Funding you earn now, next payment 08:00 UTC+0.0776%/8h= +85.0% APRpaid last 24h +0.246%
Price spread now: Coinbase International against edgeX+0.597%77s7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days+0.636%+$64 on $10k
+Price spread, last 4 days (all we have)−0.359%−$36 · spread now +0.597%, 7d avg +0.209%
=Together, before fees+0.277%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.388% dearer against edgeX than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.209%. The two prices were read 77 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 | 318.13 | 0.0168 | pay 0.0084% / 4h | 3h 13m | $42K | $322K | 10x |
| Short | Coinbase International TAO-PERP-INTX | 320.03 | 0.0944 | get 0.0118% / 1h | 13m 47s | $1.1M | $7.4M | 50x |
edgeX TAOUSDC
Coinbase International TAO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $163.02
- Price spread: +0.597% → +0.209%
- $38.81
- Slippage, 4 orders
- −$28.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $154.63
- Costs to cover
- 0.472%
- Break-even
- 0.4 days
Slippage from edgeX: live order book, 19 min ago; Coinbase International: live order book, 5 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, 19 min ago | 4.76 bp | 9.3 bp −$9 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 8.00 bp | 14.8 bp −$15 | 18.1 bp −$181 | 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 | −0.0269% | 1h | 313.94 | −1.317% | $167K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 319.24 | +0.347% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.52 | +0.437% | $50K | $697K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 319.29 | +0.364% | $69.8M | $153.9M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.20 | +0.336% | $26.5M | $129.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.50 | +0.116% | $15.1M | $50.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.79 | +0.207% | $17.6M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.94 | +0.254% | $35.9M | $56.7M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.24 | +0.349% | $88K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.22 | +0.342% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 318.97 | +0.264% | $116K | $539K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.33 | +0.377% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.45 | +0.416% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0121% | 8h | 319.39 | +0.396% | $1K | $1.2M | 5x | as long as short |
| Binance TAOUSDT | +0.0164% | 4h | 319.03 | +0.282% | $92.9M | $516.8M | 75x | as long as short |
| MEXC TAO_USDT | +0.0164% | 4h | 318.79 | +0.207% | $111.6M | $154.3M | 300x | as long as short |
| BingX TAO-USDT | +0.0166% | 4h | 319.18 | +0.330% | — | $38.8M | — | as long as short |
| edgeX TAOUSDClong | +0.0168% | 4h | 318.13 | long leg | $42K | $322K | 10x | |
| Paradex TAO-USD-PERP | +0.0241% | 8h | 319.47 | +0.420% | $14K | $876 | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0241% | 4h | 319.44 | +0.412% | $54K | $272K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0283% | 1h | 318.30 | +0.053% | $45K | $256K | 50x | as long as short |
| Bullet TAO-USD | +0.0297% | 1h | 319.44 | +0.410% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0333% | 4h | 319.22 | +0.344% | $1.3M | $11.1M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0342% | 4h | 318.82 | +0.218% | $540K | $838K | 10x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 319.34 | +0.379% | $362K | $437K | 10x | as long as short |
| dYdX TAO-USD | +0.0363% | 1h | 318.81 | +0.215% | $128K | $87K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0366% / S −0.0109% | 1h | 319.09 | +0.302% | $378K | — | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 319.67 | +0.484% | $101K | $340K | 5x | as long as short |
| BloFin TAO-USDT | +0.0404% | 4h | 319.11 | +0.308% | $4.8M | $10.9M | 100x | as long as short |
| Extended TAO-USD | +0.0440% | 1h | 318.81 | +0.214% | $933K | $2.2M | 25x | as long as short |
| Nado TAO-PERP | +0.0454% | 1h | 319.43 | +0.408% | $771K | $1.9M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0512% | 1h | 319.44 | +0.412% | $9K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 319.00 | +0.273% | $321K | $714K | 5x | as long as short |
| Variational Omni TAO | +0.0612% | 4h | 318.74 | +0.191% | $5.6M | $9.9M | — | as long as short |
| Hyperliquid TAO | +0.0624% | 1h | 319.51 | +0.434% | $94.8M | $109.6M | 5x | as long as short |
| Lighter TAO | +0.0648% | 1h | 319.27 | +0.359% | $1.6M | $6.7M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 319.96 | +0.575% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 318.80 | +0.212% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0744% | 1h | 319.58 | +0.456% | $317K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0779% | 1h | 319.52 | +0.438% | $6.2M | $21.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 318.81 | +0.213% | $447K | $709K | 5x | as long as short |
| Coinbase International TAO-PERP-INTXshort | +0.0944% | 1h | 320.03 | +0.597% | $1.1M | $7.4M | 50x | |
| Injective TAO/USDC PERP | +0.3512% | 1h | 317.77 | −0.113% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Binance TAOUSDT
MEXC TAO_USDT
BingX TAO-USDT
Paradex TAO-USD-PERP
Orderly PERP_TAO_USDC
ApeX Omni TAOUSDT
Bullet TAO-USD
Aster TAOUSDT
GRVT TAO_USDT_Perp
Pacifica TAO
dYdX TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Arcus TAO-USD
BloFin TAO-USDT
Extended TAO-USD
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Variational Omni TAO
Hyperliquid TAO
Lighter TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Injective TAO/USDC PERP