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

TAO

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.038%
Price spread now: Extended against BingX+0.088%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Long on BingXShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.088%, 7d avg −0.029%
Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.117% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TAO-USDT316.870.0596pay 0.0298% / 4h3h 14m—$30.5M—
ShortExtended TAO-USD317.150.1112get 0.0139% / 1h14m 20s$886K$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$108.36
Price spread: +0.088% → −0.029%
$11.7
Slippage, 4 orders
−$12.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$92.17
Costs to cover
0.279%
Break-even
1.0 days
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 4 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 BingX live order book, 9 min ago1.25 bp7.2 bp −$712.2 bp −$12224.7 bp −$2,46756.8 bp −$28.4K
Sell Extended live order book, 4 min ago1.41 bp6.7 bp −$78.7 bp −$87doesn'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+0.568%$169K$40K10xas long as short
dYdX TAO-USD0.0000%1h315.79−0.341%$126K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h316.63−0.076%$21K—150xas long as short
Popdex TAOUSDT+0.0096%1h316.64−0.073%$42K$597K20xas long as short
Binance TAOUSDT+0.0100%4h317.22+0.109%$91.0M$450.0M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.30+0.136%$25.8M$109.2M50xas long as short
Gate TAO_USDT+0.0100%4h316.60−0.085%$12.8M$51.1M50xas long as short
MEXC TAO_USDT+0.0100%4h317.38+0.161%$110.4M$136.2M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.63−0.076%$18.0M$29.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.83−0.013%$35.2M$51.2M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.20+0.105%$40K$294K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h316.85−0.008%$525K$958K10xas long as short
Bullet TAO-USD+0.0100%1h316.98+0.035%$12K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h316.90+0.009%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h316.73−0.044%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h316.18−0.218%$126K$422K20xas long as short
Phemex TAOUSDT+0.0100%4h316.88+0.003%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h317.69+0.257%$174K$9983xas long as short
Katana Perps TAO-USD+0.0109%8h316.49−0.120%$1K$633K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0097%1h316.67−0.063%$452K—100xas long as short
Pacifica TAO+0.0185%1h316.14−0.230%$375K$375K10xas long as short
Arcus TAO-USD+0.0201%1h316.82−0.016%$84K$550K5xas long as short
Aster TAOUSDT+0.0203%4h316.57−0.094%$1.2M$8.8M50xas long as short
Paradex TAO-USD-PERP+0.0231%8h316.08−0.250%$14K$1K10xas long as short
ApeX Omni TAOUSDT+0.0254%1h317.11+0.076%$49K$267K50xas long as short
Polymarket Perps TAO-USD+0.0269%1h316.92+0.016%$93K$633K5xas long as short
BloFin TAO-USDT+0.0340%4h316.00−0.275%$4.5M$10.7M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0400%1h316.91+0.012%$17K$1.5M25xas long as short
Kraken Futures PF_TAOUSD+0.0483%1h317.16+0.091%$5.7M$20.3M50xas long as short
Variational Omni TAO+0.0516%4h316.67−0.064%$5.5M$8.7M—as long as short
Phoenix TAO+0.0525%1h318.00+0.357%$333K$624K5xas long as short
01 Exchange TAOUSD+0.0560%1h316.88+0.003%$3K$4K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.77+0.284%$23K$80212xas long as short
BingX TAO-USDTlong+0.0596%4h316.87long leg—$30.5M—
Bybit TAOUSDT+0.0662%4h317.53+0.208%$65.3M$133.3M50xas long as short
Reya TAORUSDPERP+0.0695%1h316.76−0.035%$364—20xas long as short
Nado TAO-PERP+0.0768%1h316.66−0.065%$879K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0808%1h316.91+0.013%$320K$816K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h316.68−0.060%$1.5M$6.4M50xas long as short
Extended TAO-USDshort+0.1112%1h317.15+0.088%$886K$2.3M25x
RISEx TAO/USDC+0.1141%1h316.70−0.052%$419K$593K5xas long as short
Lighter TAO+0.1432%1h317.65+0.246%$1.6M$6.0M5xas long as short
Hyperliquid TAO+0.1868%1h317.20+0.104%$101.6M$91.8M5xas long as short