TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0702%/8h= −76.9% APRnext payment −$3.51 per $10,000 · paid last 24h −0.111%

Price spread now: KuCoin against Gate0.000%7-day average −0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,369as in the Price arb table

costs, in and out, $10k−$1,38213.823% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.585%+$59 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now 0.000%, 7d avg −0.137%

Together, before fees+0.573%+$57 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.137% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.137%): +$14 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 7 days funding on this pair paid +0.585%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TAC_USDT	0.001658	0.1026	pay 0.0513% / 4h	2h 48m	$260K	$184K	10x
Short	KuCoin TACUSDTM	0.001658	0.0324	get 0.0162% / 4h	2h 48m	$1.4M	$201K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$147.42
Price spread: 0.000% → −0.137%: $13.67
Slippage, 4 orders: −$1,355.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,516.01
Costs to cover: 13.823%
Break-even: never at this rate

Slippage from Gate: live order book, 13 min ago; KuCoin: 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	3.01 bp	92.9 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	9.05 bp	584.0 bp −$584	doesn't fit	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	+0.0100%	4h	0.001655	−0.181%	$1.2M	$204K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001655	−0.166%	$17	—	—	as long as short
KuCoin TACUSDTMshort	+0.0324%	4h	0.001658	0.000%	$1.4M	$201K	10x
BloFin TAC-USDT	+0.0544%	4h	0.001659	+0.060%	$186K	$9K	10x	as long as short
BingX TAC-USDT	+0.0552%	4h	0.001657	−0.060%	—	$1.3M	—	as long as short
Aster TACUSDT	+0.0560%	4h	0.001660	+0.121%	$25K	$7K	5x	as long as short
MEXC TAC_USDT	+0.0596%	4h	0.001653	−0.302%	$487K	$131K	50x	as long as short
Binance TACUSDT	+0.0596%	4h	0.001657	−0.060%	$2.8M	$2.3M	10x	as long as short
Extended TAC-USD	+0.0600%	1h	0.001657	−0.084%	$633	$152K	5x	as long as short
Gate TAC_USDTlong	+0.1026%	4h	0.001658	long leg	$260K	$184K	10x