TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against edgeX+0.203%98s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as 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−$260.257% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.475%−$47 · spread now +0.203%, 7d avg −0.002%

Together, before fees−0.475%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.205% dearer against edgeX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 98 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	318.35	0.0100	pay 0.0050% / 4h	2h 11m	$42K	$317K	10x
Short	MEXC TAO_USDT	318.99	0.0104	get 0.0052% / 4h	2h 11m	$101.4M	$148.1M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.203%Rate

Funding earned: $0.84
Price spread: +0.203% → −0.002%: $20.49
Slippage, 4 orders: −$16.66
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$4.33
Costs to cover: 0.257%
Break-even: 43.1 days

Slippage from edgeX: live order book, 36 min ago; MEXC: live order book, 2 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, 36 min ago	6.37 bp	10.9 bp −$11	24.5 bp −$245	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.31 bp	1.4 bp −$1	7.6 bp −$76	25.7 bp −$2,573	97.5 bp −$48.8K

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	−0.1195%	1h	319.01	+0.210%	$169K	$333	10x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	318.72	+0.118%	$21K	—	150x	as long as short
dYdX TAO-USD	+0.0032%	1h	318.55	+0.063%	$127K	$85K	5x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.80	+0.143%	$26.7M	$125.4M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.60	+0.080%	$14.2M	$51.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.86	+0.162%	$17.6M	$31.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.70	+0.111%	$35.9M	$57.4M	50x	as long as short
edgeX TAOUSDClong	+0.0100%	4h	318.35	long leg	$42K	$317K	10x
Polymarket Perps TAO-USD	+0.0100%	1h	318.92	+0.181%	$91K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.73	+0.121%	$2K	$1.9M	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	318.54	+0.061%	$116K	$565K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	318.75	+0.127%	$3.2M	$8.1M	50x	as long as short
MEXC TAO_USDTshort	+0.0104%	4h	318.99	+0.203%	$101.4M	$148.1M	300x
Aevo TAO-PERP	+0.0104%	1h	319.38	+0.327%	$175K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	318.91	+0.177%	$1K	$946K	5x	as long as short
Binance TAOUSDT	+0.0110%	4h	319.00	+0.205%	$91.5M	$513.3M	75x	as long as short
Orderly PERP_TAO_USDC	+0.0116%	4h	319.03	+0.215%	$53K	$291K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0126% / S +0.0144%	1h	318.78	+0.136%	$423K	—	100x	as long as short
Popdex TAOUSDT	+0.0128%	1h	319.02	+0.212%	$54K	$671K	20x	as long as short
Pacifica TAO	+0.0233%	1h	318.99	+0.203%	$364K	$420K	10x	as long as short
Aster TAOUSDT	+0.0271%	4h	318.99	+0.203%	$1.3M	$10.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0278%	8h	319.13	+0.246%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0290%	1h	319.16	+0.257%	$802K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0299%	1h	319.10	+0.238%	$6.0M	$21.6M	50x	as long as short
Bullet TAO-USD	+0.0322%	1h	319.11	+0.241%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0344%	4h	319.43	+0.341%	$3.7M	$11.0M	100x	as long as short
BingX TAO-USDT	+0.0388%	4h	318.94	+0.187%	—	$33.8M	—	as long as short
Bybit TAOUSDT	+0.0391%	4h	319.09	+0.234%	$69.9M	$153.6M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0436%	4h	318.55	+0.065%	$545K	$935K	10x	as long as short
Variational Omni TAO	+0.0467%	4h	317.98	−0.114%	$5.6M	$10.1M	—	as long as short
Arcus TAO-USD	+0.0483%	1h	319.52	+0.369%	$103K	$351K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0496%	1h	319.06	+0.225%	$15K	$1.8M	25x	as long as short
ApeX Omni TAOUSDT	+0.0504%	1h	318.01	−0.105%	$45K	$256K	50x	as long as short
Extended TAO-USD	+0.0504%	1h	318.82	+0.149%	$906K	$2.4M	25x	as long as short
Phoenix TAO	+0.0513%	1h	318.90	+0.174%	$317K	$713K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	319.08	+0.231%	$367	—	20x	as long as short
Lighter TAO	+0.0800%	1h	319.22	+0.275%	$1.5M	$6.6M	5x	as long as short
01 Exchange TAOUSD	+0.0800%	1h	319.51	+0.366%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0804%	1h	319.17	+0.259%	$93.7M	$109.5M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0835%	1h	319.10	+0.237%	$316K	$890K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	319.97	+0.510%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	319.05	+0.222%	$461K	$649K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	322.94	+1.443%	$23K	$2K	12x	as long as short