Funding you earn now, next payment 09:00 UTC−0.0277%/8h= −30.3% APRnext payment −$0.35 per $10,000 · paid last 24h −0.080%
Price spread now: dYdX against Extended−0.152%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.152%, 7d avg −0.002%
=Together, before fees+0.136%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and dYdX is 0.150% cheaper against Extended than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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 | Extended TAO-USD | 316.50 | 0.0384 | pay 0.0048% / 1h | 51m 29s | $899K | $2.4M | 25x |
| Short | dYdX TAO-USD | 316.02 | 0.0107 | get 0.0013% / 1h | 51m 29s | $127K | $86K | 5x |
Extended TAO-USD
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$58.14
- Price spread: −0.152% → −0.002%
- −$15.02
- Slippage, 4 orders
- −$63.26
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$151.42
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 47 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, 2 min ago | 3.63 bp | 6.1 bp −$6 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 47 min ago | 27.37 bp | 33.3 bp −$33 | 54.5 bp −$545 | 143.9 bp −$14.4K | 571.4 bp −$285.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 315.63 | −0.273% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.87 | +0.118% | $49K | $717K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 316.47 | −0.009% | $647 | $1.2M | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.40 | −0.031% | $26.3M | $130.8M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 317.09 | +0.187% | $168K | $0 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.10 | −0.126% | $14.8M | $49.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.31 | −0.059% | $17.8M | $32.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.16 | −0.107% | $35.6M | $57.7M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.30 | −0.062% | $87K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.89 | −0.192% | $1K | $1.9M | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 316.14 | −0.113% | $116K | $589K | 20x | as long as short |
| dYdX TAO-USDshort | +0.0107% | 1h | 316.02 | −0.152% | $127K | $86K | 5x | |
| Aevo TAO-PERP | +0.0120% | 1h | 316.30 | −0.064% | $174K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0140% | 4h | 316.42 | −0.026% | $542K | $887K | 10x | as long as short |
| MEXC TAO_USDT | +0.0164% | 4h | 316.29 | −0.066% | $103.9M | $151.3M | 300x | as long as short |
| Binance TAOUSDT | +0.0164% | 4h | 316.64 | +0.045% | $92.6M | $531.5M | 75x | as long as short |
| edgeX TAOUSDC | +0.0167% | 4h | 316.51 | +0.004% | $42K | $320K | 10x | as long as short |
| BingX TAO-USDT | +0.0176% | 4h | 316.50 | +0.001% | — | $37.4M | — | as long as short |
| Orderly PERP_TAO_USDC | +0.0197% | 4h | 316.26 | −0.075% | $54K | $299K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0252% | 8h | 316.33 | −0.054% | $14K | $876 | 10x | as long as short |
| Bullet TAO-USD | +0.0293% | 1h | 316.35 | −0.048% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0308% | 1h | 316.74 | +0.077% | $46K | $259K | 50x | as long as short |
| Aster TAOUSDT | +0.0324% | 4h | 316.61 | +0.035% | $1.3M | $11.1M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 316.44 | −0.019% | $371K | $454K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0366% / S −0.0107% | 1h | 316.15 | −0.109% | $372K | — | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0373% | 1h | 316.13 | −0.118% | $15K | $1.9M | 25x | as long as short |
| Extended TAO-USDlong | +0.0384% | 1h | 316.50 | long leg | $899K | $2.4M | 25x | |
| Arcus TAO-USD | +0.0404% | 1h | 316.79 | +0.092% | $100K | $377K | 5x | as long as short |
| BloFin TAO-USDT | +0.0405% | 4h | 316.62 | +0.039% | $4.8M | $10.9M | 100x | as long as short |
| Nado TAO-PERP | +0.0561% | 1h | 316.47 | −0.008% | $776K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 316.50 | +0.001% | $318K | $714K | 5x | as long as short |
| Hyperliquid TAO | +0.0579% | 1h | 316.47 | −0.009% | $93.5M | $109.7M | 5x | as long as short |
| Variational Omni TAO | +0.0589% | 4h | 316.63 | +0.043% | $5.6M | $10.1M | — | as long as short |
| Lighter TAO | +0.0656% | 1h | 316.58 | +0.028% | $1.6M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0664% | 1h | 317.10 | +0.190% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.30 | −0.062% | $364 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0760% | 4h | 316.63 | +0.042% | $69.7M | $156.3M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0787% | 1h | 316.21 | −0.090% | $5.9M | $21.3M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0823% | 1h | 316.40 | −0.031% | $316K | $1.0M | 10x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 316.60 | +0.032% | $449K | $668K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 317.34 | +0.266% | $1.2M | $7.3M | 50x | as long as short |
| Phemex TAOUSDT | +0.1184% | 4h | 316.33 | −0.053% | $3.2M | $8.2M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 321.91 | +1.710% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Aevo TAO-PERP
GRVT TAO_USDT_Perp
MEXC TAO_USDT
Binance TAOUSDT
edgeX TAOUSDC
BingX TAO-USDT
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
Bullet TAO-USD
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
BloFin TAO-USDT
Nado TAO-PERP
Phoenix TAO
Hyperliquid TAO
Variational Omni TAO
Lighter TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Phemex TAOUSDT
Injective TAO/USDC PERP