Funding you earn now, next payment 04:00 UTC+0.0651%/8h= +71.3% APRpaid last 24h +0.078%
Price spread now: RISEx against BloFin−0.037%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 4 days (all we have)+0.221%+$22 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.037%, 7d avg −0.007%
=Funding pays, the price is against you. RISEx is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day). At the pace of the last 4 days (+0.221% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.221% in total (about 22.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TAO-USDT | 314.96 | 0.0340 | pay 0.0170% / 4h | 14m 34s | $4.6M | $10.9M | 100x |
| Short | RISEx TAO/USDC | 314.85 | 0.0991 | get 0.0124% / 1h | 14m 34s | $435K | $651K | 5x |
BloFin TAO-USDT
RISEx TAO/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $136.76
- Price spread: −0.037% → −0.007%
- −$3
- Slippage, 4 orders
- −$14.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $101.1
- Costs to cover
- 0.327%
- Break-even
- 1.8 days
Slippage from BloFin: live order book, 4 min ago; RISEx: live order book, 44 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 | 0.16 bp | 10.1 bp −$10 | 16.3 bp −$163 | 31.4 bp −$3,140 | doesn't fit |
| Sell RISEx live order book, 44 min ago | 2.38 bp | 5.6 bp −$6 | 31.9 bp −$319 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 314.54 | −0.133% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.72 | −0.077% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 314.80 | −0.051% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.84 | −0.038% | $43K | $668K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 314.71 | −0.079% | $644 | $799K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.82 | −0.046% | $91.0M | $494.8M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.92 | −0.013% | $67.8M | $148.9M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.70 | −0.083% | $26.0M | $120.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.60 | −0.114% | $12.9M | $50.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.91 | −0.016% | $110.7M | $144.1M | 300x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.64 | −0.102% | $17.7M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.49 | −0.149% | $35.2M | $56.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 314.80 | −0.051% | — | $32.9M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.19 | +0.073% | $42K | $313K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 315.53 | +0.182% | $522K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.11 | +0.048% | $46K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.60 | −0.114% | $77K | $859K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 315.07 | +0.036% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.95 | −0.003% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.21 | −0.238% | $110K | $535K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.81 | −0.048% | $3.2M | $8.1M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 314.68 | −0.089% | $167K | $2K | 10x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.00 | +0.011% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0132% | 4h | 314.73 | −0.073% | $52K | $270K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0146% / S +0.0122% | 1h | 314.72 | −0.075% | $428K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0157% | 8h | 314.97 | +0.004% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0176% | 4h | 314.82 | −0.044% | $1.2M | $10.4M | 50x | as long as short |
| Extended TAO-USD | +0.0200% | 1h | 314.77 | −0.062% | $923K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0215% | 1h | 314.71 | −0.080% | $800K | $2.2M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0218% | 1h | 314.94 | −0.006% | $25K | $1.7M | 25x | as long as short |
| Hyperliquid TAO | +0.0265% | 1h | 314.96 | +0.002% | $92.6M | $106.5M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0320% | 1h | 314.92 | −0.013% | $3K | $4K | 5x | as long as short |
| BloFin TAO-USDTlong | +0.0340% | 4h | 314.96 | long leg | $4.6M | $10.9M | 100x | |
| Lighter TAO | +0.0344% | 1h | 315.13 | +0.053% | $1.5M | $6.5M | 5x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.12 | +0.051% | $99K | $438K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0347% | 1h | 314.76 | −0.064% | $315K | $913K | 10x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 314.82 | −0.044% | $359K | $412K | 10x | as long as short |
| Variational Omni TAO | +0.0461% | 4h | 315.17 | +0.067% | $5.7M | $9.9M | — | as long as short |
| Phoenix TAO | +0.0581% | 1h | 315.40 | +0.140% | $314K | $697K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.76 | −0.065% | $362 | — | 20x | as long as short |
| RISEx TAO/USDCshort | +0.0991% | 1h | 314.85 | −0.037% | $435K | $651K | 5x | |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 316.12 | +0.368% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 318.19 | +1.026% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Bulk TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Aster TAOUSDT
Extended TAO-USD
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Hyperliquid TAO
01 Exchange TAOUSD
Lighter TAO
Arcus TAO-USD
Backpack TAO_USDC_PERP
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP