Funding you earn now, next payment 03:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.078%
Price spread now: Lighter against Aster+0.016%7-day average −0.041% · 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−$22as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 5 days (all we have)+0.027%+$3 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.016%, 7d avg −0.041%
=Together, before fees−0.149%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.056% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.041%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.027% in total (about 1.8% 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 | 317.01 | 0.0284 | pay 0.0142% / 4h | 1h 08m | $1.2M | $10.1M | 50x |
| Short | Lighter TAO | 317.06 | 0.0736 | get 0.0092% / 1h | 8m 15s | $1.6M | $6.4M | 5x |
Aster TAOUSDT
Lighter TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $94.94
- Price spread: +0.016% → −0.041%
- $5.64
- Slippage, 4 orders
- −$19.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $73.13
- Costs to cover
- 0.275%
- Break-even
- 1.6 days
Slippage from Aster: live order book, 6 min ago; Lighter: live order book, 5 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, 6 min ago | 0.79 bp | 10.5 bp −$10 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 3.01 bp | 6.1 bp −$6 | 20.3 bp −$203 | 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 | +2.575% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.84 | −0.053% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.82 | −0.060% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.12 | +0.036% | $40K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.75 | −0.081% | $92.1M | $490.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.60 | −0.128% | $26.1M | $120.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.70 | −0.097% | $13.0M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.69 | −0.100% | $104.1M | $144.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.91 | −0.031% | $17.7M | $31.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.72 | −0.090% | $35.3M | $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 | 316.99 | −0.006% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.98 | −0.008% | $88K | $796K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.96 | −0.015% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.71 | −0.094% | $109K | $529K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.20 | +0.062% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 316.63 | −0.119% | $673 | $776K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0126% | 4h | 316.73 | −0.087% | $57K | $275K | 10x | as long as short |
| Phemex TAOUSDT | +0.0154% | 4h | 317.03 | +0.007% | $3.4M | $7.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0157% / S +0.0112% | 1h | 316.79 | −0.067% | $430K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0160% | 1h | 317.02 | +0.004% | $12K | $18K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0192% | 4h | 318.34 | +0.419% | $528K | $952K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0203% | 1h | 316.87 | −0.045% | $15K | $1.6M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0246% | 8h | 317.28 | +0.085% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0248% | 1h | 316.70 | −0.096% | $5.6M | $20.8M | 50x | as long as short |
| Aster TAOUSDTlong | +0.0284% | 4h | 317.01 | long leg | $1.2M | $10.1M | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 317.25 | +0.077% | $4.6M | $11.3M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0371% | 1h | 316.95 | −0.018% | $47K | $253K | 50x | as long as short |
| Bybit TAOUSDT | +0.0399% | 4h | 316.76 | −0.078% | $69.4M | $146.1M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 317.16 | +0.047% | $373K | $413K | 10x | as long as short |
| BingX TAO-USDT | +0.0448% | 4h | 316.99 | −0.005% | — | $30.3M | — | as long as short |
| Phoenix TAO | +0.0504% | 1h | 317.70 | +0.219% | $332K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 317.37 | +0.115% | $100K | $488K | 5x | as long as short |
| Nado TAO-PERP | +0.0587% | 1h | 316.99 | −0.004% | $817K | $2.2M | 10x | as long as short |
| Extended TAO-USD | +0.0632% | 1h | 316.72 | −0.090% | $932K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 317.23 | +0.070% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.89 | −0.036% | $364 | — | 20x | as long as short |
| Lighter TAOshort | +0.0736% | 1h | 317.06 | +0.016% | $1.6M | $6.4M | 5x | |
| Variational Omni TAO | +0.0799% | 4h | 316.62 | −0.121% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0869% | 1h | 317.42 | +0.130% | $315K | $927K | 10x | as long as short |
| Hyperliquid TAO | +0.1006% | 1h | 317.28 | +0.086% | $96.0M | $104.0M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.97 | +0.304% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 317.17 | +0.052% | $442K | $659K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.455% | $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
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
GRVT TAO_USDT_Perp
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
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
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP