Funding you earn now, next payment 01:00 UTC+0.0273%/8h= +29.8% APRpaid last 24h +0.094%
Price spread now: Kraken Futures against Aster+0.279%7-day average +0.013% · 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−$19as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 5 days (all we have)+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)−0.194%−$19 · spread now +0.279%, 7d avg +0.013%
=Together, before fees−0.077%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.266% dearer against Aster than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.117% in total (about 8.0% 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 | 319.04 | 0.0207 | pay 0.0103% / 4h | 3h 58m | $1.1M | $8.1M | 50x |
| Short | Kraken Futures PF_TAOUSD | 319.93 | 0.0479 | get 0.0060% / 1h | 58m 43s | $5.8M | $20.2M | 50x |
Aster TAOUSDT
Kraken Futures PF_TAOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $57.23
- Price spread: +0.279% → +0.013%
- $26.6
- Slippage, 4 orders
- −$27.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $38.45
- Costs to cover
- 0.454%
- Break-even
- 2.3 days
Slippage from Aster: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago | 2.69 bp | 9.3 bp −$9 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 6.00 bp | 13.0 bp −$13 | 32.7 bp −$327 | 137.9 bp −$13.8K | 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 | −0.1799% | 1h | 311.96 | −2.220% | $167K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.46 | −0.184% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.57 | −0.147% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.90 | −0.045% | $39K | $572K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 319.03 | −0.004% | $1K | $585K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.75 | −0.091% | $91.1M | $435.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.40 | +0.112% | $25.8M | $106.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.90 | −0.045% | $12.9M | $49.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.97 | −0.023% | $103.8M | $130.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.78 | −0.083% | $19.1M | $28.2M | 75x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 318.83 | −0.067% | $35.7M | $48.3M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 319.09 | +0.014% | — | $30.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.96 | −0.965% | $42K | $283K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 317.42 | −0.507% | $531K | $942K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.82 | −1.010% | $47K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.20 | −0.264% | $117K | $613K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 319.83 | +0.246% | $61K | $281K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.90 | +0.268% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.14 | +0.344% | $128K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.01 | −0.011% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 320.18 | +0.357% | $176K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0071% | 1h | 318.58 | −0.144% | $453K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 318.97 | −0.022% | $377K | $371K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 319.42 | +0.118% | $84K | $545K | 5x | as long as short |
| Aster TAOUSDTlong | +0.0207% | 4h | 319.04 | long leg | $1.1M | $8.1M | 50x | |
| Paradex TAO-USD-PERP | +0.0212% | 8h | 318.95 | −0.031% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0233% | 4h | 316.35 | −0.844% | $5.4M | $8.5M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 319.28 | +0.074% | $4.4M | $10.8M | 100x | as long as short |
| Bybit TAOUSDT | +0.0420% | 4h | 319.55 | +0.159% | $65.5M | $129.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0432% | 1h | 319.02 | −0.007% | $12K | $17K | 20x | as long as short |
| Kraken Futures PF_TAOUSDshort | +0.0479% | 1h | 319.93 | +0.279% | $5.8M | $20.2M | 50x | |
| Deribit TAO_USDC-PERPETUAL | +0.0521% | 1h | 319.84 | +0.250% | $29K | $1.5M | 25x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 316.20 | −0.891% | $331K | $519K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.85 | −0.374% | $23K | $370 | 12x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.18 | −0.270% | $366 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0912% | 1h | 319.49 | +0.140% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0928% | 1h | 318.71 | −0.105% | $919K | $2.2M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 320.30 | +0.394% | $1.5M | $6.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 319.20 | +0.050% | $420K | $585K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.1383% | 1h | 319.34 | +0.093% | $318K | $816K | 10x | as long as short |
| Lighter TAO | +0.2128% | 1h | 319.02 | −0.006% | $1.7M | $5.8M | 5x | as long as short |
| Nado TAO-PERP | +0.2190% | 1h | 318.06 | −0.308% | $880K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.3120% | 1h | 320.08 | +0.325% | $104.2M | $87.7M | 5x | as long as short |
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
BloFin TAO-USDT
Bybit TAOUSDT
Bullet TAO-USD
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Injective TAO/USDC PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Backpack TAO_USDC_PERP
Lighter TAO
Nado TAO-PERP
Hyperliquid TAO