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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1041%/8h= −114.0% APRpaid last 24h −0.113%
Price spread now: edgeX against RISEx+0.650%55s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.430%−$43 on $10k
Price spread, last 3 days (all we have)−0.495%−$49 · spread now +0.650%, 7d avg −0.021%
Together, before fees−0.925%+ Points / potential airdropedgeX: Active · farm board−$92 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.670% dearer against RISEx than usual: you sell high and buy low (spread +0.650% now, against its 7-day average of −0.021%): +$67 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.430% in total) that is about 5.4 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx TAO/USDC317.450.1141pay 0.0143% / 1h29m 44s$422K$600K5x
ShortedgeX TAOUSDC319.520.0100get 0.0050% / 4h3h 29m$40K$293K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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
−$218.57
Price spread: +0.650% → −0.021%
$67.02
Slippage, 4 orders
−$17.13
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$183.68
Costs to cover
0.321%
Break-even
from the start
Slippage from RISEx: live order book, 44 min ago; edgeX: live order book, 43 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 RISEx live order book, 44 min ago0.48 bp3.5 bp −$428.3 bp −$283doesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago7.98 bp12.5 bp −$1225.6 bp −$256doesn'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−0.1322%1h319.84+0.752%$170K$44K10xas long as short
dYdX TAO-USD0.0000%1h317.15−0.096%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h317.04−0.130%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h317.24−0.067%$42K$589K20xas long as short
Binance TAOUSDT+0.0100%4h317.05−0.127%$91.1M$447.5M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.10−0.112%$26.0M$108.2M50xas long as short
Gate TAO_USDT+0.0100%4h317.00−0.143%$12.9M$50.6M50xas long as short
MEXC TAO_USDT+0.0100%4h317.29−0.052%$108.1M$134.7M300xas long as short
KuCoin TAOUSDTM+0.0100%4h317.44−0.004%$18.1M$29.2M75xas long as short
Bitget TAOUSDT+0.0100%4h316.94−0.162%$35.3M$50.6M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDCshort+0.0100%4h319.52+0.650%$40K$293K10x
Orderly PERP_TAO_USDC+0.0100%4h317.30−0.049%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h317.19−0.083%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h317.41−0.014%$127K$424K20xas long as short
Phemex TAOUSDT+0.0100%4h317.28−0.055%$3.4M$7.9M50xas long as short
GRVT TAO_USDT_Perp+0.0104%4h320.01+0.804%$529K$969K10xas long as short
Aevo TAO-PERP+0.0104%1h317.51+0.016%$174K$9983xas long as short
Katana Perps TAO-USD+0.0114%8h317.29−0.052%$734$623K5xas long as short
Bullet TAO-USD+0.0144%1h317.30−0.048%$12K$17K20xas long as short
Deribit TAO_USDC-PERPETUAL+0.0161%1h317.26−0.060%$17K$1.5M25xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0092%1h317.02−0.138%$458K100xas long as short
Pacifica TAO+0.0185%1h317.62+0.052%$376K$374K10xas long as short
Arcus TAO-USD+0.0201%1h317.90+0.140%$84K$550K5xas long as short
Aster TAOUSDT+0.0230%4h317.38−0.023%$1.1M$8.5M50xas long as short
Paradex TAO-USD-PERP+0.0237%8h317.68+0.071%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0312%1h317.57+0.037%$93K$638K5xas long as short
BloFin TAO-USDT+0.0340%4h318.00+0.172%$4.5M$10.8M100xas long as short
Bybit TAOUSDT+0.0411%4h317.34−0.036%$65.3M$132.9M50xas long as short
BingX TAO-USDT+0.0428%4h317.19−0.083%$30.7Mas long as short
Variational Omni TAO+0.0436%4h318.35+0.281%$5.5M$8.7Mas long as short
Kraken Futures PF_TAOUSD+0.0483%1h317.40−0.016%$5.7M$20.3M50xas long as short
Phoenix TAO+0.0525%1h320.00+0.802%$335K$624K5xas long as short
ApeX Omni TAOUSDT+0.0552%1h320.00+0.802%$48K$266K50xas long as short
Injective TAO/USDC PERP+0.0571%1h322.97+1.738%$23K$67812xas long as short
01 Exchange TAOUSD+0.0632%1h317.50+0.014%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h317.39−0.022%$36520xas long as short
Nado TAO-PERP+0.0798%1h317.34−0.037%$886K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0870%1h317.56+0.033%$321K$819K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h318.00+0.172%$1.5M$6.3M50xas long as short
RISEx TAO/USDClong+0.1141%1h317.45long leg$422K$600K5x
Extended TAO-USD+0.1152%1h317.37−0.025%$927K$2.3M25xas long as short
Lighter TAO+0.1360%1h317.81+0.113%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.2165%1h317.40−0.017%$102.3M$91.0M5xas long as short