Funding you earn now, next payment 12:00 UTC+0.1336%/8h= +146.3% APRpaid last 24h −0.278%
Price spread now: Bulk against Bitget+0.252%58s7-day average −0.077% · 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−$320.321% of the position
Funding, last 4 days (all we have)−0.363%−$36 on $10k
+Price spread, last 4 days (all we have)−0.342%−$34 · spread now +0.252%, 7d avg −0.077%
=Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Bulk is 0.330% dearer against Bitget than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.077%. Mind the row above: over the last 4 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour. The two prices were read 58 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 4 days it paid -0.363% in total (about -34.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TAOUSDT | 313.10 | 0.0100 | pay 0.0050% / 4h | 47m 37s | $35.4M | $54.2M | 50x |
| Short | Bulk TAO-USD | 313.89 | 0.1436 | get 0.0180% / 1h | 47m 37s | $166K | $662 | 10x |
Bitget TAOUSDT
Bulk TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Bitget. 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
- $280.64
- Price spread: +0.252% → −0.077%
- $32.98
- Slippage, 4 orders
- −$13.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $281.48
- Costs to cover
- 0.321%
- Break-even
- from the start
Slippage from Bitget: live order book, 4 min ago; Bulk: live order book, 59 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 Bitget live order book, 4 min ago | 2.40 bp | 11.6 bp −$12 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 59 min ago | 0.16 bp | 3.7 bp −$4 | 7.1 bp −$71 | 19.4 bp −$1,936 | doesn't fit |
TAO on 43 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 313.00 | −0.033% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.41 | +0.099% | $54K | $633K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.40 | +0.096% | $26.7M | $125.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.00 | −0.032% | $16.1M | $46.5M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.15 | +0.016% | $17.2M | $31.0M | 75x | as long as short |
| Bitget TAOUSDTlong | +0.0100% | 4h | 313.10 | long leg | $35.4M | $54.2M | 50x | |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.45 | −0.208% | $44K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.14 | +0.013% | $68K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.27 | +0.054% | $2K | $1.7M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.17 | +0.022% | $114K | $550K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0102% | 8h | 313.04 | −0.019% | $2K | $1.3M | 5x | as long as short |
| Extended TAO-USD | +0.0104% | 1h | 313.27 | +0.055% | $922K | $2.1M | 25x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 314.33 | +0.393% | $173K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0167% | 4h | 312.45 | −0.208% | $41K | $325K | 10x | as long as short |
| MEXC TAO_USDT | +0.0168% | 4h | 313.07 | −0.010% | $111.5M | $147.1M | 300x | as long as short |
| Binance TAOUSDT | +0.0168% | 4h | 313.29 | +0.060% | $93.0M | $507.0M | 75x | as long as short |
| Pacifica TAO | +0.0223% | 1h | 313.12 | +0.007% | $380K | $455K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0276% | 4h | 312.91 | −0.060% | $532K | $749K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0280% | 4h | 313.46 | +0.115% | $52K | $262K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0297% | 8h | 313.37 | +0.086% | $14K | $769 | 10x | as long as short |
| Bullet TAO-USD | +0.0309% | 1h | 313.33 | +0.073% | $12K | $16K | 20x | as long as short |
| Lighter TAO | +0.0344% | 1h | 313.29 | +0.059% | $1.6M | $6.7M | 5x | as long as short |
| Aster TAOUSDT | +0.0356% | 4h | 313.41 | +0.098% | $1.2M | $11.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0371% / S −0.0114% | 1h | 312.97 | −0.040% | $377K | — | 100x | as long as short |
| BingX TAO-USDT | +0.0388% | 4h | 313.31 | +0.067% | — | $37.7M | — | as long as short |
| Bybit TAOUSDT | +0.0398% | 4h | 313.57 | +0.150% | $69.4M | $154.5M | 50x | as long as short |
| BloFin TAO-USDT | +0.0406% | 4h | 312.15 | −0.303% | $4.9M | $10.5M | 100x | as long as short |
| dYdX TAO-USD | +0.0422% | 1h | 312.77 | −0.105% | $264K | $230K | 5x | as long as short |
| Phemex TAOUSDT | +0.0436% | 4h | 313.23 | +0.042% | $3.1M | $8.3M | 50x | as long as short |
| Nado TAO-PERP | +0.0482% | 1h | 313.06 | −0.014% | $651K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.0540% | 1h | 313.02 | −0.026% | $93.5M | $105.5M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0568% | 1h | 313.49 | +0.126% | $23K | $1.9M | 25x | as long as short |
| Arcus TAO-USD | +0.0587% | 1h | 313.49 | +0.125% | $99K | $285K | 5x | as long as short |
| Variational Omni TAO | +0.0603% | 4h | 312.01 | −0.347% | $6.2M | $10.1M | — | as long as short |
| Phoenix TAO | +0.0636% | 1h | 312.80 | −0.096% | $314K | $701K | 5x | as long as short |
| RISEx TAO/USDC | +0.0694% | 1h | 313.31 | +0.067% | $436K | $664K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 313.02 | −0.025% | $360 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0728% | 1h | 313.68 | +0.185% | $1.1M | $7.4M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 313.68 | +0.185% | $3K | $2K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0862% | 1h | 313.48 | +0.122% | $6.2M | $19.6M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0881% | 1h | 313.50 | +0.128% | $298K | $1.1M | 10x | as long as short |
| Bulk TAO-USDshort | +0.1436% | 1h | 313.89 | +0.252% | $166K | $662 | 10x | |
| Injective TAO/USDC PERP | +0.4136% | 1h | 317.23 | +1.319% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
Extended TAO-USD
Aevo TAO-PERP
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Pacifica TAO
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
Bullet TAO-USD
Lighter TAO
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BingX TAO-USDT
Bybit TAOUSDT
BloFin TAO-USDT
dYdX TAO-USD
Phemex TAOUSDT
Nado TAO-PERP
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Variational Omni TAO
Phoenix TAO
RISEx TAO/USDC
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
01 Exchange TAOUSD
Kraken Futures PF_TAOUSD
Backpack TAO_USDC_PERP
Injective TAO/USDC PERP