Funding you earn now, next payment 06:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h −0.312%
Price spread now: Bulk against edgeX+0.091%56s7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.271% of the position
Funding, last 4 days (all we have)−0.364%−$36 on $10k
+Price spread, last 4 days (all we have)−0.381%−$38 · spread now +0.091%, 7d avg −0.096%
=Together, before fees−0.745%+ Points / potential airdropedgeX: Active · farm board−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bulk is 0.187% dearer against edgeX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.096%. Mind the row above: over the last 4 days funding on this pair cost −0.364%, so the current rate has only just turned in your favour. The two prices were read 56 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 | edgeX TAOUSDC | 312.14 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $41K | $314K | 10x |
| Short | Bulk TAO-USD | 312.42 | 0.0138 | get 0.0017% / 1h | 48m 39s | $166K | $333 | 10x |
edgeX TAOUSDC
Bulk TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against edgeX. 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
- $7.9
- Price spread: +0.091% → −0.096%
- $18.75
- Slippage, 4 orders
- −$11.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$0.44
- Costs to cover
- 0.271%
- Break-even
- 7.4 days
Slippage from edgeX: live order book, 64 min ago; Bulk: live order book, just now.
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 edgeX live order book, 64 min ago | 4.77 bp | 9.3 bp −$9 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Bulk live order book, just now | 0.32 bp | 4.0 bp −$4 | 4.4 bp −$44 | 4.5 bp −$445 | 12.3 bp −$6,155 |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 313.35 | +0.387% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 313.05 | +0.291% | $22K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 313.50 | +0.436% | $2K | $882K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.59 | +0.465% | $89.7M | $504.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.70 | +0.500% | $26.2M | $122.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | +0.340% | $13.7M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.75 | +0.516% | $104.8M | $144.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.49 | +0.433% | $17.5M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.40 | +0.404% | $35.3M | $56.9M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 312.14 | long leg | $41K | $314K | 10x |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.27 | +0.363% | $81K | $908K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.15 | +0.324% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.82 | +0.218% | $111K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.37 | +0.396% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 313.21 | +0.343% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0132% / S +0.0137% | 1h | 313.01 | +0.280% | $419K | — | 100x | as long as short |
| Bulk TAO-USDshort | +0.0138% | 1h | 312.42 | +0.091% | $166K | $333 | 10x | |
| Aster TAOUSDT | +0.0156% | 4h | 313.30 | +0.373% | $1.3M | $10.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0229% | 8h | 313.54 | +0.450% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 313.59 | +0.465% | $357K | $419K | 10x | as long as short |
| Popdex TAOUSDT | +0.0248% | 1h | 313.70 | +0.500% | $49K | $662K | 20x | as long as short |
| Nado TAO-PERP | +0.0254% | 1h | 313.33 | +0.383% | $779K | $2.2M | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0255% | 1h | 312.72 | +0.186% | $46K | $255K | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0260% | 4h | 313.21 | +0.345% | $532K | $942K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0304% | 1h | 313.18 | +0.334% | $5.5M | $20.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0330% | 1h | 313.46 | +0.423% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.62 | +0.475% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0358% | 4h | 313.67 | +0.491% | — | $33.6M | — | as long as short |
| Variational Omni TAO | +0.0371% | 4h | 313.10 | +0.308% | $5.5M | $10.1M | — | as long as short |
| Phemex TAOUSDT | +0.0374% | 4h | 313.47 | +0.427% | $3.1M | $7.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0384% | 4h | 313.79 | +0.529% | $68.0M | $151.3M | 50x | as long as short |
| Extended TAO-USD | +0.0392% | 1h | 313.60 | +0.469% | $905K | $2.4M | 25x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0427% | 1h | 313.20 | +0.342% | $11K | $1.8M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.95 | +0.580% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | +0.372% | $312K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.40 | +0.403% | $360 | — | 20x | as long as short |
| Hyperliquid TAO | +0.0718% | 1h | 313.61 | +0.472% | $91.7M | $108.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0784% | 1h | 314.19 | +0.657% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0806% | 1h | 313.51 | +0.440% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0920% | 1h | 313.78 | +0.525% | $1.5M | $6.5M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 314.20 | +0.661% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.75 | +0.515% | $452K | $651K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 316.07 | +1.260% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
Popdex TAOUSDT
Nado TAO-PERP
ApeX Omni TAOUSDT
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Phemex TAOUSDT
Bybit TAOUSDT
Extended TAO-USD
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Phoenix TAO
Reya TAORUSDPERP
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP