Funding you earn now, next payment 23:00 UTC−0.0720%/8h= −78.8% APRnext payment −$0.90 per $10,000 · paid last 24h −0.021%
Price spread now: Popdex against Extended−0.152%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.152%, 7d avg +0.046%
=Together, before fees+0.294%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Popdex is 0.197% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.034% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.90 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 | 303.50 | 0.0816 | pay 0.0102% / 1h | 30m 01s | $825K | $2.0M | 25x |
| Short | Popdex TAOUSDT | 303.04 | 0.0096 | get 0.0012% / 1h | 30m 01s | $45K | $537K | 20x |
Extended TAO-USD
Popdex TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$151.2
- Price spread: −0.152% → +0.046%
- −$19.72
- Slippage, 4 orders
- −$22.82
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$205.13
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Popdex: live order book, 54 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, 4 min ago | 3.30 bp | 5.8 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 54 min ago | 1.78 bp | 11.1 bp −$11 | 84.7 bp −$847 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 302.58 | −0.302% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 302.95 | −0.181% | $26K | — | 150x | as long as short |
| Popdex TAOUSDTshort | +0.0096% | 1h | 303.04 | −0.152% | $45K | $537K | 20x | |
| Aster TAOUSDT | +0.0100% | 4h | 303.42 | −0.027% | $1.1M | $7.7M | 50x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.51 | +0.002% | $84.9M | $413.6M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.64 | +0.046% | $58.7M | $121.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.70 | +0.066% | $24.4M | $95.4M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.29 | −0.069% | $79K | $643K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 303.38 | −0.041% | $162K | $54K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.20 | −0.099% | $12.1M | $48.8M | 50x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Aster TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk TAO-USD
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 | 303.45 | −0.016% | $110.9M | $125.2M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.02 | −0.158% | $18.4M | $27.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.39 | −0.036% | $33.9M | $46.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.43 | −0.023% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 303.79 | +0.095% | $3.7M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.27 | −0.077% | $39K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 302.58 | −0.302% | $500K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 303.45 | −0.016% | $46K | $269K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.30 | −0.066% | $74K | $595K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.27 | −0.076% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.01 | −0.161% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 302.98 | −0.171% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 303.25 | −0.082% | $122K | $364K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.06 | −0.145% | $3.2M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 303.22 | −0.094% | $167K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 302.95 | −0.181% | $620 | $496K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0154% | 8h | 303.02 | −0.157% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 303.01 | −0.161% | $358K | $371K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 302.95 | −0.180% | $433K | — | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0276% | 1h | 303.05 | −0.147% | $21K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.24 | −0.086% | $4.2M | $9.3M | 100x | as long as short |
| Nado TAO-PERP | +0.0344% | 1h | 302.91 | −0.194% | $817K | $1.9M | 10x | as long as short |
| Lighter TAO | +0.0376% | 1h | 303.37 | −0.043% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 303.21 | −0.095% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0435% | 1h | 303.53 | +0.010% | $378K | $756K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 304.00 | +0.165% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.07 | −0.142% | $349 | — | 20x | as long as short |
| Extended TAO-USDlong | +0.0816% | 1h | 303.50 | long leg | $825K | $2.0M | 25x | |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 303.21 | −0.095% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1042% | 1h | 303.09 | −0.136% | $5.7M | $19.7M | 50x | as long as short |
| Hyperliquid TAO | +0.1056% | 1h | 303.81 | +0.102% | $92.2M | $80.5M | 5x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 303.28 | −0.071% | $410K | $545K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.723% | $22K | $264 | 12x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Nado TAO-PERP
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP