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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1041%/8h= +114.0% APRpaid last 24h +0.113%
Price spread now: RISEx against edgeX−0.645%55s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.430%+$43 on $10k
Price spread, last 3 days (all we have)+0.490%+$49 · spread now −0.645%, 7d avg +0.021%
Together, before fees+0.921%+ Points / potential airdropedgeX: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.666% cheaper against edgeX than usual: you would sell low and buy high (spread −0.645% now, against its 7-day average of +0.021%). If the spread goes back, that is −$67 on $10k: about 2.1 days of funding at the current rate (+$31 a day). At the pace of the last 3 days (+0.430% in total) that is about 5.3 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC319.520.0100pay 0.0050% / 4h3h 29m$40K$293K10x
ShortRISEx TAO/USDC317.450.1141get 0.0143% / 1h29m 51s$422K$600K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$218.57
Price spread: −0.645% → +0.021%
−$66.6
Slippage, 4 orders
−$17.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
$119.84
Costs to cover
0.321%
Break-even
3.2 days
Slippage from edgeX: live order book, 43 min ago; RISEx: live order book, 44 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, 43 min ago7.98 bp12.6 bp −$1329.0 bp −$290doesn't fitdoesn't fit
Sell RISEx live order book, 44 min ago0.48 bp3.5 bp −$426.4 bp −$264doesn'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−0.1322%1h319.84+0.101%$170K$44K10xas long as short
dYdX TAO-USD0.0000%1h317.15−0.741%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h317.04−0.775%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h317.24−0.712%$42K$589K20xas long as short
Binance TAOUSDT+0.0100%4h317.05−0.772%$91.1M$447.5M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.10−0.756%$26.0M$108.2M50xas long as short
Gate TAO_USDT+0.0100%4h317.00−0.788%$12.9M$50.6M50xas long as short
MEXC TAO_USDT+0.0100%4h317.29−0.697%$108.1M$134.7M300xas long as short
KuCoin TAOUSDTM+0.0100%4h317.44−0.650%$18.1M$29.2M75xas long as short
Bitget TAOUSDT+0.0100%4h316.94−0.806%$35.3M$50.6M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDClong+0.0100%4h319.52long leg$40K$293K10x
Orderly PERP_TAO_USDC+0.0100%4h317.30−0.694%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h317.19−0.728%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h317.41−0.659%$127K$424K20xas long as short
Phemex TAOUSDT+0.0100%4h317.28−0.700%$3.4M$7.9M50xas long as short
GRVT TAO_USDT_Perp+0.0104%4h320.01+0.153%$529K$969K10xas long as short
Aevo TAO-PERP+0.0104%1h317.51−0.629%$174K$9983xas long as short
Katana Perps TAO-USD+0.0114%8h317.29−0.697%$734$623K5xas long as short
Bullet TAO-USD+0.0144%1h317.30−0.693%$12K$17K20xas long as short
Deribit TAO_USDC-PERPETUAL+0.0161%1h317.26−0.705%$17K$1.5M25xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0092%1h317.02−0.783%$458K100xas long as short
Pacifica TAO+0.0185%1h317.62−0.594%$376K$374K10xas long as short
Arcus TAO-USD+0.0201%1h317.90−0.506%$84K$550K5xas long as short
Aster TAOUSDT+0.0230%4h317.38−0.669%$1.1M$8.5M50xas long as short
Paradex TAO-USD-PERP+0.0237%8h317.68−0.575%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0312%1h317.57−0.609%$93K$638K5xas long as short
BloFin TAO-USDT+0.0340%4h318.00−0.475%$4.5M$10.8M100xas long as short
Bybit TAOUSDT+0.0411%4h317.34−0.681%$65.3M$132.9M50xas long as short
BingX TAO-USDT+0.0428%4h317.19−0.728%$30.7Mas long as short
Variational Omni TAO+0.0436%4h318.35−0.366%$5.5M$8.7Mas long as short
Kraken Futures PF_TAOUSD+0.0483%1h317.40−0.661%$5.7M$20.3M50xas long as short
Phoenix TAO+0.0525%1h320.00+0.151%$335K$624K5xas long as short
ApeX Omni TAOUSDT+0.0552%1h320.00+0.151%$48K$266K50xas long as short
Injective TAO/USDC PERP+0.0571%1h322.97+1.081%$23K$67812xas long as short
01 Exchange TAOUSD+0.0632%1h317.50−0.631%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h317.39−0.667%$36520xas long as short
Nado TAO-PERP+0.0798%1h317.34−0.682%$886K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0870%1h317.56−0.612%$321K$819K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h318.00−0.475%$1.5M$6.3M50xas long as short
RISEx TAO/USDCshort+0.1141%1h317.45−0.645%$422K$600K5x
Extended TAO-USD+0.1152%1h317.37−0.671%$927K$2.3M25xas long as short
Lighter TAO+0.1360%1h317.81−0.533%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.2165%1h317.40−0.662%$102.3M$91.0M5xas long as short