Funding arb · Price arb /

TAIKO

all TAIKO markets

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 Gate+0.151%7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$433as in the Funding arb table

Net, price: spread back to 7d avg − costs−$429as in the Price arb table

costs, in and out, $10k−$4334.328% of the position

Long on Gate 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)−0.092%−$9 · spread now +0.151%, 7d avg +0.109%

Together, before fees−0.092%−$9 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 0.043% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TAIKO_USDT	0.09250	0.0100	pay 0.0050% / 4h	1h 37m	$136K	$279K	50x
Short	MEXC TAIKO_USDT	0.09264	0.0100	get 0.0050% / 4h	1h 37m	$429K	$94K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.151%Rate

Funding earned: $0
Price spread: +0.151% → +0.109%: $4.28
Slippage, 4 orders: −$413.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$428.53
Costs to cover: 4.328%
Break-even: never at this rate

Slippage from Gate: live order book, 65 min ago; MEXC: live order book, 59 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 Gate live order book, 65 min ago	5.43 bp	186.3 bp −$186	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 59 min ago	3.81 bp	42.6 bp −$43	193.3 bp −$1,933	373.8 bp −$37.4K	908.5 bp −$454.2K

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	−1.838%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09259	+0.095%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09266	+0.173%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09251	+0.011%	$1.1M	$820K	20x	as long as short
Gate TAIKO_USDTlong	+0.0100%	4h	0.09250	long leg	$136K	$279K	50x
MEXC TAIKO_USDTshort	+0.0100%	4h	0.09264	+0.151%	$429K	$94K	20x
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09260	+0.108%	$380K	$33K	20x	as long as short
Bitget TAIKOUSDT	+0.0100%	4h	0.09251	+0.011%	$931K	$115K	20x	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09237	−0.142%	$2K	$2K	—	as long as short
BingX TAIKO-USDT	+0.0200%	4h	0.09260	+0.108%	—	$2.3M	—	as long as short