Funding you earn now, next payment 00:00 UTC+0.0816%/8h= +89.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against dYdX−0.232%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.232%, 7d avg −0.004%
=Together, before fees+0.167%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.227% cheaper against dYdX than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of −0.004%). If the spread goes back, that is −$23 on $10k: about 22 hours of funding at the current rate (+$24 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 per $10,000. 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 | dYdX TAO-USD | 314.17 | 0 | get 0.0000% / 1h | 50m 11s | $126K | $88K | 5x |
| Short | Extended TAO-USD | 313.44 | 0.0816 | get 0.0102% / 1h | 50m 11s | $864K | $2.1M | 25x |
dYdX TAO-USD
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $171.36
- Price spread: −0.232% → −0.004%
- −$22.74
- Slippage, 4 orders
- −$78.78
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $54.84
- Costs to cover
- 0.938%
- Break-even
- 4.8 days
Slippage from dYdX: live order book, 29 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 dYdX live order book, 29 min ago | 36.40 bp | 41.4 bp −$41 | 55.7 bp −$557 | 168.0 bp −$16.8K | 1238.5 bp −$619.2K |
| Sell Extended live order book, 3 min ago | 2.08 bp | 4.7 bp −$5 | 6.3 bp −$63 | 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 | −0.4722% | 1h | 314.01 | −0.050% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USDlong | 0.0000% | 1h | 314.17 | long leg | $126K | $88K | 5x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.54 | −0.200% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 308.73 | −1.732% | $22K | $259 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.20 | +0.010% | $40K | $550K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 314.62 | +0.143% | $372K | $370K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.26 | −0.290% | $88.7M | $421.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.37 | −0.255% | $61.2M | $123.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.40 | −0.245% | $25.2M | $99.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | −0.309% | $12.5M | $48.7M | 50x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.51 | −0.210% | $120.7M | $126.2M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.41 | −0.242% | $19.2M | $27.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.32 | −0.271% | $35.1M | $46.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 313.56 | −0.194% | — | $30.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.17 | −0.001% | $41K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.25 | +0.027% | $520K | $950K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.22 | −0.621% | $47K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 313.45 | −0.229% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.60 | −0.181% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.01 | −0.051% | $128K | $394K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.04 | −0.360% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.58 | −0.186% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 314.42 | +0.080% | $962 | $536K | 5x | as long as short |
| Bullet TAO-USD | +0.0124% | 1h | 313.83 | −0.107% | $11K | $17K | 20x | as long as short |
| Polymarket Perps TAO-USD | +0.0129% | 1h | 314.15 | −0.006% | $77K | $524K | 5x | as long as short |
| Variational Omni TAO | +0.0173% | 4h | 313.59 | −0.186% | $3.8M | $6.9M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0185% | 8h | 314.54 | +0.117% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 314.66 | +0.156% | $81K | $624K | 5x | as long as short |
| Aster TAOUSDT | +0.0206% | 4h | 313.62 | −0.176% | $1.1M | $7.8M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0291% | 1h | 313.46 | −0.225% | $19K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.65 | −0.166% | $4.3M | $9.7M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0448% | 1h | 313.30 | −0.278% | $5.8M | $19.8M | 50x | as long as short |
| Nado TAO-PERP | +0.0459% | 1h | 314.14 | −0.010% | $841K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0476% / S −0.0175% | 1h | 313.50 | −0.213% | $450K | — | 100x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 312.70 | −0.468% | $327K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0575% | 1h | 313.50 | −0.213% | $300K | $798K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 314.07 | −0.033% | $361 | — | 20x | as long as short |
| Extended TAO-USDshort | +0.0816% | 1h | 313.44 | −0.232% | $864K | $2.1M | 25x | |
| 01 Exchange TAOUSD | +0.0848% | 1h | 315.00 | +0.264% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.34 | +0.054% | $1.5M | $5.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 314.61 | +0.141% | $433K | $536K | 5x | as long as short |
| Lighter TAO | +0.1384% | 1h | 313.61 | −0.178% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2210% | 1h | 314.19 | +0.006% | $98.4M | $82.7M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
Polymarket Perps TAO-USD
Variational Omni TAO
Paradex TAO-USD-PERP
Arcus TAO-USD
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO