Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX+0.309%96s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1231.232% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.309%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.280% dearer against BingX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAC-USDT | 0.001620 | 0.0666 | pay 0.0333% / 4h | 27m 33s | — | $1.3M | — |
| Short | BloFin TAC-USDT | 0.001625 | 0.0701 | get 0.0351% / 4h | 27m 33s | $182K | $4K | 10x |
BingX TAC-USDT
BloFin TAC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.37
- Price spread: +0.309% → +0.028%
- $28.02
- Slippage, 4 orders
- −$101.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.8
- Costs to cover
- 1.232%
- Break-even
- 90.4 days
Slippage from BingX: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 3 min ago | 6.15 bp | 22.2 bp −$22 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 6.16 bp | 49.7 bp −$50 | 129.9 bp −$1,299 | 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 | +0.0174% | 4h | 0.001621 | +0.062% | $1.4M | $192K | 10x | as long as short |
| Variational Omni TAC | +0.0290% | 4h | 0.001623 | +0.199% | $16 | — | — | as long as short |
| Bybit TACUSDT | +0.0500% | 4h | 0.001624 | +0.247% | $1.2M | $191K | 5x | as long as short |
| Aster TACUSDT | +0.0589% | 4h | 0.001624 | +0.240% | $23K | $10K | 5x | as long as short |
| BingX TAC-USDTlong | +0.0666% | 4h | 0.001620 | long leg | — | $1.3M | — | |
| BloFin TAC-USDTshort | +0.0701% | 4h | 0.001625 | +0.309% | $182K | $4K | 10x | |
| Extended TAC-USD | +0.0712% | 1h | 0.001622 | +0.096% | $1K | $150K | 5x | as long as short |
| MEXC TAC_USDT | +0.0714% | 4h | 0.001621 | +0.062% | $472K | $134K | 50x | as long as short |
| Binance TACUSDT | +0.0727% | 4h | 0.001622 | +0.123% | $2.8M | $2.3M | 10x | as long as short |
| Gate TAC_USDT | +0.0772% | 4h | 0.001626 | +0.370% | $252K | $186K | 10x | as long as short |
KuCoin TACUSDTM
Variational Omni TAC
Bybit TACUSDT
Aster TACUSDT
Extended TAC-USD
MEXC TAC_USDT
Binance TACUSDT
Gate TAC_USDT