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: KuCoin against Bitget+0.226%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$669as in the Funding arb table

Net, price: spread back to 7d avg − costs−$647as in the Price arb table

costs, in and out, $10k−$6696.687% of the position

Long on Bitget Short on KuCoin

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)−0.040%−$4 · spread now +0.226%, 7d avg +0.012%

Together, before fees−0.040%−$4 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: KuCoin is 0.214% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TAIKOUSDT	0.09279	0.0100	pay 0.0050% / 4h	1h 13m	$932K	$113K	20x
Short	KuCoin TAIKOUSDTM	0.09300	0.0100	get 0.0050% / 4h	1h 13m	$382K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.226%Rate

Funding earned: $0
Price spread: +0.226% → +0.012%: $21.4
Slippage, 4 orders: −$644.68
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$647.28
Costs to cover: 6.687%
Break-even: never at this rate

Slippage from Bitget: live order book, 48 min ago; KuCoin: live order book, 9 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, 48 min ago	8.18 bp	42.5 bp −$42	633.3 bp −$6,333	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	16.12 bp	238.1 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	−2.145%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09282	+0.034%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09288	+0.100%	$1.4M	$2.0M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09286	+0.075%	$1.0M	$864K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09290	+0.119%	$142K	$286K	50x	as long as short
MEXC TAIKO_USDT	+0.0100%	4h	0.09283	+0.043%	$442K	$98K	20x	as long as short
KuCoin TAIKOUSDTMshort	+0.0100%	4h	0.09300	+0.226%	$382K	$51K	20x
Bitget TAIKOUSDTlong	+0.0100%	4h	0.09279	long leg	$932K	$113K	20x
BingX TAIKO-USDT	+0.0100%	4h	0.09286	+0.075%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09297	+0.196%	$2K	$2K	—	as long as short