Funding arb · Price arb /

TAIKO

all TAIKO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.303%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$730as in the Funding arb table

Net, price: spread back to 7d avg − costs−$703as in the Price arb table

costs, in and out, $10k−$7307.300% of the position

Long on Bybit 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)−0.216%−$22 · spread now +0.303%, 7d avg +0.031%

Together, before fees−0.216%−$22 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 0.272% dearer against Bybit than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TAIKOUSDT	0.09242	0.0100	pay 0.0100% / 8h	7h 44m	$1.1M	$799K	20x
Short	KuCoin TAIKOUSDTM	0.09270	0.0100	get 0.0050% / 4h	3h 44m	$380K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.303%Rate

Funding earned: $0
Price spread: +0.303% → +0.031%: $27.23
Slippage, 4 orders: −$707.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$702.79
Costs to cover: 7.300%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 48 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 Bybit live order book, 1 min ago	1.62 bp	65.5 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 48 min ago	21.69 bp	397.5 bp −$398	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	−1.753%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09246	+0.047%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09252	+0.108%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDTlong	+0.0100%	8h	0.09242	long leg	$1.1M	$799K	20x
Gate TAIKO_USDT	+0.0100%	4h	0.09240	−0.022%	$135K	$222K	50x	as long as short
MEXC TAIKO_USDT	+0.0100%	4h	0.09252	+0.108%	$424K	$92K	20x	as long as short
KuCoin TAIKOUSDTMshort	+0.0100%	4h	0.09270	+0.303%	$380K	$33K	20x
Bitget TAIKOUSDT	+0.0100%	4h	0.09238	−0.043%	$929K	$116K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09244	+0.022%	—	$2.4M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09222	−0.211%	$2K	$2K	—	as long as short