TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.004%

Price spread now: edgeX against HTX−0.240%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1381.381% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.345%+$34 · spread now −0.240%, 7d avg +0.081%

Together, before fees+0.374%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.321% cheaper against HTX than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of +0.081%). If the spread goes back, that is −$32 on $10k: about 16 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.029% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TAO-USDT	313.20	0.0100	pay 0.0050% / 4h	45m 29s	$114K	$550K	20x
Short	edgeX TAOUSDC	312.45	0.0167	get 0.0083% / 4h	45m 29s	$41K	$325K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.240%Rate

Funding earned: $13.97
Price spread: −0.240% → +0.081%: −$32.09
Slippage, 4 orders: −$117.08
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$156.21
Costs to cover: 1.381%
Break-even: 85.3 days

Slippage from HTX: live order book, 61 min ago; edgeX: live order book, 61 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 HTX live order book, 61 min ago	16.81 bp	80.8 bp −$81	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 61 min ago	6.34 bp	11.0 bp −$11	24.0 bp −$240	doesn't fit	doesn't fit

TAO on 43 exchanges

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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0003%	1h	313.00	−0.065%	$19K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.95	+0.239%	$55K	$633K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.30	+0.351%	$26.8M	$126.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.40	+0.064%	$16.1M	$46.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.62	+0.134%	$17.3M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.98	+0.249%	$35.5M	$54.1M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.45	−0.239%	$44K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.11	+0.291%	$68K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.08	−0.038%	$1K	$1.7M	20x	as long as short
HTX TAO-USDTlong	+0.0100%	4h	313.20	long leg	$114K	$550K	20x

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps TAO-USD	+0.0102%	8h	313.63	+0.137%	$1K	$1.3M	5x	as long as short
Extended TAO-USD	+0.0104%	1h	313.61	+0.132%	$922K	$2.1M	25x	as long as short
Aevo TAO-PERP	+0.0120%	1h	313.31	+0.035%	$172K	$998	3x	as long as short
MEXC TAO_USDT	+0.0166%	4h	313.70	+0.160%	$111.9M	$147.2M	300x	as long as short
edgeX TAOUSDCshort	+0.0167%	4h	312.45	−0.240%	$41K	$325K	10x
Binance TAOUSDT	+0.0167%	4h	313.95	+0.240%	$93.2M	$507.0M	75x	as long as short
Pacifica TAO	+0.0223%	1h	313.75	+0.175%	$381K	$455K	10x	as long as short
Bullet TAO-USD	+0.0273%	1h	313.47	+0.086%	$12K	$16K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0276%	4h	313.38	+0.059%	$533K	$759K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0277%	4h	313.25	+0.016%	$52K	$262K	10x	as long as short
Paradex TAO-USD-PERP	+0.0292%	8h	313.69	+0.155%	$14K	$769	10x	as long as short
Lighter TAO	+0.0328%	1h	313.82	+0.198%	$1.6M	$6.7M	5x	as long as short
Aster TAOUSDT	+0.0356%	4h	313.93	+0.233%	$1.2M	$11.5M	50x	as long as short
dYdX TAO-USD	+0.0362%	1h	313.12	−0.026%	$264K	$230K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0372% / S −0.0114%	1h	313.11	−0.028%	$377K	—	100x	as long as short
BingX TAO-USDT	+0.0388%	4h	313.69	+0.156%	—	$37.9M	—	as long as short
Bybit TAOUSDT	+0.0393%	4h	314.21	+0.322%	$69.7M	$154.6M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0406%	1h	313.25	+0.016%	$22K	$1.9M	25x	as long as short
BloFin TAO-USDT	+0.0408%	4h	313.80	+0.192%	$4.9M	$10.5M	100x	as long as short
Phemex TAOUSDT	+0.0451%	4h	313.63	+0.137%	$3.1M	$8.3M	50x	as long as short
Nado TAO-PERP	+0.0468%	1h	314.02	+0.261%	$652K	$2.0M	10x	as long as short
Hyperliquid TAO	+0.0518%	1h	313.76	+0.179%	$93.7M	$105.5M	5x	as long as short
Arcus TAO-USD	+0.0587%	1h	313.93	+0.233%	$99K	$285K	5x	as long as short
Variational Omni TAO	+0.0619%	4h	313.24	+0.011%	$6.2M	$10.1M	—	as long as short
Phoenix TAO	+0.0636%	1h	313.90	+0.223%	$315K	$701K	5x	as long as short
RISEx TAO/USDC	+0.0694%	1h	313.65	+0.143%	$435K	$665K	5x	as long as short
Reya TAORUSDPERP	+0.0699%	1h	314.18	+0.313%	$361	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0728%	1h	313.57	+0.118%	$1.1M	$7.4M	50x	as long as short
01 Exchange TAOUSD	+0.0760%	1h	314.22	+0.326%	$3K	$2K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0853%	1h	313.70	+0.160%	$298K	$1.1M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0862%	1h	313.41	+0.066%	$6.2M	$19.6M	50x	as long as short
Bulk TAO-USD	+0.1436%	1h	313.89	+0.220%	$166K	$662	10x	as long as short
Injective TAO/USDC PERP	+0.4136%	1h	317.23	+1.287%	$23K	$2K	12x	as long as short