Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.058%
Price spread now: BloFin against Gate+0.123%78s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2602.598% of the position
Funding, last 7 days+0.836%+$84 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.123%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.171% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TAC_USDT | 0.001622 | 0.0828 | pay 0.0414% / 4h | 23m 49s | $255K | $184K | 10x |
| Short | BloFin TAC-USDT | 0.001624 | 0.0871 | get 0.0435% / 4h | 23m 49s | $180K | $4K | 10x |
Gate TAC_USDT
BloFin TAC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $8.96
- Price spread: +0.123% → −0.048%
- $17.09
- Slippage, 4 orders
- −$232.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$233.72
- Costs to cover
- 2.598%
- Break-even
- 189.6 days
Slippage from Gate: live order book, 8 min ago; BloFin: live order book, 46 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, 8 min ago | 9.21 bp | 106.4 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 3.06 bp | 26.0 bp −$26 | 96.9 bp −$969 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TACUSDT | +0.0625% | 4h | 0.001622 | −0.002% | $24K | $12K | 5x | as long as short |
| Bybit TACUSDT | +0.0678% | 4h | 0.001620 | −0.123% | $1.2M | $204K | 5x | as long as short |
| Variational Omni TAC | +0.0694% | 4h | 0.001622 | +0.012% | $16 | — | — | as long as short |
| KuCoin TACUSDTM | +0.0810% | 4h | 0.001620 | −0.123% | $1.4M | $179K | 10x | as long as short |
| Gate TAC_USDTlong | +0.0828% | 4h | 0.001622 | long leg | $255K | $184K | 10x | |
| BingX TAC-USDT | +0.0850% | 4h | 0.001620 | −0.123% | — | $1.3M | — | as long as short |
| BloFin TAC-USDTshort | +0.0871% | 4h | 0.001624 | +0.123% | $180K | $4K | 10x | |
| Binance TACUSDT | +0.0878% | 4h | 0.001621 | −0.062% | $2.8M | $2.3M | 10x | as long as short |
| MEXC TAC_USDT | +0.0886% | 4h | 0.001620 | −0.123% | $475K | $132K | 50x | as long as short |
| Extended TAC-USD | +0.0888% | 1h | 0.001621 | −0.084% | $2K | $226K | 5x | as long as short |
Aster TACUSDT
Bybit TACUSDT
Variational Omni TAC
KuCoin TACUSDTM
BingX TAC-USDT
Binance TACUSDT
MEXC TAC_USDT
Extended TAC-USD