Funding you earn now, next payment 06:00 UTC−0.0748%/8h= −81.9% APRpaid last 24h −0.249%
Price spread now: edgeX against Coinbase International−0.074%77s7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.634%−$63 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now −0.074%, 7d avg −0.206%
=Together, before fees−0.799%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.132% dearer against Coinbase International than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.206%): +$13 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.634% in total) that is about 35 hours. The two prices were read 77 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 | Coinbase International TAO-PERP-INTX | 320.63 | 0.0944 | pay 0.0118% / 1h | 10m 00s | $1.5M | $6.8M | 50x |
| Short | edgeX TAOUSDC | 320.39 | 0.0196 | get 0.0098% / 4h | 1h 10m | $42K | $317K | 10x |
Coinbase International TAO-PERP-INTX
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- −$157.1
- Price spread: −0.074% → −0.206%
- $13.17
- Slippage, 4 orders
- −$27.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$190.43
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 33 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 Coinbase International live order book, 4 min ago | 8.10 bp | 14.9 bp −$15 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 4.70 bp | 9.3 bp −$9 | 26.3 bp −$263 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0237% | 1h | 320.94 | +0.097% | $171K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.98 | −0.203% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 319.62 | −0.316% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.03 | −0.187% | $44K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.10 | −0.477% | $26.8M | $129.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.10 | −0.477% | $14.4M | $52.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.32 | −0.409% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.02 | −0.502% | $35.8M | $58.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.33 | −0.094% | $45K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.72 | −0.284% | $85K | $1.2M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
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 | 319.51 | −0.349% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.75 | −0.586% | $116K | $599K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0108% | 8h | 320.12 | −0.159% | $2K | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0114% / S +0.0153% | 1h | 319.54 | −0.340% | $427K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 319.84 | −0.246% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0128% | 4h | 319.74 | −0.278% | $53K | $293K | 10x | as long as short |
| Binance TAOUSDT | +0.0188% | 4h | 319.31 | −0.412% | $92.8M | $528.3M | 75x | as long as short |
| MEXC TAO_USDT | +0.0190% | 4h | 319.27 | −0.424% | $107.1M | $151.3M | 300x | as long as short |
| edgeX TAOUSDCshort | +0.0196% | 4h | 320.39 | −0.074% | $42K | $317K | 10x | |
| Paradex TAO-USD-PERP | +0.0254% | 8h | 320.33 | −0.094% | $15K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0286% | 4h | 319.31 | −0.412% | $70.1M | $155.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0294% | 4h | 319.22 | −0.440% | — | $35.1M | — | as long as short |
| Bullet TAO-USD | +0.0318% | 1h | 319.87 | −0.237% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0355% | 4h | 319.21 | −0.444% | $1.3M | $10.9M | 50x | as long as short |
| Extended TAO-USD | +0.0368% | 1h | 319.21 | −0.443% | $913K | $2.4M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0386% | 4h | 320.29 | −0.107% | $543K | $929K | 10x | as long as short |
| Phemex TAOUSDT | +0.0411% | 4h | 319.90 | −0.228% | $3.3M | $8.1M | 50x | as long as short |
| BloFin TAO-USDT | +0.0431% | 4h | 319.50 | −0.352% | $4.7M | $11.1M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0505% | 1h | 319.68 | −0.298% | $15K | $2.0M | 25x | as long as short |
| Nado TAO-PERP | +0.0512% | 1h | 319.99 | −0.200% | $793K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0513% | 4h | 319.68 | −0.298% | $5.7M | $10.2M | — | as long as short |
| Pacifica TAO | +0.0525% | 1h | 320.33 | −0.094% | $365K | $428K | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 320.70 | +0.022% | $319K | $709K | 5x | as long as short |
| Hyperliquid TAO | +0.0612% | 1h | 319.71 | −0.287% | $94.6M | $110.2M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 320.26 | −0.115% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0632% | 1h | 319.79 | −0.264% | $1.6M | $6.8M | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.26 | −0.115% | $103K | $389K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0690% | 1h | 319.66 | −0.303% | $298K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.69 | −0.294% | $368 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTXlong | +0.0944% | 1h | 320.63 | long leg | $1.5M | $6.8M | 50x | |
| RISEx TAO/USDC | +0.1077% | 1h | 320.13 | −0.154% | $441K | $675K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1154% | 1h | 319.77 | −0.267% | $6.0M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 325.94 | +1.656% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Binance TAOUSDT
MEXC TAO_USDT
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
Aster TAOUSDT
Extended TAO-USD
GRVT TAO_USDT_Perp
Phemex TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Variational Omni TAO
Pacifica TAO
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Lighter TAO
Arcus TAO-USD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP