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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h 0.000%
Price spread now: BloFin against Extended−0.278%74s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2432.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.341%+$34 · spread now −0.278%, 7d avg +0.052%
Together, before fees+0.355%+ Points / potential airdropExtended: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.330% cheaper against Extended than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.052%). If the spread goes back, that is −$33 on $10k: about 31 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 5 months. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAC-USD0.0016560.0592pay 0.0074% / 1h49m 52s$2K$150K5x
ShortBloFin TAC-USDT0.0016510.0628get 0.0314% / 4h2h 49m$185K$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
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How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$7.58
Price spread: −0.278% → +0.052%
−$33.04
Slippage, 4 orders
−$225.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$268.09
Costs to cover
2.426%
Break-even
254.7 days
Slippage from Extended: live order book, 16 min ago; BloFin: live order book, 10 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 Extended live order book, 16 min ago6.00 bp104.9 bp −$105582.1 bp −$5,821doesn't fitdoesn't fit
Sell BloFin live order book, 10 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 TACUSDT+0.0100%4h0.001658+0.144%$1.2M$204K5xas long as short
Variational Omni TAC+0.0100%4h0.001655−0.022%$17as long as short
KuCoin TACUSDTM+0.0310%4h0.001657+0.084%$1.4M$201K10xas long as short
BingX TAC-USDT+0.0552%4h0.001657+0.084%$1.3Mas long as short
Aster TACUSDT+0.0555%4h0.001658+0.116%$25K$7K5xas long as short
MEXC TAC_USDT+0.0588%4h0.001656+0.024%$488K$131K50xas long as short
Extended TAC-USDlong+0.0592%1h0.001656long leg$2K$150K5x
Binance TACUSDT+0.0592%4h0.001656+0.024%$2.8M$2.3M10xas long as short
BloFin TAC-USDTshort+0.0628%4h0.001651−0.278%$185K$9K10x
Gate TAC_USDT+0.1044%4h0.001658+0.144%$260K$184K10xas long as short