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: MEXC against BingX+0.119%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1331.326% of the position

Long on BingX Short on MEXC

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)−0.113%−$11 · spread now +0.119%, 7d avg +0.062%

Together, before fees−0.163%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.057% dearer against BingX than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.062%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.050% in total) that is about 8.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TAIKO-USDT	0.09219	0.0200	pay 0.0100% / 4h	2h 19m	—	$2.3M	—
Short	MEXC TAIKO_USDT	0.09230	0.0100	get 0.0050% / 4h	2h 19m	$431K	$98K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$21
Price spread: +0.119% → +0.062%: $5.74
Slippage, 4 orders: −$118.56
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$147.82
Costs to cover: 1.326%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 16 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, 14 min ago	6.03 bp	21.7 bp −$22	206.0 bp −$2,060	1419.8 bp −$142.0K	doesn't fit
Sell MEXC live order book, 16 min ago	3.81 bp	42.6 bp −$43	193.3 bp −$1,933	373.8 bp −$37.4K	908.5 bp −$454.2K

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	−1.508%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09203	−0.173%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09225	+0.065%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09219	0.000%	$1.1M	$809K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09220	+0.011%	$136K	$280K	50x	as long as short
MEXC TAIKO_USDTshort	+0.0100%	4h	0.09230	+0.119%	$431K	$98K	20x
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09180	−0.423%	$378K	$34K	20x	as long as short
Bitget TAIKOUSDT	+0.0100%	4h	0.09188	−0.336%	$924K	$100K	20x	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09170	−0.527%	$2K	$2K	—	as long as short
BingX TAIKO-USDTlong	+0.0200%	4h	0.09219	long leg	—	$2.3M	—