Funding you earn now, next payment 01:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.657%
Price spread now: MEXC against Injective+0.466%70s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.460%−$346 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.466% dearer against Injective than usual: you sell high and buy low (spread +0.466% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−3.460% in total) that is about 23 hours. The two prices were read 70 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 | Injective TAO/USDC PERP | 317.85 | 0.0571 | pay 0.0071% / 1h | 56m 06s | $23K | $370 | 12x |
| Short | MEXC TAO_USDT | 319.33 | 0.0100 | get 0.0050% / 4h | 3h 56m | $104.7M | $130.9M | 300x |
Injective TAO/USDC PERP
MEXC TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- −$99
- Price spread: +0.466% → 0.000%
- $46.56
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$52.46
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.94 bp | 1.0 bp −$1 | 13.5 bp −$135 | 29.7 bp −$2,970 | 114.1 bp −$57.0K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1799% | 1h | 311.96 | −1.853% | $167K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.95 | +0.347% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.63 | +0.244% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.27 | +0.132% | $40K | $576K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 318.51 | +0.208% | $1K | $588K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 319.26 | +0.445% | $91.3M | $437.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.30 | +0.456% | $25.8M | $106.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.20 | +0.425% | $12.9M | $49.4M | 50x | as long as short |
| MEXC TAO_USDTshort | +0.0100% | 4h | 319.33 | +0.466% | $104.7M | $130.9M | 300x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.19 | +0.422% | $19.0M | $28.2M | 75x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 319.27 | +0.447% | $35.7M | $48.7M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 319.13 | +0.402% | $42K | $281K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 317.42 | −0.134% | $531K | $942K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.82 | −0.639% | $47K | $268K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.66 | +0.255% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.75 | +0.283% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.15 | +0.409% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.81 | +0.302% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 321.37 | +1.107% | $176K | $998 | 3x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0160% | 1h | 318.76 | +0.285% | $24K | $1.5M | 25x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0071% | 1h | 318.44 | +0.184% | $454K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 318.78 | +0.293% | $377K | $371K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 318.71 | +0.271% | $84K | $545K | 5x | as long as short |
| Aster TAOUSDT | +0.0206% | 4h | 319.20 | +0.425% | $1.1M | $8.1M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0214% | 8h | 318.28 | +0.135% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0291% | 4h | 319.01 | +0.366% | $5.5M | $8.6M | — | as long as short |
| Bullet TAO-USD | +0.0315% | 1h | 318.58 | +0.230% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 320.00 | +0.676% | $4.4M | $10.8M | 100x | as long as short |
| Polymarket Perps TAO-USD | +0.0380% | 1h | 318.50 | +0.204% | $114K | $616K | 5x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 319.41 | +0.491% | — | $30.7M | — | as long as short |
| Kraken Futures PF_TAOUSD | +0.0481% | 1h | 319.04 | +0.374% | $5.8M | $20.2M | 50x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 319.30 | +0.456% | $335K | $624K | 5x | as long as short |
| Injective TAO/USDC PERPlong | +0.0571% | 1h | 317.85 | long leg | $23K | $370 | 12x | |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.29 | +0.138% | $366 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0718% | 4h | 319.58 | +0.544% | $65.5M | $129.7M | 50x | as long as short |
| Nado TAO-PERP | +0.0859% | 1h | 318.43 | +0.181% | $882K | $2.0M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0864% | 1h | 318.81 | +0.302% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0984% | 1h | 318.92 | +0.338% | $927K | $2.2M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 319.37 | +0.478% | $1.5M | $6.1M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1138% | 1h | 319.54 | +0.532% | $316K | $817K | 10x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 318.47 | +0.196% | $419K | $586K | 5x | as long as short |
| Lighter TAO | +0.2032% | 1h | 319.41 | +0.491% | $1.7M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2971% | 1h | 320.34 | +0.783% | $104.6M | $88.3M | 5x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Deribit TAO_USDC-PERPETUAL
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Variational Omni TAO
Bullet TAO-USD
BloFin TAO-USDT
Polymarket Perps TAO-USD
BingX TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Reya TAORUSDPERP
Bybit TAOUSDT
Nado TAO-PERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO