Funding you earn now, next payment 20:00 UTC+0.1077%/8hpaid last 24h +0.117%
Price spread now: Hyperliquid against HTX−0.443%7-day average +0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 3 days (all we have)+0.598%+$60 · spread now −0.443%, 7d avg +0.205%
=Together, before fees+0.914%+ Points / potential airdropHyperliquid: Season 2 · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.648% cheaper against HTX than usual: you would sell low and buy high (spread −0.443% now, against its 7-day average of +0.205%). If the spread goes back, that is −$65 on $10k: about 2.0 days of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.316% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.316% in total (about 16.5% 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 | HTX TAO-USDT | 295.71 | 0.0100 | pay 0.0050% / 4h | 6m 15s | $123K | $312K | 20x |
| Short | Hyperliquid TAO | 294.40 | 0.1177 | get 0.0147% / 1h | 6m 15s | $83.1M | $55.9M | 5x |
HTX TAO-USDT
Hyperliquid TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $226.12
- Price spread: −0.443% → +0.205%
- −$64.82
- Slippage, 4 orders
- −$130.12
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $10.19
- Costs to cover
- 1.511%
- Break-even
- 6.7 days
Slippage from HTX: live order book, 25 min ago; Hyperliquid: live order book, 12 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, 25 min ago | 14.84 bp | 114.8 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.20 bp | 8.7 bp −$9 | doesn't fit | 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 | −0.2681% | 1h | 291.45 | −1.441% | $192K | $44K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | −0.0158% | 1h | 294.20 | −0.511% | $5.3M | $14.1M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 292.22 | −1.180% | $75K | $35K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0010% | 1h | 293.98 | −0.585% | $35K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0080% | 1h | 294.22 | −0.503% | $22K | $1.1M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 293.83 | −0.636% | $33K | $479K | 20x | as long as short |
| Aster TAOUSDT | +0.0100% | 4h | 292.72 | −1.013% | $1.6M | $5.0M | 50x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 292.39 | −1.123% | $339K | $375K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 293.98 | −0.584% | $80.2M | $337.9M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 294.15 | −0.528% | $51.8M | $89.0M | 50x | as long as short |
Bulk TAO-USD
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 293.90 | −0.612% | $23.3M | $72.2M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 293.20 | −0.849% | $128K | $580K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 293.90 | −0.612% | $11.7M | $45.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 294.00 | −0.578% | $106.2M | $106.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 293.93 | −0.602% | $19.7M | $21.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 293.87 | −0.622% | $33.2M | $37.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 293.98 | −0.585% | — | $27.6M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 291.12 | −1.551% | $3.2M | $5.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 292.48 | −1.091% | $38K | $272K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 291.44 | −1.443% | $521K | $884K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 292.61 | −1.048% | $44K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 294.09 | −0.548% | $84K | $508K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 293.97 | −0.588% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 293.92 | −0.605% | $54K | $235K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 292.18 | −1.194% | $2K | $1.6M | 20x | as long as short |
| HTX TAO-USDTlong | +0.0100% | 4h | 295.71 | long leg | $123K | $312K | 20x | |
| Phemex TAOUSDT | +0.0100% | 4h | 293.90 | −0.612% | $3.1M | $7.5M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 293.45 | −0.764% | $1K | $348K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 294.18 | −0.518% | $162K | $998 | 3x | as long as short |
| Paradex TAO-USD-PERP | +0.0105% | 8h | 292.38 | −1.126% | $14K | $376 | 10x | as long as short |
| Nado TAO-PERP | +0.0197% | 1h | 293.84 | −0.632% | $1.0M | $1.3M | 10x | as long as short |
| Phoenix TAO | +0.0336% | 1h | 292.60 | −1.052% | $311K | $158K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 292.17 | −1.197% | $4.0M | $7.2M | 100x | as long as short |
| Extended TAO-USD | +0.0344% | 1h | 294.01 | −0.575% | $782K | $1.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0408% | 1h | 293.43 | −0.771% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0432% | 1h | 292.60 | −1.053% | $1.3M | $2.4M | 5x | as long as short |
| RISEx TAO/USDC | +0.0478% | 1h | 293.45 | −0.763% | $339K | $452K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0482% / S −0.0195% | 1h | 293.94 | −0.600% | $443K | — | 100x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 293.91 | −0.610% | $338 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0696% | 1h | 292.30 | −1.153% | $370K | $536K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0872% | 1h | 294.24 | −0.497% | $1.5M | $4.4M | 50x | as long as short |
| Hyperliquid TAOshort | +0.1177% | 1h | 294.40 | −0.443% | $83.1M | $55.9M | 5x | |
| Injective TAO/USDC PERP | +0.2947% | 1h | 294.49 | −0.413% | $21K | $39K | 12x | as long as short |
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
Paradex TAO-USD-PERP
Nado TAO-PERP
Phoenix TAO
BloFin TAO-USDT
Extended TAO-USD
01 Exchange TAOUSD
Lighter TAO
RISEx TAO/USDC
GMX TAO/USD [WBTC.b-USDC]
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP