Funding you earn now, next payment 21:00 UTC−0.0584%/8h= −63.9% APRnext payment −$0.73 per $10,000 · paid last 24h +0.026%
Price spread now: dYdX against Extended−0.087%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and dYdX is 0.087% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.73 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 | Extended TAO-USD | 314.05 | 0.0584 | pay 0.0073% / 1h | 31m 09s | $937K | $1.8M | 25x |
| Short | dYdX TAO-USD | 313.78 | 0 | get 0.0000% / 1h | 31m 09s | $132K | $95K | 5x |
Extended TAO-USD
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. 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
- −$122.64
- Price spread: −0.087% → 0.000%
- −$8.71
- Slippage, 4 orders
- −$97.57
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$243.92
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; dYdX: live order book, 9 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 Extended live order book, 3 min ago | 2.71 bp | 5.5 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 9 min ago | 44.90 bp | 50.0 bp −$50 | 68.5 bp −$685 | 329.4 bp −$32.9K | 1682.0 bp −$841.0K |
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 | −1.0220% | 1h | 313.13 | −0.293% | $209K | $54K | 10x | as long as short |
| dYdX TAO-USDshort | 0.0000% | 1h | 313.78 | −0.087% | $132K | $95K | 5x | |
| Deribit TAO_USDC-PERPETUAL | +0.0002% | 1h | 314.13 | +0.025% | $17K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 313.93 | −0.038% | $28K | — | 150x | as long as short |
| Phemex TAOUSDT | +0.0038% | 4h | 314.01 | −0.014% | $3.3M | $8.0M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.26 | +0.066% | $37K | $507K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 314.14 | +0.026% | $365K | $396K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.23 | +0.055% | $89.0M | $381.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.84 | +0.250% | $60.4M | $112.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.60 | +0.174% | $25.8M | $89.4M | 50x | as long as short |
Bulk TAO-USD
Deribit TAO_USDC-PERPETUAL
gTrade (Gains Network) TAO/USD
Phemex TAOUSDT
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus TAO-USD | +0.0100% | 1h | 314.49 | +0.139% | $142K | $585K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.50 | +0.142% | $12.5M | $47.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.30 | +0.078% | $106.8M | $115.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.26 | +0.066% | $20.2M | $25.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.46 | +0.129% | $35.4M | $42.1M | 50x | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 313.60 | −0.145% | $3.5M | $6.2M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.87 | −0.059% | $41K | $275K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.87 | +0.261% | $561K | $947K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.08 | +0.008% | $48K | $267K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.47 | +0.133% | $90K | $638K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 314.10 | +0.015% | $12K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.05 | −0.001% | $61K | $277K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.81 | −0.078% | $1K | $1.7M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.07 | +0.005% | $125K | $354K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.72 | +0.212% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 314.33 | +0.088% | $898 | $378K | 5x | as long as short |
| BingX TAO-USDT | +0.0130% | 4h | 314.46 | +0.129% | — | $29.9M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0195% | 8h | 314.32 | +0.084% | $15K | $992 | 10x | as long as short |
| Aster TAOUSDT | +0.0213% | 4h | 314.09 | +0.011% | $1.7M | $7.1M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.01 | −0.014% | $4.3M | $9.4M | 100x | as long as short |
| Phoenix TAO | +0.0365% | 1h | 314.80 | +0.238% | $334K | $326K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0392% | 1h | 314.42 | +0.117% | $6.3M | $17.8M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0491% / S −0.0188% | 1h | 313.90 | −0.048% | $465K | — | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0578% | 1h | 314.87 | +0.260% | $403K | $555K | 10x | as long as short |
| Extended TAO-USDlong | +0.0584% | 1h | 314.05 | long leg | $937K | $1.8M | 25x | |
| 01 Exchange TAOUSD | +0.0624% | 1h | 314.82 | +0.244% | $3K | $4K | 5x | as long as short |
| Nado TAO-PERP | +0.0683% | 1h | 314.36 | +0.097% | $1.1M | $1.5M | 10x | as long as short |
| RISEx TAO/USDC | +0.0688% | 1h | 314.52 | +0.150% | $412K | $526K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 314.17 | +0.038% | $361 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0936% | 1h | 314.96 | +0.289% | $1.5M | $5.4M | 50x | as long as short |
| Lighter TAO | +0.2016% | 1h | 315.09 | +0.329% | $2.1M | $3.7M | 5x | as long as short |
| Hyperliquid TAO | +0.2503% | 1h | 315.57 | +0.483% | $96.0M | $67.0M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3384% | 1h | 316.14 | +0.664% | $23K | $137 | 12x | as long as short |
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
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
Aevo TAO-PERP
Katana Perps TAO-USD
BingX TAO-USDT
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Phoenix TAO
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Nado TAO-PERP
RISEx TAO/USDC
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Lighter TAO
Hyperliquid TAO
Injective TAO/USDC PERP