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: Gate against Bitget+0.011%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$393as in the Funding arb table

Net, price: spread back to 7d avg − costs−$389as in the Price arb table

costs, in and out, $10k−$3933.930% of the position

Long on Bitget Short on Gate

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)−0.073%−$7 · spread now +0.011%, 7d avg −0.030%

Together, before fees−0.073%−$7 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: Gate is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TAIKOUSDT	0.09289	0.0100	pay 0.0050% / 4h	1h 19m	$933K	$113K	20x
Short	Gate TAIKO_USDT	0.09290	0.0100	get 0.0050% / 4h	1h 19m	$142K	$286K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → −0.030%: $4.12
Slippage, 4 orders: −$366
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$388.88
Costs to cover: 3.930%
Break-even: never at this rate

Slippage from Bitget: live order book, 41 min ago; Gate: live order book, 37 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, 41 min ago	8.18 bp	42.5 bp −$42	633.3 bp −$6,333	doesn't fit	doesn't fit
Sell Gate live order book, 37 min ago	5.43 bp	140.2 bp −$140	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	−2.250%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09296	+0.071%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09306	+0.178%	$1.4M	$2.0M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09295	+0.065%	$1.1M	$864K	20x	as long as short
Gate TAIKO_USDTshort	+0.0100%	4h	0.09290	+0.011%	$142K	$286K	50x
MEXC TAIKO_USDT	+0.0100%	4h	0.09301	+0.129%	$443K	$98K	20x	as long as short
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09310	+0.226%	$383K	$51K	20x	as long as short
Bitget TAIKOUSDTlong	+0.0100%	4h	0.09289	long leg	$933K	$113K	20x
BingX TAIKO-USDT	+0.0100%	4h	0.09298	+0.097%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09290	+0.008%	$2K	$2K	—	as long as short