TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0203%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.124%

Price spread now: BingX against Bybit+0.061%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$256as in the Price arb table

costs, in and out, $10k−$2592.587% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.837%+$84 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.061%, 7d avg +0.032%

Together, before fees+0.785%+$78 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TACUSDT	0.001633	0.0369	pay 0.0184% / 4h	1h 16m	$1.2M	$193K	5x
Short	BingX TAC-USDT	0.001634	0.0572	get 0.0286% / 4h	1h 16m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $42.69
Price spread: +0.061% → +0.032%: $2.96
Slippage, 4 orders: −$237.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$213.05
Costs to cover: 2.587%
Break-even: 41.9 days

Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago	3.06 bp	96.9 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	6.12 bp	25.4 bp −$25	123.4 bp −$1,234	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
Variational Omni TAC	+0.0129%	4h	0.001632	−0.049%	$16	—	—	as long as short
KuCoin TACUSDTM	+0.0312%	4h	0.001630	−0.184%	$1.4M	$192K	10x	as long as short
Bybit TACUSDTlong	+0.0369%	4h	0.001633	long leg	$1.2M	$193K	5x
Aster TACUSDT	+0.0506%	4h	0.001635	+0.107%	$24K	$10K	5x	as long as short
BingX TAC-USDTshort	+0.0572%	4h	0.001634	+0.061%	—	$1.3M	—
BloFin TAC-USDT	+0.0593%	4h	0.001631	−0.122%	$184K	$4K	10x	as long as short
MEXC TAC_USDT	+0.0606%	4h	0.001634	+0.061%	$479K	$133K	50x	as long as short
Extended TAC-USD	+0.0608%	1h	0.001635	+0.128%	$4K	$147K	5x	as long as short
Binance TACUSDT	+0.0611%	4h	0.001633	0.000%	$2.8M	$2.2M	10x	as long as short
Gate TAC_USDT	+0.0702%	4h	0.001635	+0.122%	$255K	$183K	10x	as long as short