Funding you earn now, next payment 00:00 UTC+0.4672%/8h= +511.6% APRpaid last 24h +0.318%
Price spread now: Aster against Bulk−1.190%7-day average +0.123% · 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−$157as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 3 days (all we have)+0.439%+$44 on $10k
+Price spread, last 4 days (all we have)+1.359%+$136 · spread now −1.190%, 7d avg +0.123%
=Together, before fees+1.797%+ Points / potential airdropAster: Stage 5 · farm board+$180 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 1.313% cheaper against Bulk than usual: you would sell low and buy high (spread −1.190% now, against its 7-day average of +0.123%). If the spread goes back, that is −$131 on $10k: about 22 hours of funding at the current rate (+$140 a day). At the pace of the last 3 days (+0.439% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.439% in total (about 47.1% 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 | Bulk TAO-USD | 315.57 | −0.4493 | get 0.0562% / 1h | 24m 47s | $169K | $47K | 10x |
| Short | Aster TAOUSDT | 311.82 | 0.0180 | get 0.0090% / 4h | 24m 47s | $1.1M | $7.9M | 50x |
Bulk TAO-USD
Aster TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bulk. 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
- $981.21
- Price spread: −1.190% → +0.123%
- −$131.28
- Slippage, 4 orders
- −$11.1
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $823.83
- Costs to cover
- 0.261%
- Break-even
- 1.1 days
Slippage from Bulk: live order book, 54 min ago; Aster: 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 Bulk live order book, 54 min ago | 0.17 bp | 4.1 bp −$4 | 7.9 bp −$79 | 26.7 bp −$2,669 | 54.0 bp −$27.0K |
| Sell Aster live order book, 4 min ago | 1.75 bp | 10.4 bp −$10 | 21.9 bp −$219 | 245.2 bp −$24.5K | 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-USDlong | −0.4493% | 1h | 315.57 | long leg | $169K | $47K | 10x | |
| dYdX TAO-USD | 0.0000% | 1h | 311.85 | −1.180% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.68 | −1.234% | $20K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.95 | −0.196% | $23K | $361 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 312.02 | −1.125% | $35K | $564K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.24 | −1.055% | $370K | $363K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.74 | −1.213% | $88.4M | $427.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.89 | −1.166% | $61.2M | $125.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.70 | −1.226% | $25.1M | $101.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.60 | −1.258% | $12.4M | $50.0M | 50x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 311.85 | −1.179% | $110.1M | $130.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.91 | −1.160% | $18.5M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.43 | −1.312% | $34.7M | $46.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 311.79 | −1.198% | — | $30.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.93 | −0.519% | $41K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 313.92 | −0.524% | $521K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.77 | −0.570% | $47K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.22 | −1.062% | $76K | $486K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.92 | −1.157% | $11K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.83 | −1.185% | $60K | $275K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.66 | −1.239% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.92 | −1.157% | $126K | $407K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 311.92 | −1.157% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.11 | −1.098% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 311.88 | −1.169% | $1K | $554K | 5x | as long as short |
| Aster TAOUSDTshort | +0.0180% | 4h | 311.82 | −1.190% | $1.1M | $7.9M | 50x | |
| Arcus TAO-USD | +0.0186% | 1h | 312.34 | −1.024% | $82K | $585K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0190% | 8h | 312.11 | −1.096% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0199% | 4h | 312.46 | −0.986% | $4.0M | $7.0M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0202% | 1h | 311.88 | −1.168% | $20K | $1.5M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.00 | −1.131% | $4.4M | $10.5M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0450% | 1h | 312.06 | −1.113% | $5.7M | $19.9M | 50x | as long as short |
| Nado TAO-PERP | +0.0454% | 1h | 312.03 | −1.121% | $824K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 311.69 | −1.230% | $447K | — | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0519% | 1h | 312.01 | −1.128% | $291K | $804K | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 314.20 | −0.434% | $329K | $521K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 312.15 | −1.084% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 312.07 | −1.108% | $359 | — | 20x | as long as short |
| Extended TAO-USD | +0.0856% | 1h | 311.74 | −1.214% | $855K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 313.04 | −0.802% | $1.5M | $5.8M | 50x | as long as short |
| Lighter TAO | +0.1224% | 1h | 312.42 | −0.997% | $1.6M | $5.8M | 5x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 312.10 | −1.100% | $435K | $567K | 5x | as long as short |
| Hyperliquid TAO | +0.1710% | 1h | 312.20 | −1.068% | $97.4M | $83.8M | 5x | as long as short |
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
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Lighter TAO
RISEx TAO/USDC
Hyperliquid TAO