Funding arb · Price arb /

TAIKO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.241%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$200as in the Funding arb table

Net, price: spread back to 7d avg − costs−$184as in the Price arb table

costs, in and out, $10k−$2002.004% of the position

Long on Bitget Short on MEXC

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)−0.210%−$21 · spread now +0.241%, 7d avg +0.080%

Together, before fees−0.210%−$21 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: MEXC is 0.160% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TAIKOUSDT	0.09144	0.0100	pay 0.0050% / 4h	2h 38m	$919K	$100K	20x
Short	MEXC TAIKO_USDT	0.09166	0.0100	get 0.0050% / 4h	2h 38m	$430K	$97K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.241%Rate

Funding earned: $0
Price spread: +0.241% → +0.080%: $16.05
Slippage, 4 orders: −$184.41
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$184.37
Costs to cover: 2.004%
Break-even: never at this rate

Slippage from Bitget: live order book, 7 min ago; MEXC: live order book, 62 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, 7 min ago	3.23 bp	69.5 bp −$69	783.1 bp −$7,831	doesn't fit	doesn't fit
Sell MEXC live order book, 62 min ago	3.77 bp	28.9 bp −$29	187.2 bp −$1,872	372.4 bp −$37.2K	912.8 bp −$456.4K

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	−0.700%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09159	+0.169%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09167	+0.249%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09160	+0.175%	$1.1M	$816K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09160	+0.175%	$135K	$279K	50x	as long as short
MEXC TAIKO_USDTshort	+0.0100%	4h	0.09166	+0.241%	$430K	$97K	20x
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09170	+0.284%	$378K	$35K	20x	as long as short
Bitget TAIKOUSDTlong	+0.0100%	4h	0.09144	long leg	$919K	$100K	20x
Variational Omni TAIKO	+0.0100%	8h	0.09210	+0.722%	$2K	$2K	—	as long as short
BingX TAIKO-USDT	+0.0200%	4h	0.09168	+0.262%	—	$2.3M	—	as long as short