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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0429%/8h= +47.0% APRpaid last 24h −0.318%
Price spread now: Bulk against edgeX+1.774%56s7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.337%−$34 on $10k
Price spread, last 3 days (all we have)−2.154%−$215 · spread now +1.774%, 7d avg −0.105%
Together, before fees−2.491%+ Points / potential airdropedgeX: Active · farm board−$249 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bulk is 1.879% dearer against edgeX than usual: you sell high and buy low: +$188 more if the spread goes back to its 7-day average of −0.105%. Mind the row above: over the last 3 days funding on this pair cost −0.337%, so the current rate has only just turned in your favour. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC310.910.0100pay 0.0050% / 4h2h 50m$34K$299K10x
ShortBulk TAO-USD316.430.0529get 0.0066% / 1h50m 07s$168K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$90.09
Price spread: +1.774% → −0.105%
$187.89
Slippage, 4 orders
−$18.52
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$243.45
Costs to cover
0.345%
Break-even
from the start
Slippage from edgeX: live order book, 18 min ago; Bulk: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 18 min ago7.89 bp12.4 bp −$1226.6 bp −$266doesn't fitdoesn't fit
Sell Bulk live order book, 19 min ago0.16 bp5.5 bp −$67.8 bp −$788.1 bp −$80518.3 bp −$9,130

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
dYdX TAO-USD0.0000%1h311.92+0.323%$125K$87K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0002%1h310.90−0.003%$12K150xas long as short
Popdex TAOUSDT+0.0096%1h311.87+0.307%$46K$617K20xas long as short
Binance TAOUSDT+0.0100%4h311.46+0.174%$89.4M$459.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h311.70+0.253%$25.3M$109.3M50xas long as short
Gate TAO_USDT+0.0100%4h311.10+0.060%$12.6M$49.3M50xas long as short
MEXC TAO_USDT+0.0100%4h311.60+0.221%$101.1M$136.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h311.43+0.166%$18.1M$30.1M75xas long as short
Bitget TAOUSDT+0.0100%4h311.21+0.095%$34.6M$52.5M50xas long as short
edgeX TAOUSDClong+0.0100%4h310.91long leg$34K$299K10x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TAO_USDT_Perp+0.0100%4h312.42+0.485%$521K$962K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h311.27+0.114%$56K$322K10xas long as short
SunX TAO-USDT+0.0100%4h311.20+0.092%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h310.95+0.012%$127K$472K20xas long as short
Aevo TAO-PERP+0.0104%1h311.44+0.168%$171K$9983xas long as short
Katana Perps TAO-USD+0.0120%8h311.76+0.272%$638$670K5xas long as short
ApeX Omni TAOUSDT+0.0158%1h310.99+0.024%$47K$268K50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0163%1h311.16+0.078%$15K$1.5M25xas long as short
Kraken Futures PF_TAOUSD+0.0170%1h311.44+0.169%$5.6M$20.4M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0170% / S +0.0092%1h310.80−0.036%$429K100xas long as short
Aster TAOUSDT+0.0191%4h311.47+0.179%$1.3M$9.1M50xas long as short
Bullet TAO-USD+0.0219%1h311.30+0.125%$12K$17K20xas long as short
Paradex TAO-USD-PERP+0.0256%8h312.11+0.385%$14K$1K10xas long as short
Pacifica TAO+0.0285%1h312.38+0.471%$370K$373K10xas long as short
Arcus TAO-USD+0.0337%1h312.30+0.446%$82K$551K5xas long as short
BloFin TAO-USDT+0.0340%4h311.79+0.282%$4.4M$10.7M100xas long as short
Polymarket Perps TAO-USD+0.0373%1h311.76+0.272%$91K$672K5xas long as short
Injective TAO/USDC PERP+0.0470%1h315.63+1.517%$23K$2K12xas long as short
Nado TAO-PERP+0.0495%1h311.38+0.151%$767K$2.1M10xas long as short
Phemex TAOUSDT+0.0526%4h311.25+0.108%$3.3M$7.9M50xas long as short
Bulk TAO-USDshort+0.0529%1h316.43+1.774%$168K$40K10x
Phoenix TAO+0.0588%1h310.60−0.101%$325K$681K5xas long as short
01 Exchange TAOUSD+0.0656%1h312.45+0.494%$3K$4K5xas long as short
Variational Omni TAO+0.0682%4h311.59+0.216%$5.4M$8.8Mas long as short
Reya TAORUSDPERP+0.0696%1h311.13+0.071%$35820xas long as short
BingX TAO-USDT+0.0722%4h311.43+0.166%$31.0Mas long as short
Bybit TAOUSDT+0.0773%4h311.87+0.307%$63.6M$135.8M50xas long as short
Backpack TAO_USDC_PERP+0.0902%1h311.78+0.278%$315K$815K10xas long as short
Extended TAO-USD+0.1000%1h311.37+0.146%$895K$2.4M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h312.27+0.436%$1.5M$6.4M50xas long as short
RISEx TAO/USDC+0.1132%1h312.13+0.391%$414K$604K5xas long as short
Hyperliquid TAO+0.1290%1h311.83+0.295%$99.0M$92.4M5xas long as short
Lighter TAO+0.1520%1h312.02+0.355%$1.6M$6.0M5xas long as short