Settings8H · net · $10k
Funding arb · Price arb /

TAIKO

all TAIKO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: BingX against Bybit+0.086%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1881.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.086%, 7d avg +0.004%
Together, before fees−0.078%−$8 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: BingX is 0.082% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TAIKOUSDT0.093210.0100pay 0.0100% / 8h4h 02m$1.1M$855K20x
ShortBingX TAIKO-USDT0.093290.0100get 0.0050% / 4h2m 12s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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

Funding earned
$0
Price spread: +0.086% → +0.004%
$8.16
Slippage, 4 orders
−$167.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$180.23
Costs to cover
1.884%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago7.51 bp72.3 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago4.83 bp26.0 bp −$2676.5 bp −$7651172.5 bp −$117.3K1411.4 bp −$705.7K

TAIKO on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TAIKO/USDC PERP+0.0033%1h0.09080−2.586%$82$44K5.5xas long as short
Aster TAIKOUSDT+0.0100%4h0.09325+0.039%$2K$1K5xas long as short
Binance TAIKOUSDT+0.0100%4h0.09327+0.064%$1.4M$2.0M20xas long as short
Bybit TAIKOUSDTlong+0.0100%8h0.09321long leg$1.1M$855K20x
Gate TAIKO_USDT+0.0100%4h0.09320−0.011%$142K$282K50xas long as short
MEXC TAIKO_USDT+0.0100%4h0.09332+0.118%$442K$99K20xas long as short
KuCoin TAIKOUSDTM+0.0100%4h0.09340+0.204%$384K$47K20xas long as short
Bitget TAIKOUSDT+0.0100%4h0.09327+0.064%$937K$109K20xas long as short
BingX TAIKO-USDTshort+0.0100%4h0.09329+0.086%$2.3M
Variational Omni TAIKO+0.0100%8h0.09308−0.141%$2K$2Kas long as short