Funding you earn now, next payment 06:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.069%
Price spread now: Extended against Binance−0.352%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days+0.337%+$34 · spread now −0.352%, 7d avg −0.035%
=Together, before fees+0.494%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.316% cheaper against Binance than usual: you would sell low and buy high (spread −0.352% now, against its 7-day average of −0.035%). If the spread goes back, that is −$32 on $10k: about 2.7 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.158% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% 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 | Binance TAOUSDT | 320.05 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $91.9M | $511.3M | 75x |
| Short | Extended TAO-USD | 318.92 | 0.0496 | get 0.0062% / 1h | 20m 17s | $906K | $2.4M | 25x |
Binance TAOUSDT
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $83.16
- Price spread: −0.352% → −0.035%
- −$31.61
- Slippage, 4 orders
- −$11.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $25.07
- Costs to cover
- 0.265%
- Break-even
- 4.9 days
Slippage from Binance: live order book, 9 min ago; Extended: live order book, 3 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 Binance live order book, 9 min ago | 0.16 bp | 8.2 bp −$8 | 16.3 bp −$163 | 37.8 bp −$3,783 | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.70 bp | 5.5 bp −$6 | 7.5 bp −$75 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0038% | 1h | 313.74 | −1.971% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.02 | −0.322% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0039% | 1h | 319.36 | −0.215% | $127K | $85K | 5x | as long as short |
| Binance TAOUSDTlong | +0.0100% | 4h | 320.05 | long leg | $91.9M | $511.3M | 75x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.10 | +0.016% | $26.7M | $125.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.20 | −0.265% | $14.2M | $51.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.15 | +0.032% | $100.2M | $147.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.01 | −0.012% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.86 | −0.371% | $35.9M | $57.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.37 | −1.461% | $42K | $315K | 10x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.34 | −0.221% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.73 | −0.412% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.27 | −0.243% | $116K | $563K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.86 | −0.059% | $3.2M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.86 | −0.370% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 319.57 | −0.150% | $2K | $936K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 319.07 | −0.306% | $53K | $290K | 10x | as long as short |
| Popdex TAOUSDT | +0.0120% | 1h | 319.61 | −0.137% | $53K | $670K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0128% / S +0.0141% | 1h | 318.89 | −0.361% | $428K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 319.65 | −0.123% | $364K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0245% | 1h | 319.38 | −0.208% | $804K | $2.2M | 10x | as long as short |
| Aster TAOUSDT | +0.0253% | 4h | 319.89 | −0.051% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0276% | 8h | 319.84 | −0.064% | $15K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 319.22 | −0.260% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0331% | 1h | 319.32 | −0.228% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.38 | −0.521% | $4.6M | $11.1M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0374% | 4h | 315.91 | −1.292% | $537K | $923K | 10x | as long as short |
| Bybit TAOUSDT | +0.0395% | 4h | 320.18 | +0.041% | $69.9M | $153.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0402% | 4h | 319.20 | −0.265% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0459% | 4h | 318.52 | −0.478% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.98 | −0.021% | $103K | $345K | 5x | as long as short |
| Extended TAO-USDshort | +0.0496% | 1h | 318.92 | −0.352% | $906K | $2.4M | 25x | |
| Phoenix TAO | +0.0513% | 1h | 316.70 | −1.046% | $315K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0564% | 1h | 319.07 | −0.306% | $15K | $1.8M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0574% | 1h | 315.18 | −1.521% | $45K | $256K | 50x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.47 | −0.181% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0792% | 1h | 320.45 | +0.125% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 319.32 | −0.228% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0822% | 1h | 319.68 | −0.115% | $93.8M | $109.1M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0843% | 1h | 318.60 | −0.453% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 320.16 | +0.035% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 319.72 | −0.103% | $462K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | −0.178% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Popdex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Nado TAO-PERP
Aster TAOUSDT
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
Bybit TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP