Funding you earn now, next payment 02:00 UTC+0.0735%/8h= +80.5% APRpaid last 24h +0.202%
Price spread now: Coinbase International against Aster−0.280%7-day average +0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 5 days (all we have)+0.375%+$38 on $10k
+Price spread, last 4 days (all we have)+0.475%+$48 · spread now −0.280%, 7d avg +0.147%
=Together, before fees+0.851%+ Points / potential airdropAster: Stage 5 · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.427% cheaper against Aster than usual: you would sell low and buy high (spread −0.280% now, against its 7-day average of +0.147%). If the spread goes back, that is −$43 on $10k: about 46 hours of funding at the current rate (+$22 a day). At the pace of the last 5 days (+0.375% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.375% in total (about 25.1% 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 | Aster TAOUSDT | 317.55 | 0.0289 | pay 0.0144% / 4h | 1h 10m | $1.2M | $10.1M | 50x |
| Short | Coinbase International TAO-PERP-INTX | 316.66 | 0.1024 | get 0.0128% / 1h | 10m 02s | $1.5M | $6.8M | 50x |
Aster TAOUSDT
Coinbase International TAO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $154.35
- Price spread: −0.280% → +0.147%
- −$42.68
- Slippage, 4 orders
- −$38.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $55.26
- Costs to cover
- 0.564%
- Break-even
- 4.5 days
Slippage from Aster: live order book, 4 min ago; Coinbase International: 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 Aster live order book, 4 min ago | 0.79 bp | 10.5 bp −$10 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 13.36 bp | 18.7 bp −$19 | 22.8 bp −$228 | 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 | −0.1916% | 1h | 325.17 | +2.400% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.64 | +0.027% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.12 | −0.136% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.49 | −0.019% | $40K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.75 | +0.062% | $92.4M | $490.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.40 | −0.047% | $26.2M | $120.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.50 | −0.016% | $13.0M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.34 | −0.066% | $102.2M | $143.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.30 | −0.079% | $17.7M | $31.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.26 | −0.091% | $35.4M | $55.7M | 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 | 316.42 | −0.355% | $35K | $301K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.32 | −0.072% | $88K | $795K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.21 | −0.107% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.33 | −0.069% | $128K | $482K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.40 | −0.047% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 317.07 | −0.151% | $674 | $776K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0126% | 4h | 317.21 | −0.107% | $57K | $276K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0157% / S +0.0112% | 1h | 317.16 | −0.124% | $430K | — | 100x | as long as short |
| Phemex TAOUSDT | +0.0171% | 4h | 317.22 | −0.104% | $3.4M | $7.9M | 50x | as long as short |
| Bullet TAO-USD | +0.0178% | 1h | 317.33 | −0.069% | $13K | $18K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0192% | 4h | 315.38 | −0.683% | $523K | $951K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0247% | 1h | 317.30 | −0.080% | $5.6M | $20.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0253% | 8h | 317.45 | −0.031% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0275% | 1h | 317.44 | −0.033% | $15K | $1.6M | 25x | as long as short |
| Aster TAOUSDTlong | +0.0289% | 4h | 317.55 | long leg | $1.2M | $10.1M | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 317.43 | −0.038% | $3.9M | $11.3M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0371% | 1h | 316.95 | −0.189% | $47K | $253K | 50x | as long as short |
| Bybit TAOUSDT | +0.0410% | 4h | 317.85 | +0.095% | $69.7M | $146.2M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 317.59 | +0.013% | $375K | $405K | 10x | as long as short |
| BingX TAO-USDT | +0.0448% | 4h | 317.63 | +0.025% | — | $30.4M | — | as long as short |
| Phoenix TAO | +0.0504% | 1h | 315.80 | −0.551% | $330K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 317.72 | +0.054% | $100K | $488K | 5x | as long as short |
| Nado TAO-PERP | +0.0600% | 1h | 317.48 | −0.023% | $805K | $2.2M | 10x | as long as short |
| Extended TAO-USD | +0.0664% | 1h | 317.28 | −0.083% | $932K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0696% | 1h | 317.46 | −0.028% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 317.21 | −0.106% | $365 | — | 20x | as long as short |
| Lighter TAO | +0.0736% | 1h | 317.73 | +0.057% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0799% | 4h | 316.62 | −0.292% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0882% | 1h | 317.68 | +0.041% | $316K | $927K | 10x | as long as short |
| Coinbase International TAO-PERP-INTXshort | +0.1024% | 1h | 316.66 | −0.280% | $1.5M | $6.8M | 50x | |
| Hyperliquid TAO | +0.1035% | 1h | 317.80 | +0.079% | $96.2M | $104.6M | 5x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 317.49 | −0.020% | $446K | $657K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.282% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Phemex TAOUSDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
ApeX Omni TAOUSDT
Bybit TAOUSDT
Pacifica TAO
BingX TAO-USDT
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Extended TAO-USD
01 Exchange TAOUSD
Reya TAORUSDPERP
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP