TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against edgeX+0.668%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs+$14as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.458%+$46 on $10k

Price spread, last 3 days (all we have)−0.528%−$53 · spread now +0.668%, 7d avg +0.051%

Together, before fees−0.070%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.617% dearer against edgeX than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TAOUSDC	316.12	0.0100	pay 0.0050% / 4h	3h 06m	$40K	$293K	10x
Short	BloFin TAO-USDT	318.23	0.0340	get 0.0170% / 4h	3h 06m	$4.5M	$10.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee BloFinbpOrdersPrice spread, now +0.668%Rate

Funding earned: $50.4
Price spread: +0.668% → +0.051%: $61.74
Slippage, 4 orders: −$26.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $64.23
Costs to cover: 0.479%
Break-even: from the start

Slippage from edgeX: live order book, 1 min ago; BloFin: live order book, 7 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, 1 min ago	7.89 bp	12.4 bp −$12	26.6 bp −$266	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	2.37 bp	13.2 bp −$13	20.2 bp −$202	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	−0.1228%	1h	316.14	+0.007%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	317.00	+0.279%	$127K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	316.76	+0.205%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.20	+0.342%	$43K	$603K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	317.15	+0.327%	$90.9M	$450.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.20	+0.342%	$25.8M	$109.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.00	+0.279%	$12.9M	$51.2M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.07	+0.301%	$99.7M	$136.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.17	+0.333%	$18.0M	$29.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.88	+0.241%	$35.2M	$51.5M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDClong	+0.0100%	4h	316.12	long leg	$40K	$293K	10x
GRVT TAO_USDT_Perp	+0.0100%	4h	315.81	−0.097%	$523K	$958K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	317.90	+0.564%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.70	+0.184%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.76	+0.519%	$127K	$422K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	317.76	+0.519%	$3.4M	$7.8M	50x	as long as short
Bullet TAO-USD	+0.0102%	1h	316.93	+0.258%	$12K	$17K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	317.42	+0.413%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0124%	8h	317.07	+0.301%	$1K	$644K	5x	as long as short
ApeX Omni TAOUSDT	+0.0154%	1h	316.14	+0.007%	$48K	$267K	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0101%	1h	316.66	+0.173%	$449K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	317.39	+0.402%	$376K	$376K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	317.39	+0.402%	$84K	$550K	5x	as long as short
Aster TAOUSDT	+0.0207%	4h	317.07	+0.301%	$1.3M	$8.8M	50x	as long as short
Paradex TAO-USD-PERP	+0.0237%	8h	317.05	+0.296%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0267%	1h	317.17	+0.333%	$93K	$633K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0292%	1h	317.77	+0.523%	$17K	$1.5M	25x	as long as short
BloFin TAO-USDTshort	+0.0340%	4h	318.23	+0.668%	$4.5M	$10.8M	100x
Kraken Futures PF_TAOUSD	+0.0482%	1h	317.90	+0.563%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	316.20	+0.026%	$331K	$624K	5x	as long as short
Variational Omni TAO	+0.0546%	4h	316.94	+0.261%	$5.5M	$8.7M	—	as long as short
01 Exchange TAOUSD	+0.0560%	1h	317.25	+0.358%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	316.59	+0.149%	$23K	$902	12x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	316.81	+0.220%	$364	—	20x	as long as short
BingX TAO-USDT	+0.0702%	4h	317.10	+0.311%	—	$30.7M	—	as long as short
Bybit TAOUSDT	+0.0705%	4h	317.36	+0.393%	$65.3M	$133.5M	50x	as long as short
Nado TAO-PERP	+0.0749%	1h	317.24	+0.354%	$873K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0805%	1h	318.28	+0.684%	$322K	$816K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	317.23	+0.352%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1112%	1h	316.89	+0.245%	$884K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	317.24	+0.353%	$421K	$593K	5x	as long as short
Lighter TAO	+0.1424%	1h	317.65	+0.484%	$1.7M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1785%	1h	317.61	+0.472%	$101.6M	$91.6M	5x	as long as short