Funding you earn now, next payment 06:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.015%
Price spread now: Deribit against MEXC+0.027%52s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$240.241% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.027%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% 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 | MEXC TAO_USDT | 319.18 | 0.0104 | pay 0.0052% / 4h | 2h 12m | $101.4M | $148.1M | 300x |
| Short | Deribit TAO_USDC-PERPETUAL | 319.26 | 0.0500 | get 0.0063% / 1h | 12m 19s | $15K | $1.8M | 25x |
MEXC TAO_USDT
Deribit TAO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against MEXC. 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
- $83.16
- Price spread: +0.027% → +0.024%
- $0.23
- Slippage, 4 orders
- −$17.05
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $59.34
- Costs to cover
- 0.241%
- Break-even
- 2.0 days
Slippage from MEXC: live order book, 2 min ago; Deribit: 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 MEXC live order book, 2 min ago | 0.31 bp | 2.2 bp −$2 | 7.4 bp −$74 | 27.3 bp −$2,733 | 99.8 bp −$49.9K |
| Sell Deribit live order book, 2 min ago | 6.43 bp | 10.2 bp −$10 | 16.7 bp −$167 | 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 | −0.1195% | 1h | 319.01 | −0.052% | $169K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.72 | −0.144% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0032% | 1h | 318.55 | −0.199% | $127K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.90 | −0.088% | $26.7M | $125.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.80 | −0.119% | $14.2M | $51.6M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.00 | −0.056% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.81 | −0.116% | $35.9M | $57.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.35 | −0.262% | $42K | $317K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.92 | −0.081% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.01 | −0.053% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 318.94 | −0.075% | $116K | $565K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.89 | −0.091% | $3.2M | $8.1M | 50x | as long as short |
| MEXC TAO_USDTlong | +0.0104% | 4h | 319.18 | long leg | $101.4M | $148.1M | 300x | |
| Aevo TAO-PERP | +0.0104% | 1h | 319.38 | +0.064% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.91 | −0.085% | $1K | $946K | 5x | as long as short |
| Binance TAOUSDT | +0.0110% | 4h | 319.15 | −0.009% | $91.5M | $513.1M | 75x | as long as short |
| Orderly PERP_TAO_USDC | +0.0116% | 4h | 319.03 | −0.047% | $53K | $291K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0126% / S +0.0144% | 1h | 318.78 | −0.126% | $423K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 319.02 | −0.050% | $54K | $671K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 318.99 | −0.060% | $364K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0271% | 4h | 318.99 | −0.060% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0278% | 8h | 319.13 | −0.016% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0290% | 1h | 319.16 | −0.005% | $802K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0298% | 1h | 319.35 | +0.053% | $6.0M | $21.6M | 50x | as long as short |
| Bullet TAO-USD | +0.0322% | 1h | 319.11 | −0.021% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0344% | 4h | 319.43 | +0.078% | $3.7M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0391% | 4h | 319.18 | 0.000% | $69.9M | $153.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 319.11 | −0.022% | — | $33.8M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0436% | 4h | 318.55 | −0.197% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0467% | 4h | 317.98 | −0.375% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.52 | +0.107% | $103K | $351K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUALshort | +0.0500% | 1h | 319.26 | +0.027% | $15K | $1.8M | 25x | |
| ApeX Omni TAOUSDT | +0.0504% | 1h | 318.01 | −0.367% | $45K | $256K | 50x | as long as short |
| Extended TAO-USD | +0.0504% | 1h | 318.95 | −0.071% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 318.90 | −0.088% | $317K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.08 | −0.031% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0800% | 1h | 319.51 | +0.103% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0806% | 1h | 319.31 | +0.041% | $93.7M | $109.5M | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 319.31 | +0.042% | $1.5M | $6.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0839% | 1h | 319.20 | +0.006% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 319.97 | +0.248% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 319.05 | −0.041% | $461K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.178% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Binance TAOUSDT
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Pacifica TAO
Aster TAOUSDT
Paradex TAO-USD-PERP
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Variational Omni TAO
Arcus TAO-USD
ApeX Omni TAOUSDT
Extended TAO-USD
Phoenix TAO
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP