Funding you earn now, next payment 07:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.074%
Price spread now: Extended against GRVT−0.282%52s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.282%, 7d avg −0.054%
=Together, before fees+0.145%+ Points / potential airdropGRVT: Active · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.227% cheaper against GRVT than usual: you would sell low and buy high (spread −0.282% now, against its 7-day average of −0.054%). If the spread goes back, that is −$23 on $10k: about 9.7 days of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT TAO_USDT_Perp | 319.74 | 0.0402 | pay 0.0201% / 4h | 1h 36m | $544K | $940K | 10x |
| Short | Extended TAO-USD | 318.84 | 0.0480 | get 0.0060% / 1h | 36m 30s | $912K | $2.4M | 25x |
GRVT TAO_USDT_Perp
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GRVT. 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
- $16.38
- Price spread: −0.282% → −0.054%
- −$22.75
- Slippage, 4 orders
- −$16.86
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$37.23
- Costs to cover
- 0.309%
- Break-even
- 22.9 days
Slippage from GRVT: live order book, 6 min ago; Extended: live order book, 2 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 GRVT live order book, 6 min ago | 2.82 bp | 9.6 bp −$10 | 27.1 bp −$271 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.50 bp | 5.3 bp −$5 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.2019% | 1h | 319.65 | −0.029% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.44 | −0.407% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.52 | −0.382% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.86 | −0.276% | $42K | $703K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.50 | −0.389% | $26.7M | $129.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.50 | −0.389% | $14.2M | $51.7M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.71 | −0.323% | $17.8M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.51 | −0.386% | $35.7M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.72 | −0.007% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.74 | −0.314% | $80K | $1.1M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 318.85 | −0.279% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.70 | −0.326% | $118K | $589K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 318.85 | −0.279% | $723 | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0120% / S +0.0157% | 1h | 318.50 | −0.390% | $430K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.09 | −0.206% | $175K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 318.53 | −0.379% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0158% | 4h | 319.79 | +0.016% | $42K | $317K | 10x | as long as short |
| MEXC TAO_USDT | +0.0160% | 4h | 318.93 | −0.254% | $104.7M | $149.8M | 300x | as long as short |
| Binance TAOUSDT | +0.0161% | 4h | 318.86 | −0.277% | $92.2M | $527.8M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0257% | 8h | 318.78 | −0.300% | $14K | $1K | 10x | as long as short |
| Phemex TAOUSDT | +0.0257% | 4h | 318.93 | −0.254% | $3.2M | $8.1M | 50x | as long as short |
| Aster TAOUSDT | +0.0314% | 4h | 318.71 | −0.323% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0362% | 4h | 318.60 | −0.358% | $69.6M | $155.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0370% | 4h | 318.78 | −0.301% | — | $34.5M | — | as long as short |
| Bullet TAO-USD | +0.0384% | 1h | 318.89 | −0.267% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0401% | 4h | 319.27 | −0.148% | $4.7M | $11.1M | 100x | as long as short |
| GRVT TAO_USDT_Perplong | +0.0402% | 4h | 319.74 | long leg | $544K | $940K | 10x | |
| Extended TAO-USDshort | +0.0480% | 1h | 318.84 | −0.282% | $912K | $2.4M | 25x | |
| Pacifica TAO | +0.0525% | 1h | 318.86 | −0.275% | $363K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0535% | 4h | 319.70 | −0.014% | $5.6M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.70 | −0.014% | $318K | $709K | 5x | as long as short |
| Hyperliquid TAO | +0.0621% | 1h | 318.99 | −0.236% | $94.3M | $110.1M | 5x | as long as short |
| Nado TAO-PERP | +0.0628% | 1h | 318.98 | −0.238% | $796K | $2.1M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 319.15 | −0.186% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 319.86 | +0.036% | $103K | $394K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0643% | 1h | 318.96 | −0.245% | $11K | $1.9M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0670% | 1h | 318.93 | −0.254% | $299K | $904K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 318.91 | −0.262% | $367 | — | 20x | as long as short |
| Lighter TAO | +0.0824% | 1h | 319.05 | −0.217% | $1.5M | $6.7M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.89 | +0.359% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 318.82 | −0.290% | $457K | $664K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1157% | 1h | 319.03 | −0.222% | $6.0M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.63 | +1.216% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
Phemex TAOUSDT
Aster TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
BloFin TAO-USDT
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Hyperliquid TAO
Nado TAO-PERP
01 Exchange TAOUSD
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP