Funding you earn now, next payment 01:00 UTC+0.0924%/8h= +101.2% APRpaid last 24h +0.230%
Price spread now: Coinbase International against edgeX+0.010%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.595%+$59 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now +0.010%, 7d avg +0.203%
=Together, before fees+0.798%+ Points / potential airdropedgeX: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.193% cheaper against edgeX than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.203%). If the spread goes back, that is −$19 on $10k: about 17 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.595% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.595% in total (about 31.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TAOUSDC | 314.93 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $35K | $300K | 10x |
| Short | Coinbase International TAO-PERP-INTX | 314.96 | 0.1024 | get 0.0128% / 1h | 16m 57s | $1.5M | $6.5M | 50x |
edgeX TAOUSDC
Coinbase International TAO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $194.04
- Price spread: +0.010% → +0.203%
- −$19.32
- Slippage, 4 orders
- −$34.94
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $120.78
- Costs to cover
- 0.539%
- Break-even
- 2.6 days
Slippage from edgeX: live order book, 51 min ago; Coinbase International: 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 edgeX live order book, 51 min ago | 7.89 bp | 12.4 bp −$12 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 9.33 bp | 14.3 bp −$14 | 17.8 bp −$178 | doesn't fit | doesn't fit |
TAO on 42 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 | 315.05 | +0.037% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.12 | −0.259% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.02 | +0.029% | $43K | $634K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.54 | +0.193% | $90.6M | $467.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.20 | +0.086% | $26.0M | $113.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.10 | +0.054% | $12.9M | $50.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.40 | +0.149% | $111.6M | $139.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.38 | +0.143% | $18.0M | $30.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.94 | +0.003% | $35.2M | $53.9M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 314.93 | long leg | $35K | $300K | 10x |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.80 | −0.041% | $47K | $253K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.32 | −0.193% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.38 | −0.174% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.22 | +0.092% | $129K | $473K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.47 | −0.146% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.87 | −0.017% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0118% | 8h | 314.97 | +0.013% | $2K | $712K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0119% | 1h | 314.91 | −0.006% | $79K | $682K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0168% | 1h | 314.39 | −0.170% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0168% / S +0.0099% | 1h | 314.14 | −0.251% | $430K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0176% | 4h | 315.62 | +0.219% | $520K | $954K | 10x | as long as short |
| Bullet TAO-USD | +0.0248% | 1h | 314.61 | −0.101% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0259% | 4h | 314.56 | −0.118% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 315.42 | +0.156% | $371K | $384K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 315.40 | +0.149% | $99K | $529K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0339% | 1h | 314.23 | −0.221% | $22K | $1.5M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0364% | 8h | 315.55 | +0.196% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 318.67 | +1.188% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0532% | 1h | 314.68 | −0.078% | $785K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 316.00 | +0.340% | $330K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 315.27 | +0.108% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.45 | −0.152% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0800% | 4h | 315.52 | +0.188% | — | $30.9M | — | as long as short |
| Bybit TAOUSDT | +0.0824% | 4h | 315.81 | +0.280% | $66.4M | $138.1M | 50x | as long as short |
| Variational Omni TAO | +0.0845% | 4h | 315.73 | +0.253% | $5.5M | $8.9M | — | as long as short |
| Extended TAO-USD | +0.0928% | 1h | 315.27 | +0.109% | $903K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0930% | 1h | 314.68 | −0.079% | $318K | $810K | 10x | as long as short |
| Coinbase International TAO-PERP-INTXshort | +0.1024% | 1h | 314.96 | +0.010% | $1.5M | $6.5M | 50x | |
| RISEx TAO/USDC | +0.1132% | 1h | 315.06 | +0.042% | $450K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1338% | 1h | 315.08 | +0.048% | $100.1M | $95.2M | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 315.03 | +0.033% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −1.900% | $164K | $40K | 10x | as long as short |
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Bullet TAO-USD
Aster TAOUSDT
Pacifica TAO
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Injective TAO/USDC PERP
Nado TAO-PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD