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

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.069%
Price spread now: Extended against KuCoin+0.027%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Long on KuCoinShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 7 days−0.075%−$7 · spread now +0.027%, 7d avg −0.045%
Together, before fees+0.048%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.072% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% 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
LongKuCoin TAOUSDTM322.950.0100pay 0.0050% / 4h1h 55m$17.7M$31.9M75x
ShortExtended TAO-USD323.040.0488get 0.0061% / 1h55m 57s$922K$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$81.48
Price spread: +0.027% → −0.045%
$7.17
Slippage, 4 orders
−$32.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$39.25
Costs to cover
0.494%
Break-even
3.6 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 3 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 KuCoin live order book, 3 min ago2.46 bp21.2 bp −$2132.6 bp −$326doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago2.92 bp5.7 bp −$67.7 bp −$77doesn'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−0.1440%1h322.10−0.265%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h323.64+0.212%$129K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h323.01+0.017%$21K—150xas long as short
OKX TAO-USDT-SWAP+0.0100%8h322.80−0.046%$26.9M$129.6M50xas long as short
Gate TAO_USDT+0.0100%4h322.90−0.015%$14.3M$51.1M50xas long as short
KuCoin TAOUSDTMlong+0.0100%4h322.95long leg$17.7M$31.9M75x
Bitget TAOUSDT+0.0100%4h322.80−0.046%$36.4M$57.8M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h323.46+0.158%$76K$991K5xas long as short
SunX TAO-USDT+0.0100%4h323.14+0.059%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h322.80−0.046%$118K$583K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TAOUSDT+0.0100%4h322.93−0.006%$3.3M$8.1M50xas long as short
Katana Perps TAO-USD+0.0110%8h323.66+0.220%$3K$969K5xas long as short
Orderly PERP_TAO_USDC+0.0120%4h323.47+0.161%$53K$292K10xas long as short
Aevo TAO-PERP+0.0120%1h323.73+0.241%$178K$9983xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0124% / S +0.0144%1h322.90−0.014%$432K—100xas long as short
edgeX TAOUSDC+0.0156%4h324.58+0.506%$43K$315K10xas long as short
MEXC TAO_USDT+0.0156%4h322.87−0.025%$105.5M$148.9M300xas long as short
Binance TAOUSDT+0.0158%4h323.34+0.120%$94.1M$521.7M75xas long as short
Popdex TAOUSDT+0.0200%1h323.70+0.232%$42K$688K20xas long as short
Paradex TAO-USD-PERP+0.0274%8h323.79+0.261%$15K$1K10xas long as short
Aster TAOUSDT+0.0313%4h323.23+0.087%$1.4M$10.8M50xas long as short
Bybit TAOUSDT+0.0366%4h323.38+0.133%$70.7M$155.4M50xas long as short
BingX TAO-USDT+0.0382%4h323.27+0.099%—$34.3M—as long as short
BloFin TAO-USDT+0.0398%4h324.59+0.508%$4.7M$11.3M100xas long as short
Bullet TAO-USD+0.0417%1h323.30+0.109%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0476%4h323.22+0.085%$551K$948K10xas long as short
Extended TAO-USDshort+0.0488%1h323.04+0.027%$922K$2.4M25x
Variational Omni TAO+0.0509%4h323.35+0.122%$5.7M$10.1M—as long as short
Phoenix TAO+0.0513%1h324.40+0.449%$323K$709K5xas long as short
ApeX Omni TAOUSDT+0.0520%1h323.91+0.297%$47K$258K50xas long as short
Pacifica TAO+0.0525%1h323.89+0.291%$368K$422K10xas long as short
Nado TAO-PERP+0.0550%1h323.55+0.187%$819K$2.2M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0604%1h323.69+0.231%$18K$1.9M25xas long as short
Arcus TAO-USD+0.0641%1h324.07+0.347%$104K$384K5xas long as short
Backpack TAO_USDC_PERP+0.0669%1h323.25+0.093%$322K$898K10xas long as short
Reya TAORUSDPERP+0.0698%1h323.46+0.159%$372—20xas long as short
Hyperliquid TAO+0.0736%1h323.50+0.170%$95.7M$110.0M5xas long as short
01 Exchange TAOUSD+0.0752%1h323.85+0.279%$3K$4K5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h323.39+0.136%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h323.77+0.253%$464K$652K5xas long as short
Kraken Futures PF_TAOUSD+0.1142%1h323.10+0.046%$6.1M$21.7M50xas long as short
Lighter TAO+0.1160%1h323.28+0.101%$1.5M$6.6M5xas long as short
Injective TAO/USDC PERP+0.4723%1h323.62+0.207%$24K$2K12xas long as short