Funding you earn now, next payment 20:00 UTC+0.2781%/8hpaid last 24h +0.120%
Price spread now: Bitget against Bulk+0.151%7-day average −0.024% · 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−$14as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 3 days (all we have)+0.152%+$15 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.151%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Bitget is 0.175% dearer against Bulk than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.024%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.152% in total (about 17.1% 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 | Bulk TAO-USD | 291.45 | −0.2681 | get 0.0335% / 1h | 7m 20s | $192K | $44K | 10x |
| Short | Bitget TAOUSDT | 291.89 | 0.0100 | get 0.0050% / 4h | 7m 20s | $33.0M | $37.0M | 50x |
Bulk TAO-USD
Bitget TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bulk. 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
- $583.94
- Price spread: +0.151% → −0.024%
- $17.47
- Slippage, 4 orders
- −$12.48
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $569.93
- Costs to cover
- 0.315%
- Break-even
- 0.2 days
Slippage from Bulk: live order book, 26 min ago; Bitget: live order book, 1 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 Bulk live order book, 26 min ago | 0.17 bp | 4.4 bp −$4 | 7.3 bp −$73 | 61.6 bp −$6,158 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.03 bp | 13.6 bp −$14 | 22.3 bp −$223 | 45.9 bp −$4,590 | 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-USDlong | −0.2681% | 1h | 291.45 | long leg | $192K | $44K | 10x | |
| Kraken Futures PF_TAOUSD | −0.0159% | 1h | 292.45 | +0.343% | $5.3M | $14.0M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 292.22 | +0.264% | $75K | $35K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0010% | 1h | 292.10 | +0.224% | $34K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 292.10 | +0.223% | $34K | $479K | 20x | as long as short |
| Aster TAOUSDT | +0.0100% | 4h | 292.23 | +0.268% | $1.7M | $5.0M | 50x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 292.07 | +0.214% | $339K | $375K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 292.12 | +0.230% | $79.7M | $337.7M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 292.22 | +0.264% | $51.5M | $88.9M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 292.00 | +0.189% | $23.2M | $71.7M | 50x | as long as short |
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus TAO-USD | +0.0100% | 1h | 292.43 | +0.336% | $128K | $580K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 292.00 | +0.189% | $11.6M | $45.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 292.09 | +0.220% | $105.5M | $106.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 292.08 | +0.216% | $19.6M | $21.3M | 75x | as long as short |
| Bitget TAOUSDTshort | +0.0100% | 4h | 291.89 | +0.151% | $33.0M | $37.0M | 50x | |
| BingX TAO-USDT | +0.0100% | 4h | 292.14 | +0.237% | — | $27.5M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 291.12 | −0.112% | $3.2M | $5.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 292.48 | +0.355% | $38K | $272K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 291.44 | −0.002% | $521K | $884K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 292.61 | +0.398% | $44K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 292.16 | +0.244% | $84K | $508K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 292.15 | +0.241% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 292.08 | +0.216% | $54K | $235K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 292.39 | +0.323% | $2K | $1.6M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 292.47 | +0.350% | $122K | $312K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 292.44 | +0.340% | $3.1M | $7.5M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 292.05 | +0.206% | $1K | $348K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 292.31 | +0.293% | $161K | $998 | 3x | as long as short |
| Paradex TAO-USD-PERP | +0.0105% | 8h | 292.20 | +0.259% | $14K | $376 | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0122% | 1h | 292.31 | +0.294% | $13K | $1.0M | 25x | as long as short |
| Nado TAO-PERP | +0.0195% | 1h | 292.15 | +0.241% | $1.0M | $1.3M | 10x | as long as short |
| Phoenix TAO | +0.0336% | 1h | 292.60 | +0.395% | $311K | $158K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 292.00 | +0.189% | $4.1M | $7.2M | 100x | as long as short |
| Extended TAO-USD | +0.0352% | 1h | 292.09 | +0.219% | $782K | $1.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0416% | 1h | 292.37 | +0.316% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0424% | 1h | 292.22 | +0.265% | $1.3M | $2.4M | 5x | as long as short |
| RISEx TAO/USDC | +0.0478% | 1h | 292.25 | +0.273% | $337K | $452K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0480% / S −0.0195% | 1h | 292.06 | +0.209% | $440K | — | 100x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 292.05 | +0.207% | $336 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0713% | 1h | 292.49 | +0.357% | $370K | $538K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0872% | 1h | 293.56 | +0.724% | $1.5M | $4.3M | 50x | as long as short |
| Hyperliquid TAO | +0.1181% | 1h | 292.48 | +0.353% | $82.5M | $55.9M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.2947% | 1h | 294.49 | +1.043% | $21K | $39K | 12x | as long as short |
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
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
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
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
Hyperliquid TAO
Injective TAO/USDC PERP