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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1055%/8h= −115.5% APRpaid last 24h −0.045%
Price spread now: Aster against RISEx−0.329%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.272%−$27 on $10k
Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.329%, 7d avg +0.026%
Together, before fees+0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Aster is 0.355% cheaper against RISEx than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.272% in total (about -29.6% 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
LongRISEx TAO/USDC303.920.1155pay 0.0144% / 1h30m 53s$411K$545K5x
ShortAster TAOUSDT302.920.0100get 0.0050% / 4h1h 30m$1.1M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$221.47
Price spread: −0.329% → +0.026%
−$35.5
Slippage, 4 orders
−$18.56
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$289.53
Costs to cover
0.326%
Break-even
never at this rate
Slippage from RISEx: live order book, 53 min ago; Aster: 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 RISEx live order book, 53 min ago0.65 bp3.7 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago2.80 bp11.5 bp −$1123.3 bp −$233224.7 bp −$22.5Kdoesn'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−0.0186%1h303.81−0.036%$162K$54K10xas long as short
dYdX TAO-USD0.0000%1h303.58−0.112%$124K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h303.35−0.186%$26K150xas long as short
Popdex TAOUSDT+0.0096%1h303.76−0.052%$44K$536K20xas long as short
Aster TAOUSDTshort+0.0100%4h302.92−0.329%$1.1M$7.7M50x
Binance TAOUSDT+0.0100%4h302.86−0.350%$84.7M$413.6M75xas long as short
Bybit TAOUSDT+0.0100%4h302.98−0.309%$58.6M$121.1M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h302.90−0.335%$24.4M$95.1M50xas long as short
Arcus TAO-USD+0.0100%1h303.94+0.007%$79K$643K5xas long as short
Gate TAO_USDT+0.0100%4h302.70−0.401%$12.1M$48.8M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h302.78−0.375%$110.6M$125.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h302.66−0.414%$18.4M$27.2M75xas long as short
Bitget TAOUSDT+0.0100%4h302.57−0.444%$33.8M$46.0M50xas long as short
BingX TAO-USDT+0.0100%4h302.89−0.339%$30.4Mas long as short
Variational Omni TAO+0.0100%4h303.56−0.118%$3.7M$6.7Mas long as short
edgeX TAOUSDC+0.0100%4h303.27−0.215%$39K$279K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h302.58−0.440%$500K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h303.45−0.154%$46K$269K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h303.79−0.043%$74K$595K5xas long as short
Bullet TAO-USD+0.0100%1h303.73−0.063%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h303.18−0.243%$58K$276K10xas long as short
SunX TAO-USDT+0.0100%4h303.09−0.273%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h303.21−0.233%$121K$365K20xas long as short
Phemex TAOUSDT+0.0100%4h302.71−0.398%$3.2M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h303.34−0.192%$167K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h303.64−0.092%$3K$494K5xas long as short
Paradex TAO-USD-PERP+0.0155%8h303.80−0.039%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h303.92+0.001%$359K$371K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h303.42−0.164%$433K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0192%1h303.19−0.241%$21K$1.4M25xas long as short
BloFin TAO-USDT+0.0340%4h303.24−0.224%$4.2M$9.3M100xas long as short
Nado TAO-PERP+0.0341%1h303.85−0.024%$820K$1.9M10xas long as short
Lighter TAO+0.0360%1h303.13−0.260%$1.6M$5.3M5xas long as short
01 Exchange TAOUSD+0.0392%1h303.93+0.003%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0435%1h302.79−0.372%$377K$757K10xas long as short
Phoenix TAO+0.0521%1h304.00+0.026%$322K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h303.63−0.094%$34920xas long as short
Extended TAO-USD+0.0816%1h302.73−0.391%$825K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h304.00+0.026%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1042%1h303.14−0.256%$5.7M$19.7M50xas long as short
Hyperliquid TAO+0.1053%1h303.10−0.270%$92.0M$80.5M5xas long as short
RISEx TAO/USDClong+0.1155%1h303.92long leg$411K$545K5x
Injective TAO/USDC PERP+0.1621%1h308.73+1.583%$22K$26412xas long as short