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

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.054%
Price spread now: BingX against Gate−0.061%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$684as in the Funding arb table
Net, price: spread back to 7d avg − costs−$762as in the Price arb table
costs, in and out, $10k−$7647.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.802%+$80 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.061%, 7d avg −0.076%
Together, before fees+0.782%+$78 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TAC_USDT0.0016320.0722pay 0.0361% / 4h3h 32m$253K$186K10x
ShortBingX TAC-USDT0.0016310.0724get 0.0362% / 4h3h 32m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$0.42
Price spread: −0.061% → −0.076%
$1.46
Slippage, 4 orders
−$738.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$761.99
Costs to cover
7.639%
Break-even
12706.9 days
Slippage from Gate: live order book, 14 min ago; BingX: 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 Gate live order book, 14 min ago3.06 bp626.1 bp −$626doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago6.12 bp26.7 bp −$27118.7 bp −$1,187doesn'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
KuCoin TACUSDTM+0.0212%4h0.001629−0.184%$1.4M$194K10xas long as short
Bybit TACUSDT+0.0297%4h0.001630−0.123%$1.2M$196K5xas long as short
Variational Omni TAC+0.0575%4h0.001630−0.109%$16as long as short
Aster TACUSDT+0.0589%4h0.001631−0.089%$24K$11K5xas long as short
Gate TAC_USDTlong+0.0722%4h0.001632long leg$253K$186K10x
BingX TAC-USDTshort+0.0724%4h0.001631−0.061%$1.3M
Binance TACUSDT+0.0732%4h0.001630−0.123%$2.8M$2.3M10xas long as short
Extended TAC-USD+0.0736%1h0.001629−0.163%$5K$150K5xas long as short
MEXC TAC_USDT+0.0746%4h0.001630−0.123%$482K$132K50xas long as short
BloFin TAC-USDT+0.0797%4h0.001627−0.306%$183K$4K10xas long as short