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 − costs—prices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
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.
| 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 04m | $40K | $294K | 10x |
| Short | Polymarket Perps TAO-USD | 317.77 | 0.0267 | get 0.0033% / 1h | 4m 30s | $93K | $633K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 3 min ago | 7.89 bp | 12.4 bp −$12 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.84 bp | 8.7 bp −$9 | 9.5 bp −$95 | 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 | 316.54 | −0.162% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 316.94 | −0.038% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.72 | +0.210% | $44K | $603K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.22 | +0.052% | $90.9M | $451.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.30 | +0.077% | $25.9M | $109.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.20 | +0.046% | $12.9M | $51.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.52 | +0.147% | $100.5M | $136.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.59 | +0.169% | $17.9M | $29.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.28 | +0.071% | $35.3M | $51.6M | 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 | 315.81 | −0.393% | $523K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 317.24 | +0.058% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.45 | −0.191% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.26 | −0.251% | $127K | $422K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.61 | −0.141% | $174K | $998 | 3x | as long as short |
| Bullet TAO-USD | +0.0105% | 1h | 317.35 | +0.093% | $12K | $17K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0122% | 8h | 317.74 | +0.216% | $1K | $644K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0154% | 1h | 316.14 | −0.289% | $48K | $267K | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0102% | 1h | 316.91 | −0.046% | $450K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 317.17 | +0.036% | $375K | $376K | 10x | as long as short |
| Phemex TAOUSDT | +0.0191% | 4h | 316.40 | −0.207% | $3.4M | $7.8M | 50x | as long as short |
| Aster TAOUSDT | +0.0199% | 4h | 317.22 | +0.052% | $1.3M | $8.8M | 50x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.58 | +0.166% | $84K | $550K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0235% | 8h | 316.75 | −0.095% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0267% | 1h | 317.77 | +0.225% | $93K | $633K | 5x | |
| Deribit TAO_USDC-PERPETUAL | +0.0287% | 1h | 316.21 | −0.266% | $17K | $1.5M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.47 | −0.185% | $4.4M | $10.8M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0485% | 1h | 316.20 | −0.269% | $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 | 317.57 | +0.162% | $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 |
| Reya TAORUSDPERP | +0.0696% | 1h | 317.52 | +0.148% | $365 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0702% | 4h | 317.17 | +0.036% | — | $30.7M | — | as long as short |
| Bybit TAOUSDT | +0.0742% | 4h | 317.33 | +0.087% | $65.3M | $133.6M | 50x | as long as short |
| Nado TAO-PERP | +0.0746% | 1h | 317.67 | +0.194% | $790K | $2.1M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0797% | 1h | 316.19 | −0.273% | $319K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.25 | +0.061% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1104% | 1h | 317.24 | +0.058% | $884K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 317.39 | +0.105% | $421K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 317.64 | +0.185% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1760% | 1h | 317.88 | +0.260% | $101.7M | $91.6M | 5x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
GRVT TAO_USDT_Perp
SunX TAO-USDT
HTX TAO-USDT
Bullet TAO-USD
Katana Perps TAO-USD
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Phemex TAOUSDT
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Variational Omni TAO
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO