Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h −0.072%
Price spread now: BingX against BloFin−0.221%81s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.221%, 7d avg −0.030%
=Funding pays, the price is against you. BingX is 0.191% cheaper against BloFin than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.030%). If the spread goes back, that is −$19 on $10k: about 2.2 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.375%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TAO-USDT | 316.66 | 0.0340 | pay 0.0170% / 4h | 3h 09m | $4.5M | $10.8M | 100x |
| Short | BingX TAO-USDT | 315.96 | 0.0628 | get 0.0314% / 4h | 3h 09m | — | $30.5M | — |
BloFin TAO-USDT
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $60.48
- Price spread: −0.221% → −0.030%
- −$19.13
- Slippage, 4 orders
- −$17.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $1.43
- Costs to cover
- 0.399%
- Break-even
- 6.8 days
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 14 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 BloFin live order book, 4 min ago | 2.37 bp | 10.0 bp −$10 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 1.25 bp | 9.6 bp −$10 | 15.9 bp −$159 | 34.0 bp −$3,404 | 77.7 bp −$38.9K |
TAO on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1821% | 1h | 318.67 | +0.634% | $169K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.65 | −0.319% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.20 | −0.145% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.83 | +0.054% | $43K | $598K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.91 | −0.238% | $90.6M | $450.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.00 | −0.208% | $25.7M | $108.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.70 | −0.303% | $12.8M | $51.2M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.92 | −0.234% | $98.9M | $136.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.02 | −0.202% | $17.9M | $29.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.59 | −0.338% | $35.1M | $51.4M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.13 | −0.167% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.09 | −0.179% | $524K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.39 | −0.085% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.22 | −0.139% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.77 | +0.035% | $127K | $422K | 20x | as long as short |
| Bullet TAO-USD | +0.0103% | 1h | 316.51 | −0.048% | $12K | $17K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.68 | +0.005% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 316.87 | +0.066% | $1K | $643K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0101% | 1h | 316.17 | −0.156% | $449K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 316.79 | +0.041% | $375K | $375K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.01 | +0.111% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0204% | 4h | 315.90 | −0.240% | $1.2M | $8.8M | 50x | as long as short |
| Phemex TAOUSDT | +0.0224% | 4h | 316.39 | −0.085% | $3.4M | $7.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 316.50 | −0.051% | $14K | $1K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0247% | 1h | 316.20 | −0.145% | $48K | $267K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0276% | 1h | 316.82 | +0.051% | $93K | $633K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0285% | 1h | 316.30 | −0.112% | $17K | $1.5M | 25x | as long as short |
| BloFin TAO-USDTlong | +0.0340% | 4h | 316.66 | long leg | $4.5M | $10.8M | 100x | |
| Kraken Futures PF_TAOUSD | +0.0485% | 1h | 316.31 | −0.111% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 316.60 | −0.019% | $331K | $624K | 5x | as long as short |
| Variational Omni TAO | +0.0546% | 4h | 316.94 | +0.089% | $5.5M | $8.7M | — | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 317.06 | +0.126% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.77 | +0.351% | $23K | $802 | 12x | as long as short |
| BingX TAO-USDTshort | +0.0628% | 4h | 315.96 | −0.221% | — | $30.5M | — | |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.44 | −0.068% | $364 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0738% | 4h | 316.27 | −0.123% | $65.1M | $133.4M | 50x | as long as short |
| Nado TAO-PERP | +0.0754% | 1h | 316.48 | −0.058% | $876K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0806% | 1h | 316.27 | −0.123% | $320K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.71 | +0.332% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1120% | 1h | 315.85 | −0.255% | $886K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.80 | +0.043% | $420K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 316.58 | −0.024% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1823% | 1h | 316.23 | −0.136% | $101.2M | $91.5M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Bullet TAO-USD
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Phemex TAOUSDT
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
Phoenix TAO
Variational Omni TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Reya TAORUSDPERP
Bybit TAOUSDT
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO