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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.90 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.006%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TAC-USDT0.0016300.0904pay 0.0452% / 4h2h 38m$1.3M
ShortMEXC TAC_USDT0.0016300.0724get 0.0362% / 4h2h 38m$482K$131K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
−$37.8
Price spread: 0.000% → −0.006%
$0.64
Slippage, 4 orders
−$81.24
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$132.4
Costs to cover
0.952%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 1 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 BingX live order book, 3 min ago6.14 bp25.3 bp −$2592.0 bp −$920doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.07 bp23.9 bp −$24117.8 bp −$1,178292.7 bp −$29.3Kdoesn'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
KuCoin TACUSDTM+0.0580%4h0.0016300.000%$1.4M$181K10xas long as short
Aster TACUSDT+0.0583%4h0.001629−0.085%$24K$11K5xas long as short
Bybit TACUSDT+0.0675%4h0.0016300.000%$1.2M$199K5xas long as short
Binance TACUSDT+0.0712%4h0.001632+0.096%$2.8M$2.3M10xas long as short
Extended TAC-USD+0.0712%1h0.001630−0.028%$1K$128K5xas long as short
MEXC TAC_USDTshort+0.0724%4h0.0016300.000%$482K$131K50x
BloFin TAC-USDT+0.0739%4h0.001631+0.061%$181K$4K10xas long as short
Variational Omni TAC+0.0814%4h0.001629−0.047%$16as long as short
Gate TAC_USDT+0.0816%4h0.0016300.000%$253K$183K10xas long as short
BingX TAC-USDTlong+0.0904%4h0.001630long leg$1.3M