Funding arb · Price arb /

TAIKO

all TAIKO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin−0.215%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$902as in the Funding arb table

Net, price: spread back to 7d avg − costs−$918as in the Price arb table

costs, in and out, $10k−$9029.016% of the position

Long on KuCoin Short on Gate

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)+0.029%+$3 · spread now −0.215%, 7d avg −0.046%

Together, before fees+0.029%+$3 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: Gate is 0.169% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TAIKOUSDTM	0.09310	0.0100	pay 0.0050% / 4h	25m 53s	$384K	$50K	20x
Short	Gate TAIKO_USDT	0.09290	0.0100	get 0.0050% / 4h	25m 53s	$143K	$281K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.215%Rate

Funding earned: $0
Price spread: −0.215% → −0.046%: −$16.92
Slippage, 4 orders: −$874.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$918.49
Costs to cover: 9.016%
Break-even: never at this rate

Slippage from KuCoin: live order book, 56 min ago; Gate: live order book, 26 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 KuCoin live order book, 56 min ago	16.12 bp	339.2 bp −$339	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 26 min ago	5.40 bp	159.1 bp −$159	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	−2.470%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09283	−0.288%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09297	−0.136%	$1.4M	$2.0M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09295	−0.161%	$1.0M	$853K	20x	as long as short
Gate TAIKO_USDTshort	+0.0100%	4h	0.09290	−0.215%	$143K	$281K	50x
MEXC TAIKO_USDT	+0.0100%	4h	0.09294	−0.172%	$442K	$97K	20x	as long as short
KuCoin TAIKOUSDTMlong	+0.0100%	4h	0.09310	long leg	$384K	$50K	20x
Bitget TAIKOUSDT	+0.0100%	4h	0.09266	−0.473%	$931K	$110K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09296	−0.150%	—	$2.3M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09283	−0.292%	$2K	$2K	—	as long as short