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

TAIKO

all TAIKO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.051%
Price spread now: Bybit against Injective+2.665%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 2.665% dearer against Injective than usual: you sell high and buy low: +$267 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TAIKO/USDC PERP0.090800.0033pay 0.0004% / 1h3m 17s$82$44K5.5x
ShortBybit TAIKOUSDT0.093220.0100get 0.0100% / 8h4h 03m$1.1M$855K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Injective. 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
$14
Price spread: +2.665% → 0.000%
$266.52
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$269.5
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Bybit live order book, 2 min ago7.51 bp60.5 bp −$61doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPlong+0.0033%1h0.09080long leg$82$44K5.5x
Aster TAIKOUSDT+0.0100%4h0.09321+2.656%$2K$1K5xas long as short
Binance TAIKOUSDT+0.0100%4h0.09328+2.731%$1.4M$2.0M20xas long as short
Bybit TAIKOUSDTshort+0.0100%8h0.09322+2.665%$1.1M$855K20x
Gate TAIKO_USDT+0.0100%4h0.09320+2.643%$142K$282K50xas long as short
MEXC TAIKO_USDT+0.0100%4h0.09329+2.742%$441K$99K20xas long as short
KuCoin TAIKOUSDTM+0.0100%4h0.09340+2.863%$385K$47K20xas long as short
Bitget TAIKOUSDT+0.0100%4h0.09320+2.643%$936K$109K20xas long as short
BingX TAIKO-USDT+0.0100%4h0.09321+2.654%$2.3Mas long as short
Variational Omni TAIKO+0.0100%8h0.09308+2.510%$2K$2Kas long as short