Funding you earn now, next payment 04:00 UTC+0.0439%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against Aster+0.030%7-day average −0.094% · 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−$21as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 5 days (all we have)−0.163%−$16 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.030%, 7d avg −0.094%
=Together, before fees−0.369%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.125% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.094%. Mind the row above: over the last 5 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.163% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 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 | Aster TAOUSDT | 317.05 | 0.0281 | pay 0.0141% / 4h | 2h 01m | $1.2M | $9.3M | 50x |
| Short | BingX TAO-USDT | 317.15 | 0.0720 | get 0.0360% / 4h | 2h 01m | — | $30.9M | — |
Aster TAOUSDT
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- $92.14
- Price spread: +0.030% → −0.094%
- $12.45
- Slippage, 4 orders
- −$15.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $70.64
- Costs to cover
- 0.339%
- Break-even
- 1.6 days
Slippage from Aster: live order book, 3 min ago; BingX: live order book, 8 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 Aster live order book, 3 min ago | 1.73 bp | 10.5 bp −$11 | 18.5 bp −$185 | 137.2 bp −$13.7K | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.95 bp | 7.4 bp −$7 | 12.7 bp −$127 | 28.9 bp −$2,890 | 59.3 bp −$29.7K |
TAO on 42 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 | −0.0185% | 1h | 315.28 | −0.560% | $167K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.60 | −0.143% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.63 | −0.135% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.10 | +0.014% | $43K | $646K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.13 | +0.023% | $91.5M | $466.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.20 | +0.046% | $26.3M | $114.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.80 | −0.080% | $12.9M | $51.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.00 | −0.017% | $103.7M | $140.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.76 | −0.093% | $18.0M | $30.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.98 | −0.024% | $35.4M | $53.4M | 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 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 318.38 | +0.418% | $36K | $301K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.81 | −0.077% | $76K | $721K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.75 | −0.096% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.45 | −0.191% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.86 | −0.061% | $129K | $471K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.75 | −0.096% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.26 | +0.065% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0115% | 8h | 317.01 | −0.014% | $674 | $727K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0166% / S +0.0103% | 1h | 316.58 | −0.149% | $430K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0167% | 1h | 316.69 | −0.115% | $5.6M | $20.5M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0188% | 1h | 318.70 | +0.519% | $48K | $252K | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0198% | 4h | 317.41 | +0.112% | $528K | $957K | 10x | as long as short |
| Bullet TAO-USD | +0.0221% | 1h | 316.91 | −0.045% | $12K | $18K | 20x | as long as short |
| Aster TAOUSDTlong | +0.0281% | 4h | 317.05 | long leg | $1.2M | $9.3M | 50x | |
| Pacifica TAO | +0.0285% | 1h | 316.92 | −0.043% | $369K | $396K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 317.12 | +0.021% | $100K | $489K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0355% | 8h | 316.66 | −0.124% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 321.23 | +1.317% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0539% | 1h | 316.99 | −0.021% | $757K | $2.1M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0564% | 1h | 316.84 | −0.066% | $14K | $1.6M | 25x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 318.30 | +0.393% | $334K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0656% | 1h | 317.20 | +0.046% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.84 | −0.068% | $364 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0712% | 4h | 317.28 | +0.071% | $67.3M | $138.0M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0720% | 4h | 317.15 | +0.030% | — | $30.9M | — | |
| Variational Omni TAO | +0.0848% | 4h | 316.96 | −0.030% | $6.1M | $9.5M | — | as long as short |
| Extended TAO-USD | +0.0888% | 1h | 316.80 | −0.080% | $893K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0912% | 1h | 317.18 | +0.039% | $320K | $805K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.23 | +0.055% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 316.97 | −0.027% | $448K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1336% | 1h | 317.57 | +0.163% | $100.0M | $97.3M | 5x | as long as short |
| Lighter TAO | +0.1344% | 1h | 317.37 | +0.099% | $1.6M | $6.1M | 5x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
ApeX Omni TAOUSDT
GRVT TAO_USDT_Perp
Bullet TAO-USD
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Injective TAO/USDC PERP
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Bybit TAOUSDT
Variational Omni TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO