Funding you earn now, next payment 20:00 UTC+0.0240%/8hnext payment +$0.30 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Popdex+0.309%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.421%−$42 · spread now +0.309%, 7d avg −0.050%
=Together, before fees−0.405%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.359% dearer against Popdex than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.050%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.016% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. 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 | Popdex TAOUSDT | 294.82 | 0.0096 | pay 0.0012% / 1h | 4m 10s | $35K | $482K | 20x |
| Short | Extended TAO-USD | 295.73 | 0.0336 | get 0.0042% / 1h | 4m 10s | $786K | $1.4M | 25x |
Popdex TAOUSDT
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Popdex. 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
- $50.4
- Price spread: +0.309% → −0.050%
- $35.93
- Slippage, 4 orders
- −$19.17
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $55.77
- Costs to cover
- 0.306%
- Break-even
- from the start
Slippage from Popdex: live order book, 29 min ago; Extended: 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 Popdex live order book, 29 min ago | 2.06 bp | 9.7 bp −$10 | 103.5 bp −$1,035 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.17 bp | 4.2 bp −$4 | 7.5 bp −$75 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.2681% | 1h | 291.45 | −1.143% | $192K | $44K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | −0.0158% | 1h | 295.87 | +0.356% | $5.4M | $14.1M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 294.57 | −0.085% | $75K | $35K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0010% | 1h | 295.59 | +0.263% | $35K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0080% | 1h | 295.84 | +0.346% | $36K | $1.1M | 25x | as long as short |
| Popdex TAOUSDTlong | +0.0096% | 1h | 294.82 | long leg | $35K | $482K | 20x | |
| Aster TAOUSDT | +0.0100% | 4h | 295.82 | +0.340% | $1.6M | $5.0M | 50x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 294.71 | −0.037% | $342K | $375K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 295.75 | +0.314% | $80.7M | $338.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 295.91 | +0.370% | $53.4M | $89.8M | 50x | as long as short |
Bulk TAO-USD
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Aster TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 295.70 | +0.298% | $23.3M | $72.7M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 294.85 | +0.010% | $129K | $580K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 295.70 | +0.298% | $11.7M | $45.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 295.83 | +0.343% | $106.2M | $107.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 294.93 | +0.037% | $19.8M | $21.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 295.57 | +0.254% | $33.4M | $37.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 295.82 | +0.339% | — | $27.7M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 292.37 | −0.830% | $3.2M | $5.4M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 292.48 | −0.792% | $38K | $272K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 292.20 | −0.889% | $523K | $884K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 292.18 | −0.895% | $44K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 295.03 | +0.071% | $85K | $506K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 295.72 | +0.305% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 295.75 | +0.315% | $54K | $235K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 295.56 | +0.251% | $1K | $1.6M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 296.69 | +0.634% | $124K | $312K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 295.86 | +0.353% | $3.1M | $7.5M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0102% | 8h | 295.27 | +0.153% | $1K | $348K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 295.89 | +0.363% | $162K | $998 | 3x | as long as short |
| Paradex TAO-USD-PERP | +0.0105% | 8h | 294.84 | +0.006% | $14K | $376 | 10x | as long as short |
| Nado TAO-PERP | +0.0179% | 1h | 295.10 | +0.094% | $1.0M | $1.3M | 10x | as long as short |
| Phoenix TAO | +0.0336% | 1h | 292.60 | −0.753% | $311K | $158K | 5x | as long as short |
| Extended TAO-USDshort | +0.0336% | 1h | 295.73 | +0.309% | $786K | $1.4M | 25x | |
| BloFin TAO-USDT | +0.0340% | 4h | 294.48 | −0.115% | $4.1M | $7.3M | 100x | as long as short |
| Lighter TAO | +0.0400% | 1h | 296.06 | +0.422% | $1.3M | $2.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0408% | 1h | 294.90 | +0.027% | $3K | $4K | 5x | as long as short |
| RISEx TAO/USDC | +0.0478% | 1h | 294.80 | −0.006% | $340K | $451K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0483% / S −0.0195% | 1h | 295.56 | +0.251% | $444K | — | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0675% | 1h | 294.92 | +0.034% | $373K | $536K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 295.51 | +0.234% | $340 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0872% | 1h | 296.51 | +0.573% | $1.5M | $4.4M | 50x | as long as short |
| Hyperliquid TAO | +0.1158% | 1h | 295.62 | +0.271% | $83.4M | $56.0M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.2947% | 1h | 294.49 | −0.112% | $21K | $39K | 12x | as long as short |
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
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
Katana Perps TAO-USD
Aevo TAO-PERP
Paradex TAO-USD-PERP
Nado TAO-PERP
Phoenix TAO
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
RISEx TAO/USDC
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Hyperliquid TAO
Injective TAO/USDC PERP