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 − costs—prices read too far apart to compare
costs, in and out, $10k−$470.471% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TAOUSDC | 318.91 | 0.0165 | pay 0.0082% / 4h | 3h 12m | $42K | $323K | 10x |
| Short | Polymarket Perps TAO-USD | 319.36 | 0.0100 | get 0.0013% / 1h | 12m 27s | $88K | $1.1M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 21 min ago | 4.76 bp | 9.3 bp −$9 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 6.27 bp | 10.3 bp −$10 | 16.5 bp −$165 | 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 | −1.557% | $167K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 319.33 | +0.134% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.74 | +0.261% | $49K | $699K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 319.67 | +0.240% | $69.9M | $153.9M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.50 | +0.186% | $26.6M | $129.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.40 | +0.155% | $15.2M | $50.4M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.61 | +0.221% | $17.6M | $32.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.26 | +0.111% | $36.0M | $56.7M | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 319.36 | +0.142% | $88K | $1.1M | 5x | |
| SunX TAO-USDT | +0.0100% | 4h | 319.29 | +0.120% | $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 | 318.98 | +0.023% | $116K | $546K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.17 | +0.083% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0119% | 8h | 319.55 | +0.202% | $1K | $1.2M | 5x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.83 | +0.290% | $176K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0162% | 4h | 319.70 | +0.249% | $112.6M | $154.4M | 300x | as long as short |
| Binance TAOUSDT | +0.0164% | 4h | 319.70 | +0.249% | $93.1M | $517.1M | 75x | as long as short |
| edgeX TAOUSDClong | +0.0165% | 4h | 318.91 | long leg | $42K | $323K | 10x | |
| BingX TAO-USDT | +0.0166% | 4h | 319.63 | +0.227% | — | $38.8M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 319.69 | +0.246% | $15K | $876 | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0241% | 4h | 319.64 | +0.230% | $54K | $271K | 10x | as long as short |
| Bullet TAO-USD | +0.0289% | 1h | 319.69 | +0.246% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0297% | 1h | 318.88 | −0.008% | $45K | $256K | 50x | as long as short |
| Aster TAOUSDT | +0.0329% | 4h | 319.71 | +0.252% | $1.3M | $11.1M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0332% | 4h | 319.18 | +0.087% | $541K | $838K | 10x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 319.55 | +0.203% | $363K | $437K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0367% / S −0.0109% | 1h | 319.31 | +0.126% | $379K | — | 100x | as long as short |
| dYdX TAO-USD | +0.0374% | 1h | 319.02 | +0.036% | $128K | $86K | 5x | as long as short |
| BloFin TAO-USDT | +0.0404% | 4h | 319.10 | +0.061% | $4.8M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 319.96 | +0.330% | $101K | $340K | 5x | as long as short |
| Extended TAO-USD | +0.0424% | 1h | 319.45 | +0.172% | $968K | $2.3M | 25x | as long as short |
| Nado TAO-PERP | +0.0445% | 1h | 319.73 | +0.258% | $751K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 319.80 | +0.280% | $322K | $714K | 5x | as long as short |
| Variational Omni TAO | +0.0612% | 4h | 318.74 | −0.052% | $5.6M | $9.9M | — | as long as short |
| Hyperliquid TAO | +0.0630% | 1h | 319.91 | +0.315% | $95.0M | $109.7M | 5x | as long as short |
| Lighter TAO | +0.0648% | 1h | 319.65 | +0.233% | $1.6M | $6.7M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0664% | 1h | 320.05 | +0.359% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0678% | 1h | 319.56 | +0.206% | $9K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 319.04 | +0.042% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0739% | 1h | 319.65 | +0.233% | $317K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0779% | 1h | 319.56 | +0.204% | $6.1M | $21.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 319.63 | +0.228% | $437K | $714K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 319.66 | +0.236% | $1.1M | $7.4M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 317.77 | −0.356% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
MEXC TAO_USDT
Binance TAOUSDT
BingX TAO-USDT
Paradex TAO-USD-PERP
Bullet TAO-USD
ApeX Omni TAOUSDT
Aster TAOUSDT
GRVT TAO_USDT_Perp
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Extended TAO-USD
Phoenix TAO
Variational Omni TAO
Hyperliquid TAO
Lighter TAO
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP