Funding you earn now, next payment 06:00 UTC+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.068%
Price spread now: Extended against Aevo−0.332%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2222.216% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.332%, 7d avg −0.079%
=Together, before fees+0.313%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.253% cheaper against Aevo than usual: you would sell low and buy high (spread −0.332% now, against its 7-day average of −0.079%). If the spread goes back, that is −$25 on $10k: about 2.1 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.100% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 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 | 319.35 | 0.0104 | pay 0.0013% / 1h | 17m 57s | $175K | $998 | 3x |
| Short | Extended TAO-USD | 318.30 | 0.0504 | get 0.0063% / 1h | 17m 57s | $906K | $2.4M | 25x |
Aevo TAO-PERP
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $84
- Price spread: −0.332% → −0.079%
- −$25.27
- Slippage, 4 orders
- −$200.55
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$162.82
- Costs to cover
- 2.216%
- Break-even
- 20.6 days
Slippage from Aevo: live order book, 31 min ago; Extended: 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 Aevo live order book, 31 min ago | 72.17 bp | 114.2 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.61 bp | 6.1 bp −$6 | 9.6 bp −$96 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0038% | 1h | 313.74 | −1.758% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.80 | −0.173% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0037% | 1h | 318.82 | −0.168% | $127K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.30 | −0.331% | $91.4M | $512.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.00 | −0.424% | $26.7M | $125.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.10 | −0.393% | $14.2M | $51.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.21 | −0.359% | $100.6M | $147.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.62 | −0.230% | $17.5M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.17 | −0.371% | $35.9M | $57.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.55 | −0.251% | $42K | $316K | 10x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.99 | −0.114% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.75 | −0.189% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.64 | −0.224% | $116K | $564K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.83 | −0.164% | $3.2M | $8.0M | 50x | as long as short |
| Aevo TAO-PERPlong | +0.0104% | 1h | 319.35 | long leg | $175K | $998 | 3x | |
| Katana Perps TAO-USD | +0.0111% | 8h | 318.67 | −0.214% | $2K | $940K | 5x | as long as short |
| Popdex TAOUSDT | +0.0112% | 1h | 318.68 | −0.211% | $53K | $670K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 319.05 | −0.095% | $53K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0141% | 1h | 318.76 | −0.185% | $426K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 319.05 | −0.096% | $364K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0264% | 4h | 318.47 | −0.277% | $1.3M | $10.7M | 50x | as long as short |
| Nado TAO-PERP | +0.0267% | 1h | 319.07 | −0.089% | $802K | $2.2M | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0277% | 8h | 319.07 | −0.089% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0298% | 1h | 319.33 | −0.006% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0332% | 1h | 319.09 | −0.083% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.93 | −0.133% | $4.6M | $11.0M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0374% | 4h | 315.91 | −1.077% | $537K | $923K | 10x | as long as short |
| Bybit TAOUSDT | +0.0398% | 4h | 318.26 | −0.343% | $69.5M | $153.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0402% | 4h | 318.24 | −0.349% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0459% | 4h | 318.52 | −0.262% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.11 | −0.077% | $103K | $345K | 5x | as long as short |
| Extended TAO-USDshort | +0.0504% | 1h | 318.30 | −0.332% | $906K | $2.4M | 25x | |
| Phoenix TAO | +0.0513% | 1h | 316.70 | −0.831% | $315K | $713K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0574% | 1h | 315.18 | −1.307% | $45K | $256K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0596% | 1h | 319.11 | −0.077% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.15 | −0.064% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 319.19 | −0.052% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 319.35 | −0.003% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0816% | 1h | 319.11 | −0.077% | $93.8M | $109.2M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0845% | 1h | 319.02 | −0.105% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 319.49 | +0.042% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 318.56 | −0.247% | $460K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +0.039% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Popdex TAOUSDT
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Aster TAOUSDT
Nado TAO-PERP
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
Bybit TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Arcus TAO-USD
Phoenix TAO
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP