Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.4% APRnext payment −$0.98 per $10,000 · paid last 24h −0.032%
Price spread now: Orderly against Aster−0.107%49s7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.107%, 7d avg −0.025%
=Together, before fees−0.082%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.081% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 49 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 | 318.96 | 0.0343 | pay 0.0171% / 4h | 44m 28s | $1.3M | $11.0M | 50x |
| Short | Orderly PERP_TAO_USDC | 318.62 | 0.0147 | get 0.0073% / 4h | 44m 28s | $53K | $293K | 10x |
Aster TAOUSDT
Orderly PERP_TAO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$41.11
- Price spread: −0.107% → −0.025%
- −$8.13
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$63.24
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Orderly: 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, 4 min ago | 0.94 bp | 7.7 bp −$8 | 15.2 bp −$152 | 157.8 bp −$15.8K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 318.41 | −0.172% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0060% | 1h | 318.66 | −0.094% | $127K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.06 | +0.031% | $44K | $708K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.90 | −0.019% | $26.5M | $130.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.60 | −0.113% | $14.5M | $51.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.95 | −0.003% | $17.9M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.66 | −0.094% | $35.8M | $57.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.93 | −0.009% | $89K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.56 | −0.125% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.46 | −0.157% | $116K | $604K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0107% | 8h | 318.89 | −0.022% | $724 | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0108% / S +0.0158% | 1h | 318.33 | −0.196% | $424K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 318.76 | −0.063% | $175K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDCshort | +0.0147% | 4h | 318.62 | −0.107% | $53K | $293K | 10x | |
| edgeX TAOUSDC | +0.0178% | 4h | 318.66 | −0.093% | $42K | $320K | 10x | as long as short |
| MEXC TAO_USDT | +0.0180% | 4h | 319.03 | +0.022% | $100.4M | $151.2M | 300x | as long as short |
| Binance TAOUSDT | +0.0183% | 4h | 319.07 | +0.033% | $92.6M | $529.3M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0253% | 8h | 318.83 | −0.042% | $14K | $1K | 10x | as long as short |
| BingX TAO-USDT | +0.0260% | 4h | 318.82 | −0.044% | — | $37.1M | — | as long as short |
| Bybit TAOUSDT | +0.0297% | 4h | 319.07 | +0.034% | $69.8M | $156.1M | 50x | as long as short |
| Pacifica TAO | +0.0313% | 1h | 318.95 | −0.002% | $362K | $429K | 10x | as long as short |
| Bulk TAO-USD | +0.0314% | 1h | 317.73 | −0.386% | $169K | $333 | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0332% | 4h | 318.87 | −0.027% | $544K | $926K | 10x | as long as short |
| Aster TAOUSDTlong | +0.0343% | 4h | 318.96 | long leg | $1.3M | $11.0M | 50x | |
| Extended TAO-USD | +0.0360% | 1h | 318.73 | −0.073% | $908K | $2.4M | 25x | as long as short |
| Bullet TAO-USD | +0.0366% | 1h | 318.77 | −0.060% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0374% | 1h | 319.64 | +0.213% | $46K | $260K | 50x | as long as short |
| BloFin TAO-USDT | +0.0422% | 4h | 318.63 | −0.103% | $4.7M | $11.0M | 100x | as long as short |
| Arcus TAO-USD | +0.0473% | 1h | 319.12 | +0.050% | $103K | $388K | 5x | as long as short |
| Nado TAO-PERP | +0.0492% | 1h | 318.93 | −0.009% | $792K | $2.0M | 10x | as long as short |
| Lighter TAO | +0.0504% | 1h | 319.05 | +0.027% | $1.6M | $6.9M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0526% | 1h | 318.55 | −0.128% | $15K | $2.0M | 25x | as long as short |
| Variational Omni TAO | +0.0534% | 4h | 319.26 | +0.095% | $5.6M | $10.3M | — | as long as short |
| Phemex TAOUSDT | +0.0537% | 4h | 318.57 | −0.122% | $3.2M | $8.2M | 50x | as long as short |
| Phoenix TAO | +0.0629% | 1h | 319.80 | +0.263% | $319K | $703K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 318.96 | −0.001% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0781% | 1h | 318.73 | −0.072% | $297K | $904K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0784% | 1h | 319.47 | +0.160% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0811% | 1h | 319.21 | +0.078% | $94.4M | $110.1M | 5x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 318.92 | −0.011% | $450K | $672K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0832% | 1h | 318.70 | −0.080% | $6.0M | $21.6M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 319.84 | +0.276% | $1.5M | $6.9M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 322.94 | +1.248% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
BingX TAO-USDT
Bybit TAOUSDT
Pacifica TAO
Bulk TAO-USD
GRVT TAO_USDT_Perp
Extended TAO-USD
Bullet TAO-USD
ApeX Omni TAOUSDT
BloFin TAO-USDT
Arcus TAO-USD
Nado TAO-PERP
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Variational Omni TAO
Phemex TAOUSDT
Phoenix TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP