TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against edgeX+0.555%74s7-day average +0.014% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.509%−$51 · spread now +0.555%, 7d avg +0.014%

Together, before fees−0.441%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.541% dearer against edgeX than usual: you sell high and buy low (spread +0.555% now, against its 7-day average of +0.014%): +$54 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you. The two prices were read 74 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	321.43	0.0123	pay 0.0062% / 4h	2h 04m	$42K	$316K	10x
Short	SunX TAO-USDT	323.21	0.0100	get 0.0050% / 4h	2h 04m	$1K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.555%Rate

Funding earned: −$4.84
Price spread: +0.555% → +0.014%: $54.09
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: $32.25
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: edgeX: live order book, 44 min ago; SunX: live order book, 2 min ago. 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, 44 min ago	6.37 bp	10.9 bp −$11	24.5 bp −$245	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	500.12 bp	doesn't fit	doesn't fit	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	−0.1195%	1h	319.01	−0.751%	$169K	$333	10x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	323.31	+0.588%	$21K	—	150x	as long as short
dYdX TAO-USD	+0.0028%	1h	323.34	+0.596%	$129K	$85K	5x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	323.00	+0.490%	$26.9M	$128.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	323.20	+0.552%	$14.2M	$52.2M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	323.59	+0.673%	$17.8M	$31.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	322.81	+0.431%	$36.4M	$57.6M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	323.67	+0.698%	$81K	$968K	5x	as long as short
SunX TAO-USDTshort	+0.0100%	4h	323.21	+0.555%	$1K	$2.0M	20x
HTX TAO-USDT	+0.0100%	4h	323.35	+0.599%	$118K	$566K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TAOUSDT	+0.0100%	4h	323.11	+0.524%	$3.3M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	323.57	+0.667%	$2K	$959K	5x	as long as short
Popdex TAOUSDT	+0.0112%	1h	323.88	+0.764%	$42K	$686K	20x	as long as short
Aevo TAO-PERP	+0.0112%	1h	323.71	+0.712%	$178K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0119%	4h	323.57	+0.667%	$53K	$291K	10x	as long as short
edgeX TAOUSDClong	+0.0123%	4h	321.43	long leg	$42K	$316K	10x
GMX TAO/USD [WBTC.b-USDC]	L +0.0125% / S +0.0142%	1h	323.31	+0.586%	$435K	—	100x	as long as short
MEXC TAO_USDT	+0.0134%	4h	323.21	+0.555%	$103.4M	$149.1M	300x	as long as short
Binance TAOUSDT	+0.0144%	4h	323.26	+0.571%	$93.4M	$517.5M	75x	as long as short
Pacifica TAO	+0.0233%	1h	323.82	+0.746%	$368K	$421K	10x	as long as short
Nado TAO-PERP	+0.0288%	1h	323.67	+0.697%	$817K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0294%	1h	323.65	+0.692%	$6.1M	$21.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0299%	8h	324.05	+0.817%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0300%	4h	323.39	+0.611%	$1.3M	$10.8M	50x	as long as short
Bullet TAO-USD	+0.0325%	1h	323.67	+0.698%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0375%	4h	322.90	+0.459%	$4.6M	$11.2M	100x	as long as short
BingX TAO-USDT	+0.0394%	4h	323.51	+0.648%	—	$34.0M	—	as long as short
Bybit TAOUSDT	+0.0446%	4h	323.33	+0.592%	$70.9M	$154.5M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0468%	4h	322.01	+0.183%	$549K	$948K	10x	as long as short
Arcus TAO-USD	+0.0483%	1h	323.84	+0.751%	$111K	$377K	5x	as long as short
Extended TAO-USD	+0.0496%	1h	323.44	+0.627%	$920K	$2.4M	25x	as long as short
Phoenix TAO	+0.0513%	1h	323.50	+0.645%	$322K	$713K	5x	as long as short
Variational Omni TAO	+0.0516%	4h	323.58	+0.670%	$5.7M	$10.1M	—	as long as short
ApeX Omni TAOUSDT	+0.0529%	1h	321.20	−0.070%	$47K	$257K	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0586%	1h	323.60	+0.675%	$25K	$1.9M	25x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	323.32	+0.589%	$372	—	20x	as long as short
Lighter TAO	+0.0808%	1h	323.70	+0.709%	$1.5M	$6.6M	5x	as long as short
Hyperliquid TAO	+0.0815%	1h	323.64	+0.689%	$95.5M	$109.5M	5x	as long as short
01 Exchange TAOUSD	+0.0816%	1h	324.52	+0.963%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0852%	1h	323.10	+0.521%	$320K	$894K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	324.00	+0.801%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	323.65	+0.692%	$465K	$650K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	323.62	+0.683%	$24K	$2K	12x	as long as short