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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.065%
Price spread now: SunX against Extended+0.217%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.217%, 7d avg +0.039%
Together, before fees−0.200%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.178% dearer against Extended than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of +0.039%): +$18 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.083% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% 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-USD315.490.0320pay 0.0040% / 1h43m 33s$922K$2.4M25x
ShortSunX TAO-USDT316.170.0100get 0.0050% / 4h43m 33s$1K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$46.2
Price spread: +0.217% → +0.039%
$17.78
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$41.42
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: live order book, 5 min ago; SunX: live order book, 2 min ago. Net counts fees only.

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, 5 min ago2.39 bp4.9 bp −$56.6 bp −$66doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago500.22 bpdoesn't fitdoesn'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
Bulk TAO-USD−0.0482%1h315.13−0.113%$167K$1K10xas long as short
dYdX TAO-USD0.0000%1h315.49+0.001%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h314.94−0.174%$20K150xas long as short
Kraken Futures PF_TAOUSD+0.0056%1h315.92+0.139%$5.6M$20.6M50xas long as short
Popdex TAOUSDT+0.0096%1h315.27−0.068%$42K$685K20xas long as short
Binance TAOUSDT+0.0100%4h315.25−0.075%$90.9M$489.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.10−0.122%$25.9M$119.3M50xas long as short
Gate TAO_USDT+0.0100%4h315.40−0.027%$12.9M$49.5M50xas long as short
MEXC TAO_USDT+0.0100%4h315.21−0.087%$105.7M$142.5M300xas long as short
KuCoin TAOUSDTM+0.0100%4h315.00−0.154%$17.5M$31.6M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TAOUSDT+0.0100%4h314.91−0.182%$35.2M$55.8M50xas long as short
edgeX TAOUSDC+0.0100%4h315.77+0.090%$35K$304K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h316.07+0.185%$46K$252K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h315.05−0.138%$89K$790K5xas long as short
Bullet TAO-USD+0.0100%1h315.18−0.098%$12K$18K20xas long as short
SunX TAO-USDTshort+0.0100%4h316.17+0.217%$1K$1.9M20x
HTX TAO-USDT+0.0100%4h315.85+0.116%$109K$527K20xas long as short
Phemex TAOUSDT+0.0100%4h315.75+0.084%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0101%8h314.98−0.160%$645$785K5xas long as short
Aevo TAO-PERP+0.0104%1h315.98+0.158%$174K$9983xas long as short
GRVT TAO_USDT_Perp+0.0106%4h316.10+0.196%$526K$944K10xas long as short
Orderly PERP_TAO_USDC+0.0125%4h316.03+0.173%$57K$275K10xas long as short
Bybit TAOUSDT+0.0139%4h315.27−0.068%$68.6M$146.4M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0152% / S +0.0116%1h315.99+0.159%$429K100xas long as short
BingX TAO-USDT+0.0184%4h315.55+0.020%$30.1Mas long as short
Paradex TAO-USD-PERP+0.0191%8h315.71+0.071%$14K$1K10xas long as short
Nado TAO-PERP+0.0200%1h315.35−0.044%$806K$2.2M10xas long as short
Aster TAOUSDT+0.0221%4h315.76+0.087%$1.2M$10.1M50xas long as short
01 Exchange TAOUSD+0.0232%1h315.24−0.078%$3K$4K5xas long as short
Hyperliquid TAO+0.0264%1h315.32−0.052%$93.9M$105.2M5xas long as short
Backpack TAO_USDC_PERP+0.0310%1h315.96+0.150%$316K$910K10xas long as short
Extended TAO-USDlong+0.0320%1h315.49long leg$922K$2.4M25x
BloFin TAO-USDT+0.0340%4h316.23+0.236%$4.5M$10.9M100xas long as short
Arcus TAO-USD+0.0345%1h315.85+0.116%$100K$488K5xas long as short
Pacifica TAO+0.0365%1h315.91+0.135%$362K$409K10xas long as short
Lighter TAO+0.0432%1h316.06+0.182%$1.5M$6.5M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0513%1h316.00+0.163%$11K$1.6M25xas long as short
Phoenix TAO+0.0581%1h316.10+0.195%$315K$697K5xas long as short
Variational Omni TAO+0.0641%4h315.94+0.143%$5.8M$9.8Mas long as short
Reya TAORUSDPERP+0.0696%1h315.12−0.115%$36220xas long as short
RISEx TAO/USDC+0.0991%1h315.33−0.048%$437K$659K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h316.38+0.284%$1.5M$6.6M50xas long as short
Injective TAO/USDC PERP+0.4222%1h319.61+1.307%$23K$2K12xas long as short