Funding you earn now, next payment 08:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against HTX−0.796%77s7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$268as 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−$2732.726% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.912%+$91 · spread now −0.796%, 7d avg +0.095%
=Together, before fees+0.961%+ Points / potential airdropGRVT: Active · farm board+$96 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.891% cheaper against HTX than usual: you would sell low and buy high (spread −0.796% now, against its 7-day average of +0.095%). If the spread goes back, that is −$89 on $10k: about 12 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.049% in total) that is about 4 months. The two prices were read 77 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 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. 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 | HTX TAO-USDT | 316.32 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $114K | $555K | 20x |
| Short | GRVT TAO_USDT_Perp | 313.80 | 0.0346 | get 0.0173% / 4h | 2h 21m | $533K | $923K | 10x |
HTX TAO-USDT
GRVT TAO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against HTX. 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
- $51.66
- Price spread: −0.796% → +0.095%
- −$89.14
- Slippage, 4 orders
- −$251.63
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$310.11
- Costs to cover
- 2.726%
- Break-even
- 49.0 days
Slippage from HTX: live order book, 27 min ago; GRVT: live order book, 26 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 HTX live order book, 27 min ago | 7.03 bp | 108.0 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 26 min ago | 1.43 bp | 9.3 bp −$9 | 21.2 bp −$212 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0038% | 1h | 313.74 | −0.816% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.32 | 0.000% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0042% | 1h | 315.75 | −0.180% | $126K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.97 | +0.838% | $91.6M | $510.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.80 | +0.784% | $26.7M | $124.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.70 | +0.752% | $14.1M | $51.2M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 319.17 | +0.901% | $101.2M | $147.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.67 | +0.743% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.56 | +0.708% | $35.9M | $57.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.26 | −0.968% | $41K | $314K | 10x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.63 | +0.098% | $90K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.37 | +0.016% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDTlong | +0.0100% | 4h | 316.32 | long leg | $114K | $555K | 20x | |
| Phemex TAOUSDT | +0.0100% | 4h | 317.00 | +0.215% | $3.2M | $8.0M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 316.45 | +0.041% | $648 | $935K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.62 | +0.095% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 316.72 | +0.126% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0128% / S +0.0141% | 1h | 316.23 | −0.027% | $423K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 316.72 | +0.126% | $53K | $669K | 20x | as long as short |
| Aster TAOUSDT | +0.0225% | 4h | 318.71 | +0.754% | $1.3M | $10.6M | 50x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 316.19 | −0.043% | $360K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0260% | 1h | 316.69 | +0.116% | $781K | $2.2M | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0273% | 8h | 316.22 | −0.032% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0300% | 1h | 317.13 | +0.255% | $5.9M | $21.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0327% | 1h | 316.67 | +0.111% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 315.98 | −0.107% | $4.6M | $11.0M | 100x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0346% | 4h | 313.80 | −0.796% | $533K | $923K | 10x | |
| ApeX Omni TAOUSDT | +0.0359% | 1h | 313.36 | −0.936% | $44K | $256K | 50x | as long as short |
| BingX TAO-USDT | +0.0402% | 4h | 318.99 | +0.844% | — | $33.7M | — | as long as short |
| Bybit TAOUSDT | +0.0416% | 4h | 318.96 | +0.835% | $69.5M | $152.8M | 50x | as long as short |
| Variational Omni TAO | +0.0439% | 4h | 313.02 | −1.044% | $5.5M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 316.83 | +0.161% | $102K | $345K | 5x | as long as short |
| Extended TAO-USD | +0.0496% | 1h | 318.92 | +0.822% | $907K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | −0.955% | $312K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0652% | 1h | 316.83 | +0.162% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 316.57 | +0.080% | $364 | — | 20x | as long as short |
| Lighter TAO | +0.0752% | 1h | 317.04 | +0.229% | $1.5M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 317.21 | +0.281% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0820% | 1h | 318.72 | +0.759% | $93.4M | $108.9M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0831% | 1h | 318.96 | +0.835% | $317K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 317.70 | +0.436% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 316.61 | +0.090% | $458K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +0.999% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Nado TAO-PERP
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
ApeX Omni TAOUSDT
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Arcus TAO-USD
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Lighter TAO
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP