Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0167%/8h= +18.2% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against edgeX+0.225%64s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 3 days (all we have)−0.204%−$20 · spread now +0.225%, 7d avg +0.013%
Together, before fees−0.259%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.213% dearer against edgeX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC317.060.0100pay 0.0050% / 4h3h 04m$40K$294K10x
ShortPolymarket Perps TAO-USD317.770.0267get 0.0033% / 1h4m 30s$93K$633K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$34.98
Price spread: +0.225% → +0.013%
$21.26
Slippage, 4 orders
−$23.26
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$15.98
Costs to cover
0.403%
Break-even
3.8 days
Slippage from edgeX: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 3 min ago7.89 bp12.4 bp −$1226.6 bp −$266doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.84 bp8.7 bp −$99.5 bp −$95doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1228%1h316.14−0.289%$168K$40K10xas long as short
dYdX TAO-USD0.0000%1h316.54−0.162%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0002%1h316.94−0.038%$12K150xas long as short
Popdex TAOUSDT+0.0096%1h317.72+0.210%$44K$603K20xas long as short
Binance TAOUSDT+0.0100%4h317.22+0.052%$90.9M$451.2M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.30+0.077%$25.9M$109.4M50xas long as short
Gate TAO_USDT+0.0100%4h317.20+0.046%$12.9M$51.3M50xas long as short
MEXC TAO_USDT+0.0100%4h317.52+0.147%$100.5M$136.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h317.59+0.169%$17.9M$29.3M75xas long as short
Bitget TAOUSDT+0.0100%4h317.28+0.071%$35.3M$51.6M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDClong+0.0100%4h317.06long leg$40K$294K10x
GRVT TAO_USDT_Perp+0.0100%4h315.81−0.393%$523K$958K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h317.24+0.058%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h316.45−0.191%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h316.26−0.251%$127K$422K20xas long as short
Aevo TAO-PERP+0.0104%1h316.61−0.141%$174K$9983xas long as short
Bullet TAO-USD+0.0105%1h317.35+0.093%$12K$17K20xas long as short
Katana Perps TAO-USD+0.0122%8h317.74+0.216%$1K$644K5xas long as short
ApeX Omni TAOUSDT+0.0154%1h316.14−0.289%$48K$267K50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0172% / S +0.0102%1h316.91−0.046%$450K100xas long as short
Pacifica TAO+0.0185%1h317.17+0.036%$375K$376K10xas long as short
Phemex TAOUSDT+0.0191%4h316.40−0.207%$3.4M$7.8M50xas long as short
Aster TAOUSDT+0.0199%4h317.22+0.052%$1.3M$8.8M50xas long as short
Arcus TAO-USD+0.0201%1h317.58+0.166%$84K$550K5xas long as short
Paradex TAO-USD-PERP+0.0235%8h316.75−0.095%$14K$1K10xas long as short
Polymarket Perps TAO-USDshort+0.0267%1h317.77+0.225%$93K$633K5x
Deribit TAO_USDC-PERPETUAL+0.0287%1h316.21−0.266%$17K$1.5M25xas long as short
BloFin TAO-USDT+0.0340%4h316.47−0.185%$4.4M$10.8M100xas long as short
Kraken Futures PF_TAOUSD+0.0485%1h316.20−0.269%$5.7M$20.3M50xas long as short
Phoenix TAO+0.0525%1h317.00−0.017%$332K$624K5xas long as short
01 Exchange TAOUSD+0.0560%1h317.57+0.162%$3K$4K5xas long as short
Injective TAO/USDC PERP+0.0571%1h320.46+1.074%$23K$2K12xas long as short
Variational Omni TAO+0.0571%4h316.78−0.088%$5.5M$8.7Mas long as short
Reya TAORUSDPERP+0.0696%1h317.52+0.148%$36520xas long as short
BingX TAO-USDT+0.0702%4h317.17+0.036%$30.7Mas long as short
Bybit TAOUSDT+0.0742%4h317.33+0.087%$65.3M$133.6M50xas long as short
Nado TAO-PERP+0.0746%1h317.67+0.194%$790K$2.1M10xas long as short
Backpack TAO_USDC_PERP+0.0797%1h316.19−0.273%$319K$816K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h317.25+0.061%$1.5M$6.4M50xas long as short
Extended TAO-USD+0.1104%1h317.24+0.058%$884K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h317.39+0.105%$421K$593K5xas long as short
Lighter TAO+0.1424%1h317.64+0.185%$1.7M$6.1M5xas long as short
Hyperliquid TAO+0.1760%1h317.88+0.260%$101.7M$91.6M5xas long as short