Funding you earn now, next payment 05:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.123%
Price spread now: SunX against Lighter+0.009%7-day average −0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.009%, 7d avg −0.078%
=Together, before fees−0.219%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.087% dearer against Lighter than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.078%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.175% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% 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 | Lighter TAO | 311.85 | 0.0408 | pay 0.0051% / 1h | 43m 32s | $1.5M | $6.5M | 5x |
| Short | SunX TAO-USDT | 311.88 | 0.0100 | get 0.0050% / 4h | 3h 43m | $1K | $1.9M | 20x |
Lighter TAO
SunX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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
- −$64.68
- Price spread: +0.009% → −0.078%
- $8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$63.98
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 5 min ago; SunX: live order book, 2 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 Lighter live order book, 5 min ago | 1.93 bp | 10.6 bp −$11 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 500.23 bp | doesn't fit | doesn't fit | doesn't fit | 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 | −0.0348% | 1h | 311.84 | −0.005% | $5.5M | $20.7M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 311.44 | −0.133% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.72 | −0.042% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.79 | −0.020% | $45K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 311.48 | −0.119% | $638 | $818K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 311.72 | −0.041% | $356K | $413K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.51 | −0.111% | $89.4M | $498.1M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.42 | −0.139% | $67.0M | $150.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.30 | −0.177% | $25.9M | $120.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.40 | −0.145% | $13.0M | $49.6M | 50x | as long as short |
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
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 | 311.65 | −0.065% | $101.0M | $144.2M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.53 | −0.103% | $17.8M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.52 | −0.106% | $34.8M | $56.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 311.63 | −0.071% | — | $33.1M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.19 | +0.110% | $41K | $314K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.95 | +0.030% | $529K | $955K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 311.85 | −0.001% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.38 | −0.151% | $82K | $870K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.03 | +0.057% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDTshort | +0.0100% | 4h | 311.88 | +0.009% | $1K | $1.9M | 20x | |
| HTX TAO-USDT | +0.0100% | 4h | 311.42 | −0.139% | $109K | $537K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.89 | +0.012% | $171K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0114% | 4h | 311.78 | −0.023% | $52K | $270K | 10x | as long as short |
| Aster TAOUSDT | +0.0115% | 4h | 311.60 | −0.081% | $1.2M | $10.4M | 50x | as long as short |
| Bulk TAO-USD | +0.0125% | 1h | 311.89 | +0.012% | $166K | $333 | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0141% / S +0.0131% | 1h | 311.71 | −0.045% | $415K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0143% | 8h | 311.53 | −0.105% | $14K | $1K | 10x | as long as short |
| Extended TAO-USD | +0.0184% | 1h | 311.70 | −0.050% | $913K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 311.97 | +0.038% | $101K | $392K | 5x | as long as short |
| Hyperliquid TAO | +0.0235% | 1h | 311.74 | −0.036% | $91.5M | $107.3M | 5x | as long as short |
| Nado TAO-PERP | +0.0264% | 1h | 311.58 | −0.088% | $789K | $2.2M | 10x | as long as short |
| Variational Omni TAO | +0.0324% | 4h | 312.10 | +0.080% | $5.5M | $10.0M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.24 | +0.124% | $4.5M | $10.8M | 100x | as long as short |
| Phemex TAOUSDT | +0.0366% | 4h | 311.93 | +0.025% | $3.2M | $8.1M | 50x | as long as short |
| Lighter TAOlong | +0.0408% | 1h | 311.85 | long leg | $1.5M | $6.5M | 5x | |
| Backpack TAO_USDC_PERP | +0.0409% | 1h | 312.04 | +0.060% | $310K | $906K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0424% | 1h | 311.98 | +0.041% | $3K | $4K | 5x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.50 | +0.208% | $311K | $711K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0530% | 1h | 311.92 | +0.022% | $29K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.43 | −0.137% | $358 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 311.75 | −0.032% | $435K | $657K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.52 | +0.214% | $1.5M | $6.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 317.38 | +1.773% | $23K | $2K | 12x | 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
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Aster TAOUSDT
Bulk TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Extended TAO-USD
Arcus TAO-USD
Hyperliquid TAO
Nado TAO-PERP
Variational Omni TAO
BloFin TAO-USDT
Phemex TAOUSDT
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP