Funding you earn now, next payment 01:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h −0.001%
Price spread now: BingX against Aevo−0.227%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 3 days (all we have)+0.255%+$25 · spread now −0.227%, 7d avg −0.048%
=Funding pays, the price is against you. BingX is 0.179% cheaper against Aevo than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of −0.048%). If the spread goes back, that is −$18 on $10k: about 2.0 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.015% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% 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 | Aevo TAO-PERP | 317.97 | 0.0104 | pay 0.0013% / 1h | 27m 25s | $175K | $998 | 3x |
| Short | BingX TAO-USDT | 317.25 | 0.0398 | get 0.0199% / 4h | 3h 27m | — | $30.7M | — |
Aevo TAO-PERP
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aevo. 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
- $61.74
- Price spread: −0.227% → −0.048%
- −$17.9
- Slippage, 4 orders
- −$90.89
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$73.05
- Costs to cover
- 1.169%
- Break-even
- 15.3 days
Slippage from Aevo: live order book, 46 min ago; BingX: live order book, 11 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 Aevo live order book, 46 min ago | 34.18 bp | 48.7 bp −$49 | 299.5 bp −$2,995 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.42 bp | 9.3 bp −$9 | 14.9 bp −$149 | 26.8 bp −$2,681 | 55.1 bp −$27.5K |
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 | −0.1321% | 1h | 318.22 | +0.079% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.04 | −0.293% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.64 | −0.419% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.22 | −0.236% | $43K | $590K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.13 | −0.263% | $91.2M | $447.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.30 | −0.211% | $26.0M | $108.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.10 | −0.274% | $12.9M | $50.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.96 | −0.318% | $108.3M | $134.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.18 | −0.249% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.81 | −0.365% | $35.3M | $50.6M | 50x | as long as short |
Bulk TAO-USD
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 | −0.215% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 318.49 | +0.164% | $527K | $969K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 317.68 | −0.091% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.48 | −0.154% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.88 | −0.028% | $127K | $424K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.43 | −0.170% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERPlong | +0.0104% | 1h | 317.97 | long leg | $175K | $998 | 3x | |
| Katana Perps TAO-USD | +0.0111% | 8h | 317.29 | −0.214% | $734 | $625K | 5x | as long as short |
| Bullet TAO-USD | +0.0124% | 1h | 317.02 | −0.299% | $12K | $17K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 316.65 | −0.414% | $456K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 317.41 | −0.177% | $376K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.45 | −0.164% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0220% | 4h | 317.10 | −0.275% | $1.1M | $8.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0235% | 8h | 317.18 | −0.249% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0237% | 1h | 317.61 | −0.115% | $17K | $1.5M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0296% | 1h | 317.11 | −0.271% | $48K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0297% | 1h | 317.40 | −0.179% | $93K | $635K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.25 | −0.227% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDTshort | +0.0398% | 4h | 317.25 | −0.227% | — | $30.7M | — | |
| Variational Omni TAO | +0.0436% | 4h | 318.35 | +0.118% | $5.5M | $8.7M | — | as long as short |
| Bybit TAOUSDT | +0.0453% | 4h | 317.58 | −0.123% | $65.5M | $133.0M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0483% | 1h | 317.67 | −0.094% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.50 | +0.167% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.572% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 317.49 | −0.151% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 317.19 | −0.247% | $365 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0788% | 1h | 317.38 | −0.186% | $882K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0858% | 1h | 317.73 | −0.076% | $321K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.83 | +0.270% | $1.5M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 317.28 | −0.218% | $422K | $591K | 5x | as long as short |
| Extended TAO-USD | +0.1144% | 1h | 317.38 | −0.186% | $927K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1392% | 1h | 317.95 | −0.008% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2089% | 1h | 317.65 | −0.101% | $102.3M | $91.1M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
BloFin 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