Funding you earn now, next payment 06:00 UTC−0.0732%/8h= −80.2% APRpaid last 24h −0.129%
Price spread now: SunX against Lighter−0.132%7-day average −0.078% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.132%, 7d avg −0.078%
=Together, before fees−0.086%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and SunX is 0.053% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% 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 | Lighter TAO | 313.22 | 0.0832 | pay 0.0104% / 1h | 52m 06s | $1.5M | $6.5M | 5x |
| Short | SunX TAO-USDT | 312.81 | 0.0100 | get 0.0050% / 4h | 2h 52m | $1K | $1.9M | 20x |
Lighter TAO
SunX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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
- −$153.72
- Price spread: −0.132% → −0.078%
- −$5.35
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$167.07
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; SunX: live order book, 4 min ago. Net counts fees only.
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 Lighter live order book, 6 min ago | 2.07 bp | 5.3 bp −$5 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 500.52 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 312.43 | −0.254% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.62 | −0.194% | $20K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 312.82 | −0.128% | $640 | $877K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.79 | −0.138% | $89.4M | $504.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.70 | −0.167% | $26.2M | $121.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.60 | −0.199% | $13.6M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.95 | −0.087% | $104.2M | $144.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.95 | −0.087% | $17.5M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.40 | −0.262% | $35.2M | $56.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 311.81 | −0.451% | $41K | $314K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.79 | −0.138% | $81K | $908K | 5x | as long as short |
| SunX TAO-USDTshort | +0.0100% | 4h | 312.81 | −0.132% | $1K | $1.9M | 20x | |
| HTX TAO-USDT | +0.0100% | 4h | 312.32 | −0.288% | $111K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.99 | −0.072% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 312.82 | −0.128% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0133% / S +0.0137% | 1h | 312.50 | −0.231% | $419K | — | 100x | as long as short |
| Bulk TAO-USD | +0.0138% | 1h | 312.42 | −0.255% | $166K | $333 | 10x | as long as short |
| Aster TAOUSDT | +0.0142% | 4h | 312.92 | −0.096% | $1.3M | $10.5M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0204% | 4h | 313.11 | −0.037% | $532K | $942K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0213% | 8h | 313.04 | −0.057% | $14K | $1K | 10x | as long as short |
| Popdex TAOUSDT | +0.0232% | 1h | 313.06 | −0.052% | $49K | $662K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 312.84 | −0.122% | $356K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0293% | 1h | 312.85 | −0.120% | $778K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0304% | 1h | 312.97 | −0.081% | $5.5M | $20.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0317% | 1h | 312.88 | −0.109% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.29 | −0.298% | $4.5M | $10.8M | 100x | as long as short |
| Bybit TAOUSDT | +0.0348% | 4h | 312.81 | −0.132% | $67.7M | $151.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0358% | 4h | 312.82 | −0.128% | — | $33.7M | — | as long as short |
| Extended TAO-USD | +0.0368% | 1h | 312.94 | −0.091% | $903K | $2.4M | 25x | as long as short |
| Variational Omni TAO | +0.0371% | 4h | 312.91 | −0.100% | $5.5M | $10.1M | — | as long as short |
| Phemex TAOUSDT | +0.0440% | 4h | 312.94 | −0.090% | $3.1M | $8.0M | 50x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.08 | −0.045% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 312.80 | −0.135% | $311K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0523% | 1h | 312.80 | −0.134% | $11K | $1.8M | 25x | as long as short |
| Hyperliquid TAO | +0.0682% | 1h | 313.05 | −0.055% | $91.6M | $108.2M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.83 | −0.126% | $360 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0752% | 1h | 313.35 | +0.041% | $3K | $4K | 5x | as long as short |
| Lighter TAOlong | +0.0832% | 1h | 313.22 | long leg | $1.5M | $6.5M | 5x | |
| Backpack TAO_USDC_PERP | +0.0846% | 1h | 312.88 | −0.109% | $311K | $885K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 313.58 | +0.114% | $1.5M | $6.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 312.97 | −0.079% | $447K | $649K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.1940% | 1h | 312.51 | −0.227% | $46K | $254K | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 316.07 | +0.909% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Bulk TAO-USD
Aster TAOUSDT
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERP
Popdex TAOUSDT
Pacifica TAO
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
Extended TAO-USD
Variational Omni TAO
Phemex TAOUSDT
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Hyperliquid TAO
Reya TAORUSDPERP
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
ApeX Omni TAOUSDT
Injective TAO/USDC PERP