TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against BloFin+0.182%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1461.456% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)−0.282%−$28 · spread now +0.182%, 7d avg −0.016%

Together, before fees−0.300%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.198% dearer against BloFin than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of −0.016%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−0.019% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TAC-USDT	0.001650	0.0556	pay 0.0278% / 4h	3h 40m	$183K	$8K	10x
Short	Binance TACUSDT	0.001653	0.0535	get 0.0267% / 4h	3h 40m	$2.8M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.182%Rate

Funding earned: −$4.58
Price spread: +0.182% → −0.016%: $19.79
Slippage, 4 orders: −$123.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$130.38
Costs to cover: 1.456%
Break-even: never at this rate

Slippage from BloFin: live order book, 24 min ago; Binance: live order book, 10 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 BloFin live order book, 24 min ago	6.09 bp	23.7 bp −$24	90.5 bp −$905	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	3.04 bp	42.1 bp −$42	223.8 bp −$2,238	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	0.001655	+0.303%	$1.2M	$196K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001655	+0.318%	$16	—	—	as long as short
KuCoin TACUSDTM	+0.0174%	4h	0.001656	+0.364%	$1.4M	$197K	10x	as long as short
Aster TACUSDT	+0.0485%	4h	0.001657	+0.407%	$25K	$7K	5x	as long as short
BingX TAC-USDT	+0.0486%	4h	0.001653	+0.182%	—	$1.3M	—	as long as short
Extended TAC-USD	+0.0520%	1h	0.001655	+0.278%	$1K	$169K	5x	as long as short
MEXC TAC_USDT	+0.0522%	4h	0.001654	+0.242%	$483K	$130K	50x	as long as short
Binance TACUSDTshort	+0.0535%	4h	0.001653	+0.182%	$2.8M	$2.2M	10x
BloFin TAC-USDTlong	+0.0556%	4h	0.001650	long leg	$183K	$8K	10x
Gate TAC_USDT	+0.1340%	4h	0.001659	+0.545%	$261K	$180K	10x	as long as short