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 0.000%
Price spread now: Bitget against Bybit−0.172%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2512.508% of the position
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)+0.042%+$4 · spread now −0.172%, 7d avg +0.006%
Together, before fees+0.042%+$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: Bitget is 0.178% cheaper against Bybit than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TAIKOUSDT0.092800.0100pay 0.0100% / 8h4h 29m$1.0M$853K20x
ShortBitget TAIKOUSDT0.092640.0100get 0.0050% / 4h29m 53s$930K$110K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.172% → +0.006%
−$17.8
Slippage, 4 orders
−$227.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$268.61
Costs to cover
2.508%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 26 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, 1 min ago1.08 bp67.3 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago7.55 bp49.2 bp −$49615.5 bp −$6,155doesn't fitdoesn't fit

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%1h0.09080−2.155%$82$44K5.5xas long as short
Aster TAIKOUSDT+0.0100%4h0.09274−0.065%$2K$1K5xas long as short
Binance TAIKOUSDT+0.0100%4h0.09291+0.119%$1.4M$2.0M20xas long as short
Bybit TAIKOUSDTlong+0.0100%8h0.09280long leg$1.0M$853K20x
Gate TAIKO_USDT+0.0100%4h0.092800.000%$143K$281K50xas long as short
MEXC TAIKO_USDT+0.0100%4h0.09291+0.119%$442K$96K20xas long as short
KuCoin TAIKOUSDTM+0.0100%4h0.09310+0.323%$384K$50K20xas long as short
Bitget TAIKOUSDTshort+0.0100%4h0.09264−0.172%$930K$110K20x
BingX TAIKO-USDT+0.0100%4h0.09287+0.075%$2.3Mas long as short
Variational Omni TAIKO+0.0100%8h0.09278−0.017%$2K$2Kas long as short