Funding you earn now, next payment 05:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +0.053%
Price spread now: Extended against Arcus−0.048%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 4 days (all we have)+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now −0.048%, 7d avg −0.121%
=Together, before fees−0.154%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.073% dearer against Arcus than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.121%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 4 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TAO-USD | 311.93 | 0.0231 | pay 0.0029% / 1h | 44m 59s | $101K | $392K | 5x |
| Short | Extended TAO-USD | 311.78 | 0.0176 | get 0.0022% / 1h | 44m 59s | $913K | $2.4M | 25x |
Arcus TAO-USD
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Arcus. 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
- −$11.6
- Price spread: −0.048% → −0.121%
- $7.27
- Slippage, 4 orders
- −$23.86
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$37.7
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 9 min ago; Extended: live order book, 4 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 Arcus live order book, 9 min ago | 5.09 bp | 14.4 bp −$14 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.72 bp | 5.5 bp −$6 | 9.4 bp −$94 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0348% | 1h | 312.12 | +0.060% | $5.5M | $20.6M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 311.36 | −0.183% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.82 | −0.035% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.83 | −0.032% | $45K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 311.88 | −0.016% | $2K | $813K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 311.65 | −0.090% | $356K | $413K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.93 | 0.000% | $89.6M | $497.8M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.91 | −0.006% | $67.1M | $149.9M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.80 | −0.042% | $25.9M | $120.2M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 315.10 | +1.016% | $167K | $2K | 10x | as long as short |
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDT | +0.0100% | 4h | 311.80 | −0.042% | $13.0M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.85 | −0.026% | $101.1M | $144.2M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.73 | −0.064% | $17.7M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.56 | −0.119% | $34.9M | $56.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 312.07 | +0.045% | — | $33.1M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.19 | +0.085% | $41K | $314K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.93 | −0.001% | $529K | $955K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 311.96 | +0.010% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.59 | −0.109% | $82K | $870K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.94 | +0.003% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.75 | −0.058% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.63 | −0.096% | $109K | $536K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.02 | +0.030% | $171K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0114% | 4h | 312.06 | +0.042% | $52K | $270K | 10x | as long as short |
| Aster TAOUSDT | +0.0117% | 4h | 312.05 | +0.037% | $1.2M | $10.4M | 50x | as long as short |
| Phemex TAOUSDT | +0.0127% | 4h | 312.00 | +0.022% | $3.2M | $8.1M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0141% / S +0.0131% | 1h | 311.74 | −0.061% | $415K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0141% | 8h | 311.92 | −0.002% | $14K | $1K | 10x | as long as short |
| Extended TAO-USDshort | +0.0176% | 1h | 311.78 | −0.048% | $913K | $2.4M | 25x | |
| Hyperliquid TAO | +0.0216% | 1h | 312.29 | +0.115% | $91.7M | $107.2M | 5x | as long as short |
| Arcus TAO-USDlong | +0.0231% | 1h | 311.93 | long leg | $101K | $392K | 5x | |
| Nado TAO-PERP | +0.0255% | 1h | 311.77 | −0.050% | $790K | $2.2M | 10x | as long as short |
| Variational Omni TAO | +0.0324% | 4h | 312.10 | +0.055% | $5.5M | $10.0M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.24 | +0.099% | $4.5M | $10.8M | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0396% | 1h | 312.18 | +0.080% | $310K | $906K | 10x | as long as short |
| Lighter TAO | +0.0400% | 1h | 312.44 | +0.163% | $1.5M | $6.5M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0416% | 1h | 311.92 | −0.003% | $3K | $4K | 5x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.50 | +0.183% | $311K | $711K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0624% | 1h | 312.22 | +0.093% | $33K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.81 | −0.040% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 311.81 | −0.040% | $433K | $650K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.68 | +0.240% | $1.5M | $6.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 317.38 | +1.747% | $23K | $2K | 12x | as long as short |
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Aster TAOUSDT
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Hyperliquid TAO
Nado TAO-PERP
Variational Omni TAO
BloFin TAO-USDT
Backpack TAO_USDC_PERP
Lighter TAO
01 Exchange TAOUSD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP