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

TAIKO

all TAIKO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.008%
Price spread now: Bybit against Aster−0.090%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.090% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAIKOUSDT0.092770.0139pay 0.0070% / 4h2h 32m$2K$1K5x
ShortBybit TAIKOUSDT0.092690.0100get 0.0100% / 8h6h 32m$1.0M$858K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$8.24
Price spread: −0.090% → 0.000%
−$8.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$36.2
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bybit live order book, 3 min ago1.62 bp72.7 bp −$73doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAIKO 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
Injective TAIKO/USDC PERP+0.0033%1h0.09080−2.127%$82$44K5.5xas long as short
Binance TAIKOUSDT+0.0100%4h0.09275−0.030%$1.4M$2.0M20xas long as short
Bybit TAIKOUSDTshort+0.0100%8h0.09269−0.090%$1.0M$858K20x
Gate TAIKO_USDT+0.0100%4h0.09270−0.079%$143K$289K50xas long as short
MEXC TAIKO_USDT+0.0100%4h0.09273−0.046%$443K$98K20xas long as short
KuCoin TAIKOUSDTM+0.0100%4h0.09290+0.137%$376K$52K20xas long as short
Bitget TAIKOUSDT+0.0100%4h0.09251−0.284%$930K$105K20xas long as short
BingX TAIKO-USDT+0.0100%4h0.09271−0.068%$2.3Mas long as short
Variational Omni TAIKO+0.0100%8h0.09266−0.127%$2K$2Kas long as short
Aster TAIKOUSDTlong+0.0139%4h0.09277long leg$2K$1K5x