TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against MEXC+0.089%83s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as 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−$240.244% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.089%, 7d avg 0.000%

Together, before fees+0.076%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.089% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 83 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	MEXC TAO_USDT	319.75	0.0156	pay 0.0078% / 4h	1h 42m	$105.0M	$149.6M	300x
Short	edgeX TAOUSDC	320.03	0.0152	get 0.0076% / 4h	1h 42m	$42K	$318K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$0.81
Price spread: +0.089% → 0.000%: $8.87
Slippage, 4 orders: −$15.41
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.35
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; edgeX: live order book, 1 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 MEXC live order book, 2 min ago	1.41 bp	3.2 bp −$3	10.0 bp −$100	26.8 bp −$2,678	88.8 bp −$44.4K
Sell edgeX live order book, 1 min ago	4.70 bp	9.3 bp −$9	26.3 bp −$263	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	−0.2019%	1h	319.65	−0.031%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.38	−0.117%	$127K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.37	−0.118%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.86	+0.034%	$41K	$696K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.60	−0.047%	$26.5M	$129.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.40	−0.109%	$14.2M	$51.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.65	−0.031%	$17.8M	$32.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.33	−0.131%	$35.8M	$58.3M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	319.81	+0.019%	$45K	$258K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.47	−0.088%	$91K	$1.1M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	319.50	−0.078%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	319.25	−0.156%	$118K	$589K	20x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	319.64	−0.034%	$2K	$1.0M	5x	as long as short
Phemex TAOUSDT	+0.0114%	4h	319.91	+0.050%	$3.3M	$8.1M	50x	as long as short
Aevo TAO-PERP	+0.0120%	1h	319.83	+0.025%	$176K	$998	3x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0121% / S +0.0156%	1h	319.36	−0.122%	$432K	—	100x	as long as short
Orderly PERP_TAO_USDC	+0.0121%	4h	319.71	−0.013%	$53K	$293K	10x	as long as short
edgeX TAOUSDCshort	+0.0152%	4h	320.03	+0.089%	$42K	$318K	10x
MEXC TAO_USDTlong	+0.0156%	4h	319.75	long leg	$105.0M	$149.6M	300x
Binance TAOUSDT	+0.0159%	4h	319.69	−0.019%	$92.5M	$527.1M	75x	as long as short
Paradex TAO-USD-PERP	+0.0261%	8h	319.48	−0.083%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0315%	4h	319.69	−0.019%	$1.3M	$10.9M	50x	as long as short
Bullet TAO-USD	+0.0387%	1h	319.81	+0.020%	$12K	$17K	20x	as long as short
Bybit TAOUSDT	+0.0391%	4h	319.62	−0.041%	$69.7M	$155.9M	50x	as long as short
BloFin TAO-USDT	+0.0396%	4h	320.21	+0.144%	$4.7M	$11.1M	100x	as long as short
BingX TAO-USDT	+0.0398%	4h	319.67	−0.025%	—	$34.4M	—	as long as short
GRVT TAO_USDT_Perp	+0.0408%	4h	319.77	+0.007%	$544K	$948K	10x	as long as short
Extended TAO-USD	+0.0488%	1h	319.55	−0.062%	$917K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	319.53	−0.068%	$364K	$423K	10x	as long as short
Variational Omni TAO	+0.0538%	4h	319.36	−0.122%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	320.30	+0.172%	$319K	$709K	5x	as long as short
01 Exchange TAOUSD	+0.0640%	1h	320.02	+0.084%	$3K	$4K	5x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.24	+0.153%	$103K	$394K	5x	as long as short
Nado TAO-PERP	+0.0651%	1h	319.79	+0.012%	$801K	$2.2M	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0659%	1h	319.76	+0.002%	$14K	$1.9M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0660%	1h	319.75	0.000%	$300K	$904K	10x	as long as short
Hyperliquid TAO	+0.0664%	1h	319.89	+0.044%	$94.5M	$110.1M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.74	−0.004%	$368	—	20x	as long as short
Lighter TAO	+0.0864%	1h	320.09	+0.105%	$1.5M	$6.7M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	321.04	+0.403%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	319.73	−0.008%	$462K	$665K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1154%	1h	319.92	+0.053%	$6.0M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	323.63	+1.213%	$24K	$2K	12x	as long as short