Funding you earn now, next payment 07:00 UTC+0.0786%/8h= +86.1% APRpaid last 24h +0.048%
Price spread now: Kraken Futures against Aster+0.123%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 6 days (all we have)+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.123%, 7d avg +0.015%
=Together, before fees+0.094%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.108% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.015%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.118% in total (about 7.6% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAOUSDT | 320.81 | 0.0363 | pay 0.0181% / 4h | 1h 14m | $1.3M | $10.9M | 50x |
| Short | Kraken Futures PF_TAOUSD | 321.21 | 0.1149 | get 0.0144% / 1h | 14m 48s | $6.0M | $21.7M | 50x |
Aster TAOUSDT
Kraken Futures PF_TAOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $165.15
- Price spread: +0.123% → +0.015%
- $10.79
- Slippage, 4 orders
- −$26.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $131.06
- Costs to cover
- 0.449%
- Break-even
- 1.4 days
Slippage from Aster: live order book, 4 min ago; Kraken Futures: 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 Aster live order book, 4 min ago | 1.87 bp | 8.3 bp −$8 | 17.6 bp −$176 | 143.0 bp −$14.3K | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 7.46 bp | 13.2 bp −$13 | 21.7 bp −$217 | 107.4 bp −$10.7K | 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 | −0.2264% | 1h | 322.24 | +0.445% | $171K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.84 | +0.007% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 320.81 | −0.003% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 321.17 | +0.111% | $44K | $704K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.80 | −0.005% | $26.9M | $130.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.70 | −0.036% | $14.4M | $52.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.90 | +0.027% | $18.0M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.57 | −0.076% | $36.0M | $58.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.89 | +0.023% | $45K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 321.14 | +0.101% | $85K | $1.2M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 320.87 | +0.017% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.85 | +0.011% | $117K | $598K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0108% | 8h | 321.11 | +0.092% | $729 | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0115% / S +0.0154% | 1h | 320.71 | −0.032% | $423K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 321.05 | +0.074% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0128% | 4h | 320.96 | +0.045% | $53K | $293K | 10x | as long as short |
| MEXC TAO_USDT | +0.0196% | 4h | 320.85 | +0.011% | $107.3M | $151.1M | 300x | as long as short |
| Binance TAOUSDT | +0.0197% | 4h | 320.86 | +0.014% | $93.1M | $528.0M | 75x | as long as short |
| edgeX TAOUSDC | +0.0206% | 4h | 320.99 | +0.054% | $42K | $319K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0268% | 8h | 321.38 | +0.178% | $15K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0297% | 4h | 320.89 | +0.023% | $70.5M | $156.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0316% | 4h | 320.94 | +0.039% | — | $35.0M | — | as long as short |
| Phemex TAOUSDT | +0.0331% | 4h | 321.00 | +0.058% | $3.3M | $8.1M | 50x | as long as short |
| Bullet TAO-USD | +0.0344% | 1h | 321.07 | +0.078% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDTlong | +0.0363% | 4h | 320.81 | long leg | $1.3M | $10.9M | 50x | |
| Extended TAO-USD | +0.0408% | 1h | 320.85 | +0.012% | $913K | $2.4M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0418% | 4h | 321.37 | +0.172% | $545K | $937K | 10x | as long as short |
| BloFin TAO-USDT | +0.0437% | 4h | 321.30 | +0.151% | $4.7M | $11.1M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0475% | 1h | 321.11 | +0.093% | $15K | $2.0M | 25x | as long as short |
| Nado TAO-PERP | +0.0515% | 1h | 321.28 | +0.146% | $799K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0519% | 4h | 320.56 | −0.080% | $5.7M | $10.2M | — | as long as short |
| Pacifica TAO | +0.0525% | 1h | 321.39 | +0.181% | $366K | $428K | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 322.20 | +0.432% | $321K | $709K | 5x | as long as short |
| Hyperliquid TAO | +0.0641% | 1h | 320.98 | +0.052% | $95.0M | $110.0M | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 321.31 | +0.154% | $104K | $389K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 321.26 | +0.139% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 321.05 | +0.074% | $369 | — | 20x | as long as short |
| Lighter TAO | +0.0704% | 1h | 321.30 | +0.153% | $1.6M | $6.8M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0714% | 1h | 321.19 | +0.117% | $299K | $905K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 321.77 | +0.298% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 320.92 | +0.032% | $444K | $674K | 5x | as long as short |
| Kraken Futures PF_TAOUSDshort | +0.1149% | 1h | 321.21 | +0.123% | $6.0M | $21.7M | 50x | |
| Injective TAO/USDC PERP | +0.4723% | 1h | 325.94 | +1.598% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
MEXC TAO_USDT
Binance TAOUSDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Phemex TAOUSDT
Bullet TAO-USD
Extended TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Variational Omni TAO
Pacifica TAO
Phoenix TAO
Hyperliquid TAO
Arcus TAO-USD
01 Exchange TAOUSD
Reya TAORUSDPERP
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP