Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: OKX against Extended+0.093%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.093%, 7d avg +0.003%
=Together, before fees−0.263%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.090% dearer against Extended than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of +0.003%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.151% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% 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 | Extended TAO-USD | 312.61 | 0.0320 | pay 0.0040% / 1h | 15m 48s | $914K | $2.4M | 25x |
| Short | OKX TAO-USDT-SWAP | 312.90 | 0.0100 | get 0.0100% / 8h | 3h 15m | $26.1M | $121.1M | 50x |
Extended TAO-USD
OKX TAO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$46.2
- Price spread: +0.093% → +0.003%
- $8.96
- Slippage, 4 orders
- −$19.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$71.27
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; OKX: live order book, 3 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 Extended live order book, 3 min ago | 3.84 bp | 6.6 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.60 bp | 9.5 bp −$9 | 14.9 bp −$149 | 62.9 bp −$6,295 | 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 | −0.0347% | 1h | 312.44 | −0.055% | $5.5M | $20.7M | 50x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.33 | −0.089% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0011% | 1h | 312.57 | −0.013% | $125K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 312.56 | −0.016% | $46K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0099% | 8h | 312.45 | −0.051% | $640 | $845K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.87 | +0.084% | $356K | $416K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.96 | +0.113% | $89.6M | $501.3M | 75x | as long as short |
| OKX TAO-USDT-SWAPshort | +0.0100% | 8h | 312.90 | +0.093% | $26.1M | $121.1M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 312.50 | −0.035% | $13.3M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.66 | +0.016% | $103.1M | $145.6M | 300x | as long as short |
Kraken Futures PF_TAOUSD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.59 | −0.006% | $17.8M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.51 | −0.032% | $35.1M | $56.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 311.63 | −0.314% | $41K | $314K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.55 | −0.339% | $529K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.33 | −0.089% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.40 | −0.067% | $82K | $905K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.63 | +0.007% | $12K | $17K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.33 | −0.089% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.20 | −0.131% | $110K | $542K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.63 | +0.007% | $3.1M | $8.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0104% | 4h | 312.75 | +0.045% | — | $33.7M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.71 | +0.034% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0115% | 4h | 312.53 | −0.025% | $52K | $290K | 10x | as long as short |
| Aster TAOUSDT | +0.0117% | 4h | 312.85 | +0.078% | $1.3M | $10.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0136% / S +0.0132% | 1h | 312.30 | −0.100% | $422K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0160% | 8h | 312.93 | +0.101% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0200% | 4h | 312.96 | +0.112% | $67.4M | $150.6M | 50x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 313.06 | +0.144% | $101K | $394K | 5x | as long as short |
| Extended TAO-USDlong | +0.0320% | 1h | 312.61 | long leg | $914K | $2.4M | 25x | |
| Variational Omni TAO | +0.0323% | 4h | 312.65 | +0.013% | $5.5M | $10.1M | — | as long as short |
| Nado TAO-PERP | +0.0333% | 1h | 312.59 | −0.007% | $789K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.40 | +0.253% | $4.5M | $10.8M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0428% | 1h | 312.50 | −0.034% | $13K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.70 | +0.349% | $312K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0478% | 1h | 313.03 | +0.135% | $91.9M | $107.8M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0488% | 1h | 312.97 | +0.115% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0505% | 1h | 312.63 | +0.007% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0640% | 1h | 313.16 | +0.177% | $1.5M | $6.5M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.52 | −0.028% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.63 | +0.007% | $443K | $647K | 5x | as long as short |
| Bulk TAO-USD | +0.0817% | 1h | 310.92 | −0.540% | $165K | $333 | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 313.56 | +0.304% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 316.67 | +1.299% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
BingX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Bybit TAOUSDT
Arcus TAO-USD
Variational Omni TAO
Nado TAO-PERP
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Bulk TAO-USD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP