Funding you earn now, next payment 03:00 UTC+0.0608%/8h= +66.6% APRpaid last 24h −0.010%
Price spread now: BingX against dYdX+0.589%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.589%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BingX is 0.549% dearer against dYdX than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% 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 | dYdX TAO-USD | 322.39 | 0 | get 0.0000% / 1h | 34m 19s | $129K | $85K | 5x |
| Short | BingX TAO-USDT | 324.29 | 0.0608 | get 0.0304% / 4h | 1h 34m | — | $30.4M | — |
dYdX TAO-USD
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against dYdX. 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
- $127.68
- Price spread: +0.589% → +0.040%
- $54.94
- Slippage, 4 orders
- −$86.72
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $75.9
- Costs to cover
- 1.067%
- Break-even
- 2.8 days
Slippage from dYdX: live order book, 30 min ago; BingX: live order book, 4 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 dYdX live order book, 30 min ago | 38.70 bp | 45.9 bp −$46 | 73.6 bp −$736 | 179.9 bp −$18.0K | 664.8 bp −$332.4K |
| Sell BingX live order book, 4 min ago | 1.88 bp | 9.4 bp −$9 | 13.7 bp −$137 | 37.2 bp −$3,717 | 96.9 bp −$48.4K |
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 | −0.5583% | 1h | 316.49 | −1.830% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USDlong | 0.0000% | 1h | 322.39 | long leg | $129K | $85K | 5x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 324.11 | +0.533% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 323.70 | +0.406% | $35K | $671K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 324.10 | +0.530% | $94.5M | $476.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 324.00 | +0.499% | $26.7M | $119.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 324.00 | +0.499% | $13.3M | $49.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 324.19 | +0.558% | $110.4M | $140.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 324.15 | +0.546% | $17.9M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 324.06 | +0.518% | $36.2M | $54.3M | 50x | as long as short |
Bulk 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 | 320.56 | −0.566% | $36K | $301K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 324.04 | +0.512% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 323.98 | +0.493% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 323.78 | +0.431% | $131K | $481K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 324.25 | +0.577% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 324.67 | +0.707% | $178K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0110% | 4h | 324.12 | +0.537% | $59K | $281K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 323.18 | +0.245% | $1K | $765K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0162% / S +0.0106% | 1h | 323.94 | +0.481% | $440K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0242% | 1h | 324.17 | +0.551% | $5.7M | $20.6M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0248% | 4h | 320.95 | −0.447% | $534K | $963K | 10x | as long as short |
| Bullet TAO-USD | +0.0312% | 1h | 324.31 | +0.596% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0319% | 8h | 323.12 | +0.227% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 323.97 | +0.490% | $4.6M | $10.9M | 100x | as long as short |
| Aster TAOUSDT | +0.0371% | 4h | 323.46 | +0.331% | $1.2M | $9.6M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 323.35 | +0.298% | $381K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 320.50 | −0.586% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 323.32 | +0.288% | $101K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0531% | 1h | 324.00 | +0.499% | $793K | $2.2M | 10x | as long as short |
| Bybit TAOUSDT | +0.0596% | 4h | 324.42 | +0.630% | $71.4M | $142.6M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0608% | 4h | 324.29 | +0.589% | — | $30.4M | — | |
| Deribit TAO_USDC-PERPETUAL | +0.0669% | 1h | 324.14 | +0.543% | $33K | $1.6M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 324.18 | +0.555% | $373 | — | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0733% | 1h | 320.61 | −0.552% | $47K | $253K | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 323.87 | +0.459% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0866% | 4h | 320.39 | −0.620% | $5.9M | $9.7M | — | as long as short |
| Lighter TAO | +0.0896% | 1h | 324.56 | +0.674% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 324.14 | +0.544% | $949K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 325.38 | +0.927% | $1.5M | $6.7M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1036% | 1h | 324.50 | +0.654% | $446K | $860K | 10x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 323.26 | +0.270% | $458K | $628K | 5x | as long as short |
| Hyperliquid TAO | +0.1325% | 1h | 324.55 | +0.670% | $101.9M | $98.8M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | +0.304% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
GRVT TAO_USDT_Perp
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Bybit TAOUSDT
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
ApeX Omni TAOUSDT
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP