Funding you earn now, next payment 09:00 UTC+0.0686%/8h= +75.1% APRpaid last 24h +0.096%
Price spread now: Kraken Futures against SunX+0.008%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.008%, 7d avg +0.055%
=Funding pays, the price is against you. Kraken Futures is 0.047% cheaper against SunX than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.247% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.247% in total (about 12.9% 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 | SunX TAO-USDT | 316.68 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $1K | $1.9M | 20x |
| Short | Kraken Futures PF_TAOUSD | 316.71 | 0.0786 | get 0.0098% / 1h | 46m 08s | $6.0M | $21.3M | 50x |
SunX TAO-USDT
Kraken Futures PF_TAOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $144.05
- Price spread: +0.008% → +0.055%
- −$4.69
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $121.36
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: SunX: live order book, 10 min ago; Kraken Futures: live order book, 3 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 SunX live order book, 10 min ago | 500.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 6.31 bp | 16.1 bp −$16 | 24.9 bp −$249 | 112.8 bp −$11.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.60 | −0.025% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0066% | 1h | 316.46 | −0.071% | $127K | $86K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.86 | +0.057% | $50K | $717K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 316.69 | +0.003% | $919 | $1.2M | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.70 | +0.006% | $26.4M | $131.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.70 | +0.006% | $14.9M | $49.2M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.73 | +0.016% | $17.8M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.44 | −0.076% | $35.6M | $57.8M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.92 | +0.076% | $87K | $1.2M | 5x | as long as short |
| SunX TAO-USDTlong | +0.0100% | 4h | 316.68 | long leg | $1K | $1.9M | 20x |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Katana Perps TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 316.36 | −0.101% | $116K | $589K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.61 | −0.022% | $3.2M | $8.2M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 316.98 | +0.096% | $174K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0160% | 4h | 316.71 | +0.009% | $104.3M | $151.6M | 300x | as long as short |
| edgeX TAOUSDC | +0.0164% | 4h | 316.63 | −0.014% | $42K | $321K | 10x | as long as short |
| Binance TAOUSDT | +0.0165% | 4h | 316.70 | +0.006% | $92.7M | $531.8M | 75x | as long as short |
| Orderly PERP_TAO_USDC | +0.0206% | 4h | 316.80 | +0.038% | $54K | $299K | 10x | as long as short |
| Bullet TAO-USD | +0.0217% | 1h | 316.79 | +0.034% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0228% | 4h | 316.92 | +0.075% | $542K | $887K | 10x | as long as short |
| Bulk TAO-USD | +0.0233% | 1h | 316.19 | −0.155% | $168K | $0 | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0251% | 8h | 316.91 | +0.072% | $14K | $876 | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0294% | 1h | 316.58 | −0.032% | $46K | $259K | 50x | as long as short |
| Aster TAOUSDT | +0.0326% | 4h | 316.79 | +0.036% | $1.2M | $11.1M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 316.87 | +0.059% | $371K | $442K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0362% / S −0.0107% | 1h | 316.59 | −0.028% | $372K | — | 100x | as long as short |
| Extended TAO-USD | +0.0376% | 1h | 316.79 | +0.034% | $899K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0402% | 4h | 316.72 | +0.013% | $4.8M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 317.05 | +0.117% | $100K | $377K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0439% | 1h | 316.84 | +0.051% | $15K | $1.9M | 25x | as long as short |
| Bybit TAOUSDT | +0.0481% | 4h | 316.73 | +0.016% | $69.7M | $156.3M | 50x | as long as short |
| Hyperliquid TAO | +0.0522% | 1h | 316.92 | +0.076% | $93.4M | $110.1M | 5x | as long as short |
| BingX TAO-USDT | +0.0568% | 4h | 316.67 | −0.003% | — | $37.4M | — | as long as short |
| Nado TAO-PERP | +0.0569% | 1h | 316.80 | +0.039% | $769K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 315.60 | −0.341% | $317K | $714K | 5x | as long as short |
| Variational Omni TAO | +0.0612% | 4h | 316.00 | −0.214% | $5.6M | $10.1M | — | as long as short |
| Lighter TAO | +0.0616% | 1h | 316.83 | +0.048% | $1.6M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 317.23 | +0.174% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.86 | +0.057% | $364 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0773% | 1h | 316.69 | +0.003% | $317K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSDshort | +0.0786% | 1h | 316.71 | +0.008% | $6.0M | $21.3M | 50x | |
| RISEx TAO/USDC | +0.0840% | 1h | 316.82 | +0.043% | $446K | $673K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 317.10 | +0.133% | $1.2M | $7.3M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 319.36 | +0.846% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
MEXC TAO_USDT
edgeX TAOUSDC
Binance TAOUSDT
Orderly PERP_TAO_USDC
Bullet TAO-USD
GRVT TAO_USDT_Perp
Bulk TAO-USD
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Extended TAO-USD
BloFin TAO-USDT
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
Hyperliquid TAO
BingX TAO-USDT
Nado TAO-PERP
Phoenix TAO
Variational Omni TAO
Lighter TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP