Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.053%
Price spread now: Binance against Gate−0.093%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$701as in the Funding arb table
Net, price: spread back to 7d avg − costs−$787as in the Price arb table
costs, in and out, $10k−$7847.842% of the position
Funding, last 7 days+0.828%+$83 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now −0.093%, 7d avg −0.063%
=Funding pays, the price is against you. Binance is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.063%). If the spread goes back, that is −$3 on $10k: about 5.9 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.828% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TAC_USDT | 0.001632 | 0.0722 | pay 0.0361% / 4h | 3h 33m | $253K | $186K | 10x |
| Short | Binance TACUSDT | 0.001630 | 0.0739 | get 0.0369% / 4h | 3h 33m | $2.8M | $2.3M | 10x |
Gate TAC_USDT
Binance TACUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $3.47
- Price spread: −0.093% → −0.063%
- −$2.91
- Slippage, 4 orders
- −$759.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$783.67
- Costs to cover
- 7.842%
- Break-even
- 1590.2 days
Slippage from Gate: live order book, 13 min ago; Binance: live order book, 2 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 Gate live order book, 13 min ago | 3.06 bp | 626.1 bp −$626 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.07 bp | 35.6 bp −$36 | 192.3 bp −$1,923 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TACUSDT | +0.0168% | 4h | 0.001630 | −0.123% | $1.2M | $196K | 5x | as long as short |
| KuCoin TACUSDTM | +0.0212% | 4h | 0.001630 | −0.123% | $1.4M | $194K | 10x | as long as short |
| Variational Omni TAC | +0.0575% | 4h | 0.001630 | −0.109% | $16 | — | — | as long as short |
| Aster TACUSDT | +0.0596% | 4h | 0.001632 | −0.025% | $24K | $11K | 5x | as long as short |
| Gate TAC_USDTlong | +0.0722% | 4h | 0.001632 | long leg | $253K | $186K | 10x | |
| BingX TAC-USDT | +0.0724% | 4h | 0.001631 | −0.061% | — | $1.3M | — | as long as short |
| Binance TACUSDTshort | +0.0739% | 4h | 0.001630 | −0.093% | $2.8M | $2.3M | 10x | |
| Extended TAC-USD | +0.0744% | 1h | 0.001630 | −0.113% | $5K | $150K | 5x | as long as short |
| MEXC TAC_USDT | +0.0746% | 4h | 0.001630 | −0.123% | $482K | $132K | 50x | as long as short |
| BloFin TAC-USDT | +0.0811% | 4h | 0.001627 | −0.306% | $182K | $4K | 10x | as long as short |
Bybit TACUSDT
KuCoin TACUSDTM
Variational Omni TAC
Aster TACUSDT
BingX TAC-USDT
Extended TAC-USD
MEXC TAC_USDT
BloFin TAC-USDT