Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0203%/8h= +22.3% APRpaid last 24h −0.029%
Price spread now: Arcus against Aster−0.059%46s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.059%, 7d avg +0.036%
Together, before fees+0.249%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.095% cheaper against Aster than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.036%). If the spread goes back, that is −$9 on $10k: about 37 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 4 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAOUSDT319.060.0306pay 0.0153% / 4h1h 42m$1.2M$9.3M50x
ShortArcus TAO-USD318.870.0509get 0.0064% / 1h42m 50s$100K$489K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$42.69
Price spread: −0.059% → +0.036%
−$9.49
Slippage, 4 orders
−$31.79
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$11.1
Costs to cover
0.443%
Break-even
8.8 days
Slippage from Aster: live order book, 6 min ago; Arcus: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago0.95 bp8.3 bp −$820.9 bp −$209132.7 bp −$13.3Kdoesn't fit
Sell Arcus live order book, 21 min ago7.52 bp11.8 bp −$1225.3 bp −$253doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.3652%1h316.49−0.805%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h318.24−0.256%$127K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h318.57−0.151%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h318.55−0.159%$45K$653K20xas long as short
Binance TAOUSDT+0.0100%4h319.00−0.018%$92.2M$470.7M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.70−0.112%$26.3M$116.3M50xas long as short
Gate TAO_USDT+0.0100%4h318.70−0.112%$13.0M$49.3M50xas long as short
MEXC TAO_USDT+0.0100%4h319.18+0.038%$105.8M$138.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h318.87−0.059%$18.2M$30.8M75xas long as short
Bitget TAOUSDT+0.0100%4h318.60−0.143%$35.5M$53.8M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.72−0.418%$36K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h318.37−0.216%$76K$759K5xas long as short
Orderly PERP_TAO_USDC+0.0100%4h318.85−0.065%$58K$282K10xas long as short
SunX TAO-USDT+0.0100%4h318.49−0.178%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h318.68−0.118%$130K$477K20xas long as short
Phemex TAOUSDT+0.0100%4h318.67−0.122%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h319.03−0.009%$175K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h318.45−0.191%$1K$748K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0163% / S +0.0105%1h318.54−0.163%$432K100xas long as short
GRVT TAO_USDT_Perp+0.0206%4h316.82−0.700%$523K$955K10xas long as short
Kraken Futures PF_TAOUSD+0.0246%1h318.77−0.091%$5.6M$20.5M50xas long as short
Bullet TAO-USD+0.0277%1h318.68−0.118%$12K$18K20xas long as short
Aster TAOUSDTlong+0.0306%4h319.06long leg$1.2M$9.3M50x
Paradex TAO-USD-PERP+0.0333%8h318.64−0.132%$14K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h318.53−0.165%$4.5M$10.4M100xas long as short
Pacifica TAO+0.0448%1h318.68−0.119%$376K$396K10xas long as short
Phoenix TAO+0.0504%1h318.30−0.238%$333K$707K5xas long as short
Arcus TAO-USDshort+0.0509%1h318.87−0.059%$100K$489K5x
Nado TAO-PERP+0.0544%1h318.42−0.199%$767K$2.1M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0564%1h318.83−0.071%$17K$1.6M25xas long as short
Bybit TAOUSDT+0.0676%4h318.95−0.034%$67.9M$139.7M50xas long as short
BingX TAO-USDT+0.0684%4h318.96−0.031%$30.3Mas long as short
Reya TAORUSDPERP+0.0696%1h318.55−0.160%$36620xas long as short
01 Exchange TAOUSD+0.0744%1h318.97−0.028%$3K$4K5xas long as short
Variational Omni TAO+0.0885%4h316.62−0.764%$5.9M$9.7Mas long as short
Extended TAO-USD+0.0912%1h319.10+0.013%$900K$2.3M25xas long as short
Backpack TAO_USDC_PERP+0.0947%1h319.12+0.019%$439K$860K10xas long as short
Lighter TAO+0.0976%1h319.11+0.017%$1.6M$6.3M5xas long as short
ApeX Omni TAOUSDT+0.0992%1h317.14−0.601%$47K$254K50xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h319.10+0.013%$1.5M$6.5M50xas long as short
RISEx TAO/USDC+0.1159%1h318.57−0.151%$451K$626K5xas long as short
Hyperliquid TAO+0.1396%1h319.20+0.045%$100.2M$98.8M5xas long as short
Injective TAO/USDC PERP+0.4172%1h319.69+0.198%$23K$2K12xas long as short