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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.002%
Price spread now: Polymarket Perps against edgeX+0.142%64s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.142%, 7d avg +0.008%
Together, before fees−0.394%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.135% dearer against edgeX than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.008%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC318.910.0165pay 0.0082% / 4h3h 12m$42K$323K10x
ShortPolymarket Perps TAO-USD319.360.0100get 0.0013% / 1h12m 27s$88K$1.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$13.55
Price spread: +0.142% → +0.008%
$13.47
Slippage, 4 orders
−$30.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$47.2
Costs to cover
0.471%
Break-even
never at this rate
Slippage from edgeX: live order book, 21 min ago; Polymarket Perps: live order book, 1 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, 21 min ago4.76 bp9.3 bp −$921.4 bp −$214doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago6.27 bp10.3 bp −$1016.5 bp −$165doesn't fitdoesn't fit

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
Bulk TAO-USD−0.0269%1h313.94−1.557%$167K$010xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h319.33+0.134%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h319.74+0.261%$49K$699K20xas long as short
Bybit TAOUSDT+0.0100%4h319.67+0.240%$69.9M$153.9M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h319.50+0.186%$26.6M$129.2M50xas long as short
Gate TAO_USDT+0.0100%4h319.40+0.155%$15.2M$50.4M50xas long as short
KuCoin TAOUSDTM+0.0100%4h319.61+0.221%$17.6M$32.2M75xas long as short
Bitget TAOUSDT+0.0100%4h319.26+0.111%$36.0M$56.7M50xas long as short
Polymarket Perps TAO-USDshort+0.0100%1h319.36+0.142%$88K$1.1M5x
SunX TAO-USDT+0.0100%4h319.29+0.120%$2K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h318.98+0.023%$116K$546K20xas long as short
Phemex TAOUSDT+0.0100%4h319.17+0.083%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0119%8h319.55+0.202%$1K$1.2M5xas long as short
Aevo TAO-PERP+0.0120%1h319.83+0.290%$176K$9983xas long as short
MEXC TAO_USDT+0.0162%4h319.70+0.249%$112.6M$154.4M300xas long as short
Binance TAOUSDT+0.0164%4h319.70+0.249%$93.1M$517.1M75xas long as short
edgeX TAOUSDClong+0.0165%4h318.91long leg$42K$323K10x
BingX TAO-USDT+0.0166%4h319.63+0.227%$38.8Mas long as short
Paradex TAO-USD-PERP+0.0236%8h319.69+0.246%$15K$87610xas long as short
Orderly PERP_TAO_USDC+0.0241%4h319.64+0.230%$54K$271K10xas long as short
Bullet TAO-USD+0.0289%1h319.69+0.246%$12K$17K20xas long as short
ApeX Omni TAOUSDT+0.0297%1h318.88−0.008%$45K$256K50xas long as short
Aster TAOUSDT+0.0329%4h319.71+0.252%$1.3M$11.1M50xas long as short
GRVT TAO_USDT_Perp+0.0332%4h319.18+0.087%$541K$838K10xas long as short
Pacifica TAO+0.0349%1h319.55+0.203%$363K$437K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0367% / S −0.0109%1h319.31+0.126%$379K100xas long as short
dYdX TAO-USD+0.0374%1h319.02+0.036%$128K$86K5xas long as short
BloFin TAO-USDT+0.0404%4h319.10+0.061%$4.8M$10.9M100xas long as short
Arcus TAO-USD+0.0404%1h319.96+0.330%$101K$340K5xas long as short
Extended TAO-USD+0.0424%1h319.45+0.172%$968K$2.3M25xas long as short
Nado TAO-PERP+0.0445%1h319.73+0.258%$751K$2.0M10xas long as short
Phoenix TAO+0.0578%1h319.80+0.280%$322K$714K5xas long as short
Variational Omni TAO+0.0612%4h318.74−0.052%$5.6M$9.9Mas long as short
Hyperliquid TAO+0.0630%1h319.91+0.315%$95.0M$109.7M5xas long as short
Lighter TAO+0.0648%1h319.65+0.233%$1.6M$6.7M5xas long as short
01 Exchange TAOUSD+0.0664%1h320.05+0.359%$3K$4K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0678%1h319.56+0.206%$9K$1.8M25xas long as short
Reya TAORUSDPERP+0.0699%1h319.04+0.042%$36720xas long as short
Backpack TAO_USDC_PERP+0.0739%1h319.65+0.233%$317K$1.0M10xas long as short
Kraken Futures PF_TAOUSD+0.0779%1h319.56+0.204%$6.1M$21.0M50xas long as short
RISEx TAO/USDC+0.0840%1h319.63+0.228%$437K$714K5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h319.66+0.236%$1.1M$7.4M50xas long as short
Injective TAO/USDC PERP+0.3512%1h317.77−0.356%$23K$2K12xas long as short