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

TAC

all TAC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against BloFin+0.061%64s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1051.050% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.061%, 7d avg −0.037%
Together, before fees−0.176%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.098% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAC-USDT0.0016330.0652pay 0.0326% / 4h2h 36m$181K$4K10x
ShortMEXC TAC_USDT0.0016340.0710get 0.0355% / 4h2h 36m$484K$131K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$12.19
Price spread: +0.061% → −0.037%
$9.82
Slippage, 4 orders
−$89.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$83.02
Costs to cover
1.050%
Break-even
54.7 days
Slippage from BloFin: live order book, 44 min ago; MEXC: live order book, 3 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, 44 min ago3.06 bp20.5 bp −$2087.2 bp −$872doesn't fitdoesn't fit
Sell MEXC live order book, 3 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
Aster TACUSDT+0.0578%4h0.001632−0.064%$24K$11K5xas long as short
KuCoin TACUSDTM+0.0580%4h0.0016330.000%$1.4M$181K10xas long as short
Bybit TACUSDT+0.0630%4h0.0016330.000%$1.2M$199K5xas long as short
BloFin TAC-USDTlong+0.0652%4h0.001633long leg$181K$4K10x
MEXC TAC_USDTshort+0.0710%4h0.001634+0.061%$484K$131K50x
Binance TACUSDT+0.0711%4h0.001634+0.088%$2.8M$2.3M10xas long as short
Extended TAC-USD+0.0712%1h0.001634+0.036%$1K$128K5xas long as short
BingX TAC-USDT+0.0714%4h0.001631−0.122%$1.3Mas long as short
Gate TAC_USDT+0.0810%4h0.0016330.000%$253K$183K10xas long as short
Variational Omni TAC+0.0814%4h0.001629−0.231%$16as long as short