Funding you earn now, next payment 01:00 UTC−0.0504%/8h= −55.2% APRpaid last 24h −0.144%
Price spread now: Aster against Reya−0.479%46s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Aster is 0.479% cheaper against Reya than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya TAORUSDPERP | 314.60 | 0.0696 | pay 0.0087% / 1h | 1m 44s | $362 | — | 20x |
| Short | Aster TAOUSDT | 313.09 | 0.0191 | get 0.0096% / 4h | 3h 01m | $1.3M | $9.0M | 50x |
Reya TAORUSDPERP
Aster TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Reya. 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
- −$105.92
- Price spread: −0.479% → 0.000%
- −$47.88
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$167.8
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aster: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 2 min ago | 1.75 bp | 7.7 bp −$8 | 19.5 bp −$195 | 160.6 bp −$16.1K | doesn't fit |
Reya: 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 | −0.1228% | 1h | 316.14 | +0.489% | $168K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.65 | +0.015% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 314.10 | −0.160% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.66 | +0.019% | $44K | $605K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.08 | −0.164% | $90.2M | $452.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.00 | −0.191% | $25.5M | $108.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.10 | −0.477% | $12.7M | $51.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.37 | −0.391% | $100.5M | $137.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.00 | −0.509% | $18.2M | $29.8M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.91 | −0.219% | $34.9M | $51.7M | 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 | 317.06 | +0.780% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.35 | +0.556% | $524K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.19 | −0.130% | $56K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.88 | −0.229% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.03 | −0.181% | $125K | $422K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.55 | −0.018% | $173K | $998 | 3x | as long as short |
| Bullet TAO-USD | +0.0109% | 1h | 314.49 | −0.035% | $12K | $17K | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0113% | 1h | 314.05 | −0.176% | $16K | $1.5M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0117% | 1h | 316.47 | +0.594% | $48K | $267K | 50x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 314.92 | +0.102% | $644 | $648K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0102% | 1h | 314.07 | −0.167% | $445K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 314.74 | +0.044% | $373K | $376K | 10x | as long as short |
| Aster TAOUSDTshort | +0.0191% | 4h | 313.09 | −0.479% | $1.3M | $9.0M | 50x | |
| Arcus TAO-USD | +0.0201% | 1h | 314.57 | −0.010% | $83K | $550K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 314.44 | −0.052% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0260% | 1h | 314.64 | +0.013% | $92K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.26 | −0.108% | $4.4M | $10.7M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0488% | 1h | 314.08 | −0.167% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 317.00 | +0.763% | $332K | $624K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 314.68 | +0.025% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 320.46 | +1.863% | $23K | $2K | 12x | as long as short |
| Variational Omni TAO | +0.0571% | 4h | 316.78 | +0.692% | $5.5M | $8.7M | — | as long as short |
| Phemex TAOUSDT | +0.0593% | 4h | 314.20 | −0.127% | $3.4M | $7.8M | 50x | as long as short |
| Reya TAORUSDPERPlong | +0.0696% | 1h | 314.60 | long leg | $362 | — | 20x | |
| BingX TAO-USDT | +0.0704% | 4h | 313.92 | −0.216% | — | $30.7M | — | as long as short |
| Nado TAO-PERP | +0.0746% | 1h | 314.59 | −0.003% | $778K | $2.1M | 10x | as long as short |
| Bybit TAOUSDT | +0.0752% | 4h | 314.11 | −0.156% | $64.0M | $134.6M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0797% | 1h | 313.64 | −0.305% | $317K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 314.86 | +0.082% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1088% | 1h | 313.29 | −0.416% | $874K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 314.41 | −0.061% | $417K | $602K | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 314.45 | −0.048% | $1.6M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1724% | 1h | 314.45 | −0.048% | $100.6M | $91.7M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Bullet TAO-USD
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Variational Omni TAO
Phemex TAOUSDT
BingX TAO-USDT
Nado TAO-PERP
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO