Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against edgeX+0.334%49s7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.309%−$31 · spread now +0.334%, 7d avg +0.025%
=Together, before fees−0.364%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.308% dearer against edgeX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 49 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 | edgeX TAOUSDC | 312.14 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $41K | $314K | 10x |
| Short | Orderly PERP_TAO_USDC | 313.18 | 0.0121 | get 0.0060% / 4h | 2h 49m | $52K | $290K | 10x |
edgeX TAOUSDC
Orderly PERP_TAO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $4.38
- Price spread: +0.334% → +0.025%
- $30.83
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $20.21
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 64 min ago; Orderly: 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, 64 min ago | 4.77 bp | 9.3 bp −$9 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 312.98 | +0.271% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.94 | +0.258% | $20K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 313.25 | +0.356% | $641 | $878K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.49 | +0.433% | $89.6M | $504.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.30 | +0.372% | $26.2M | $121.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | +0.340% | $13.6M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.42 | +0.411% | $104.6M | $144.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.49 | +0.433% | $17.5M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.20 | +0.340% | $35.3M | $56.9M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 312.14 | long leg | $41K | $314K | 10x |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.27 | +0.363% | $81K | $908K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.92 | +0.250% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.72 | +0.186% | $111K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.30 | +0.372% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDCshort | +0.0121% | 4h | 313.18 | +0.334% | $52K | $290K | 10x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0132% / S +0.0137% | 1h | 312.88 | +0.238% | $419K | — | 100x | as long as short |
| Bulk TAO-USD | +0.0138% | 1h | 312.42 | +0.091% | $166K | $333 | 10x | as long as short |
| Aster TAOUSDT | +0.0153% | 4h | 313.17 | +0.330% | $1.3M | $10.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0224% | 8h | 313.48 | +0.430% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 313.48 | +0.429% | $357K | $419K | 10x | as long as short |
| Popdex TAOUSDT | +0.0248% | 1h | 313.58 | +0.462% | $49K | $662K | 20x | as long as short |
| Nado TAO-PERP | +0.0254% | 1h | 313.33 | +0.383% | $779K | $2.2M | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0255% | 1h | 312.72 | +0.186% | $46K | $255K | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0260% | 4h | 313.21 | +0.345% | $532K | $942K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0305% | 1h | 312.92 | +0.250% | $5.5M | $20.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0328% | 1h | 313.25 | +0.358% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.00 | +0.276% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0358% | 4h | 313.50 | +0.436% | — | $33.7M | — | as long as short |
| Phemex TAOUSDT | +0.0359% | 4h | 313.09 | +0.305% | $3.1M | $7.9M | 50x | as long as short |
| Variational Omni TAO | +0.0371% | 4h | 313.10 | +0.308% | $5.5M | $10.1M | — | as long as short |
| Bybit TAOUSDT | +0.0383% | 4h | 313.58 | +0.462% | $67.9M | $151.2M | 50x | as long as short |
| Extended TAO-USD | +0.0384% | 1h | 313.40 | +0.405% | $902K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.71 | +0.504% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | +0.372% | $312K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0529% | 1h | 313.17 | +0.331% | $11K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.40 | +0.403% | $360 | — | 20x | as long as short |
| Hyperliquid TAO | +0.0705% | 1h | 313.49 | +0.432% | $91.8M | $108.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 313.94 | +0.577% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0827% | 1h | 313.24 | +0.353% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0888% | 1h | 313.63 | +0.479% | $1.5M | $6.5M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 313.67 | +0.491% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.51 | +0.440% | $450K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 316.07 | +1.260% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Bulk TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
Popdex TAOUSDT
Nado TAO-PERP
ApeX Omni TAOUSDT
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Phemex TAOUSDT
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP