Funding you earn now, next payment 05:00 UTC−0.3992%/8h= −437.2% APRpaid last 24h −0.645%
Price spread now: Bitget against Injective−1.472%81s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.427%−$343 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$120 a day on $10k at the current rate, and Bitget is 1.472% cheaper against Injective than usual: you would sell low and buy high (−$147 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TAO/USDC PERP | 315.24 | 0.4092 | pay 0.0512% / 1h | 26m 04s | $23K | $2K | 12x |
| Short | Bitget TAOUSDT | 310.60 | 0.0100 | get 0.0050% / 4h | 3h 26m | $34.7M | $56.5M | 50x |
Injective TAO/USDC PERP
Bitget TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- −$838.39
- Price spread: −1.472% → 0.000%
- −$147.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$997.6
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 0.80 bp | 12.7 bp −$13 | 23.1 bp −$231 | 35.8 bp −$3,578 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0349% | 1h | 310.92 | −1.371% | $5.5M | $20.6M | 50x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 310.78 | −1.415% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0015% | 1h | 310.67 | −1.451% | $124K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 310.78 | −1.415% | $46K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0099% | 8h | 310.52 | −1.497% | $636 | $837K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 310.78 | −1.414% | $354K | $414K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 310.87 | −1.386% | $89.1M | $500.6M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 310.95 | −1.361% | $66.9M | $150.3M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 310.90 | −1.377% | $25.9M | $120.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 310.70 | −1.440% | $13.2M | $50.1M | 50x | as long as short |
Kraken Futures PF_TAOUSD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 310.87 | −1.386% | $101.8M | $145.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 310.82 | −1.402% | $17.7M | $31.3M | 75x | as long as short |
| Bitget TAOUSDTshort | +0.0100% | 4h | 310.60 | −1.472% | $34.7M | $56.5M | 50x | |
| BingX TAO-USDT | +0.0100% | 4h | 311.02 | −1.339% | — | $33.4M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.06 | −1.010% | $41K | $312K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.97 | −1.038% | $530K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.03 | −1.018% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 310.66 | −1.453% | $78K | $899K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.07 | −1.323% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 310.80 | −1.408% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 310.53 | −1.494% | $110K | $541K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.00 | −1.346% | $171K | $998 | 3x | as long as short |
| Aster TAOUSDT | +0.0110% | 4h | 310.87 | −1.387% | $1.3M | $10.4M | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0117% | 4h | 310.92 | −1.370% | $51K | $291K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0138% / S +0.0134% | 1h | 310.81 | −1.404% | $412K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0138% | 8h | 310.76 | −1.423% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 311.06 | −1.326% | $101K | $397K | 5x | as long as short |
| Bulk TAO-USD | +0.0264% | 1h | 312.41 | −0.898% | $166K | $333 | 10x | as long as short |
| Variational Omni TAO | +0.0294% | 4h | 311.14 | −1.301% | $5.5M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0296% | 1h | 310.80 | −1.409% | $909K | $2.4M | 25x | as long as short |
| Phemex TAOUSDT | +0.0315% | 4h | 310.95 | −1.361% | $3.2M | $8.0M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 310.89 | −1.380% | $4.5M | $10.7M | 100x | as long as short |
| Nado TAO-PERP | +0.0358% | 1h | 310.68 | −1.446% | $782K | $2.2M | 10x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.60 | −0.837% | $311K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0459% | 1h | 311.11 | −1.310% | $91.5M | $107.7M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0480% | 1h | 310.87 | −1.386% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0490% | 1h | 311.14 | −1.301% | $309K | $885K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0496% | 1h | 310.99 | −1.348% | $16K | $1.8M | 25x | as long as short |
| Lighter TAO | +0.0560% | 1h | 311.32 | −1.242% | $1.5M | $6.5M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 310.71 | −1.436% | $357 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 310.80 | −1.408% | $442K | $657K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 311.86 | −1.072% | $1.5M | $6.8M | 50x | as long as short |
| Injective TAO/USDC PERPlong | +0.4092% | 1h | 315.24 | long leg | $23K | $2K | 12x |
MEXC TAO_USDT
KuCoin TAOUSDTM
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Aster TAOUSDT
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Arcus TAO-USD
Bulk TAO-USD
Variational Omni TAO
Extended TAO-USD
Phemex TAOUSDT
BloFin TAO-USDT
Nado TAO-PERP
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX