Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin+0.121%96s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as 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−$1291.293% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)−0.283%−$28 · spread now +0.121%, 7d avg −0.039%
=The price spread pays, funding is against you. BingX is 0.160% dearer against BloFin than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of −0.039%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days. At the pace of the last 7 days (−0.043% in total) that is about 26 days. 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 | BloFin TAC-USDT | 0.001650 | 0.0556 | pay 0.0278% / 4h | 3h 39m | $183K | $8K | 10x |
| Short | BingX TAC-USDT | 0.001652 | 0.0486 | get 0.0243% / 4h | 3h 39m | — | $1.3M | — |
BloFin TAC-USDT
BingX TAC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$14.79
- Price spread: +0.121% → −0.039%
- $16.02
- Slippage, 4 orders
- −$107.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$128.09
- Costs to cover
- 1.293%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; BingX: live order book, 11 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, 25 min ago | 6.09 bp | 23.7 bp −$24 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 9.11 bp | 25.0 bp −$25 | 133.5 bp −$1,335 | 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 | 0.001652 | +0.121% | $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 | +0.0180% | 4h | 0.001655 | +0.303% | $1.4M | $197K | 10x | as long as short |
| Aster TACUSDT | +0.0485% | 4h | 0.001655 | +0.324% | $25K | $7K | 5x | as long as short |
| BingX TAC-USDTshort | +0.0486% | 4h | 0.001652 | +0.121% | — | $1.3M | — | |
| MEXC TAC_USDT | +0.0534% | 4h | 0.001652 | +0.121% | $483K | $130K | 50x | as long as short |
| Binance TACUSDT | +0.0535% | 4h | 0.001652 | +0.121% | $2.8M | $2.2M | 10x | as long as short |
| Extended TAC-USD | +0.0536% | 1h | 0.001651 | +0.036% | $1K | $169K | 5x | as long as short |
| BloFin TAC-USDTlong | +0.0556% | 4h | 0.001650 | long leg | $183K | $8K | 10x | |
| Gate TAC_USDT | +0.1362% | 4h | 0.001659 | +0.545% | $261K | $180K | 10x | as long as short |
Bybit TACUSDT
Variational Omni TAC
KuCoin TACUSDTM
Aster TACUSDT
MEXC TAC_USDT
Binance TACUSDT
Extended TAC-USD
Gate TAC_USDT