Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BingX−0.044%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1961.961% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.044%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.025% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAIKO-USDT | 0.09177 | 0.0200 | pay 0.0100% / 4h | 2h 40m | — | $2.3M | — |
| Short | Bitget TAIKOUSDT | 0.09173 | 0.0100 | get 0.0050% / 4h | 2h 40m | $922K | $100K | 20x |
BingX TAIKO-USDT
Bitget TAIKOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.044% → −0.018%
- −$2.54
- Slippage, 4 orders
- −$174.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$219.64
- Costs to cover
- 1.961%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 5 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 BingX live order book, 3 min ago | 4.87 bp | 24.4 bp −$24 | 194.4 bp −$1,944 | 1297.2 bp −$129.7K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.23 bp | 75.6 bp −$76 | 588.5 bp −$5,885 | 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 | −1.057% | $82 | $44K | 5.5x | as long as short |
| Aster TAIKOUSDT | +0.0100% | 4h | 0.09172 | −0.049% | $2K | $1K | 5x | as long as short |
| Binance TAIKOUSDT | +0.0100% | 4h | 0.09168 | −0.098% | $1.4M | $1.9M | 20x | as long as short |
| Bybit TAIKOUSDT | +0.0100% | 8h | 0.09169 | −0.087% | $1.1M | $815K | 20x | as long as short |
| Gate TAIKO_USDT | +0.0100% | 4h | 0.09170 | −0.076% | $136K | $279K | 50x | as long as short |
| MEXC TAIKO_USDT | +0.0100% | 4h | 0.09183 | +0.065% | $431K | $97K | 20x | as long as short |
| KuCoin TAIKOUSDTM | +0.0100% | 4h | 0.09170 | −0.076% | $377K | $36K | 20x | as long as short |
| Bitget TAIKOUSDTshort | +0.0100% | 4h | 0.09173 | −0.044% | $922K | $100K | 20x | |
| Variational Omni TAIKO | +0.0100% | 8h | 0.09210 | +0.359% | $2K | $2K | — | as long as short |
| BingX TAIKO-USDTlong | +0.0200% | 4h | 0.09177 | long leg | — | $2.3M | — |
Injective TAIKO/USDC PERP
Aster TAIKOUSDT
Binance TAIKOUSDT
Bybit TAIKOUSDT
Gate TAIKO_USDT
MEXC TAIKO_USDT
KuCoin TAIKOUSDTM
Variational Omni TAIKO