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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0760%/8h= +83.3% APRnext payment +$3.80 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against BloFin+0.554%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2992.985% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.885%−$89 on $10k
Price spread, last 3 days (all we have)−0.699%−$70 · spread now +0.554%, 7d avg +0.031%
Together, before fees−1.585%−$158 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.523% dearer against BloFin than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.885%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAC-USDT0.0016250.0402pay 0.0201% / 4h1h 13m$180K$8K10x
ShortGate TAC_USDT0.0016340.1162get 0.0581% / 4h1h 13m$255K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$159.69
Price spread: +0.554% → +0.031%
$52.32
Slippage, 4 orders
−$271.53
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$86.52
Costs to cover
2.985%
Break-even
10.8 days
Slippage from BloFin: live order book, 61 min ago; Gate: live order book, 64 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 BloFin live order book, 61 min ago12.33 bp31.3 bp −$31119.4 bp −$1,194doesn't fitdoesn't fit
Sell Gate live order book, 64 min ago9.22 bp114.2 bp −$114doesn't fitdoesn't fitdoesn'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
Bybit TACUSDT+0.0100%4h0.001631+0.369%$1.2M$193K5xas long as short
Variational Omni TAC+0.0100%4h0.001629+0.264%$16as long as short
KuCoin TACUSDTM+0.0138%4h0.001627+0.123%$1.4M$197K10xas long as short
Aster TACUSDT+0.0370%4h0.001626+0.062%$25K$7K5xas long as short
BloFin TAC-USDTlong+0.0402%4h0.001625long leg$180K$8K10x
BingX TAC-USDT+0.0424%4h0.001630+0.308%$1.3Mas long as short
MEXC TAC_USDT+0.0438%4h0.001630+0.308%$479K$135K50xas long as short
Extended TAC-USD+0.0440%1h0.001630+0.322%$3K$167K5xas long as short
Binance TACUSDT+0.0441%4h0.001631+0.346%$2.8M$2.2M10xas long as short
Gate TAC_USDTshort+0.1162%4h0.001634+0.554%$255K$182K10x