Funding you earn now, next payment 12:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against HTX+0.076%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.076%, 7d avg +0.101%
=Funding pays, the price is against you. BingX is 0.024% cheaper against HTX than usual: you would sell low and buy high (spread +0.076% now, against its 7-day average of +0.101%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.088% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. 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 | 314.26 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $115K | $588K | 20x |
| Short | BingX TAO-USDT | 314.50 | 0.0308 | get 0.0154% / 4h | 3h 32m | — | $37.2M | — |
HTX TAO-USDT
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $43.68
- Price spread: +0.076% → +0.101%
- −$2.43
- Slippage, 4 orders
- −$121.9
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.65
- Costs to cover
- 1.439%
- Break-even
- 23.4 days
Slippage from HTX: live order book, 66 min ago; BingX: live order book, 6 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, 66 min ago | 8.86 bp | 93.4 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.63 bp | 6.5 bp −$6 | 9.1 bp −$91 | 20.4 bp −$2,037 | 47.0 bp −$23.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 314.65 | +0.123% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.36 | +0.032% | $50K | $700K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 314.43 | +0.054% | $1K | $1.2M | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.90 | −0.115% | $26.3M | $128.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.50 | +0.076% | $14.9M | $49.4M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.86 | +0.191% | $17.8M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.27 | +0.003% | $35.4M | $57.4M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.25 | −0.003% | $86K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.24 | −0.006% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDTlong | +0.0100% | 4h | 314.26 | long leg | $115K | $588K | 20x |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 314.61 | +0.111% | $3.1M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 314.50 | +0.075% | $173K | $998 | 3x | as long as short |
| ApeX Omni TAOUSDT | +0.0124% | 1h | 315.68 | +0.452% | $45K | $257K | 50x | as long as short |
| Bulk TAO-USD | +0.0125% | 1h | 316.13 | +0.595% | $168K | $0 | 10x | as long as short |
| Binance TAOUSDT | +0.0140% | 4h | 314.41 | +0.047% | $91.6M | $525.3M | 75x | as long as short |
| MEXC TAO_USDT | +0.0142% | 4h | 314.36 | +0.032% | $104.9M | $152.0M | 300x | as long as short |
| GRVT TAO_USDT_Perp | +0.0144% | 4h | 315.40 | +0.363% | $540K | $876K | 10x | as long as short |
| edgeX TAOUSDC | +0.0147% | 4h | 315.34 | +0.345% | $42K | $321K | 10x | as long as short |
| dYdX TAO-USD | +0.0189% | 1h | 314.48 | +0.070% | $126K | $86K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0212% | 4h | 314.44 | +0.057% | $53K | $298K | 10x | as long as short |
| Bullet TAO-USD | +0.0224% | 1h | 314.55 | +0.093% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0238% | 8h | 314.70 | +0.139% | $14K | $876 | 10x | as long as short |
| Bybit TAOUSDT | +0.0277% | 4h | 314.39 | +0.041% | $68.9M | $154.9M | 50x | as long as short |
| Aster TAOUSDT | +0.0306% | 4h | 314.40 | +0.046% | $1.2M | $11.1M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0308% | 4h | 314.50 | +0.076% | — | $37.2M | — | |
| Extended TAO-USD | +0.0344% | 1h | 314.41 | +0.046% | $893K | $2.3M | 25x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 314.63 | +0.118% | $369K | $440K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0360% / S −0.0107% | 1h | 314.22 | −0.013% | $369K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0383% | 4h | 314.59 | +0.105% | $4.8M | $10.7M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 314.77 | +0.162% | $99K | $362K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0422% | 1h | 314.49 | +0.075% | $15K | $1.9M | 25x | as long as short |
| Nado TAO-PERP | +0.0491% | 1h | 313.94 | −0.103% | $760K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.0516% | 1h | 314.86 | +0.191% | $92.7M | $108.6M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 315.80 | +0.490% | $318K | $714K | 5x | as long as short |
| Lighter TAO | +0.0592% | 1h | 314.84 | +0.185% | $1.6M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0600% | 1h | 314.59 | +0.105% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0614% | 4h | 315.43 | +0.373% | $5.6M | $10.1M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0674% | 1h | 315.06 | +0.255% | $310K | $1.0M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 315.34 | +0.343% | $363 | — | 20x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0790% | 1h | 314.90 | +0.202% | $5.9M | $21.1M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 314.48 | +0.071% | $435K | $681K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 314.94 | +0.216% | $1.1M | $7.2M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 318.23 | +1.263% | $23K | $2K | 12x | as long as short |
Phemex TAOUSDT
Aevo TAO-PERP
ApeX Omni TAOUSDT
Bulk TAO-USD
Binance TAOUSDT
MEXC TAO_USDT
GRVT TAO_USDT_Perp
edgeX TAOUSDC
dYdX TAO-USD
Orderly PERP_TAO_USDC
Bullet TAO-USD
Paradex TAO-USD-PERP
Bybit TAOUSDT
Aster TAOUSDT
Extended TAO-USD
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Hyperliquid TAO
Phoenix TAO
Lighter TAO
01 Exchange TAOUSD
Variational Omni TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP