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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0884%/8h= −96.8% APRpaid last 24h −0.050%
Price spread now: HTX against Extended+0.095%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.095%, 7d avg −0.065%
Together, before fees−0.305%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.159% dearer against Extended than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.065%): +$16 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.147% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD308.770.0984pay 0.0123% / 1h46m 32s$890K$2.4M25x
ShortHTX TAO-USDT309.060.0100get 0.0050% / 4h2h 46m$126K$471K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$185.64
Price spread: +0.095% → −0.065%
$15.92
Slippage, 4 orders
−$174.17
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$360.89
Costs to cover
1.912%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; HTX: live order book, 22 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 Extended live order book, 2 min ago2.09 bp7.2 bp −$79.1 bp −$91doesn't fitdoesn't fit
Sell HTX live order book, 22 min ago21.48 bp73.2 bp −$73doesn't fitdoesn'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
dYdX TAO-USD0.0000%1h308.79+0.007%$123K$87K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0002%1h309.09+0.105%$12K150xas long as short
Popdex TAOUSDT+0.0096%1h308.88+0.036%$46K$604K20xas long as short
Binance TAOUSDT+0.0100%4h308.73−0.012%$88.6M$458.1M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h308.70−0.022%$25.1M$107.9M50xas long as short
Gate TAO_USDT+0.0100%4h308.70−0.022%$12.5M$49.5M50xas long as short
MEXC TAO_USDT+0.0100%4h308.94+0.056%$100.7M$136.6M300xas long as short
KuCoin TAOUSDTM+0.0100%4h309.24+0.153%$18.0M$30.1M75xas long as short
Bitget TAOUSDT+0.0100%4h308.61−0.051%$34.4M$52.4M50xas long as short
edgeX TAOUSDC+0.0100%4h311.23+0.798%$34K$299K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TAO_USDT_Perp+0.0100%4h311.49+0.880%$519K$964K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h309.35+0.189%$56K$318K10xas long as short
SunX TAO-USDT+0.0100%4h309.24+0.153%$1K$1.9M20xas long as short
HTX TAO-USDTshort+0.0100%4h309.06+0.095%$126K$471K20x
Aevo TAO-PERP+0.0104%1h309.77+0.323%$170K$9983xas long as short
Katana Perps TAO-USD+0.0118%8h308.92+0.049%$632$673K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0170% / S +0.0092%1h309.12+0.112%$427K100xas long as short
Kraken Futures PF_TAOUSD+0.0171%1h309.30+0.171%$5.5M$20.3M50xas long as short
Aster TAOUSDT+0.0177%4h309.26+0.161%$1.3M$9.1M50xas long as short
Bullet TAO-USD+0.0223%1h309.64+0.282%$12K$17K20xas long as short
Paradex TAO-USD-PERP+0.0265%8h309.11+0.112%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0274%1h309.01+0.078%$78K$656K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0282%1h309.23+0.149%$15K$1.5M25xas long as short
Pacifica TAO+0.0285%1h309.14+0.120%$365K$378K10xas long as short
ApeX Omni TAOUSDT+0.0290%1h310.96+0.710%$47K$268K50xas long as short
Arcus TAO-USD+0.0337%1h309.18+0.133%$82K$551K5xas long as short
BloFin TAO-USDT+0.0340%4h311.16+0.775%$4.4M$10.7M100xas long as short
Injective TAO/USDC PERP+0.0470%1h315.63+2.222%$23K$2K12xas long as short
Nado TAO-PERP+0.0562%1h308.74−0.008%$758K$2.1M10xas long as short
Phemex TAOUSDT+0.0585%4h309.32+0.179%$3.3M$7.9M50xas long as short
Phoenix TAO+0.0588%1h311.70+0.950%$326K$681K5xas long as short
01 Exchange TAOUSD+0.0672%1h309.17+0.130%$3K$4K5xas long as short
Variational Omni TAO+0.0682%4h311.59+0.913%$5.4M$8.8Mas long as short
Reya TAORUSDPERP+0.0696%1h308.82+0.018%$35520xas long as short
BingX TAO-USDT+0.0740%4h309.01+0.078%$31.0Mas long as short
Bybit TAOUSDT+0.0790%4h308.91+0.046%$63.1M$135.2M50xas long as short
Backpack TAO_USDC_PERP+0.0875%1h309.41+0.208%$313K$816K10xas long as short
Extended TAO-USDlong+0.0984%1h308.77long leg$890K$2.4M25x
Coinbase International TAO-PERP-INTX+0.1024%1h310.00+0.399%$1.5M$6.4M50xas long as short
RISEx TAO/USDC+0.1132%1h308.96+0.062%$410K$605K5xas long as short
Hyperliquid TAO+0.1301%1h309.16+0.127%$98.1M$92.7M5xas long as short
Lighter TAO+0.1432%1h309.34+0.184%$1.6M$6.0M5xas long as short
Bulk TAO-USD+0.3743%1h312.40+1.176%$166K$40K10xas long as short