TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against edgeX−0.882%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.458%+$46 on $10k

Price spread, last 3 days (all we have)+1.022%+$102 · spread now −0.882%, 7d avg +0.051%

Together, before fees+1.480%+ Points / potential airdropedgeX: Active · farm board+$148 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.932% cheaper against edgeX than usual: you would sell low and buy high (spread −0.882% now, against its 7-day average of +0.051%). If the spread goes back, that is −$93 on $10k: about 13 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TAOUSDC	317.06	0.0100	pay 0.0050% / 4h	3h 02m	$40K	$294K	10x
Short	BloFin TAO-USDT	314.26	0.0340	get 0.0170% / 4h	3h 02m	$4.4M	$10.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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 edgeXbpFee BloFinbpOrdersPrice spread, now −0.882%Rate

Funding earned: $50.4
Price spread: −0.882% → +0.051%: −$93.23
Slippage, 4 orders: −$25.65
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$89.48
Costs to cover: 0.466%
Break-even: 19.4 days

Slippage from edgeX: live order book, 6 min ago; BloFin: live order book, 7 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, 6 min ago	7.89 bp	12.4 bp −$12	26.6 bp −$266	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	4.11 bp	11.7 bp −$12	20.2 bp −$202	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	−0.1228%	1h	316.14	−0.289%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.65	−0.760%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	314.10	−0.933%	$12K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.66	−0.755%	$44K	$605K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.14	−0.919%	$90.0M	$452.5M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.70	−1.058%	$25.6M	$108.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.30	−1.184%	$12.7M	$51.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	313.57	−1.099%	$100.4M	$137.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.42	−1.147%	$18.2M	$29.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.45	−1.137%	$34.9M	$51.7M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDClong	+0.0100%	4h	317.06	long leg	$40K	$294K	10x
GRVT TAO_USDT_Perp	+0.0100%	4h	316.35	−0.222%	$524K	$958K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	314.19	−0.904%	$56K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.88	−1.001%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.03	−0.954%	$125K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.55	−0.792%	$173K	$998	3x	as long as short
Bullet TAO-USD	+0.0109%	1h	314.49	−0.809%	$12K	$17K	20x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0113%	1h	314.05	−0.949%	$16K	$1.5M	25x	as long as short
ApeX Omni TAOUSDT	+0.0117%	1h	316.47	−0.185%	$48K	$267K	50x	as long as short
Katana Perps TAO-USD	+0.0120%	8h	314.92	−0.673%	$644	$648K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0102%	1h	314.07	−0.940%	$445K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	314.74	−0.730%	$373K	$376K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	314.57	−0.784%	$83K	$550K	5x	as long as short
Aster TAOUSDT	+0.0204%	4h	314.08	−0.938%	$1.3M	$8.9M	50x	as long as short
Paradex TAO-USD-PERP	+0.0237%	8h	314.44	−0.826%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0260%	1h	314.64	−0.762%	$92K	$633K	5x	as long as short
BloFin TAO-USDTshort	+0.0340%	4h	314.26	−0.882%	$4.4M	$10.7M	100x
Kraken Futures PF_TAOUSD	+0.0488%	1h	314.08	−0.940%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	317.00	−0.017%	$332K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0560%	1h	314.68	−0.749%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	320.46	+1.074%	$23K	$2K	12x	as long as short
Variational Omni TAO	+0.0571%	4h	316.78	−0.088%	$5.5M	$8.7M	—	as long as short
Phemex TAOUSDT	+0.0593%	4h	314.20	−0.900%	$3.4M	$7.8M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.60	−0.774%	$362	—	20x	as long as short
BingX TAO-USDT	+0.0704%	4h	313.63	−1.080%	—	$30.7M	—	as long as short
Nado TAO-PERP	+0.0746%	1h	314.59	−0.777%	$778K	$2.1M	10x	as long as short
Bybit TAOUSDT	+0.0752%	4h	313.81	−1.024%	$64.6M	$134.3M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0797%	1h	313.64	−1.077%	$317K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	314.86	−0.692%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1088%	1h	314.16	−0.914%	$879K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	314.41	−0.835%	$417K	$602K	5x	as long as short
Lighter TAO	+0.1432%	1h	314.66	−0.755%	$1.6M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1725%	1h	313.99	−0.967%	$100.4M	$91.7M	5x	as long as short