TAIKO

Alert: funding

Alert: spread

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: KuCoin against BingX+0.076%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$603as in the Funding arb table

Net, price: spread back to 7d avg − costs−$590as in the Price arb table

costs, in and out, $10k−$5985.979% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.076%, 7d avg +0.001%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.074% dearer against BingX than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.001%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.050% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TAIKO-USDT	0.09253	0.0200	pay 0.0100% / 4h	2h 59m	—	$2.3M	—
Short	KuCoin TAIKOUSDTM	0.09260	0.0100	get 0.0050% / 4h	2h 59m	$381K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$21
Price spread: +0.076% → +0.001%: $7.44
Slippage, 4 orders: −$575.93
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$611.49
Costs to cover: 5.979%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 73 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	5.38 bp	25.8 bp −$26	231.6 bp −$2,316	1272.8 bp −$127.3K	doesn't fit
Sell KuCoin live order book, 73 min ago	15.98 bp	238.0 bp −$238	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	−1.870%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09244	−0.100%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09258	+0.056%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09247	−0.065%	$1.1M	$837K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09250	−0.032%	$140K	$278K	50x	as long as short
MEXC TAIKO_USDT	+0.0100%	4h	0.09258	+0.054%	$434K	$99K	20x	as long as short
KuCoin TAIKOUSDTMshort	+0.0100%	4h	0.09260	+0.076%	$381K	$38K	20x
Bitget TAIKOUSDT	+0.0100%	4h	0.09239	−0.151%	$927K	$102K	20x	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09248	−0.055%	$2K	$2K	—	as long as short
BingX TAIKO-USDTlong	+0.0200%	4h	0.09253	long leg	—	$2.3M	—