TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0748%/8h= +81.9% APRnext payment +$3.74 per $10,000 · paid last 24h +0.111%

Price spread now: Gate against KuCoin+0.302%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,441as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,366as in the Price arb table

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

Long on KuCoin Short on Gate

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)−0.289%−$29 · spread now +0.302%, 7d avg +0.137%

Together, before fees−0.875%−$87 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Gate is 0.165% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.137%. Mind the row above: over the last 7 days funding on this pair cost −0.585%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TACUSDTM	0.001658	0.0314	pay 0.0157% / 4h	2h 48m	$1.4M	$201K	10x
Short	Gate TAC_USDT	0.001663	0.1062	get 0.0531% / 4h	2h 48m	$261K	$184K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.302%Rate

Funding earned: $157.08
Price spread: +0.302% → +0.137%: $16.48
Slippage, 4 orders: −$1,355.26
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,208.7
Costs to cover: 13.823%
Break-even: 60.9 days

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 13 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, 2 min ago	9.05 bp	508.3 bp −$508	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 13 min ago	3.01 bp	197.0 bp −$197	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	0.001660	+0.121%	$1.2M	$204K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001655	−0.166%	$17	—	—	as long as short
KuCoin TACUSDTMlong	+0.0314%	4h	0.001658	long leg	$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	0.001658	0.000%	—	$1.3M	—	as long as short
Aster TACUSDT	+0.0554%	4h	0.001660	+0.121%	$25K	$7K	5x	as long as short
MEXC TAC_USDT	+0.0592%	4h	0.001659	+0.060%	$489K	$131K	50x	as long as short
Binance TACUSDT	+0.0596%	4h	0.001659	+0.060%	$2.8M	$2.3M	10x	as long as short
Extended TAC-USD	+0.0600%	1h	0.001659	+0.036%	$633	$152K	5x	as long as short
Gate TAC_USDTshort	+0.1062%	4h	0.001663	+0.302%	$261K	$184K	10x