Funding you earn now, next payment 01:00 UTC−0.1421%/8h= −155.6% APRpaid last 24h −0.305%
Price spread now: Bulk against HTX+0.303%7-day average −0.007% · 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−$112as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
Funding, last 3 days (all we have)−0.313%−$31 on $10k
+Price spread, last 3 days (all we have)−0.379%−$38 · spread now +0.303%, 7d avg −0.007%
=The price spread pays, funding is against you. Bulk is 0.309% dearer against HTX than usual: you sell high and buy low (spread +0.303% now, against its 7-day average of −0.007%): +$31 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 3 days (−0.313% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.313% in total (about -33.3% 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 | HTX TAO-USDT | 317.26 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $127K | $423K | 20x |
| Short | Bulk TAO-USD | 318.22 | −0.1321 | pay 0.0165% / 1h | 27m 18s | $169K | $44K | 10x |
HTX TAO-USDT
Bulk TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$298.39
- Price spread: +0.303% → −0.007%
- $30.93
- Slippage, 4 orders
- −$123.63
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$410.09
- Costs to cover
- 1.426%
- Break-even
- never at this rate
Slippage from HTX: live order book, 46 min ago; Bulk: live order book, 47 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, 46 min ago | 18.94 bp | 105.2 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 47 min ago | 0.16 bp | 4.6 bp −$5 | 11.3 bp −$113 | 21.0 bp −$2,098 | 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-USDshort | −0.1321% | 1h | 318.22 | +0.303% | $169K | $44K | 10x | |
| dYdX TAO-USD | 0.0000% | 1h | 317.04 | −0.069% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.64 | −0.196% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.22 | −0.013% | $43K | $590K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.77 | −0.154% | $91.0M | $447.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.00 | −0.082% | $25.9M | $108.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.70 | −0.177% | $12.8M | $50.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.96 | −0.095% | $108.3M | $134.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.18 | −0.025% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.72 | −0.170% | $35.3M | $50.7M | 50x | as long as short |
dYdX 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 | 317.29 | +0.008% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 318.49 | +0.389% | $527K | $969K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.91 | −0.110% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.66 | −0.189% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDTlong | +0.0100% | 4h | 317.26 | long leg | $127K | $423K | 20x | |
| Phemex TAOUSDT | +0.0100% | 4h | 316.69 | −0.180% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.33 | +0.022% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 317.29 | +0.009% | $734 | $625K | 5x | as long as short |
| Bullet TAO-USD | +0.0124% | 1h | 317.02 | −0.076% | $12K | $17K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 316.65 | −0.191% | $456K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 317.41 | +0.047% | $376K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.45 | +0.060% | $84K | $550K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0215% | 1h | 316.92 | −0.107% | $17K | $1.5M | 25x | as long as short |
| Aster TAOUSDT | +0.0220% | 4h | 317.04 | −0.068% | $1.1M | $8.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0235% | 8h | 317.18 | −0.026% | $14K | $1K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0296% | 1h | 317.11 | −0.047% | $48K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0297% | 1h | 317.40 | +0.044% | $93K | $635K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.04 | −0.069% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 316.95 | −0.098% | — | $30.7M | — | as long as short |
| Variational Omni TAO | +0.0436% | 4h | 318.35 | +0.342% | $5.5M | $8.7M | — | as long as short |
| Bybit TAOUSDT | +0.0453% | 4h | 317.17 | −0.028% | $65.4M | $133.0M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0484% | 1h | 316.74 | −0.165% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.50 | +0.391% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.800% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 317.49 | +0.072% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 317.19 | −0.023% | $365 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0788% | 1h | 317.38 | +0.038% | $882K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0858% | 1h | 317.73 | +0.148% | $321K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.78 | +0.164% | $1.5M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 317.28 | +0.006% | $422K | $591K | 5x | as long as short |
| Extended TAO-USD | +0.1144% | 1h | 316.87 | −0.122% | $927K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1392% | 1h | 317.27 | +0.002% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2089% | 1h | 317.65 | +0.123% | $102.3M | $91.1M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Aster TAOUSDT
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Extended TAO-USD
Lighter TAO
Hyperliquid TAO