Funding you earn now, next payment 03:00 UTC+0.0792%/8h= +86.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.111%
Price spread now: Lighter against Aevo+0.256%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2282.284% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.256%, 7d avg +0.034%
=Together, before fees−0.031%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.222% dearer against Aevo than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.034%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | 320.02 | 0.0104 | pay 0.0013% / 1h | 37m 35s | $176K | $998 | 3x |
| Short | Lighter TAO | 320.83 | 0.0896 | get 0.0112% / 1h | 37m 35s | $1.6M | $6.3M | 5x |
Aevo TAO-PERP
Lighter TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $166.32
- Price spread: +0.256% → +0.034%
- $22.22
- Slippage, 4 orders
- −$212.41
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.86
- Costs to cover
- 2.284%
- Break-even
- 8.7 days
Slippage from Aevo: live order book, 26 min ago; Lighter: 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, 26 min ago | 80.37 bp | 106.9 bp −$107 | 640.0 bp −$6,400 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 2.29 bp | 4.5 bp −$5 | 22.1 bp −$221 | 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 | −0.3652% | 1h | 316.49 | −1.102% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.87 | −0.045% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.67 | −0.108% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.74 | +0.227% | $45K | $657K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.67 | +0.206% | $92.9M | $473.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.80 | +0.245% | $26.4M | $117.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.30 | +0.089% | $13.1M | $49.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.37 | +0.111% | $109.2M | $139.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.57 | +0.173% | $18.1M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.59 | +0.180% | $35.8M | $54.0M | 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 | 319.73 | −0.089% | $36K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.70 | +0.214% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.62 | −0.123% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.11 | +0.030% | $130K | $479K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.59 | −0.133% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERPlong | +0.0104% | 1h | 320.02 | long leg | $176K | $998 | 3x | |
| Orderly PERP_TAO_USDC | +0.0104% | 4h | 319.98 | −0.011% | $58K | $282K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 320.61 | +0.186% | $681 | $759K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0163% / S +0.0106% | 1h | 319.62 | −0.124% | $434K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0238% | 4h | 319.35 | −0.209% | $531K | $957K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0245% | 1h | 319.81 | −0.063% | $5.6M | $20.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0305% | 1h | 320.71 | +0.217% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0322% | 8h | 320.56 | +0.170% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0335% | 4h | 320.54 | +0.164% | $1.2M | $9.3M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 319.17 | −0.264% | $4.5M | $10.7M | 100x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 320.40 | +0.121% | $378K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 320.50 | +0.152% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 320.95 | +0.292% | $101K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0545% | 1h | 320.89 | +0.274% | $778K | $2.1M | 10x | as long as short |
| Bybit TAOUSDT | +0.0613% | 4h | 320.81 | +0.248% | $68.4M | $140.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0635% | 4h | 320.57 | +0.173% | — | $30.3M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0640% | 1h | 319.86 | −0.047% | $17K | $1.6M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0686% | 1h | 319.20 | −0.255% | $47K | $254K | 50x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 320.79 | +0.241% | $369 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 320.82 | +0.252% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0878% | 4h | 320.22 | +0.063% | $5.9M | $9.7M | — | as long as short |
| Lighter TAOshort | +0.0896% | 1h | 320.83 | +0.256% | $1.6M | $6.3M | 5x | |
| Extended TAO-USD | +0.0920% | 1h | 320.59 | +0.180% | $939K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.1008% | 1h | 319.89 | −0.039% | $440K | $860K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 320.65 | +0.198% | $1.5M | $6.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 320.76 | +0.232% | $456K | $628K | 5x | as long as short |
| Hyperliquid TAO | +0.1380% | 1h | 321.14 | +0.352% | $100.9M | $98.5M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 319.69 | −0.102% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Bybit TAOUSDT
BingX TAO-USDT
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Variational Omni TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP