Funding you earn now, next payment 23:00 UTC−0.0732%/8h= −80.2% APRpaid last 24h −0.020%
Price spread now: edgeX against Extended+0.434%53s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$350.352% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.434%, 7d avg +0.065%
=Together, before fees−0.093%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.368% dearer against Extended than usual: you sell high and buy low (spread +0.434% now, against its 7-day average of +0.065%): +$37 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.130% in total) that is about 20 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TAO-USD | 303.57 | 0.0832 | pay 0.0104% / 1h | 46m 42s | $835K | $2.0M | 25x |
| Short | edgeX TAOUSDC | 304.88 | 0.0100 | get 0.0050% / 4h | 1h 46m | $39K | $278K | 10x |
Extended TAO-USD
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$153.72
- Price spread: +0.434% → +0.065%
- $36.83
- Slippage, 4 orders
- −$21.22
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$152.11
- Costs to cover
- 0.352%
- Break-even
- from the start
Slippage from Extended: live order book, 2 min ago; edgeX: live order book, 36 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 Extended live order book, 2 min ago | 3.95 bp | 6.8 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 6.50 bp | 11.0 bp −$11 | 24.4 bp −$244 | 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 | −0.0466% | 1h | 307.38 | +1.256% | $202K | $17K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 303.37 | −0.065% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 303.10 | −0.154% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.94 | +0.123% | $43K | $534K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.95 | +0.126% | $85.3M | $409.8M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.80 | +0.077% | $58.9M | $120.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.60 | +0.011% | $24.4M | $94.4M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.87 | +0.100% | $79K | $642K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.50 | −0.022% | $12.1M | $48.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 303.66 | +0.031% | $120.8M | $124.0M | 300x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.27 | −0.098% | $18.2M | $26.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.53 | −0.012% | $34.0M | $45.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.62 | +0.017% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 305.07 | +0.495% | $3.6M | $6.6M | — | as long as short |
| edgeX TAOUSDCshort | +0.0100% | 4h | 304.88 | +0.434% | $39K | $278K | 10x | |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 304.81 | +0.410% | $504K | $977K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.70 | +0.044% | $77K | $607K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.35 | −0.073% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.39 | −0.058% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.44 | −0.042% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 303.89 | +0.106% | $120K | $356K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.44 | −0.042% | $3.2M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 303.51 | −0.019% | $167K | $998 | 3x | as long as short |
| ApeX Omni TAOUSDT | +0.0106% | 1h | 303.70 | +0.044% | $46K | $269K | 50x | as long as short |
| Aster TAOUSDT | +0.0108% | 4h | 303.39 | −0.059% | $1.1M | $7.7M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 304.03 | +0.152% | $2K | $486K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0154% | 8h | 303.62 | +0.018% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 303.43 | −0.047% | $358K | $370K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.15 | −0.137% | $433K | — | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0242% | 1h | 303.43 | −0.046% | $22K | $1.4M | 25x | as long as short |
| Lighter TAO | +0.0328% | 1h | 303.49 | −0.027% | $1.6M | $5.2M | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.45 | −0.039% | $4.3M | $9.3M | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0380% | 1h | 303.52 | −0.016% | $376K | $756K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 304.21 | +0.212% | $3K | $4K | 5x | as long as short |
| Nado TAO-PERP | +0.0456% | 1h | 303.54 | −0.008% | $826K | $1.9M | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.90 | +0.110% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.45 | −0.039% | $349 | — | 20x | as long as short |
| Extended TAO-USDlong | +0.0832% | 1h | 303.57 | long leg | $835K | $2.0M | 25x | |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 305.27 | +0.561% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1042% | 1h | 303.26 | −0.101% | $5.8M | $19.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 304.30 | +0.242% | $410K | $545K | 5x | as long as short |
| Hyperliquid TAO | +0.1306% | 1h | 303.77 | +0.067% | $93.1M | $79.5M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.701% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
ApeX Omni TAOUSDT
Aster TAOUSDT
Katana Perps TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Deribit TAO_USDC-PERPETUAL
Lighter TAO
BloFin TAO-USDT
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Nado TAO-PERP
Phoenix TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP