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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0065%/8h= +7.2% APRpaid last 24h −0.033%
Price spread now: Polymarket Perps against Aster+0.084%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.235%−$23 on $10k
Price spread, last 3 days (all we have)+0.120%+$12 · spread now +0.084%, 7d avg −0.033%
Together, before fees−0.114%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.118% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 5 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAOUSDT316.950.0214pay 0.0107% / 4h3h 17m$1.2M$8.7M50x
ShortPolymarket Perps TAO-USD317.220.0279get 0.0035% / 1h17m 00s$93K$633K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$13.72
Price spread: +0.084% → −0.033%
$11.77
Slippage, 4 orders
−$14.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$4.83
Costs to cover
0.303%
Break-even
9.5 days
Slippage from Aster: live order book, 2 min ago; Polymarket Perps: live order book, 55 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, 2 min ago0.16 bp10.5 bp −$1023.7 bp −$237176.7 bp −$17.7Kdoesn't fit
Sell Polymarket Perps live order book, 55 min ago2.71 bp6.7 bp −$79.3 bp −$93doesn'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−0.1821%1h318.67+0.542%$169K$40K10xas long as short
dYdX TAO-USD0.0000%1h316.98+0.009%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h316.73−0.069%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h316.82−0.042%$43K$596K20xas long as short
Binance TAOUSDT+0.0100%4h316.91−0.013%$90.9M$449.4M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.80−0.048%$25.8M$108.9M50xas long as short
Gate TAO_USDT+0.0100%4h316.80−0.048%$12.8M$51.0M50xas long as short
MEXC TAO_USDT+0.0100%4h317.08+0.040%$109.8M$135.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.76−0.061%$18.0M$29.3M75xas long as short
Bitget TAOUSDT+0.0100%4h316.79−0.051%$35.2M$51.2M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h318.35+0.440%$40K$293K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h319.06+0.664%$528K$960K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h317.05+0.031%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h316.67−0.089%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h317.16+0.065%$127K$423K20xas long as short
Phemex TAOUSDT+0.0100%4h316.93−0.007%$3.4M$7.8M50xas long as short
Bullet TAO-USD+0.0100%1h316.92−0.010%$12K$17K20xas long as short
Aevo TAO-PERP+0.0104%1h316.75−0.062%$174K$9983xas long as short
Katana Perps TAO-USD+0.0110%8h316.85−0.032%$733$633K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0094%1h316.61−0.109%$455K100xas long as short
Pacifica TAO+0.0185%1h317.19+0.075%$376K$375K10xas long as short
Arcus TAO-USD+0.0201%1h317.31+0.113%$84K$550K5xas long as short
Aster TAOUSDTlong+0.0214%4h316.95long leg$1.2M$8.7M50x
Paradex TAO-USD-PERP+0.0237%8h316.97+0.006%$14K$1K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0257%1h317.00+0.014%$17K$1.5M25xas long as short
Polymarket Perps TAO-USDshort+0.0279%1h317.22+0.084%$93K$633K5x
ApeX Omni TAOUSDT+0.0292%1h318.26+0.413%$49K$267K50xas long as short
BloFin TAO-USDT+0.0340%4h317.01+0.018%$4.4M$10.8M100xas long as short
Kraken Futures PF_TAOUSD+0.0484%1h316.97+0.005%$5.7M$20.3M50xas long as short
Variational Omni TAO+0.0515%4h318.38+0.451%$5.6M$8.7Mas long as short
Phoenix TAO+0.0525%1h318.00+0.330%$333K$624K5xas long as short
01 Exchange TAOUSD+0.0568%1h316.93−0.007%$3K$4K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.77+0.258%$23K$80212xas long as short
BingX TAO-USDT+0.0596%4h317.00+0.015%$30.4Mas long as short
Bybit TAOUSDT+0.0632%4h317.03+0.024%$65.3M$133.2M50xas long as short
Reya TAORUSDPERP+0.0695%1h316.950.000%$36420xas long as short
Nado TAO-PERP+0.0776%1h317.21+0.080%$882K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0822%1h317.10+0.047%$320K$818K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h318.12+0.368%$1.5M$6.4M50xas long as short
Extended TAO-USD+0.1136%1h317.09+0.043%$912K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h317.01+0.018%$420K$593K5xas long as short
Lighter TAO+0.1416%1h317.61+0.209%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.1915%1h317.29+0.106%$101.9M$91.6M5xas long as short