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

TAC

all TAC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0444%/8h= +48.6% APRnext payment +$2.22 per $10,000 · paid last 24h +0.129%
Price spread now: BloFin against Bybit−0.060%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2852.847% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.882%+$88 on $10k
Price spread, last 3 days (all we have)+0.235%+$23 · spread now −0.060%, 7d avg +0.078%
Together, before fees+1.116%+$112 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.138% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.078%). If the spread goes back, that is −$14 on $10k: about 25 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TACUSDT0.0016600.0100pay 0.0050% / 4h2h 48m$1.2M$204K5x
ShortBloFin TAC-USDT0.0016590.0544get 0.0272% / 4h2h 48m$186K$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$93.24
Price spread: −0.060% → +0.078%
−$13.82
Slippage, 4 orders
−$261.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$205.31
Costs to cover
2.847%
Break-even
22.4 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 11 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 Bybit live order book, 2 min ago6.03 bp115.5 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 11 min ago9.04 bp33.9 bp −$34114.2 bp −$1,142doesn'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 TACUSDTlong+0.0100%4h0.001660long leg$1.2M$204K5x
Variational Omni TAC+0.0100%4h0.001655−0.287%$17as long as short
KuCoin TACUSDTM+0.0314%4h0.001658−0.120%$1.4M$201K10xas long as short
BloFin TAC-USDTshort+0.0544%4h0.001659−0.060%$186K$9K10x
BingX TAC-USDT+0.0552%4h0.001658−0.120%$1.3Mas long as short
Aster TACUSDT+0.0554%4h0.0016600.000%$25K$7K5xas long as short
MEXC TAC_USDT+0.0592%4h0.001659−0.060%$489K$131K50xas long as short
Binance TACUSDT+0.0596%4h0.001659−0.060%$2.8M$2.3M10xas long as short
Extended TAC-USD+0.0600%1h0.001659−0.084%$633$152K5xas long as short
Gate TAC_USDT+0.1062%4h0.001663+0.181%$261K$184K10xas long as short