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: KuCoin against Binance+0.162%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$765as in the Funding arb table

Net, price: spread back to 7d avg − costs−$742as in the Price arb table

costs, in and out, $10k−$7657.647% of the position

Long on Binance Short on KuCoin

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)−0.001%$0 · spread now +0.162%, 7d avg −0.060%

Together, before fees−0.001%$0 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: KuCoin is 0.223% dearer against Binance than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TAIKOUSDT	0.09245	0.0100	pay 0.0050% / 4h	1h 32m	$1.4M	$2.0M	20x
Short	KuCoin TAIKOUSDTM	0.09260	0.0100	get 0.0050% / 4h	1h 32m	$380K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.162%Rate

Funding earned: $0
Price spread: +0.162% → −0.060%: $22.27
Slippage, 4 orders: −$742.72
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$742.45
Costs to cover: 7.647%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 64 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, 16 min ago	1.63 bp	50.5 bp −$50	478.5 bp −$4,785	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	10.76 bp	286.1 bp −$286	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	−1.785%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09242	−0.034%	$2K	$1K	5x	as long as short
Binance TAIKOUSDTlong	+0.0100%	4h	0.09245	long leg	$1.4M	$2.0M	20x
Bybit TAIKOUSDT	+0.0100%	8h	0.09235	−0.108%	$1.0M	$863K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09240	−0.054%	$142K	$286K	50x	as long as short
MEXC TAIKO_USDT	+0.0100%	4h	0.09247	+0.022%	$440K	$97K	20x	as long as short
KuCoin TAIKOUSDTMshort	+0.0100%	4h	0.09260	+0.162%	$380K	$51K	20x
Bitget TAIKOUSDT	+0.0100%	4h	0.09233	−0.130%	$927K	$110K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09241	−0.043%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09240	−0.057%	$2K	$2K	—	as long as short