Settings8H · net · $10k
Funding arb · Price arb /

TAC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.246%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,452as 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−$1,39013.899% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.617%−$62 on $10k
Price spread, last 7 days−0.187%−$19 · spread now +0.246%, 7d avg +0.036%
Together, before fees−0.804%−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.210% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.617%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TACUSDTM0.0016260.0292pay 0.0146% / 4h1h 13m$1.4M$192K10x
ShortBybit TACUSDT0.0016300.0338get 0.0169% / 4h1h 13m$1.2M$194K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$9.56
Price spread: +0.246% → +0.036%
$20.97
Slippage, 4 orders
−$1,366.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,359.34
Costs to cover
13.899%
Break-even
1002.9 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago6.15 bp589.8 bp −$590doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago6.14 bp109.5 bp −$110doesn't fitdoesn't fitdoesn't fit

TAC on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TAC+0.0169%4h0.001634+0.472%$16as long as short
KuCoin TACUSDTMlong+0.0292%4h0.001626long leg$1.4M$192K10x
Bybit TACUSDTshort+0.0338%4h0.001630+0.246%$1.2M$194K5x
Aster TACUSDT+0.0501%4h0.001630+0.226%$23K$10K5xas long as short
BingX TAC-USDT+0.0576%4h0.001629+0.185%$1.3Mas long as short
MEXC TAC_USDT+0.0614%4h0.001630+0.246%$479K$133K50xas long as short
Binance TACUSDT+0.0615%4h0.001632+0.347%$2.8M$2.3M10xas long as short
Extended TAC-USD+0.0616%1h0.001630+0.263%$4K$147K5xas long as short
BloFin TAC-USDT+0.0620%4h0.001629+0.185%$184K$4K10xas long as short
Gate TAC_USDT+0.0670%4h0.001629+0.185%$254K$183K10xas long as short