Funding you earn now, next payment 03:00 UTC+0.0688%/8h= +75.3% APRnext payment +$0.86 per $10,000 · paid last 24h −0.027%
Price spread now: Extended against GMX−0.194%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.285%−$29 on $10k
+Price spread, last 4 days (all we have)−0.305%−$31 · spread now −0.194%, 7d avg −0.031%
=Together, before fees−0.590%+ Points / potential airdropExtended: Active · farm board−$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.163% cheaper against GMX than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of −0.031%). If the spread goes back, that is −$16 on $10k: about 19 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 3 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TAO/USD [WBTC.b-USDC] | 323.56 | L +0.0160% / S +0.0125% | pay 0.0020% / 1h | 27m 32s | $449K | — | 100x |
| Short | Extended TAO-USD | 322.93 | 0.0848 | get 0.0106% / 1h | 27m 32s | $949K | $2.3M | 25x |
GMX TAO/USD [WBTC.b-USDC]
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. 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
- $144.39
- Price spread: −0.194% → −0.031%
- −$16.31
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $111.08
- Costs to cover
- 0.170%
- Break-even
- 1.6 days
Slippage unknown: GMX: no order-book sample; Extended: live order book, 1 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 2.01 bp | 8.5 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.5583% | 1h | 316.49 | −2.185% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 323.14 | −0.130% | $129K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 323.60 | +0.013% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 322.93 | −0.195% | $34K | $676K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 323.63 | +0.023% | $94.6M | $479.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 323.10 | −0.143% | $26.6M | $119.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 323.00 | −0.173% | $13.2M | $49.8M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 323.42 | −0.044% | $100.5M | $141.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 323.53 | −0.010% | $18.1M | $31.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 322.98 | −0.180% | $36.2M | $54.6M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 324.24 | +0.210% | $37K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 323.90 | +0.105% | $87K | $791K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 323.49 | −0.022% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 323.73 | +0.052% | $131K | $482K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 323.66 | +0.030% | $3.5M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 323.86 | +0.093% | $178K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0115% | 4h | 323.68 | +0.037% | $58K | $282K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0116% | 8h | 323.16 | −0.124% | $687 | $776K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]long | L +0.0160% / S +0.0125% | 1h | 323.56 | long leg | $449K | — | 100x | |
| Kraken Futures PF_TAOUSD | +0.0242% | 1h | 323.74 | +0.054% | $5.7M | $20.6M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0264% | 4h | 323.95 | +0.120% | $537K | $964K | 10x | as long as short |
| Bullet TAO-USD | +0.0285% | 1h | 323.88 | +0.098% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0305% | 8h | 323.30 | −0.082% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 322.64 | −0.285% | $4.6M | $11.2M | 100x | as long as short |
| Aster TAOUSDT | +0.0371% | 4h | 323.46 | −0.032% | $1.1M | $9.6M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 323.55 | −0.003% | $383K | $402K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 324.60 | +0.321% | $339K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 323.33 | −0.072% | $101K | $487K | 5x | as long as short |
| BingX TAO-USDT | +0.0558% | 4h | 323.21 | −0.109% | — | $30.3M | — | as long as short |
| Bybit TAOUSDT | +0.0563% | 4h | 323.40 | −0.050% | $70.9M | $143.7M | 50x | as long as short |
| Nado TAO-PERP | +0.0572% | 1h | 323.90 | +0.105% | $793K | $2.2M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0685% | 1h | 323.84 | +0.087% | $21K | $1.6M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 323.95 | +0.120% | $373 | — | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0723% | 1h | 323.82 | +0.080% | $48K | $253K | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 323.51 | −0.016% | $3K | $4K | 5x | as long as short |
| Extended TAO-USDshort | +0.0848% | 1h | 322.93 | −0.194% | $949K | $2.3M | 25x | |
| Variational Omni TAO | +0.0868% | 4h | 323.85 | +0.089% | $6.0M | $9.8M | — | as long as short |
| Lighter TAO | +0.0912% | 1h | 323.94 | +0.118% | $1.6M | $6.3M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 324.38 | +0.253% | $1.5M | $6.8M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1062% | 1h | 323.84 | +0.086% | $445K | $860K | 10x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 323.15 | −0.126% | $468K | $647K | 5x | as long as short |
| Hyperliquid TAO | +0.1267% | 1h | 323.94 | +0.117% | $101.9M | $99.1M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | −0.059% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
Kraken Futures PF_TAOUSD
GRVT TAO_USDT_Perp
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
BingX TAO-USDT
Bybit TAOUSDT
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
ApeX Omni TAOUSDT
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP