Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h +0.009%
Price spread now: GMX against MEXC+0.174%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now +0.174%, 7d avg −0.009%
=The price spread pays, funding is against you. GMX is 0.183% dearer against MEXC than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of −0.009%): +$18 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 3 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAO_USDT | 315.40 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $101.0M | $143.5M | 300x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 315.95 | L +0.0157% / S +0.0112% | pay 0.0014% / 1h | 12m 54s | $430K | — | 100x |
MEXC TAO_USDT
GMX TAO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- −$44.42
- Price spread: +0.174% → −0.009%
- $18.31
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$38.1
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; GMX: no order-book sample. 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 MEXC live order book, 1 min ago | 1.10 bp | 3.0 bp −$3 | 12.6 bp −$126 | 32.4 bp −$3,242 | 123.3 bp −$61.7K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.1916% | 1h | 325.17 | +3.098% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.73 | +0.422% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.91 | +0.162% | $20K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0086% | 1h | 315.79 | +0.125% | $16K | $1.6M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.09 | +0.536% | $40K | $683K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.91 | +0.160% | $91.9M | $488.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.40 | +0.317% | $26.0M | $119.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.20 | −0.063% | $12.9M | $50.2M | 50x | as long as short |
| MEXC TAO_USDTlong | +0.0100% | 4h | 315.40 | long leg | $101.0M | $143.5M | 300x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.29 | −0.035% | $17.6M | $31.6M | 75x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
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 | 316.08 | +0.216% | $35.3M | $55.6M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 323.66 | +2.619% | $36K | $303K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.71 | +0.415% | $87K | $794K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.42 | +0.006% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.44 | +0.013% | $128K | $482K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.83 | +0.135% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0114% | 8h | 316.94 | +0.488% | $2K | $776K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0125% | 4h | 315.70 | +0.095% | $57K | $282K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | L +0.0157% / S +0.0112% | 1h | 315.95 | +0.174% | $430K | — | 100x | |
| Bullet TAO-USD | +0.0210% | 1h | 316.19 | +0.250% | $12K | $18K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0224% | 4h | 321.44 | +1.915% | $533K | $965K | 10x | as long as short |
| Phemex TAOUSDT | +0.0233% | 4h | 315.50 | +0.032% | $3.4M | $7.9M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0249% | 1h | 315.58 | +0.057% | $5.6M | $20.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0264% | 8h | 317.19 | +0.566% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0287% | 4h | 315.32 | −0.025% | $1.2M | $10.0M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.00 | +0.190% | $3.8M | $11.3M | 100x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 316.94 | +0.490% | $375K | $405K | 10x | as long as short |
| Bybit TAOUSDT | +0.0459% | 4h | 316.25 | +0.269% | $69.4M | $145.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0466% | 4h | 316.07 | +0.212% | — | $30.4M | — | as long as short |
| Phoenix TAO | +0.0504% | 1h | 324.80 | +2.980% | $340K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 317.35 | +0.618% | $100K | $488K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0524% | 1h | 324.14 | +2.771% | $48K | $253K | 50x | as long as short |
| Nado TAO-PERP | +0.0625% | 1h | 316.36 | +0.305% | $789K | $2.2M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.02 | +0.197% | $363 | — | 20x | as long as short |
| Extended TAO-USD | +0.0720% | 1h | 315.31 | −0.027% | $928K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0728% | 1h | 317.15 | +0.555% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0760% | 1h | 315.98 | +0.183% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0831% | 4h | 317.31 | +0.607% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0928% | 1h | 315.29 | −0.035% | $314K | $923K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.56 | +0.685% | $1.5M | $6.8M | 50x | as long as short |
| Hyperliquid TAO | +0.1084% | 1h | 316.39 | +0.315% | $96.0M | $104.5M | 5x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 317.13 | +0.550% | $448K | $656K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.972% | $23K | $2K | 12x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Bullet TAO-USD
GRVT TAO_USDT_Perp
Phemex TAOUSDT
Kraken Futures PF_TAOUSD
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Pacifica TAO
Bybit TAOUSDT
BingX TAO-USDT
Phoenix TAO
Arcus TAO-USD
ApeX Omni TAOUSDT
Nado TAO-PERP
Reya TAORUSDPERP
Extended TAO-USD
01 Exchange TAOUSD
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP