Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.063%
Price spread now: GRVT against Aster+0.057%50s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
Funding, last 5 days (all we have)−0.198%−$20 on $10k
+Price spread, last 3 days (all we have)+0.442%+$44 · spread now +0.057%, 7d avg −0.010%
=Together, before fees+0.245%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.066% dearer against Aster than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.010%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 5 days (−0.198% in total) that is about 42 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAOUSDT | 305.78 | 0.0137 | pay 0.0068% / 4h | 2h 36m | $1.1M | $7.5M | 50x |
| Short | GRVT TAO_USDT_Perp | 305.96 | 0.0100 | get 0.0050% / 4h | 2h 36m | $536K | $967K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$7.71
- Price spread: +0.057% → −0.010%
- $6.63
- Slippage, 4 orders
- −$24.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.84
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; GRVT: live order book, 51 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 Aster live order book, 2 min ago | 1.63 bp | 8.7 bp −$9 | 21.9 bp −$219 | 179.4 bp −$17.9K | doesn't fit |
| Sell GRVT live order book, 51 min ago | 2.08 bp | 11.9 bp −$12 | 23.5 bp −$235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 305.49 | −0.096% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 305.54 | −0.080% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 305.77 | −0.004% | $41K | $524K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 305.97 | +0.061% | $361K | $400K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 305.51 | −0.089% | $85.7M | $401.6M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 305.52 | −0.086% | $58.8M | $117.6M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 305.50 | −0.093% | $25.0M | $92.1M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 306.00 | +0.071% | $137K | $593K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 305.70 | −0.027% | $12.1M | $47.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 305.97 | +0.061% | $112.6M | $122.4M | 300x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 306.22 | +0.143% | $18.4M | $26.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 305.57 | −0.070% | $34.3M | $44.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 305.91 | +0.042% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 306.23 | +0.147% | $3.6M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 305.09 | −0.228% | $39K | $276K | 10x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0100% | 4h | 305.96 | +0.057% | $536K | $967K | 10x | |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 305.81 | +0.009% | $46K | $267K | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 305.74 | −0.015% | $12K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 306.08 | +0.097% | $59K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 305.67 | −0.037% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 306.13 | +0.114% | $120K | $352K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 306.11 | +0.107% | $3.2M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 305.73 | −0.019% | $168K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 305.76 | −0.007% | $876 | $426K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0119% | 1h | 305.85 | +0.022% | $85K | $669K | 5x | as long as short |
| Aster TAOUSDTlong | +0.0137% | 4h | 305.78 | long leg | $1.1M | $7.5M | 50x | |
| Paradex TAO-USD-PERP | +0.0166% | 8h | 305.86 | +0.026% | $14K | $992 | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 305.49 | −0.094% | $436K | — | 100x | as long as short |
| Phoenix TAO | +0.0234% | 1h | 306.20 | +0.136% | $324K | $462K | 5x | as long as short |
| Nado TAO-PERP | +0.0247% | 1h | 305.84 | +0.020% | $848K | $1.9M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 306.41 | +0.205% | $4.3M | $9.4M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0494% | 1h | 306.46 | +0.222% | $14K | $1.3M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0496% | 1h | 306.19 | +0.133% | $3K | $4K | 5x | as long as short |
| Bulk TAO-USD | +0.0668% | 1h | 304.81 | −0.318% | $200K | $57K | 10x | as long as short |
| Extended TAO-USD | +0.0672% | 1h | 305.80 | +0.004% | $872K | $1.9M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 305.77 | −0.005% | $352 | — | 20x | as long as short |
| Lighter TAO | +0.0840% | 1h | 306.04 | +0.082% | $1.6M | $4.8M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 306.84 | +0.346% | $1.5M | $5.3M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1028% | 1h | 306.51 | +0.239% | $6.3M | $19.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1053% | 1h | 305.97 | +0.060% | $408K | $535K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.1257% | 1h | 306.78 | +0.326% | $469K | $683K | 10x | as long as short |
| Hyperliquid TAO | +0.1635% | 1h | 306.48 | +0.227% | $93.1M | $75.4M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4876% | 1h | 308.62 | +0.928% | $22K | $138 | 12x | as long as short |
Aster TAOUSDT
GRVT TAO_USDT_Perp
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
ApeX Omni TAOUSDT
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Polymarket Perps TAO-USD
Paradex TAO-USD-PERP
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Bulk TAO-USD
Extended TAO-USD
Lighter TAO
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Backpack TAO_USDC_PERP
Hyperliquid TAO
Injective TAO/USDC PERP