Funding you earn now, next payment 12:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Bybit0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2462.462% of the position
Funding, last 7 days+0.870%+$87 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now 0.000%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.044% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.870%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TACUSDT | 0.001614 | 0.1356 | pay 0.0678% / 4h | 2h 21m | $1.2M | $190K | 5x |
| Short | Binance TACUSDT | 0.001614 | 0.1010 | get 0.0505% / 4h | 2h 21m | $2.8M | $2.3M | 10x |
Bybit TACUSDT
Binance TACUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$72.6
- Price spread: 0.000% → +0.044%
- −$4.44
- Slippage, 4 orders
- −$225.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$323.24
- Costs to cover
- 2.462%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 7 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 Bybit live order book, 2 min ago | 3.10 bp | 103.9 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.09 bp | 36.9 bp −$37 | 162.6 bp −$1,626 | doesn't fit | doesn't fit |
TAC on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TACUSDT | +0.0786% | 4h | 0.001616 | +0.114% | $25K | $15K | 5x | as long as short |
| KuCoin TACUSDTM | +0.0796% | 4h | 0.001613 | −0.062% | $1.4M | $172K | 10x | as long as short |
| Extended TAC-USD | +0.1008% | 1h | 0.001614 | −0.030% | $2K | $224K | 5x | as long as short |
| MEXC TAC_USDT | +0.1010% | 4h | 0.001614 | 0.000% | $455K | $130K | 50x | as long as short |
| Binance TACUSDTshort | +0.1010% | 4h | 0.001614 | 0.000% | $2.8M | $2.3M | 10x | |
| BloFin TAC-USDT | +0.1023% | 4h | 0.001614 | 0.000% | $178K | $7K | 10x | as long as short |
| Variational Omni TAC | +0.1142% | 4h | 0.001615 | +0.041% | $16 | — | — | as long as short |
| BingX TAC-USDT | +0.1240% | 4h | 0.001614 | 0.000% | — | $1.3M | — | as long as short |
| Bybit TACUSDTlong | +0.1356% | 4h | 0.001614 | long leg | $1.2M | $190K | 5x | |
| Gate TAC_USDT | +0.1624% | 4h | 0.001618 | +0.248% | $254K | $180K | 10x | as long as short |
Aster TACUSDT
KuCoin TACUSDTM
Extended TAC-USD
MEXC TAC_USDT
BloFin TAC-USDT
Variational Omni TAC
BingX TAC-USDT
Gate TAC_USDT