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: Gate against BingX−0.011%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$419as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$4144.141% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.011%, 7d avg −0.047%
=The price spread pays, funding is against you. Gate is 0.036% dearer against BingX than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.047%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.050% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAIKO-USDT | 0.09171 | 0.0200 | pay 0.0100% / 4h | 2h 40m | — | $2.3M | — |
| Short | Gate TAIKO_USDT | 0.09170 | 0.0100 | get 0.0050% / 4h | 2h 40m | $135K | $279K | 50x |
BingX TAIKO-USDT
Gate TAIKO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.011% → −0.047%
- $3.61
- Slippage, 4 orders
- −$389.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$431.49
- Costs to cover
- 4.141%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 2 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, 4 min ago | 4.87 bp | 24.4 bp −$24 | 194.4 bp −$1,944 | 1297.2 bp −$129.7K | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.43 bp | 176.7 bp −$177 | 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 | −0.992% | $82 | $44K | 5.5x | as long as short |
| Aster TAIKOUSDT | +0.0100% | 4h | 0.09170 | −0.006% | $2K | $1K | 5x | as long as short |
| Binance TAIKOUSDT | +0.0100% | 4h | 0.09166 | −0.053% | $1.4M | $1.9M | 20x | as long as short |
| Bybit TAIKOUSDT | +0.0100% | 8h | 0.09175 | +0.044% | $1.1M | $815K | 20x | as long as short |
| Gate TAIKO_USDTshort | +0.0100% | 4h | 0.09170 | −0.011% | $135K | $279K | 50x | |
| MEXC TAIKO_USDT | +0.0100% | 4h | 0.09167 | −0.044% | $430K | $97K | 20x | as long as short |
| KuCoin TAIKOUSDTM | +0.0100% | 4h | 0.09170 | −0.011% | $377K | $36K | 20x | as long as short |
| Bitget TAIKOUSDT | +0.0100% | 4h | 0.09172 | +0.011% | $922K | $100K | 20x | as long as short |
| Variational Omni TAIKO | +0.0100% | 8h | 0.09210 | +0.425% | $2K | $2K | — | as long as short |
| BingX TAIKO-USDTlong | +0.0200% | 4h | 0.09171 | long leg | — | $2.3M | — |
Injective TAIKO/USDC PERP
Aster TAIKOUSDT
Binance TAIKOUSDT
Bybit TAIKOUSDT
MEXC TAIKO_USDT
KuCoin TAIKOUSDTM
Bitget TAIKOUSDT
Variational Omni TAIKO