Funding you earn now, next payment 21:00 UTC+0.0856%/8h= +93.7% APRnext payment +$1.07 per $10,000 · paid last 24h +0.199%
Price spread now: Coinbase International against Aevo+0.318%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days+0.484%+$48 on $10k
+Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.318%, 7d avg +0.155%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Coinbase International is 0.163% dearer against Aevo than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.155%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.484% in total (about 25.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.07 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 | Aevo TAO-PERP | 306.36 | 0.0104 | pay 0.0013% / 1h | 29m 13s | $168K | $998 | 3x |
| Short | Coinbase International TAO-PERP-INTX | 307.34 | 0.0960 | get 0.0120% / 1h | 29m 13s | $1.5M | $5.3M | 50x |
Aevo TAO-PERP
Coinbase International TAO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $179.76
- Price spread: +0.318% → +0.155%
- $16.28
- Slippage, 4 orders
- −$110.05
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $59.99
- Costs to cover
- 1.361%
- Break-even
- 4.7 days
Slippage from Aevo: live order book, 59 min ago; Coinbase International: live order book, 5 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, 59 min ago | 38.01 bp | 54.0 bp −$54 | 312.1 bp −$3,121 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 7.79 bp | 14.7 bp −$15 | 19.3 bp −$193 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 305.82 | −0.178% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 306.27 | −0.031% | $19K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0078% | 1h | 306.38 | +0.005% | $15K | $1.3M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 306.70 | +0.109% | $42K | $523K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 306.05 | −0.103% | $362K | $401K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 305.92 | −0.145% | $85.6M | $403.0M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 305.97 | −0.129% | $59.1M | $118.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 306.10 | −0.086% | $25.0M | $92.4M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 306.86 | +0.162% | $136K | $594K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 307.07 | +0.230% | $201K | $57K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDT | +0.0100% | 4h | 305.70 | −0.217% | $12.2M | $48.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 305.92 | −0.145% | $113.0M | $123.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 305.87 | −0.162% | $18.5M | $26.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 305.77 | −0.194% | $34.3M | $44.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 305.92 | −0.145% | — | $30.5M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 307.53 | +0.381% | $3.6M | $6.5M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 307.34 | +0.318% | $40K | $278K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 307.77 | +0.458% | $539K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 307.19 | +0.269% | $46K | $267K | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 306.33 | −0.013% | $12K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 306.31 | −0.018% | $59K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 306.19 | −0.057% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 306.09 | −0.090% | $120K | $352K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 305.83 | −0.175% | $3.2M | $7.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0104% | 1h | 306.82 | +0.149% | $86K | $669K | 5x | as long as short |
| Aevo TAO-PERPlong | +0.0104% | 1h | 306.36 | long leg | $168K | $998 | 3x | |
| Katana Perps TAO-USD | +0.0112% | 8h | 306.47 | +0.034% | $3K | $434K | 5x | as long as short |
| Aster TAOUSDT | +0.0147% | 4h | 306.20 | −0.053% | $1.1M | $7.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0163% | 8h | 305.90 | −0.150% | $14K | $1K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 306.18 | −0.061% | $437K | — | 100x | as long as short |
| Phoenix TAO | +0.0234% | 1h | 308.30 | +0.632% | $327K | $462K | 5x | as long as short |
| Nado TAO-PERP | +0.0298% | 1h | 306.58 | +0.072% | $840K | $1.9M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 306.14 | −0.073% | $4.2M | $9.4M | 100x | as long as short |
| 01 Exchange TAOUSD | +0.0520% | 1h | 306.97 | +0.197% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 306.32 | −0.016% | $352 | — | 20x | as long as short |
| Extended TAO-USD | +0.0696% | 1h | 306.29 | −0.024% | $901K | $2.0M | 25x | as long as short |
| Lighter TAO | +0.0944% | 1h | 306.38 | +0.005% | $1.6M | $4.8M | 5x | as long as short |
| Coinbase International TAO-PERP-INTXshort | +0.0960% | 1h | 307.34 | +0.318% | $1.5M | $5.3M | 50x | |
| Kraken Futures PF_TAOUSD | +0.1029% | 1h | 306.40 | +0.012% | $6.3M | $19.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1053% | 1h | 306.86 | +0.160% | $410K | $535K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.1262% | 1h | 305.88 | −0.158% | $442K | $712K | 10x | as long as short |
| Hyperliquid TAO | +0.1701% | 1h | 306.56 | +0.064% | $93.7M | $75.8M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4876% | 1h | 305.96 | −0.132% | $22K | $171 | 12x | as long as short |
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
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Polymarket Perps TAO-USD
Katana Perps TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Nado TAO-PERP
BloFin TAO-USDT
01 Exchange TAOUSD
Reya TAORUSDPERP
Extended TAO-USD
Lighter TAO
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Backpack TAO_USDC_PERP
Hyperliquid TAO
Injective TAO/USDC PERP