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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0335%/8h= −36.7% APRnext payment $1.68 per $10,000 · paid last 24h −0.072%
Price spread now: SunX against BloFin−0.094%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.390%−$39 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.094%, 7d avg −0.024%
Together, before fees−0.313%−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.070% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAO-USDT319.370.0435pay 0.0218% / 4h9m 09s$4.7M$11.0M100x
ShortSunX TAO-USDT319.070.0100get 0.0050% / 4h9m 09s$2K$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$70.45
Price spread: −0.094% → −0.024%
−$6.97
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$97.42
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago0.16 bp7.8 bp −$89.9 bp −$9931.0 bp −$3,103doesn't fit
Sell SunX live order book, 7 min ago500.16 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h319.24−0.042%$22K150xas long as short
dYdX TAO-USD+0.0068%1h319.58+0.067%$128K$86K5xas long as short
Popdex TAOUSDT+0.0096%1h319.67+0.094%$48K$714K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h319.30−0.022%$26.5M$132.3M50xas long as short
Gate TAO_USDT+0.0100%4h319.00−0.116%$14.8M$52.3M50xas long as short
KuCoin TAOUSDTM+0.0100%4h319.13−0.075%$17.9M$32.5M75xas long as short
Bitget TAOUSDT+0.0100%4h319.03−0.106%$36.0M$58.1M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h320.28+0.285%$88K$1.2M5xas long as short
SunX TAO-USDTshort+0.0100%4h319.07−0.094%$2K$2.0M20x
HTX TAO-USDT+0.0100%4h318.76−0.191%$117K$603K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TAO/USD [WBTC.b-USDC]L +0.0103% / S +0.0137%1h319.32−0.016%$412K100xas long as short
Katana Perps TAO-USD+0.0106%8h319.55+0.056%$1K$1.2M5xas long as short
ApeX Omni TAOUSDT+0.0121%1h319.65+0.088%$46K$259K50xas long as short
Aevo TAO-PERP+0.0128%1h319.49+0.036%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0178%4h319.33−0.013%$52K$294K10xas long as short
edgeX TAOUSDC+0.0189%4h319.75+0.117%$42K$319K10xas long as short
MEXC TAO_USDT+0.0192%4h319.370.000%$104.4M$152.8M300xas long as short
Binance TAOUSDT+0.0195%4h319.70+0.103%$92.5M$533.6M75xas long as short
Paradex TAO-USD-PERP+0.0266%8h319.82+0.142%$15K$1K10xas long as short
BingX TAO-USDT+0.0272%4h319.26−0.034%$37.4Mas long as short
Bybit TAOUSDT+0.0278%4h319.42+0.016%$70.2M$157.2M50xas long as short
Bullet TAO-USD+0.0303%1h319.86+0.153%$12K$17K20xas long as short
Pacifica TAO+0.0313%1h319.78+0.129%$375K$465K10xas long as short
GRVT TAO_USDT_Perp+0.0318%4h319.67+0.093%$544K$896K10xas long as short
Aster TAOUSDT+0.0357%4h319.30−0.022%$1.3M$11.0M50xas long as short
Extended TAO-USD+0.0384%1h319.18−0.058%$911K$2.4M25xas long as short
Phemex TAOUSDT+0.0398%4h319.20−0.053%$3.2M$8.1M50xas long as short
BloFin TAO-USDTlong+0.0435%4h319.37long leg$4.7M$11.0M100x
Nado TAO-PERP+0.0459%1h320.42+0.328%$788K$2.0M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0460%1h319.13−0.076%$15K$1.9M25xas long as short
Arcus TAO-USD+0.0473%1h319.93+0.175%$101K$384K5xas long as short
Variational Omni TAO+0.0568%4h319.84+0.147%$5.6M$10.1Mas long as short
Phoenix TAO+0.0629%1h319.90+0.166%$322K$703K5xas long as short
Lighter TAO+0.0632%1h319.53+0.049%$1.6M$6.9M5xas long as short
01 Exchange TAOUSD+0.0688%1h320.17+0.250%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0698%1h320.38+0.315%$36820xas long as short
Backpack TAO_USDC_PERP+0.0700%1h319.31−0.019%$298K$905K10xas long as short
Hyperliquid TAO+0.0705%1h319.43+0.019%$94.5M$110.1M5xas long as short
Kraken Futures PF_TAOUSD+0.0830%1h319.30−0.021%$6.0M$21.7M50xas long as short
RISEx TAO/USDC+0.0831%1h319.66+0.090%$453K$662K5xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h319.59+0.069%$1.3M$7.2M50xas long as short
Bulk TAO-USD+0.1572%1h317.17−0.689%$169K$010xas long as short
Injective TAO/USDC PERP+0.4513%1h322.44+0.961%$23K$2K12xas long as short