TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0720%/8h= +78.8% APRnext payment +$3.60 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against BingX+0.243%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$415as in the Funding arb table

Net, price: spread back to 7d avg − costs−$317as in the Price arb table

costs, in and out, $10k−$3343.341% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.806%−$81 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.243%, 7d avg +0.076%

Together, before fees−0.963%−$96 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Gate is 0.167% dearer against BingX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.806%, 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	BingX TAC-USDT	0.001644	0.0474	pay 0.0237% / 4h	3h 46m	—	$1.3M	—
Short	Gate TAC_USDT	0.001648	0.1194	get 0.0597% / 4h	3h 46m	$260K	$179K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now +0.243%Rate

Funding earned: $151.2
Price spread: +0.243% → +0.076%: $16.75
Slippage, 4 orders: −$309.07
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$166.12
Costs to cover: 3.341%
Break-even: 14.7 days

Slippage from BingX: live order book, 4 min ago; Gate: live order book, 20 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, 4 min ago	9.11 bp	29.5 bp −$30	97.6 bp −$976	doesn't fit	doesn't fit
Sell Gate live order book, 20 min ago	9.13 bp	106.8 bp −$107	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	0.001645	+0.061%	$1.2M	$197K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001644	−0.015%	$16	—	—	as long as short
KuCoin TACUSDTM	+0.0104%	4h	0.001645	+0.061%	$1.4M	$196K	10x	as long as short
Aster TACUSDT	+0.0461%	4h	0.001648	+0.241%	$25K	$7K	5x	as long as short
BingX TAC-USDTlong	+0.0474%	4h	0.001644	long leg	—	$1.3M	—
MEXC TAC_USDT	+0.0508%	4h	0.001645	+0.061%	$480K	$130K	50x	as long as short
Binance TACUSDT	+0.0508%	4h	0.001645	+0.061%	$2.8M	$2.2M	10x	as long as short
Extended TAC-USD	+0.0512%	1h	0.001644	−0.021%	$1K	$169K	5x	as long as short
BloFin TAC-USDT	+0.0517%	4h	0.001649	+0.304%	$183K	$8K	10x	as long as short
Gate TAC_USDTshort	+0.1194%	4h	0.001648	+0.243%	$260K	$179K	10x