Funding you earn now, next payment 01:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.016%
Price spread now: GMX against Aster+0.032%7-day average −0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.032%, 7d avg −0.046%
=Together, before fees+0.013%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.078% dearer against Aster than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.046%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 3 days (−0.024% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.024% in total (about -2.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAOUSDT | 316.57 | 0.0203 | pay 0.0101% / 4h | 3h 14m | $1.2M | $8.8M | 50x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 316.67 | L +0.0173% / S +0.0097% | pay 0.0012% / 1h | 14m 15s | $452K | — | 100x |
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aster. 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
- −$62.91
- Price spread: +0.032% → −0.046%
- $7.82
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$75.09
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
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 Aster live order book, 5 min ago | 0.16 bp | 10.5 bp −$10 | 23.7 bp −$237 | 176.7 bp −$17.7K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1821% | 1h | 318.67 | +0.663% | $169K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.79 | −0.247% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.63 | +0.019% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.64 | +0.022% | $42K | $597K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.22 | +0.204% | $91.0M | $450.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.30 | +0.230% | $25.8M | $109.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.60 | +0.009% | $12.8M | $51.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.38 | +0.256% | $110.4M | $136.2M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.63 | +0.019% | $18.0M | $29.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.83 | +0.082% | $35.2M | $51.2M | 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 | 317.20 | +0.200% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.85 | +0.087% | $525K | $958K | 10x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.98 | +0.129% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.90 | +0.104% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.73 | +0.050% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.18 | −0.123% | $126K | $422K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.88 | +0.098% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.69 | +0.352% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 316.49 | −0.025% | $1K | $633K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | L +0.0173% / S +0.0097% | 1h | 316.67 | +0.032% | $452K | — | 100x | |
| Pacifica TAO | +0.0185% | 1h | 316.14 | −0.135% | $375K | $375K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 316.82 | +0.079% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDTlong | +0.0203% | 4h | 316.57 | long leg | $1.2M | $8.8M | 50x | |
| Paradex TAO-USD-PERP | +0.0231% | 8h | 316.08 | −0.156% | $14K | $1K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0254% | 1h | 317.11 | +0.170% | $49K | $267K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0269% | 1h | 316.92 | +0.110% | $93K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.00 | −0.180% | $4.5M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0400% | 1h | 316.91 | +0.106% | $17K | $1.5M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0483% | 1h | 317.16 | +0.186% | $5.7M | $20.3M | 50x | as long as short |
| Variational Omni TAO | +0.0516% | 4h | 316.67 | +0.030% | $5.5M | $8.7M | — | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.00 | +0.452% | $333K | $624K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 316.88 | +0.098% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.77 | +0.379% | $23K | $802 | 12x | as long as short |
| BingX TAO-USDT | +0.0596% | 4h | 316.87 | +0.095% | — | $30.5M | — | as long as short |
| Bybit TAOUSDT | +0.0662% | 4h | 317.53 | +0.303% | $65.3M | $133.3M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 316.76 | +0.059% | $364 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0768% | 1h | 316.66 | +0.029% | $879K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0808% | 1h | 316.91 | +0.107% | $320K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 316.68 | +0.035% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1112% | 1h | 317.15 | +0.183% | $886K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.70 | +0.042% | $419K | $593K | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 317.65 | +0.341% | $1.6M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.1868% | 1h | 317.20 | +0.199% | $101.6M | $91.8M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
Variational Omni TAO
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
BingX TAO-USDT
Bybit TAOUSDT
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO