Funding you earn now, next payment 00:00 UTC+0.1084%/8h= +118.7% APRpaid last 24h +0.067%
Price spread now: Lighter against HTX−0.053%7-day average +0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.053%, 7d avg +0.186%
=Together, before fees+0.415%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.238% cheaper against HTX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.186%). If the spread goes back, that is −$24 on $10k: about 18 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.196% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TAO-USDT | 316.09 | 0.0100 | pay 0.0050% / 4h | 1m 20s | $126K | $422K | 20x |
| Short | Lighter TAO | 315.92 | 0.1184 | get 0.0148% / 1h | 1m 20s | $1.7M | $5.8M | 5x |
HTX TAO-USDT
Lighter TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $227.64
- Price spread: −0.053% → +0.186%
- −$23.83
- Slippage, 4 orders
- −$133.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $57.82
- Costs to cover
- 1.460%
- Break-even
- 5.2 days
Slippage from HTX: live order book, 12 min ago; Lighter: live order book, 7 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 HTX live order book, 12 min ago | 18.94 bp | 105.2 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 3.53 bp | 5.9 bp −$6 | 17.3 bp −$173 | 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 | −0.2086% | 1h | 311.96 | −1.307% | $167K | $47K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.26 | −0.264% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.05 | −0.014% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 315.12 | −0.307% | $23K | $374 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.07 | −0.006% | $39K | $569K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 315.63 | −0.144% | $373K | $363K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.34 | +0.078% | $89.7M | $431.7M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 316.32 | +0.073% | $65.1M | $128.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.10 | +0.003% | $25.5M | $103.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.10 | +0.003% | $12.7M | $50.7M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
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 | 316.26 | +0.054% | $112.3M | $132.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.47 | +0.120% | $18.9M | $28.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.83 | −0.082% | $35.3M | $47.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 316.35 | +0.082% | — | $30.5M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 316.07 | −0.006% | $41K | $282K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.90 | −1.010% | $524K | $952K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.22 | +0.041% | $47K | $268K | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.50 | +0.130% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.00 | −0.028% | $61K | $275K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.27 | +0.057% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDTlong | +0.0100% | 4h | 316.09 | long leg | $126K | $422K | 20x | |
| Phemex TAOUSDT | +0.0100% | 4h | 316.64 | +0.174% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.99 | −0.031% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 315.60 | −0.155% | $1K | $577K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0115% | 1h | 316.31 | +0.070% | $77K | $450K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0071% | 1h | 316.02 | −0.022% | $450K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0178% | 4h | 316.23 | +0.044% | $1.1M | $7.9M | 50x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 315.88 | −0.066% | $83K | $545K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0197% | 8h | 315.38 | −0.224% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0233% | 4h | 316.35 | +0.083% | $5.4M | $8.5M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.54 | +0.459% | $4.4M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0406% | 1h | 315.96 | −0.042% | $29K | $1.5M | 25x | as long as short |
| Nado TAO-PERP | +0.0430% | 1h | 316.11 | +0.006% | $858K | $2.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0444% | 1h | 316.26 | +0.053% | $5.8M | $19.9M | 50x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 316.20 | +0.035% | $331K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0546% | 1h | 315.95 | −0.044% | $314K | $813K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0592% | 1h | 316.21 | +0.038% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 316.09 | +0.001% | $364 | — | 20x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 316.05 | −0.014% | $926K | $2.2M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 317.02 | +0.294% | $1.5M | $5.9M | 50x | as long as short |
| Lighter TAOshort | +0.1184% | 1h | 315.92 | −0.053% | $1.7M | $5.8M | 5x | |
| RISEx TAO/USDC | +0.1238% | 1h | 315.63 | −0.146% | $418K | $584K | 5x | as long as short |
| Hyperliquid TAO | +0.1586% | 1h | 316.64 | +0.174% | $99.2M | $84.9M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Phoenix TAO
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO