TAIKO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against MEXC+0.011%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.011%, 7d avg −0.062%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.073% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TAIKO_USDT	0.09303	0.0100	pay 0.0050% / 4h	2h 55m	$436K	$96K	20x
Short	BingX TAIKO-USDT	0.09304	0.0200	get 0.0100% / 4h	2h 55m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $21
Price spread: +0.011% → −0.062%: $7.31
Slippage, 4 orders: −$95.14
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.82
Costs to cover: 1.091%
Break-even: 33.9 days

Slippage from MEXC: live order book, 45 min ago; BingX: live order book, 8 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 MEXC live order book, 45 min ago	3.77 bp	26.4 bp −$26	184.0 bp −$1,840	375.0 bp −$37.5K	914.8 bp −$457.4K
Sell BingX live order book, 8 min ago	5.38 bp	28.0 bp −$28	139.5 bp −$1,395	1137.7 bp −$113.8K	1391.3 bp −$695.7K

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	−2.397%	$82	$44K	5.5x	as long as short
Aster TAIKOUSDT	+0.0100%	4h	0.09298	−0.059%	$2K	$1K	5x	as long as short
Binance TAIKOUSDT	+0.0100%	4h	0.09307	+0.042%	$1.4M	$1.9M	20x	as long as short
Bybit TAIKOUSDT	+0.0100%	8h	0.09294	−0.097%	$1.1M	$816K	20x	as long as short
Gate TAIKO_USDT	+0.0100%	4h	0.09300	−0.032%	$140K	$274K	50x	as long as short
MEXC TAIKO_USDTlong	+0.0100%	4h	0.09303	long leg	$436K	$96K	20x
KuCoin TAIKOUSDTM	+0.0100%	4h	0.09290	−0.140%	$382K	$37K	20x	as long as short
Bitget TAIKOUSDT	+0.0100%	4h	0.09261	−0.451%	$929K	$98K	20x	as long as short
Variational Omni TAIKO	+0.0100%	8h	0.09292	−0.114%	$2K	$2K	—	as long as short
BingX TAIKO-USDTshort	+0.0200%	4h	0.09304	+0.011%	—	$2.3M	—