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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0517%/8h= +56.6% APRpaid last 24h −0.030%
Price spread now: Extended against Aster−0.035%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.125%−$12 on $10k
Price spread, last 7 days−0.127%−$13 · spread now −0.035%, 7d avg −0.129%
Together, before fees−0.252%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Extended is 0.094% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.129%. Mind the row above: over the last 5 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.125% in total (about -8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAOUSDT305.250.0115pay 0.0058% / 4h2h 44m$1.1M$7.4M50x
ShortExtended TAO-USD305.150.0632get 0.0079% / 1h44m 32s$873K$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$108.53
Price spread: −0.035% → −0.129%
$9.41
Slippage, 4 orders
−$18.12
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$86.82
Costs to cover
0.311%
Break-even
1.4 days
Slippage from Aster: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago2.30 bp10.2 bp −$1025.1 bp −$251217.4 bp −$21.7Kdoesn't fit
Sell Extended live order book, 4 min ago3.28 bp5.8 bp −$67.6 bp −$76doesn'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−0.0973%1h304.87−0.126%$200K$57K10xas long as short
dYdX TAO-USD0.0000%1h304.63−0.204%$128K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h305.92+0.217%$19K150xas long as short
Popdex TAOUSDT+0.0096%1h305.66+0.133%$39K$524K20xas long as short
Pacifica TAO+0.0100%1h304.97−0.093%$361K$401K10xas long as short
Binance TAOUSDT+0.0100%4h306.22+0.316%$85.8M$400.7M75xas long as short
Bybit TAOUSDT+0.0100%4h306.46+0.395%$58.8M$117.2M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h306.10+0.277%$24.8M$91.8M50xas long as short
Arcus TAO-USD+0.0100%1h305.99+0.241%$137K$592K5xas long as short
Gate TAO_USDT+0.0100%4h304.70−0.181%$12.0M$47.5M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h306.19+0.307%$112.3M$121.6M300xas long as short
KuCoin TAOUSDTM+0.0100%4h306.10+0.277%$18.3M$26.3M75xas long as short
Bitget TAOUSDT+0.0100%4h305.95+0.228%$34.3M$44.3M50xas long as short
BingX TAO-USDT+0.0100%4h306.21+0.313%$30.5Mas long as short
Variational Omni TAO+0.0100%4h304.69−0.186%$3.6M$6.7Mas long as short
edgeX TAOUSDC+0.0100%4h304.70−0.182%$39K$277K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h304.56−0.226%$544K$977K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h305.15−0.034%$46K$267K50xas long as short
Bullet TAO-USD+0.0100%1h306.20+0.310%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h305.23−0.008%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h305.30+0.015%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h305.11−0.047%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h304.71−0.178%$3.2M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h305.18−0.025%$168K$9983xas long as short
Deribit TAO_USDC-PERPETUAL+0.0108%1h305.20−0.017%$13K$1.3M25xas long as short
Katana Perps TAO-USD+0.0113%8h305.63+0.123%$873$416K5xas long as short
Polymarket Perps TAO-USD+0.0114%1h306.18+0.303%$84K$668K5xas long as short
Aster TAOUSDTlong+0.0115%4h305.25long leg$1.1M$7.4M50x
Paradex TAO-USD-PERP+0.0163%8h304.98−0.091%$14K$99210xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h305.97+0.233%$436K100xas long as short
Nado TAO-PERP+0.0178%1h306.06+0.265%$748K$1.8M10xas long as short
Phoenix TAO+0.0234%1h304.80−0.149%$323K$462K5xas long as short
BloFin TAO-USDT+0.0340%4h304.81−0.145%$4.2M$9.4M100xas long as short
01 Exchange TAOUSD+0.0448%1h305.94+0.225%$3K$4K5xas long as short
Extended TAO-USDshort+0.0632%1h305.15−0.035%$873K$1.9M25x
Reya TAORUSDPERP+0.0694%1h306.16+0.298%$35220xas long as short
Lighter TAO+0.0728%1h305.13−0.040%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h305.88+0.205%$1.5M$5.4M50xas long as short
Kraken Futures PF_TAOUSD+0.1034%1h304.84−0.134%$6.2M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h305.91+0.216%$406K$532K5xas long as short
Backpack TAO_USDC_PERP+0.1130%1h305.19−0.021%$467K$683K10xas long as short
Hyperliquid TAO+0.1491%1h306.81+0.510%$92.9M$75.1M5xas long as short
Injective TAO/USDC PERP+0.4876%1h307.78+0.828%$22K$13612xas long as short