Funding you earn now, next payment 03:00 UTC−0.0908%/8h= −99.4% APRpaid last 24h −0.242%
Price spread now: SunX against Coinbase International−0.085%7-day average −0.188% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.534%−$53 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.085%, 7d avg −0.188%
=The price spread pays, funding is against you. SunX is 0.102% dearer against Coinbase International than usual: you sell high and buy low (spread −0.085% now, against its 7-day average of −0.188%): +$10 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.534% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.534% in total (about -27.9% 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 | Coinbase International TAO-PERP-INTX | 316.38 | 0.1008 | pay 0.0126% / 1h | 44m 26s | $1.5M | $6.6M | 50x |
| Short | SunX TAO-USDT | 316.11 | 0.0100 | get 0.0050% / 4h | 44m 26s | $1K | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$190.68
- Price spread: −0.085% → −0.188%
- $10.23
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$198.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; SunX: live order book, 2 min ago. 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 Coinbase International live order book, 5 min ago | 9.04 bp | 14.0 bp −$14 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 500.22 bp | doesn't fit | doesn't fit | 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 | −0.0482% | 1h | 315.13 | −0.395% | $167K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.83 | −0.174% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.94 | −0.138% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 315.97 | −0.131% | $5.6M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.25 | −0.041% | $42K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.26 | −0.038% | $91.2M | $489.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.00 | −0.120% | $26.0M | $119.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.80 | −0.183% | $12.9M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.22 | −0.051% | $105.7M | $142.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.09 | −0.092% | $17.6M | $31.6M | 75x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 315.79 | −0.186% | $35.3M | $55.8M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.77 | −0.193% | $35K | $304K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.84 | −0.171% | $46K | $252K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.02 | −0.114% | $89K | $790K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.27 | −0.035% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDTshort | +0.0100% | 4h | 316.11 | −0.085% | $1K | $1.9M | 20x | |
| HTX TAO-USDT | +0.0100% | 4h | 315.84 | −0.171% | $109K | $527K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.90 | −0.152% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 315.84 | −0.171% | $647 | $785K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.98 | −0.125% | $174K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0106% | 4h | 314.83 | −0.489% | $524K | $944K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0125% | 4h | 316.03 | −0.111% | $57K | $275K | 10x | as long as short |
| Bybit TAOUSDT | +0.0145% | 4h | 316.23 | −0.047% | $68.8M | $146.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0152% / S +0.0116% | 1h | 315.99 | −0.124% | $429K | — | 100x | as long as short |
| BingX TAO-USDT | +0.0184% | 4h | 316.10 | −0.089% | — | $30.1M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0192% | 8h | 315.91 | −0.148% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0194% | 1h | 316.09 | −0.091% | $808K | $2.2M | 10x | as long as short |
| Aster TAOUSDT | +0.0221% | 4h | 316.19 | −0.060% | $1.2M | $10.1M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0224% | 1h | 316.44 | +0.019% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0269% | 1h | 316.36 | −0.006% | $94.2M | $105.1M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0309% | 1h | 316.07 | −0.098% | $317K | $910K | 10x | as long as short |
| Extended TAO-USD | +0.0328% | 1h | 316.26 | −0.037% | $922K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.23 | −0.047% | $4.5M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 316.53 | +0.047% | $100K | $488K | 5x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 316.04 | −0.107% | $362K | $409K | 10x | as long as short |
| Lighter TAO | +0.0416% | 1h | 316.23 | −0.047% | $1.5M | $6.5M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0490% | 1h | 316.14 | −0.075% | $11K | $1.6M | 25x | as long as short |
| Phoenix TAO | +0.0581% | 1h | 316.10 | −0.089% | $315K | $697K | 5x | as long as short |
| Variational Omni TAO | +0.0641% | 4h | 315.94 | −0.140% | $5.8M | $9.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.15 | −0.073% | $364 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 316.30 | −0.025% | $437K | $658K | 5x | as long as short |
| Coinbase International TAO-PERP-INTXlong | +0.1008% | 1h | 316.38 | long leg | $1.5M | $6.6M | 50x | |
| Injective TAO/USDC PERP | +0.4222% | 1h | 319.61 | +1.021% | $23K | $2K | 12x | as long as short |
Coinbase International TAO-PERP-INTX
SunX TAO-USDT
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
GRVT TAO_USDT_Perp
Bybit TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BingX TAO-USDT
Paradex TAO-USD-PERP
Aster TAOUSDT
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
BloFin TAO-USDT
Pacifica TAO
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Variational Omni TAO
RISEx TAO/USDC
Injective TAO/USDC PERP