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+0.0252%/8h= +27.6% APRpaid last 24h +0.065%
Price spread now: Extended against HTX−0.082%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2202.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.082%, 7d avg +0.061%
Together, before fees+0.245%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.143% cheaper against HTX than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.061%). If the spread goes back, that is −$14 on $10k: about 45 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.162% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.4% 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
LongHTX TAO-USDT314.160.0100pay 0.0050% / 4h49m 56s$109K$526K20x
ShortExtended TAO-USD313.900.0352get 0.0044% / 1h49m 56s$922K$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$52.92
Price spread: −0.082% → +0.061%
−$14.26
Slippage, 4 orders
−$202.76
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$181.1
Costs to cover
2.198%
Break-even
31.0 days
Slippage from HTX: live order book, 9 min ago; Extended: live order book, 4 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 HTX live order book, 9 min ago13.02 bp112.9 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago4.10 bp6.9 bp −$78.9 bp −$89doesn'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−0.0499%1h315.15+0.315%$167K$1K10xas long as short
dYdX TAO-USD0.0000%1h314.28+0.038%$125K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h314.13−0.010%$20K150xas long as short
Kraken Futures PF_TAOUSD+0.0057%1h314.39+0.074%$5.5M$20.6M50xas long as short
Popdex TAOUSDT+0.0096%1h314.31+0.048%$41K$685K20xas long as short
Binance TAOUSDT+0.0100%4h314.18+0.008%$90.6M$488.6M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h314.40+0.076%$25.8M$118.8M50xas long as short
Gate TAO_USDT+0.0100%4h314.00−0.051%$12.9M$49.4M50xas long as short
MEXC TAO_USDT+0.0100%4h314.25+0.029%$104.4M$142.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h313.61−0.175%$17.4M$31.6M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TAOUSDT+0.0100%4h313.94−0.070%$35.1M$55.8M50xas long as short
edgeX TAOUSDC+0.0100%4h316.19+0.645%$35K$303K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h315.90+0.554%$46K$252K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h314.41+0.080%$89K$789K5xas long as short
Bullet TAO-USD+0.0100%1h314.36+0.062%$12K$18K20xas long as short
SunX TAO-USDT+0.0100%4h314.30+0.045%$1K$1.9M20xas long as short
HTX TAO-USDTlong+0.0100%4h314.16long leg$109K$526K20x
Phemex TAOUSDT+0.0100%4h314.24+0.025%$3.2M$8.2M50xas long as short
Aevo TAO-PERP+0.0104%1h314.46+0.097%$173K$9983xas long as short
Katana Perps TAO-USD+0.0108%8h313.98−0.057%$1K$783K5xas long as short
GRVT TAO_USDT_Perp+0.0122%4h316.28+0.674%$527K$952K10xas long as short
Orderly PERP_TAO_USDC+0.0123%4h314.35+0.060%$57K$275K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0153% / S +0.0115%1h314.08−0.025%$426K100xas long as short
01 Exchange TAOUSD+0.0184%1h314.29+0.041%$3K$4K5xas long as short
Bybit TAOUSDT+0.0196%4h314.49+0.105%$68.6M$146.0M50xas long as short
Paradex TAO-USD-PERP+0.0201%8h315.06+0.285%$14K$1K10xas long as short
Hyperliquid TAO+0.0215%1h314.42+0.083%$93.9M$104.8M5xas long as short
Aster TAOUSDT+0.0218%4h314.17+0.004%$1.2M$10.1M50xas long as short
BingX TAO-USDT+0.0244%4h314.25+0.029%$30.2Mas long as short
Nado TAO-PERP+0.0264%1h314.60+0.139%$806K$2.2M10xas long as short
Backpack TAO_USDC_PERP+0.0279%1h314.31+0.048%$315K$915K10xas long as short
Lighter TAO+0.0328%1h314.70+0.171%$1.5M$6.4M5xas long as short
BloFin TAO-USDT+0.0340%4h314.43+0.086%$4.5M$10.9M100xas long as short
Arcus TAO-USD+0.0345%1h314.71+0.175%$99K$488K5xas long as short
Extended TAO-USDshort+0.0352%1h313.90−0.082%$922K$2.4M25x
Deribit TAO_USDC-PERPETUAL+0.0355%1h314.50+0.107%$13K$1.6M25xas long as short
Pacifica TAO+0.0365%1h314.59+0.137%$367K$402K10xas long as short
Phoenix TAO+0.0581%1h316.60+0.777%$315K$697K5xas long as short
Variational Omni TAO+0.0651%4h314.33+0.054%$5.8M$9.8Mas long as short
Reya TAORUSDPERP+0.0696%1h314.45+0.093%$36220xas long as short
RISEx TAO/USDC+0.0991%1h314.47+0.099%$433K$657K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h315.00+0.267%$1.5M$6.6M50xas long as short
Injective TAO/USDC PERP+0.4222%1h319.25+1.620%$23K$2K12xas long as short