Funding arb · Price arb /

TAIKO

all TAIKO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.033%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1451.453% of the position

Long on Binance Short on MEXC

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)+0.022%+$2 · spread now −0.033%, 7d avg +0.007%

Together, before fees+0.022%+$2 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: MEXC is 0.040% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TAIKOUSDT	0.09353	0.0100	pay 0.0050% / 4h	3h 55m	$1.4M	$2.0M	20x
Short	MEXC TAIKO_USDT	0.09350	0.0100	get 0.0050% / 4h	3h 55m	$442K	$95K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → +0.007%: −$4.02
Slippage, 4 orders: −$131.32
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$149.34
Costs to cover: 1.453%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 50 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, 8 min ago	5.35 bp	41.9 bp −$42	442.0 bp −$4,420	doesn't fit	doesn't fit
Sell MEXC live order book, 50 min ago	3.77 bp	28.2 bp −$28	187.2 bp −$1,872	352.6 bp −$35.3K	848.4 bp −$424.2K

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	−2.920%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09341	−0.134%	$2K	$1K	5x	as long as short
Binance TAIKOUSDTlong	+0.0100%	4h	0.09353	long leg	$1.4M	$2.0M	20x
Bybit TAIKOUSDT	+0.0100%	8h	0.09336	−0.183%	$1.1M	$849K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09340	−0.140%	$142K	$274K	50x	as long as short
MEXC TAIKO_USDTshort	+0.0100%	4h	0.09350	−0.033%	$442K	$95K	20x
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09350	−0.033%	$385K	$45K	20x	as long as short
Bitget TAIKOUSDT	+0.0100%	4h	0.09333	−0.215%	$937K	$108K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09343	−0.108%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09332	−0.227%	$2K	$2K	—	as long as short