Funding you earn now, next payment 06:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.041%
Price spread now: Aster against GMX+0.219%7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.219%, 7d avg +0.050%
=Together, before fees−0.532%+ Points / potential airdropAster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.168% dearer against GMX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 3 days funding on this pair cost −0.218%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TAO/USD [WBTC.b-USDC] | 313.38 | L +0.0129% / S +0.0140% | pay 0.0016% / 1h | 29m 45s | $420K | — | 100x |
| Short | Aster TAOUSDT | 314.07 | 0.0206 | get 0.0103% / 4h | 2h 29m | $1.3M | $10.6M | 50x |
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- $16.08
- Price spread: +0.219% → +0.050%
- $16.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $12.91
- Costs to cover
- 0.200%
- Break-even
- 1.4 days
Slippage unknown: GMX: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 0.48 bp | 8.5 bp −$8 | 17.4 bp −$174 | 139.4 bp −$13.9K | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.40 | +0.008% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0039% | 1h | 313.66 | +0.089% | $125K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.99 | +0.195% | $90.2M | $507.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.90 | +0.166% | $26.3M | $122.3M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 313.47 | +0.029% | $167K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.80 | +0.134% | $13.9M | $51.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.98 | +0.191% | $107.8M | $145.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.92 | +0.172% | $17.3M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.70 | +0.102% | $35.3M | $57.1M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.56 | +0.056% | $41K | $316K | 10x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.65 | +0.086% | $90K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.34 | −0.013% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.08 | −0.096% | $113K | $554K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 313.61 | +0.073% | $642 | $915K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.03 | +0.206% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0123% | 4h | 313.86 | +0.153% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]long | L +0.0129% / S +0.0140% | 1h | 313.38 | long leg | $420K | — | 100x | |
| Popdex TAOUSDT | +0.0144% | 1h | 313.72 | +0.108% | $50K | $667K | 20x | as long as short |
| Phemex TAOUSDT | +0.0162% | 4h | 313.90 | +0.166% | $3.2M | $8.0M | 50x | as long as short |
| Aster TAOUSDTshort | +0.0206% | 4h | 314.07 | +0.219% | $1.3M | $10.6M | 50x | |
| Pacifica TAO | +0.0233% | 1h | 314.09 | +0.226% | $358K | $419K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0270% | 8h | 313.97 | +0.190% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0271% | 1h | 313.96 | +0.184% | $772K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0303% | 1h | 314.08 | +0.224% | $5.9M | $21.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0325% | 1h | 313.81 | +0.138% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0330% | 4h | 313.91 | +0.170% | $533K | $923K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.88 | +0.159% | $4.5M | $10.9M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0397% | 1h | 313.30 | −0.026% | $44K | $256K | 50x | as long as short |
| BingX TAO-USDT | +0.0438% | 4h | 314.04 | +0.211% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0449% | 4h | 314.04 | +0.209% | $5.5M | $10.1M | — | as long as short |
| Bybit TAOUSDT | +0.0452% | 4h | 314.04 | +0.211% | $68.2M | $152.5M | 50x | as long as short |
| Extended TAO-USD | +0.0464% | 1h | 314.13 | +0.240% | $897K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.88 | +0.159% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 314.60 | +0.389% | $313K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0526% | 1h | 313.84 | +0.148% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.91 | +0.169% | $361 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0760% | 1h | 314.03 | +0.207% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0805% | 1h | 314.19 | +0.258% | $91.8M | $108.9M | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 314.16 | +0.250% | $1.5M | $6.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0822% | 1h | 314.19 | +0.258% | $310K | $889K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 314.27 | +0.284% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.68 | +0.094% | $454K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 317.66 | +1.366% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Popdex TAOUSDT
Phemex TAOUSDT
Pacifica TAO
Paradex TAO-USD-PERP
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
ApeX Omni TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP