Funding you earn now, next payment 00:00 UTC+0.2426%/8h= +265.6% APRpaid last 24h +0.348%
Price spread now: BloFin against Bulk+1.164%97s7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.317% of the position
Funding, last 3 days (all we have)+0.545%+$55 on $10k
+Price spread, last 3 days (all we have)−1.110%−$111 · spread now +1.164%, 7d avg +0.108%
=Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and BloFin is 1.055% dearer against Bulk than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of +0.108%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.545% in total (about 58.3% 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 | Bulk TAO-USD | 311.96 | −0.2086 | get 0.0261% / 1h | 1m 25s | $167K | $47K | 10x |
| Short | BloFin TAO-USDT | 315.59 | 0.0340 | get 0.0170% / 4h | 1m 25s | $4.4M | $10.6M | 100x |
Bulk TAO-USD
BloFin TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bulk. 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
- $509.46
- Price spread: +1.164% → +0.108%
- $105.52
- Slippage, 4 orders
- −$12.74
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $583.25
- Costs to cover
- 0.317%
- Break-even
- from the start
Slippage from Bulk: live order book, 12 min ago; BloFin: live order book, 7 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 Bulk live order book, 12 min ago | 0.16 bp | 6.2 bp −$6 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.03 bp | 11.6 bp −$12 | 22.2 bp −$222 | 38.9 bp −$3,886 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USDlong | −0.2086% | 1h | 311.96 | long leg | $167K | $47K | 10x | |
| dYdX TAO-USD | 0.0000% | 1h | 315.26 | +1.057% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.55 | +1.152% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 315.12 | +1.013% | $23K | $374 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.07 | +1.317% | $39K | $569K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 315.63 | +1.178% | $373K | $363K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.04 | +1.308% | $89.7M | $431.7M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 316.42 | +1.430% | $65.1M | $128.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.20 | +1.359% | $25.4M | $103.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.40 | +1.103% | $12.6M | $50.7M | 50x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 316.26 | +1.378% | $112.3M | $132.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.50 | +1.135% | $18.8M | $28.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.85 | +1.247% | $35.3M | $47.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 315.66 | +1.186% | — | $30.5M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 316.07 | +1.318% | $41K | $282K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.90 | +0.300% | $524K | $952K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.22 | +1.366% | $47K | $268K | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.50 | +1.455% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.72 | +1.205% | $61K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.61 | +1.170% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.47 | +1.125% | $129K | $422K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.87 | +1.253% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.23 | +1.370% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 315.60 | +1.167% | $1K | $577K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0115% | 1h | 316.31 | +1.394% | $77K | $450K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0071% | 1h | 315.57 | +1.156% | $450K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0178% | 4h | 315.80 | +1.230% | $1.1M | $7.9M | 50x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 315.88 | +1.257% | $83K | $545K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0197% | 8h | 315.38 | +1.097% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0220% | 4h | 312.31 | +0.113% | $3.9M | $7.1M | — | as long as short |
| BloFin TAO-USDTshort | +0.0340% | 4h | 315.59 | +1.164% | $4.4M | $10.6M | 100x | |
| Nado TAO-PERP | +0.0430% | 1h | 316.11 | +1.329% | $858K | $2.0M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0443% | 1h | 315.89 | +1.261% | $25K | $1.5M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0444% | 1h | 316.13 | +1.338% | $5.8M | $19.9M | 50x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 316.20 | +1.359% | $331K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0546% | 1h | 315.95 | +1.279% | $314K | $813K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0592% | 1h | 316.21 | +1.362% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 316.09 | +1.325% | $364 | — | 20x | as long as short |
| Extended TAO-USD | +0.0888% | 1h | 315.55 | +1.151% | $926K | $2.2M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 317.76 | +1.859% | $1.5M | $5.9M | 50x | as long as short |
| Lighter TAO | +0.1184% | 1h | 315.92 | +1.270% | $1.7M | $5.8M | 5x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 315.63 | +1.176% | $418K | $584K | 5x | as long as short |
| Hyperliquid TAO | +0.1586% | 1h | 316.64 | +1.500% | $99.2M | $84.9M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
Phoenix TAO
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Lighter TAO
RISEx TAO/USDC
Hyperliquid TAO