Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.002%
Price spread now: Polymarket Perps against MEXC+0.163%49s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as 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−$160.160% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.163%, 7d avg +0.005%
=The price spread pays, funding is against you. Polymarket Perps is 0.158% dearer against MEXC than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.005%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−0.066% in total) that is about 17 days. The two prices were read 49 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 | 319.22 | 0.0168 | pay 0.0084% / 4h | 1h 30m | $105.5M | $150.0M | 300x |
| Short | Polymarket Perps TAO-USD | 319.74 | 0.0100 | get 0.0013% / 1h | 30m 37s | $100K | $1.2M | 5x |
MEXC TAO_USDT
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$14.28
- Price spread: +0.163% → +0.005%
- $15.78
- Slippage, 4 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$14.51
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Polymarket Perps: live order book, 2 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 MEXC live order book, 3 min ago | 1.09 bp | 2.5 bp −$2 | 9.2 bp −$92 | 24.2 bp −$2,423 | 91.7 bp −$45.9K |
| Sell Polymarket Perps live order book, 2 min ago | 1.56 bp | 5.6 bp −$6 | 7.9 bp −$79 | 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 | −0.1995% | 1h | 319.47 | +0.078% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.13 | −0.028% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 319.23 | +0.002% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.54 | +0.100% | $42K | $706K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.40 | +0.056% | $26.7M | $129.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.10 | −0.038% | $14.2M | $51.9M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.62 | +0.125% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.05 | −0.053% | $35.9M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.35 | +0.354% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 319.74 | +0.163% | $100K | $1.2M | 5x |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 319.40 | +0.056% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.25 | +0.009% | $119K | $590K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 319.22 | 0.000% | $1K | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0118% / S +0.0149% | 1h | 319.56 | +0.107% | $427K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.75 | +0.166% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 319.73 | +0.160% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0161% | 4h | 320.34 | +0.351% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDTlong | +0.0168% | 4h | 319.22 | long leg | $105.5M | $150.0M | 300x | |
| Binance TAOUSDT | +0.0170% | 4h | 319.49 | +0.084% | $92.5M | $529.1M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0263% | 8h | 319.31 | +0.029% | $14K | $1K | 10x | as long as short |
| Phemex TAOUSDT | +0.0296% | 4h | 319.74 | +0.163% | $3.3M | $8.1M | 50x | as long as short |
| Aster TAOUSDT | +0.0332% | 4h | 319.30 | +0.025% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0338% | 4h | 319.53 | +0.097% | $69.9M | $156.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0350% | 4h | 319.34 | +0.038% | — | $34.5M | — | as long as short |
| Bullet TAO-USD | +0.0390% | 1h | 319.97 | +0.235% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0396% | 4h | 320.22 | +0.312% | $545K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0409% | 4h | 319.67 | +0.141% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USD | +0.0464% | 1h | 319.30 | +0.024% | $916K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 319.41 | +0.059% | $364K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0541% | 4h | 320.05 | +0.260% | $5.7M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.20 | −0.006% | $318K | $709K | 5x | as long as short |
| Nado TAO-PERP | +0.0575% | 1h | 319.97 | +0.234% | $799K | $2.1M | 10x | as long as short |
| Hyperliquid TAO | +0.0621% | 1h | 319.88 | +0.206% | $94.5M | $110.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 319.76 | +0.169% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 319.92 | +0.219% | $103K | $394K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0695% | 1h | 319.64 | +0.132% | $298K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.77 | +0.173% | $368 | — | 20x | as long as short |
| Lighter TAO | +0.0784% | 1h | 319.80 | +0.181% | $1.5M | $6.7M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0787% | 1h | 319.73 | +0.159% | $16K | $1.9M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 319.89 | +0.210% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 319.41 | +0.060% | $457K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1154% | 1h | 319.77 | +0.174% | $6.0M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +1.322% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
edgeX TAOUSDC
Binance TAOUSDT
Paradex TAO-USD-PERP
Phemex TAOUSDT
Aster TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Nado TAO-PERP
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP