Funding you earn now, next payment 06:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.069%
Price spread now: edgeX against Extended+0.163%93s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$350.346% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.194%+$19 · spread now +0.163%, 7d avg +0.042%
=Together, before fees+0.036%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.121% dearer against Extended than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.042%): +$12 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.158% in total) that is about 5.4 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TAO-USD | 318.03 | 0.0496 | pay 0.0062% / 1h | 16m 02s | $906K | $2.4M | 25x |
| Short | edgeX TAOUSDC | 318.55 | 0.0100 | get 0.0050% / 4h | 2h 16m | $42K | $316K | 10x |
Extended TAO-USD
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$83.16
- Price spread: +0.163% → +0.042%
- $12.14
- Slippage, 4 orders
- −$20.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$105.61
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 32 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 Extended live order book, 3 min ago | 3.61 bp | 6.4 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 6.37 bp | 11.2 bp −$11 | 26.6 bp −$266 | 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 | −0.0038% | 1h | 313.74 | −1.350% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.64 | −0.124% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0035% | 1h | 317.64 | −0.125% | $127K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.03 | −0.001% | $53K | $672K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.13 | +0.032% | $91.3M | $512.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.80 | −0.073% | $26.6M | $125.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.60 | −0.136% | $14.1M | $51.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.12 | +0.027% | $100.5M | $147.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.85 | −0.058% | $17.5M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.73 | −0.095% | $35.8M | $57.4M | 50x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDCshort | +0.0100% | 4h | 318.55 | +0.163% | $42K | $316K | 10x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.82 | −0.067% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.56 | −0.149% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.04 | −0.312% | $116K | $565K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.80 | −0.073% | $3.2M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.02 | −0.003% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.03 | −0.001% | $2K | $942K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0117% | 4h | 317.93 | −0.032% | $53K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0141% | 1h | 317.59 | −0.140% | $425K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 318.03 | 0.000% | $363K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0260% | 4h | 317.97 | −0.020% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0273% | 8h | 317.97 | −0.019% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0279% | 1h | 318.01 | −0.008% | $799K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 318.27 | +0.073% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0329% | 1h | 317.95 | −0.025% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.89 | −0.045% | $4.6M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0393% | 4h | 318.27 | +0.074% | $69.4M | $153.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0400% | 4h | 318.07 | +0.012% | — | $33.7M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0448% | 4h | 318.95 | +0.289% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0459% | 4h | 318.52 | +0.153% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 318.34 | +0.096% | $103K | $345K | 5x | as long as short |
| Extended TAO-USDlong | +0.0496% | 1h | 318.03 | long leg | $906K | $2.4M | 25x | |
| Phoenix TAO | +0.0513% | 1h | 319.50 | +0.461% | $318K | $713K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0520% | 1h | 319.52 | +0.467% | $45K | $256K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0606% | 1h | 318.01 | −0.006% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 317.92 | −0.035% | $366 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 318.22 | +0.059% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 318.12 | +0.026% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0820% | 1h | 318.05 | +0.005% | $93.4M | $109.4M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0835% | 1h | 317.99 | −0.014% | $315K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 318.49 | +0.144% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 318.06 | +0.010% | $459K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.543% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Aster TAOUSDT
Paradex TAO-USD-PERP
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Variational Omni TAO
Arcus TAO-USD
Phoenix TAO
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP