Funding you earn now, next payment 00:00 UTC−0.0748%/8h= −81.9% APRpaid last 24h −0.028%
Price spread now: Gate against Extended−0.040%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.040%, 7d avg +0.019%
=Together, before fees−0.075%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Gate is 0.059% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.6% 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 | Extended TAO-USD | 311.43 | 0.0848 | pay 0.0106% / 1h | 23m 21s | $855K | $2.1M | 25x |
| Short | Gate TAO_USDT | 311.30 | 0.0100 | get 0.0050% / 4h | 23m 21s | $12.4M | $50.0M | 50x |
Extended TAO-USD
Gate TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$157.08
- Price spread: −0.040% → +0.019%
- −$5.91
- Slippage, 4 orders
- −$27.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$210.11
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Gate: live order book, 6 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, 5 min ago | 1.75 bp | 6.5 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 1.60 bp | 14.7 bp −$15 | 20.3 bp −$203 | 59.8 bp −$5,982 | 114.1 bp −$57.0K |
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 | −0.4493% | 1h | 315.57 | +1.331% | $169K | $47K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 310.91 | −0.164% | $124K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.54 | +0.038% | $20K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.95 | +1.132% | $23K | $361 | 12x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0047% | 1h | 310.44 | −0.317% | $20K | $1.5M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.46 | +0.011% | $35K | $563K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 311.15 | −0.088% | $368K | $363K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.71 | +0.090% | $88.4M | $427.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.92 | +0.159% | $61.2M | $125.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.20 | −0.072% | $25.0M | $101.1M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Deribit TAO_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDTshort | +0.0100% | 4h | 311.30 | −0.040% | $12.4M | $50.0M | 50x | |
| MEXC TAO_USDT | +0.0100% | 4h | 311.54 | +0.037% | $109.3M | $130.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.41 | −0.005% | $18.4M | $27.8M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.21 | −0.069% | $34.7M | $46.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 311.74 | +0.101% | — | $30.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.02 | +0.191% | $40K | $280K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 313.92 | +0.800% | $521K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 311.97 | +0.175% | $47K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.66 | +0.075% | $76K | $466K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.74 | +0.101% | $11K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.92 | +0.159% | $60K | $275K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 310.68 | −0.239% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.10 | −0.104% | $127K | $408K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 310.69 | −0.236% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 310.75 | −0.217% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 311.35 | −0.024% | $3K | $555K | 5x | as long as short |
| Aster TAOUSDT | +0.0169% | 4h | 311.30 | −0.040% | $1.1M | $7.9M | 50x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 311.61 | +0.059% | $82K | $565K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0187% | 8h | 311.36 | −0.021% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0199% | 4h | 312.46 | +0.332% | $4.0M | $7.0M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.00 | +0.185% | $4.4M | $10.5M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0453% | 1h | 310.44 | −0.317% | $5.7M | $19.9M | 50x | as long as short |
| Nado TAO-PERP | +0.0467% | 1h | 311.33 | −0.031% | $819K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 311.47 | +0.014% | $446K | — | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0515% | 1h | 310.70 | −0.233% | $290K | $804K | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 312.50 | +0.345% | $327K | $521K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 311.60 | +0.056% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 311.36 | −0.020% | $358 | — | 20x | as long as short |
| Extended TAO-USDlong | +0.0848% | 1h | 311.43 | long leg | $855K | $2.1M | 25x | |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 313.04 | +0.519% | $1.5M | $5.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 311.50 | +0.024% | $433K | $567K | 5x | as long as short |
| Lighter TAO | +0.1240% | 1h | 311.43 | 0.000% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.1686% | 1h | 311.71 | +0.091% | $97.0M | $83.9M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
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
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO