Funding you earn now, next payment 06:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.069%
Price spread now: Extended against OKX−0.050%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.050%, 7d avg −0.004%
=Together, before fees+0.223%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.046% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.004%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.156% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% 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 | OKX TAO-USDT-SWAP | 323.50 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $26.8M | $128.1M | 50x |
| Short | Extended TAO-USD | 323.34 | 0.0504 | get 0.0063% / 1h | 6m 26s | $920K | $2.4M | 25x |
OKX TAO-USDT-SWAP
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $84.84
- Price spread: −0.050% → −0.004%
- −$4.64
- Slippage, 4 orders
- −$18.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $46.92
- Costs to cover
- 0.333%
- Break-even
- 3.1 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 2 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 OKX live order book, 3 min ago | 1.56 bp | 9.8 bp −$10 | 18.8 bp −$188 | 68.0 bp −$6,797 | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.12 bp | 5.9 bp −$6 | 7.5 bp −$75 | 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 | −0.1195% | 1h | 319.01 | −1.387% | $169K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 323.12 | −0.118% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0029% | 1h | 321.54 | −0.605% | $128K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAPlong | +0.0100% | 8h | 323.50 | long leg | $26.8M | $128.1M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 322.30 | −0.371% | $14.5M | $51.9M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 322.39 | −0.343% | $17.8M | $31.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 323.21 | −0.090% | $36.5M | $57.6M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 322.32 | −0.365% | $79K | $958K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 322.27 | −0.380% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 321.66 | −0.569% | $117K | $564K | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 321.66 | −0.569% | $3.3M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 321.98 | −0.470% | $659 | $952K | 5x | as long as short |
| edgeX TAOUSDC | +0.0110% | 4h | 319.26 | −1.312% | $42K | $315K | 10x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 323.55 | +0.016% | $178K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 323.57 | +0.022% | $53K | $291K | 10x | as long as short |
| Popdex TAOUSDT | +0.0120% | 1h | 322.18 | −0.408% | $49K | $679K | 20x | as long as short |
| MEXC TAO_USDT | +0.0124% | 4h | 322.64 | −0.266% | $103.2M | $148.7M | 300x | as long as short |
| Binance TAOUSDT | +0.0124% | 4h | 323.40 | −0.032% | $93.5M | $515.5M | 75x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0126% / S +0.0142% | 1h | 322.79 | −0.218% | $432K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 322.02 | −0.457% | $366K | $421K | 10x | as long as short |
| Aster TAOUSDT | +0.0283% | 4h | 323.28 | −0.068% | $1.3M | $10.8M | 50x | as long as short |
| Nado TAO-PERP | +0.0291% | 1h | 322.50 | −0.308% | $816K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0294% | 1h | 323.62 | +0.037% | $6.1M | $21.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0295% | 8h | 322.06 | −0.444% | $15K | $1K | 10x | as long as short |
| Bullet TAO-USD | +0.0325% | 1h | 322.65 | −0.263% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0364% | 4h | 321.98 | −0.470% | $4.6M | $11.1M | 100x | as long as short |
| BingX TAO-USDT | +0.0394% | 4h | 323.20 | −0.093% | — | $33.9M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0440% | 4h | 319.60 | −1.206% | $545K | $948K | 10x | as long as short |
| Bybit TAOUSDT | +0.0460% | 4h | 323.73 | +0.071% | $71.1M | $154.1M | 50x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 322.26 | −0.383% | $110K | $364K | 5x | as long as short |
| Variational Omni TAO | +0.0485% | 4h | 319.46 | −1.249% | $5.6M | $10.1M | — | as long as short |
| ApeX Omni TAOUSDT | +0.0487% | 1h | 319.47 | −1.246% | $47K | $257K | 50x | as long as short |
| Extended TAO-USDshort | +0.0504% | 1h | 323.34 | −0.050% | $920K | $2.4M | 25x | |
| Phoenix TAO | +0.0513% | 1h | 320.60 | −0.896% | $319K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 322.47 | −0.317% | $371 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0709% | 1h | 323.61 | +0.033% | $14K | $1.8M | 25x | as long as short |
| Lighter TAO | +0.0808% | 1h | 322.20 | −0.402% | $1.5M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 322.75 | −0.232% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0818% | 1h | 322.72 | −0.241% | $95.0M | $109.3M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0844% | 1h | 322.12 | −0.427% | $319K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 322.27 | −0.380% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 322.05 | −0.448% | $463K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 323.62 | +0.037% | $24K | $2K | 12x | as long as short |
Phemex TAOUSDT
Katana Perps TAO-USD
edgeX TAOUSDC
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Popdex TAOUSDT
MEXC TAO_USDT
Binance TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Aster TAOUSDT
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Paradex TAO-USD-PERP
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Bybit TAOUSDT
Arcus TAO-USD
Variational Omni TAO
ApeX Omni TAOUSDT
Phoenix TAO
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
Lighter TAO
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP