Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: edgeX against Polymarket Perps−0.402%64s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.569%+$57 · spread now −0.402%, 7d avg −0.001%
Together, before fees+0.622%+ Points / potential airdropedgeX: Active · farm board+$62 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.401% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TAO-USD321.020.0100pay 0.0013% / 1h35m 48s$88K$789K5x
ShortedgeX TAOUSDC319.730.0100get 0.0050% / 4h1h 35m$36K$300K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.402% → −0.001%
−$40.05
Slippage, 4 orders
−$19.53
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$76.58
Costs to cover
0.365%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 27 min ago; edgeX: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 27 min ago1.42 bp9.5 bp −$1014.0 bp −$140doesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago6.30 bp10.8 bp −$1124.0 bp −$240doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.3652%1h316.49−1.411%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h321.74+0.223%$129K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h320.05−0.301%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h320.77−0.078%$45K$657K20xas long as short
Binance TAOUSDT+0.0100%4h322.24+0.381%$93.9M$474.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h323.40+0.741%$26.4M$118.7M50xas long as short
Gate TAO_USDT+0.0100%4h320.40−0.193%$13.1M$49.5M50xas long as short
MEXC TAO_USDT+0.0100%4h323.17+0.670%$109.7M$140.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h321.98+0.299%$18.1M$30.9M75xas long as short
Bitget TAOUSDT+0.0100%4h323.06+0.635%$36.1M$54.1M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDCshort+0.0100%4h319.73−0.402%$36K$300K10x
Polymarket Perps TAO-USDlong+0.0100%1h321.02long leg$88K$789K5x
SunX TAO-USDT+0.0100%4h320.32−0.218%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h320.67−0.109%$130K$479K20xas long as short
Phemex TAOUSDT+0.0100%4h320.44−0.181%$3.5M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h320.69−0.104%$176K$9983xas long as short
Orderly PERP_TAO_USDC+0.0107%4h320.46−0.174%$58K$281K10xas long as short
Katana Perps TAO-USD+0.0117%8h320.84−0.056%$682$765K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0162% / S +0.0106%1h320.08−0.293%$435K100xas long as short
GRVT TAO_USDT_Perp+0.0238%4h319.35−0.522%$531K$957K10xas long as short
Kraken Futures PF_TAOUSD+0.0245%1h320.47−0.172%$5.6M$20.5M50xas long as short
Bullet TAO-USD+0.0303%1h320.58−0.136%$12K$18K20xas long as short
Paradex TAO-USD-PERP+0.0317%8h323.33+0.719%$15K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h321.38+0.112%$4.5M$10.7M100xas long as short
Aster TAOUSDT+0.0341%4h320.84−0.056%$1.2M$9.4M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0376%1h320.33−0.216%$17K$1.6M25xas long as short
Pacifica TAO+0.0448%1h322.11+0.340%$380K$396K10xas long as short
Phoenix TAO+0.0504%1h320.50−0.162%$335K$707K5xas long as short
Arcus TAO-USD+0.0509%1h323.00+0.617%$101K$490K5xas long as short
Nado TAO-PERP+0.0539%1h320.54−0.150%$777K$2.1M10xas long as short
Bybit TAOUSDT+0.0584%4h323.42+0.748%$70.2M$141.9M50xas long as short
BingX TAO-USDT+0.0608%4h320.49−0.165%$30.3Mas long as short
ApeX Omni TAOUSDT+0.0686%1h319.20−0.567%$47K$254K50xas long as short
Reya TAORUSDPERP+0.0696%1h320.58−0.137%$36920xas long as short
01 Exchange TAOUSD+0.0768%1h321.39+0.115%$3K$4K5xas long as short
Variational Omni TAO+0.0866%4h320.39−0.195%$5.9M$9.7Mas long as short
Lighter TAO+0.0896%1h322.30+0.398%$1.6M$6.3M5xas long as short
Extended TAO-USD+0.0904%1h320.52−0.156%$939K$2.3M25xas long as short
Backpack TAO_USDC_PERP+0.1023%1h320.15−0.271%$440K$860K10xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h321.63+0.190%$1.5M$6.6M50xas long as short
RISEx TAO/USDC+0.1159%1h321.21+0.059%$457K$627K5xas long as short
Hyperliquid TAO+0.1346%1h322.32+0.405%$101.3M$98.6M5xas long as short
Injective TAO/USDC PERP+0.4172%1h323.37+0.732%$24K$2K12xas long as short