Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0932%/8h= −102.1% APRpaid last 24h −0.038%
Price spread now: SunX against Extended−0.055%7-day average +0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.055%, 7d avg +0.040%
Together, before fees+0.091%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and SunX is 0.094% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD320.470.1032pay 0.0129% / 1h52m 15s$933K$2.2M25x
ShortSunX TAO-USDT320.290.0100get 0.0050% / 4h3h 52m$1K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$195.72
Price spread: −0.055% → +0.040%
−$9.42
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$218.14
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 min ago; SunX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago1.41 bp4.2 bp −$47.4 bp −$74doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago500.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1799%1h311.96−2.654%$167K$44K10xas long as short
Phemex TAOUSDT−0.1370%4h320.20−0.083%$3.5M$7.9M50xas long as short
dYdX TAO-USD0.0000%1h320.23−0.074%$128K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h320.92+0.143%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h320.63+0.051%$40K$578K20xas long as short
Katana Perps TAO-USD+0.0100%8h320.48+0.005%$857$591K5xas long as short
Binance TAOUSDT+0.0100%4h320.56+0.030%$92.2M$439.0M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h320.60+0.042%$26.0M$107.0M50xas long as short
Gate TAO_USDT+0.0100%4h320.20−0.083%$12.9M$49.6M50xas long as short
MEXC TAO_USDT+0.0100%4h320.60+0.042%$105.8M$131.5M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h320.51+0.014%$19.1M$28.3M75xas long as short
Bitget TAOUSDT+0.0100%4h320.32−0.045%$35.8M$48.9M50xas long as short
edgeX TAOUSDC+0.0100%4h319.37−0.341%$36K$287K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h320.51+0.014%$58K$316K10xas long as short
SunX TAO-USDTshort+0.0100%4h320.29−0.055%$1K$1.9M20x
HTX TAO-USDT+0.0100%4h320.60+0.042%$128K$422K20xas long as short
Aevo TAO-PERP+0.0104%1h321.87+0.438%$177K$9983xas long as short
GRVT TAO_USDT_Perp+0.0142%4h319.47−0.312%$531K$945K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0085%1h320.79+0.101%$464K100xas long as short
Pacifica TAO+0.0185%1h320.43−0.011%$379K$371K10xas long as short
Arcus TAO-USD+0.0201%1h320.51+0.014%$85K$545K5xas long as short
Paradex TAO-USD-PERP+0.0220%8h320.20−0.082%$15K$1K10xas long as short
Aster TAOUSDT+0.0222%4h320.55+0.026%$1.1M$8.1M50xas long as short
Bullet TAO-USD+0.0262%1h321.12+0.204%$12K$17K20xas long as short
Variational Omni TAO+0.0291%4h319.01−0.453%$5.5M$8.6Mas long as short
BloFin TAO-USDT+0.0340%4h319.44−0.320%$4.4M$10.9M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0341%1h320.38−0.026%$22K$1.5M25xas long as short
Polymarket Perps TAO-USD+0.0362%1h320.70+0.073%$100K$633K5xas long as short
BingX TAO-USDT+0.0398%4h321.25+0.245%$30.7Mas long as short
Bybit TAOUSDT+0.0473%4h320.65+0.058%$65.8M$130.0M50xas long as short
ApeX Omni TAOUSDT+0.0476%1h318.98−0.463%$48K$268K50xas long as short
Kraken Futures PF_TAOUSD+0.0479%1h320.34−0.039%$5.8M$20.2M50xas long as short
Phoenix TAO+0.0525%1h319.30−0.364%$334K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.85−0.816%$23K$37012xas long as short
Reya TAORUSDPERP+0.0695%1h320.25−0.067%$36820xas long as short
Nado TAO-PERP+0.0772%1h320.43−0.010%$892K$2.0M10xas long as short
01 Exchange TAOUSD+0.0824%1h321.10+0.198%$3K$4K5xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h320.83+0.114%$1.5M$6.1M50xas long as short
Backpack TAO_USDC_PERP+0.1001%1h320.21−0.080%$317K$817K10xas long as short
Extended TAO-USDlong+0.1032%1h320.47long leg$933K$2.2M25x
RISEx TAO/USDC+0.1141%1h320.44−0.007%$422K$586K5xas long as short
Lighter TAO+0.1880%1h321.02+0.174%$1.7M$5.8M5xas long as short
Hyperliquid TAO+0.2944%1h321.12+0.204%$104.9M$88.5M5xas long as short