Funding you earn now, next payment 04:00 UTC+0.0528%/8h= +57.8% APRnext payment +$2.64 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against edgeX+0.196%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.320%−$32 · spread now +0.196%, 7d avg +0.001%
=Together, before fees−0.237%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.195% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 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 | edgeX TAOUSDC | 316.13 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $40K | $294K | 10x |
| Short | BingX TAO-USDT | 316.75 | 0.0628 | get 0.0314% / 4h | 3h 11m | — | $30.5M | — |
edgeX TAOUSDC
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $110.88
- Price spread: +0.196% → +0.001%
- $19.51
- Slippage, 4 orders
- −$22.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $88.49
- Costs to cover
- 0.419%
- Break-even
- 1.4 days
Slippage from edgeX: live order book, 62 min ago; BingX: live order book, 12 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 edgeX live order book, 62 min ago | 7.98 bp | 12.6 bp −$13 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.25 bp | 9.6 bp −$10 | 15.9 bp −$159 | 34.0 bp −$3,404 | 77.7 bp −$38.9K |
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 | −0.1821% | 1h | 318.67 | +0.803% | $169K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.59 | −0.171% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.38 | +0.081% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.50 | +0.117% | $42K | $598K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.78 | +0.205% | $90.8M | $450.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.00 | +0.275% | $25.8M | $109.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.50 | +0.117% | $12.8M | $51.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.71 | +0.183% | $99.1M | $136.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.70 | +0.180% | $18.0M | $29.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.64 | +0.161% | $35.2M | $51.3M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDClong | +0.0100% | 4h | 316.13 | long leg | $40K | $294K | 10x | |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.09 | −0.012% | $524K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.60 | +0.149% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.83 | −0.095% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.20 | +0.022% | $126K | $422K | 20x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.76 | +0.200% | $12K | $17K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.14 | +0.319% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0121% | 8h | 316.52 | +0.123% | $1K | $636K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0101% | 1h | 316.38 | +0.079% | $449K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 316.05 | −0.025% | $374K | $375K | 10x | as long as short |
| Phemex TAOUSDT | +0.0198% | 4h | 316.69 | +0.177% | $3.4M | $7.8M | 50x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 316.72 | +0.187% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0202% | 4h | 316.50 | +0.117% | $1.3M | $8.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0233% | 8h | 315.90 | −0.073% | $14K | $1K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0247% | 1h | 316.20 | +0.022% | $48K | $267K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0251% | 1h | 316.62 | +0.155% | $17K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0272% | 1h | 316.91 | +0.247% | $93K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.66 | +0.168% | $4.5M | $10.8M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0484% | 1h | 316.80 | +0.212% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 316.60 | +0.149% | $331K | $624K | 5x | as long as short |
| Variational Omni TAO | +0.0546% | 4h | 316.94 | +0.257% | $5.5M | $8.7M | — | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 316.84 | +0.224% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.77 | +0.519% | $23K | $802 | 12x | as long as short |
| BingX TAO-USDTshort | +0.0628% | 4h | 316.75 | +0.196% | — | $30.5M | — | |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.86 | +0.230% | $364 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0697% | 4h | 317.01 | +0.278% | $65.2M | $133.4M | 50x | as long as short |
| Nado TAO-PERP | +0.0758% | 1h | 316.43 | +0.094% | $876K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0803% | 1h | 316.99 | +0.272% | $320K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.08 | +0.300% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1120% | 1h | 316.63 | +0.158% | $886K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.59 | +0.147% | $420K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 317.23 | +0.347% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1843% | 1h | 316.91 | +0.246% | $101.5M | $91.8M | 5x | as long as short |
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Bullet TAO-USD
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Phemex TAOUSDT
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Variational Omni TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Reya TAORUSDPERP
Bybit TAOUSDT
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO