDT | +0.0901% | 4h | 0.001632 | 0.000% | $1.2M | $198K | 5x | as long as short |
| Gate TAC_USDT | +0.0990% | 4h | 0.001636 | +0.245% | $254K | $183K | 10x | as long as short |
| BingX TAC-USDTlong | +0.1037% | 4h | 0.001632 | long leg | — | $1.3M | — |
KuCoin TACUSDTM
Aster TACUSDT
Extended TAC-USD
BloFin TAC-USDT
MEXC TAC_USDT
Variational Omni TAC
Bybit TACUSDT
Gate TAC_USDT