Funding arb · Price arb /

TAIKO

all TAIKO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.158%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$391as in the Funding arb table

Net, price: spread back to 7d avg − costs−$397as in the Price arb table

costs, in and out, $10k−$3913.912% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.158%, 7d avg −0.103%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.054% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.103%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TAIKOUSDT	0.09255	0.0100	pay 0.0050% / 4h	1h 43m	$1.4M	$2.0M	20x
Short	Gate TAIKO_USDT	0.09240	0.0100	get 0.0050% / 4h	1h 43m	$142K	$285K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.103%: −$5.44
Slippage, 4 orders: −$366.22
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$396.66
Costs to cover: 3.912%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 14 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 Binance live order book, 6 min ago	1.63 bp	50.5 bp −$50	478.5 bp −$4,785	doesn't fit	doesn't fit
Sell Gate live order book, 14 min ago	5.43 bp	140.2 bp −$140	doesn't fit	doesn't fit	doesn't fit

TAIKO 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
Injective TAIKO/USDC PERP	+0.0033%	1h	0.09080	−1.886%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09222	−0.356%	$2K	$1K	5x	as long as short
Binance TAIKOUSDTlong	+0.0100%	4h	0.09255	long leg	$1.4M	$2.0M	20x
Bybit TAIKOUSDT	+0.0100%	8h	0.09242	−0.136%	$1.0M	$861K	20x	as long as short
Gate TAIKO_USDTshort	+0.0100%	4h	0.09240	−0.158%	$142K	$285K	50x
MEXC TAIKO_USDT	+0.0100%	4h	0.09247	−0.082%	$440K	$97K	20x	as long as short
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09230	−0.266%	$379K	$51K	20x	as long as short
Bitget TAIKOUSDT	+0.0100%	4h	0.09214	−0.438%	$925K	$110K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09235	−0.212%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09183	−0.769%	$2K	$2K	—	as long as short