Funding you earn now, next payment 12:00 UTC+0.3992%/8h= +437.1% APRpaid last 24h +0.848%
Price spread now: Injective against MEXC−0.174%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+3.699%+$370 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.174% cheaper against MEXC than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 3 hours of funding at the current rate (+$120 a day). At the pace of the last 7 days (+3.699% in total) that is about 8 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 | MEXC TAO_USDT | 322.58 | 0.0144 | pay 0.0072% / 4h | 10m 09s | $114.6M | $152.0M | 300x |
| Short | Injective TAO/USDC PERP | 322.02 | 0.4136 | get 0.0517% / 1h | 10m 09s | $23K | $2K | 12x |
MEXC TAO_USDT
Injective TAO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $838.35
- Price spread: −0.174% → 0.000%
- −$17.36
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $820.97
- Costs to cover
- 0.000%
- Break-even
- 0.1 days
Slippage unknown: MEXC: live order book, 2 min ago; Injective: 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, 2 min ago | 0.31 bp | 3.1 bp −$3 | 8.8 bp −$88 | 28.1 bp −$2,812 | 109.5 bp −$54.8K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 322.29 | −0.090% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 322.24 | −0.105% | $60K | $610K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 323.10 | +0.161% | $27.8M | $127.6M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 319.24 | −1.036% | $169K | $662 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 322.30 | −0.087% | $16.9M | $47.7M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 322.43 | −0.047% | $17.9M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 322.61 | +0.009% | $36.5M | $52.9M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.09 | −1.082% | $45K | $251K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 322.36 | −0.068% | $68K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 322.40 | −0.056% | $2K | $1.7M | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 322.08 | −0.155% | $117K | $520K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 322.31 | −0.084% | $2K | $1.3M | 5x | as long as short |
| Extended TAO-USD | +0.0104% | 1h | 322.50 | −0.026% | $877K | $2.1M | 25x | as long as short |
| Phemex TAOUSDT | +0.0120% | 4h | 322.21 | −0.115% | $3.2M | $8.3M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 322.68 | +0.032% | $177K | $998 | 3x | as long as short |
| dYdX TAO-USD | +0.0135% | 1h | 321.56 | −0.316% | $271K | $226K | 5x | as long as short |
| MEXC TAO_USDTlong | +0.0144% | 4h | 322.58 | long leg | $114.6M | $152.0M | 300x | |
| Binance TAOUSDT | +0.0144% | 4h | 323.17 | +0.184% | $96.3M | $499.4M | 75x | as long as short |
| edgeX TAOUSDC | +0.0145% | 4h | 319.74 | −0.879% | $42K | $324K | 10x | as long as short |
| Bullet TAO-USD | +0.0170% | 1h | 322.53 | −0.016% | $12K | $15K | 20x | as long as short |
| Pacifica TAO | +0.0223% | 1h | 322.02 | −0.175% | $390K | $449K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0231% | 8h | 322.48 | −0.031% | $15K | $769 | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0240% | 4h | 320.23 | −0.728% | $542K | $782K | 10x | as long as short |
| Bybit TAOUSDT | +0.0255% | 4h | 323.18 | +0.186% | $71.8M | $152.0M | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0257% | 4h | 322.54 | −0.012% | $54K | $262K | 10x | as long as short |
| BingX TAO-USDT | +0.0280% | 4h | 322.63 | +0.016% | — | $36.7M | — | as long as short |
| Nado TAO-PERP | +0.0312% | 1h | 320.27 | −0.717% | $666K | $1.9M | 10x | as long as short |
| Aster TAOUSDT | +0.0330% | 4h | 322.91 | +0.102% | $1.3M | $11.4M | 50x | as long as short |
| BloFin TAO-USDT | +0.0384% | 4h | 320.42 | −0.670% | $4.9M | $9.9M | 100x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0390% / S −0.0121% | 1h | 322.23 | −0.109% | $391K | — | 100x | as long as short |
| Lighter TAO | +0.0480% | 1h | 322.64 | +0.018% | $1.7M | $6.8M | 5x | as long as short |
| Hyperliquid TAO | +0.0489% | 1h | 322.99 | +0.127% | $96.8M | $104.7M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0512% | 1h | 322.56 | −0.007% | $44K | $1.9M | 25x | as long as short |
| Variational Omni TAO | +0.0520% | 4h | 320.67 | −0.593% | $6.6M | $9.8M | — | as long as short |
| Arcus TAO-USD | +0.0587% | 1h | 322.52 | −0.019% | $102K | $285K | 5x | as long as short |
| Phoenix TAO | +0.0636% | 1h | 319.70 | −0.893% | $321K | $701K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0689% | 1h | 322.87 | +0.090% | $307K | $1.1M | 10x | as long as short |
| RISEx TAO/USDC | +0.0694% | 1h | 322.23 | −0.110% | $431K | $652K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0700% | 1h | 322.44 | −0.042% | $371 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0712% | 1h | 322.74 | +0.050% | $3K | $2K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0728% | 1h | 322.82 | +0.074% | $1.1M | $7.4M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0837% | 1h | 322.76 | +0.055% | $6.5M | $19.4M | 50x | as long as short |
| Injective TAO/USDC PERPshort | +0.4136% | 1h | 322.02 | −0.174% | $23K | $2K | 12x |
HTX TAO-USDT
Katana Perps TAO-USD
Extended TAO-USD
Phemex TAOUSDT
Aevo TAO-PERP
dYdX TAO-USD
Binance TAOUSDT
edgeX TAOUSDC
Bullet TAO-USD
Pacifica TAO
Paradex TAO-USD-PERP
GRVT TAO_USDT_Perp
Bybit TAOUSDT
Orderly PERP_TAO_USDC
BingX TAO-USDT
Nado TAO-PERP
Aster TAOUSDT
BloFin TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Lighter TAO
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
Variational Omni TAO
Arcus TAO-USD
Phoenix TAO
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Reya TAORUSDPERP
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD