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 − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.345% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TAOUSDC | 310.91 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $34K | $299K | 10x |
| Short | Bulk TAO-USD | 316.43 | 0.0529 | get 0.0066% / 1h | 50m 07s | $168K | $40K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 18 min ago | 7.89 bp | 12.4 bp −$12 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 19 min ago | 0.16 bp | 5.5 bp −$6 | 7.8 bp −$78 | 8.1 bp −$805 | 18.3 bp −$9,130 |
TAO on 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 311.92 | +0.323% | $125K | $87K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 310.90 | −0.003% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.87 | +0.307% | $46K | $617K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.46 | +0.174% | $89.4M | $459.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.70 | +0.253% | $25.3M | $109.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.10 | +0.060% | $12.6M | $49.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.60 | +0.221% | $101.1M | $136.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.43 | +0.166% | $18.1M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.21 | +0.095% | $34.6M | $52.5M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 310.91 | long leg | $34K | $299K | 10x |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.42 | +0.485% | $521K | $962K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.27 | +0.114% | $56K | $322K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.20 | +0.092% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 310.95 | +0.012% | $127K | $472K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.44 | +0.168% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 311.76 | +0.272% | $638 | $670K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0158% | 1h | 310.99 | +0.024% | $47K | $268K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0163% | 1h | 311.16 | +0.078% | $15K | $1.5M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0170% | 1h | 311.44 | +0.169% | $5.6M | $20.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0170% / S +0.0092% | 1h | 310.80 | −0.036% | $429K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0191% | 4h | 311.47 | +0.179% | $1.3M | $9.1M | 50x | as long as short |
| Bullet TAO-USD | +0.0219% | 1h | 311.30 | +0.125% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0256% | 8h | 312.11 | +0.385% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 312.38 | +0.471% | $370K | $373K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 312.30 | +0.446% | $82K | $551K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.79 | +0.282% | $4.4M | $10.7M | 100x | as long as short |
| Polymarket Perps TAO-USD | +0.0373% | 1h | 311.76 | +0.272% | $91K | $672K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +1.517% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0495% | 1h | 311.38 | +0.151% | $767K | $2.1M | 10x | as long as short |
| Phemex TAOUSDT | +0.0526% | 4h | 311.25 | +0.108% | $3.3M | $7.9M | 50x | as long as short |
| Bulk TAO-USDshort | +0.0529% | 1h | 316.43 | +1.774% | $168K | $40K | 10x | |
| Phoenix TAO | +0.0588% | 1h | 310.60 | −0.101% | $325K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0656% | 1h | 312.45 | +0.494% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0682% | 4h | 311.59 | +0.216% | $5.4M | $8.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 311.13 | +0.071% | $358 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0722% | 4h | 311.43 | +0.166% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0773% | 4h | 311.87 | +0.307% | $63.6M | $135.8M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0902% | 1h | 311.78 | +0.278% | $315K | $815K | 10x | as long as short |
| Extended TAO-USD | +0.1000% | 1h | 311.37 | +0.146% | $895K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 312.27 | +0.436% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 312.13 | +0.391% | $414K | $604K | 5x | as long as short |
| Hyperliquid TAO | +0.1290% | 1h | 311.83 | +0.295% | $99.0M | $92.4M | 5x | as long as short |
| Lighter TAO | +0.1520% | 1h | 312.02 | +0.355% | $1.6M | $6.0M | 5x | as long as short |
edgeX TAOUSDC
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
GRVT TAO_USDT_Perp
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
BloFin TAO-USDT
Polymarket Perps TAO-USD
Injective TAO/USDC PERP
Phemex TAOUSDT
Phoenix TAO
01 Exchange TAOUSD
Variational Omni TAO
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO