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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin+0.087%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$634as in the Funding arb table

Net, price: spread back to 7d avg − costs−$631as in the Price arb table

costs, in and out, $10k−$6346.340% of the position

Long on KuCoin 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)−0.260%−$26 · spread now +0.087%, 7d avg +0.057%

Together, before fees−0.260%−$26 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 0.030% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TAIKOUSDTM	0.09200	0.0100	pay 0.0050% / 4h	3h 26m	$378K	$33K	20x
Short	MEXC TAIKO_USDT	0.09208	0.0100	get 0.0050% / 4h	3h 26m	$422K	$93K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → +0.057%: $3.01
Slippage, 4 orders: −$617.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$630.97
Costs to cover: 6.340%
Break-even: never at this rate

Slippage from KuCoin: live order book, 66 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 KuCoin live order book, 66 min ago	21.69 bp	198.4 bp −$198	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 59 min ago	3.27 bp	19.4 bp −$19	172.8 bp −$1,728	357.6 bp −$35.8K	882.4 bp −$441.2K

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	−1.304%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09200	+0.002%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09206	+0.065%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09199	−0.011%	$1.1M	$792K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09200	0.000%	$134K	$222K	50x	as long as short
MEXC TAIKO_USDTshort	+0.0100%	4h	0.09208	+0.087%	$422K	$93K	20x
KuCoin TAIKOUSDTMlong	+0.0100%	4h	0.09200	long leg	$378K	$33K	20x
Bitget TAIKOUSDT	+0.0100%	4h	0.09191	−0.098%	$925K	$108K	20x	as long as short
BingX TAIKO-USDT	+0.0100%	4h	0.09196	−0.043%	—	$2.4M	—	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09199	−0.011%	$2K	$2K	—	as long as short