Funding arb · Price arb /

TAIKO

all TAIKO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget+0.170%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$2062.063% of the position

Long on Bitget Short on Binance

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)−0.103%−$10 · spread now +0.170%, 7d avg +0.074%

Together, before fees−0.103%−$10 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: Binance is 0.095% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TAIKOUSDT	0.09397	0.0100	pay 0.0050% / 4h	3h 43m	$942K	$88K	20x
Short	Binance TAIKOUSDT	0.09413	0.0100	get 0.0050% / 4h	3h 43m	$1.4M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → +0.074%: $9.54
Slippage, 4 orders: −$184.3
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$196.75
Costs to cover: 2.063%
Break-even: never at this rate

Slippage from Bitget: live order book, 28 min ago; Binance: 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 Bitget live order book, 28 min ago	7.14 bp	52.9 bp −$53	658.6 bp −$6,586	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	6.39 bp	48.3 bp −$48	281.8 bp −$2,818	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	−3.373%	$82	$44K	5.5x	as long as short
Binance TAIKOUSDTshort	+0.0100%	4h	0.09413	+0.170%	$1.4M	$1.8M	20x
Bybit TAIKOUSDT	+0.0100%	8h	0.09406	+0.096%	$1.1M	$782K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09390	−0.074%	$145K	$282K	50x	as long as short
MEXC TAIKO_USDT	+0.0100%	4h	0.09401	+0.043%	$460K	$96K	20x	as long as short
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09390	−0.074%	$373K	$55K	20x	as long as short
Bitget TAIKOUSDTlong	+0.0100%	4h	0.09397	long leg	$942K	$88K	20x
BingX TAIKO-USDT	+0.0100%	4h	0.09404	+0.074%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09348	−0.526%	$2K	$2K	—	as long as short
Aster TAIKOUSDT	+0.0301%	4h	0.09382	−0.162%	$2K	$1K	5x	as long as short