Funding you earn now, next payment 12:00 UTC+0.1110%/8h= +121.5% APRnext payment +$5.55 per $10,000 · paid last 24h +0.067%
Price spread now: BingX against KuCoin0.000%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,327as in the Price arb table
costs, in and out, $10k−$1,32013.201% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now 0.000%, 7d avg +0.065%
=Funding pays, the price is against you. BingX is 0.065% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.065%). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.247% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.247% in total (about 12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.55 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TACUSDTM | 0.001589 | 0.0346 | pay 0.0173% / 4h | 11m 18s | $1.4M | $174K | 10x |
| Short | BingX TAC-USDT | 0.001589 | 0.1456 | get 0.0728% / 4h | 11m 18s | — | $1.3M | — |
KuCoin TACUSDTM
BingX TAC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $233.1
- Price spread: 0.000% → +0.065%
- −$6.53
- Slippage, 4 orders
- −$1,298.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,093.58
- Costs to cover
- 13.201%
- Break-even
- 39.8 days
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 7 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 KuCoin live order book, 7 min ago | 9.42 bp | 628.2 bp −$628 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 9.41 bp | 26.1 bp −$26 | 91.1 bp −$911 | doesn't fit | doesn't fit |
TAC on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TACUSDTMlong | +0.0346% | 4h | 0.001589 | long leg | $1.4M | $174K | 10x | |
| Aster TACUSDT | +0.0572% | 4h | 0.001591 | +0.132% | $25K | $14K | 5x | as long as short |
| Extended TAC-USD | +0.0840% | 1h | 0.001588 | −0.037% | $830 | $219K | 5x | as long as short |
| MEXC TAC_USDT | +0.0840% | 4h | 0.001589 | 0.000% | $463K | $133K | 50x | as long as short |
| Binance TACUSDT | +0.0842% | 4h | 0.001589 | 0.000% | $2.7M | $2.3M | 10x | as long as short |
| BloFin TAC-USDT | +0.0883% | 4h | 0.001588 | −0.063% | $175K | $8K | 10x | as long as short |
| Variational Omni TAC | +0.1392% | 4h | 0.001593 | +0.255% | $16 | — | — | as long as short |
| Gate TAC_USDT | +0.1434% | 4h | 0.001593 | +0.252% | $252K | $182K | 10x | as long as short |
| BingX TAC-USDTshort | +0.1456% | 4h | 0.001589 | 0.000% | — | $1.3M | — | |
| Bybit TACUSDT | +0.1531% | 4h | 0.001590 | +0.063% | $1.2M | $207K | 5x | as long as short |
Aster TACUSDT
Extended TAC-USD
MEXC TAC_USDT
Binance TACUSDT
BloFin TAC-USDT
Variational Omni TAC
Gate TAC_USDT
Bybit TACUSDT