Funding you earn now, next payment 08:00 UTC−0.0334%/8h= −36.5% APRpaid last 24h −0.007%
Price spread now: GMX against edgeX+0.020%70s7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now +0.020%, 7d avg +0.009%
=Together, before fees+0.230%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.098%, so the current rate has only just turned against you. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.098% in total (about 10.4% 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 | 317.16 | 0.0178 | pay 0.0089% / 4h | 58m 10s | $42K | $319K | 10x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 317.22 | L +0.0111% / S +0.0155% | pay 0.0019% / 1h | 58m 10s | $424K | — | 100x |
edgeX TAOUSDC
GMX TAO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$70.05
- Price spread: +0.020% → +0.009%
- $1.09
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$89.96
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 45 min ago; GMX: no order-book sample. Net counts fees only.
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, 45 min ago | 4.70 bp | 9.2 bp −$9 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 317.27 | +0.033% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 317.22 | +0.017% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.63 | +0.147% | $43K | $706K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.60 | +0.138% | $26.5M | $129.8M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 317.85 | +0.216% | $169K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.50 | +0.106% | $14.3M | $50.8M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.33 | +0.053% | $17.7M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.49 | +0.103% | $35.7M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 317.02 | −0.045% | $46K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.39 | +0.072% | $84K | $1.2M | 5x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 317.13 | −0.010% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.13 | −0.010% | $116K | $602K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0107% | 8h | 317.42 | +0.081% | $2K | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | L +0.0111% / S +0.0155% | 1h | 317.22 | +0.020% | $424K | — | 100x | |
| Aevo TAO-PERP | +0.0120% | 1h | 317.60 | +0.138% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0134% | 4h | 317.33 | +0.053% | $53K | $293K | 10x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 317.46 | +0.094% | $107.4M | $150.3M | 300x | as long as short |
| Binance TAOUSDT | +0.0171% | 4h | 317.48 | +0.101% | $92.1M | $529.0M | 75x | as long as short |
| edgeX TAOUSDClong | +0.0178% | 4h | 317.16 | long leg | $42K | $319K | 10x | |
| Bullet TAO-USD | +0.0189% | 1h | 317.60 | +0.138% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0229% | 8h | 317.58 | +0.133% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0242% | 4h | 317.53 | +0.116% | $69.6M | $156.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0256% | 4h | 317.67 | +0.160% | — | $36.7M | — | as long as short |
| Pacifica TAO | +0.0313% | 1h | 317.54 | +0.120% | $361K | $427K | 10x | as long as short |
| Extended TAO-USD | +0.0328% | 1h | 317.27 | +0.035% | $904K | $2.4M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0328% | 4h | 317.36 | +0.061% | $541K | $926K | 10x | as long as short |
| Aster TAOUSDT | +0.0330% | 4h | 317.46 | +0.093% | $1.3M | $11.0M | 50x | as long as short |
| BloFin TAO-USDT | +0.0411% | 4h | 317.50 | +0.106% | $4.7M | $10.9M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0458% | 1h | 317.34 | +0.057% | $15K | $2.0M | 25x | as long as short |
| Nado TAO-PERP | +0.0472% | 1h | 317.62 | +0.143% | $787K | $2.0M | 10x | as long as short |
| Arcus TAO-USD | +0.0473% | 1h | 317.83 | +0.210% | $102K | $389K | 5x | as long as short |
| Variational Omni TAO | +0.0502% | 4h | 317.43 | +0.084% | $5.6M | $10.2M | — | as long as short |
| Lighter TAO | +0.0520% | 1h | 317.59 | +0.135% | $1.6M | $6.8M | 5x | as long as short |
| Hyperliquid TAO | +0.0560% | 1h | 317.97 | +0.255% | $94.1M | $110.1M | 5x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 317.40 | +0.075% | $316K | $701K | 5x | as long as short |
| Phemex TAOUSDT | +0.0614% | 4h | 317.57 | +0.128% | $3.2M | $8.2M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 317.96 | +0.251% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0650% | 1h | 317.80 | +0.201% | $296K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 317.39 | +0.071% | $365 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 317.55 | +0.121% | $438K | $677K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0835% | 1h | 317.48 | +0.099% | $5.9M | $21.7M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.45 | +0.406% | $1.5M | $6.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 323.52 | +2.005% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
MEXC TAO_USDT
Binance TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Pacifica TAO
Extended TAO-USD
GRVT TAO_USDT_Perp
Aster TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Arcus TAO-USD
Variational Omni TAO
Lighter TAO
Hyperliquid TAO
Phoenix TAO
Phemex TAOUSDT
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP