TAC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h −0.037%

Price spread now: Gate against MEXC+0.307%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,197as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,087as in the Price arb table

costs, in and out, $10k−$1,11011.105% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.869%−$87 on $10k

Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.307%, 7d avg +0.076%

Together, before fees−1.073%−$107 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 0.230% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.869%, 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	MEXC TAC_USDT	0.001631	0.0446	pay 0.0223% / 4h	1h 11m	$480K	$136K	50x
Short	Gate TAC_USDT	0.001636	0.1176	get 0.0588% / 4h	1h 11m	$256K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.307%Rate

Funding earned: $153.3
Price spread: +0.307% → +0.076%: $23.02
Slippage, 4 orders: −$1,091.47
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$934.15
Costs to cover: 11.105%
Break-even: 49.7 days

Slippage from MEXC: live order book, 63 min ago; Gate: live order book, just now.

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 MEXC live order book, 63 min ago	6.16 bp	24.5 bp −$25	124.0 bp −$1,240	282.8 bp −$28.3K	doesn't fit
Sell Gate live order book, just now	3.06 bp	97.4 bp −$97	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	0.001631	0.000%	$1.2M	$192K	5x	as long as short
Variational Omni TAC	+0.0100%	4h	0.001629	−0.104%	$16	—	—	as long as short
KuCoin TACUSDTM	+0.0128%	4h	0.001628	−0.184%	$1.4M	$197K	10x	as long as short
Aster TACUSDT	+0.0373%	4h	0.001628	−0.194%	$25K	$7K	5x	as long as short
BloFin TAC-USDT	+0.0407%	4h	0.001631	0.000%	$181K	$8K	10x	as long as short
BingX TAC-USDT	+0.0418%	4h	0.001632	+0.061%	—	$1.3M	—	as long as short
MEXC TAC_USDTlong	+0.0446%	4h	0.001631	long leg	$480K	$136K	50x
Binance TACUSDT	+0.0446%	4h	0.001632	+0.036%	$2.8M	$2.2M	10x	as long as short
Extended TAC-USD	+0.0448%	1h	0.001631	+0.025%	$3K	$167K	5x	as long as short
Gate TAC_USDTshort	+0.1176%	4h	0.001636	+0.307%	$256K	$182K	10x