Funding you earn now, next payment 22:00 UTC−0.0518%/8h= −56.7% APRpaid last 24h +0.030%
Price spread now: Aster against Extended+0.006%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 5 days (all we have)+0.125%+$12 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now +0.006%, 7d avg +0.129%
=Together, before fees+0.281%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Aster is 0.123% cheaper against Extended than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.129%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.125%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.125% in total (about 8.7% 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 | Extended TAO-USD | 304.88 | 0.0624 | pay 0.0078% / 1h | 45m 51s | $872K | $1.9M | 25x |
| Short | Aster TAOUSDT | 304.90 | 0.0106 | get 0.0053% / 4h | 2h 45m | $1.1M | $7.4M | 50x |
Extended TAO-USD
Aster TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$108.72
- Price spread: +0.006% → +0.129%
- −$12.32
- Slippage, 4 orders
- −$18.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$152.16
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Aster: 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 Extended live order book, 3 min ago | 3.28 bp | 6.6 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 2.30 bp | 8.5 bp −$8 | 20.2 bp −$202 | 188.8 bp −$18.9K | 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 | −0.0973% | 1h | 304.87 | −0.002% | $200K | $57K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 304.46 | −0.137% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 304.68 | −0.064% | $19K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0087% | 1h | 304.90 | +0.007% | $16K | $1.3M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 304.94 | +0.021% | $39K | $521K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 304.66 | −0.070% | $361K | $401K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 304.93 | +0.018% | $85.4M | $400.2M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 304.99 | +0.037% | $58.5M | $117.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 304.90 | +0.008% | $24.8M | $91.3M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 304.98 | +0.034% | $135K | $591K | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDT | +0.0100% | 4h | 304.80 | −0.025% | $12.0M | $47.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 305.05 | +0.057% | $111.8M | $121.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 305.02 | +0.047% | $18.2M | $26.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 304.75 | −0.042% | $34.1M | $44.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 304.95 | +0.024% | — | $30.5M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 303.48 | −0.459% | $3.6M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 304.89 | +0.003% | $39K | $277K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 305.08 | +0.068% | $545K | $977K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 303.27 | −0.527% | $46K | $267K | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 304.80 | −0.025% | $12K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 304.87 | −0.002% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 304.74 | −0.045% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 304.81 | −0.022% | $120K | $352K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 304.77 | −0.035% | $3.2M | $8.0M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0101% | 1h | 305.14 | +0.086% | $83K | $665K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 304.95 | +0.024% | $167K | $998 | 3x | as long as short |
| Aster TAOUSDTshort | +0.0106% | 4h | 304.90 | +0.006% | $1.1M | $7.4M | 50x | |
| Katana Perps TAO-USD | +0.0113% | 8h | 304.96 | +0.027% | $1K | $416K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0164% | 8h | 304.58 | −0.096% | $14K | $992 | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 304.63 | −0.081% | $435K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0185% | 1h | 304.99 | +0.038% | $745K | $1.8M | 10x | as long as short |
| Phoenix TAO | +0.0234% | 1h | 305.20 | +0.106% | $323K | $462K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 304.62 | −0.084% | $4.2M | $9.4M | 100x | as long as short |
| 01 Exchange TAOUSD | +0.0432% | 1h | 305.17 | +0.096% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0616% | 1h | 305.19 | +0.101% | $1.6M | $4.8M | 5x | as long as short |
| Extended TAO-USDlong | +0.0624% | 1h | 304.88 | long leg | $872K | $1.9M | 25x | |
| Reya TAORUSDPERP | +0.0694% | 1h | 304.97 | +0.030% | $351 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 305.68 | +0.264% | $1.5M | $5.4M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1033% | 1h | 305.09 | +0.071% | $6.2M | $19.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1053% | 1h | 305.03 | +0.051% | $404K | $532K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.1102% | 1h | 305.30 | +0.139% | $467K | $683K | 10x | as long as short |
| Hyperliquid TAO | +0.1417% | 1h | 305.26 | +0.126% | $91.7M | $74.6M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4876% | 1h | 307.78 | +0.952% | $22K | $136 | 12x | as long as short |
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Polymarket Perps TAO-USD
Aevo TAO-PERP
Katana Perps TAO-USD
Paradex TAO-USD-PERP
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
Phoenix TAO
BloFin TAO-USDT
01 Exchange TAOUSD
Lighter TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Backpack TAO_USDC_PERP
Hyperliquid TAO
Injective TAO/USDC PERP