Funding you earn now, next payment 00:00 UTC−0.0740%/8h= −81.0% APRnext payment −$3.70 per $10,000 · paid last 24h +0.037%
Price spread now: MEXC against Gate−0.305%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,016as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,126as in the Price arb table
costs, in and out, $10k−$1,10311.032% of the position
Funding, last 7 days+0.869%+$87 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.305%, 7d avg −0.080%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and MEXC is 0.225% cheaper against Gate than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.080%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.869%, 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 | 0.001638 | 0.1280 | pay 0.0640% / 4h | 27m 24s | $258K | $183K | 10x |
| Short | MEXC TAC_USDT | 0.001633 | 0.0540 | get 0.0270% / 4h | 27m 24s | $479K | $133K | 50x |
Gate TAC_USDT
MEXC TAC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$155.4
- Price spread: −0.305% → −0.080%
- −$22.53
- Slippage, 4 orders
- −$1,084.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,281.16
- Costs to cover
- 11.032%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; MEXC: live order book, 42 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, 44 min ago | 3.06 bp | 959.7 bp −$960 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 3.07 bp | 25.4 bp −$25 | 150.2 bp −$1,502 | 280.1 bp −$28.0K | 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 | 0.001634 | −0.244% | $1.2M | $195K | 5x | as long as short |
| KuCoin TACUSDTM | +0.0100% | 4h | 0.001633 | −0.305% | $1.4M | $196K | 10x | as long as short |
| Variational Omni TAC | +0.0100% | 4h | 0.001636 | −0.103% | $16 | — | — | as long as short |
| Aster TACUSDT | +0.0447% | 4h | 0.001634 | −0.231% | $25K | $7K | 5x | as long as short |
| BloFin TAC-USDT | +0.0498% | 4h | 0.001634 | −0.244% | $181K | $8K | 10x | as long as short |
| BingX TAC-USDT | +0.0516% | 4h | 0.001633 | −0.305% | — | $1.3M | — | as long as short |
| MEXC TAC_USDTshort | +0.0540% | 4h | 0.001633 | −0.305% | $479K | $133K | 50x | |
| Binance TACUSDT | +0.0541% | 4h | 0.001633 | −0.305% | $2.8M | $2.2M | 10x | as long as short |
| Extended TAC-USD | +0.0544% | 1h | 0.001633 | −0.324% | $3K | $167K | 5x | as long as short |
| Gate TAC_USDTlong | +0.1280% | 4h | 0.001638 | long leg | $258K | $183K | 10x |
Bybit TACUSDT
KuCoin TACUSDTM
Variational Omni TAC
Aster TACUSDT
BloFin TAC-USDT
BingX TAC-USDT
Binance TACUSDT
Extended TAC-USD