TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.061%

Price spread now: BloFin against KuCoin+0.123%110s7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,124as 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−$1,15311.525% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.285%+$28 on $10k

Price spread, last 4 days (all we have)+0.250%+$25 · spread now +0.123%, 7d avg +0.097%

Together, before fees+0.535%+$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.026% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.097%. The two prices were read 110 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	KuCoin TACUSDTM	0.001624	0.0976	pay 0.0488% / 4h	3h 01m	$1.4M	$174K	10x
Short	BloFin TAC-USDT	0.001626	0.1036	get 0.0518% / 4h	3h 01m	$179K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.123%Rate

Funding earned: $12.7
Price spread: +0.123% → +0.097%: $2.61
Slippage, 4 orders: −$1,128.55
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1,137.24
Costs to cover: 11.525%
Break-even: 634.0 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 64 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, 4 min ago	6.13 bp	517.8 bp −$518	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 64 min ago	15.30 bp	32.7 bp −$33	104.5 bp −$1,045	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	+0.0807%	4h	0.001623	−0.055%	$23K	$13K	5x	as long as short
KuCoin TACUSDTMlong	+0.0976%	4h	0.001624	long leg	$1.4M	$174K	10x
BloFin TAC-USDTshort	+0.1036%	4h	0.001626	+0.123%	$179K	$4K	10x
MEXC TAC_USDT	+0.1050%	4h	0.001624	0.000%	$463K	$134K	50x	as long as short
Binance TACUSDT	+0.1055%	4h	0.001625	+0.062%	$2.8M	$2.3M	10x	as long as short
Extended TAC-USD	+0.1056%	1h	0.001624	−0.010%	$2K	$227K	5x	as long as short
Variational Omni TAC	+0.1091%	4h	0.001630	+0.353%	$16	—	—	as long as short
Bybit TACUSDT	+0.1244%	4h	0.001624	0.000%	$1.2M	$194K	5x	as long as short
BingX TAC-USDT	+0.1268%	4h	0.001625	+0.062%	—	$1.3M	—	as long as short
Gate TAC_USDT	+0.1794%	4h	0.001627	+0.185%	$256K	$183K	10x	as long as short