Funding you earn now, next payment 11:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.006%
Price spread now: edgeX against Popdex−0.121%59s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.404% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.517%+$52 · spread now −0.121%, 7d avg −0.004%
=Together, before fees+0.526%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.116% cheaper against Popdex than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.004%). If the spread goes back, that is −$12 on $10k: about 6.8 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.009% in total) that is about 50 days. The two prices were read 59 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 | Popdex TAOUSDT | 314.99 | 0.0096 | pay 0.0012% / 1h | 2m 30s | $54K | $634K | 20x |
| Short | edgeX TAOUSDC | 314.61 | 0.0153 | get 0.0076% / 4h | 1h 02m | $42K | $325K | 10x |
Popdex TAOUSDT
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Popdex. 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
- $11.93
- Price spread: −0.121% → −0.004%
- −$11.63
- Slippage, 4 orders
- −$24.98
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$40.08
- Costs to cover
- 0.404%
- Break-even
- 30.5 days
Slippage from Popdex: live order book, 45 min ago; edgeX: live order book, 44 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 Popdex live order book, 45 min ago | 1.11 bp | 9.4 bp −$9 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 6.34 bp | 11.0 bp −$11 | 24.0 bp −$240 | doesn't fit | doesn't fit |
TAO on 43 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 314.40 | −0.189% | $19K | — | 150x | as long as short |
| Popdex TAOUSDTlong | +0.0096% | 1h | 314.99 | long leg | $54K | $634K | 20x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.00 | +0.003% | $26.9M | $126.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.50 | −0.156% | $16.1M | $48.8M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.58 | −0.130% | $17.4M | $31.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.68 | −0.098% | $35.6M | $55.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.69 | −0.095% | $45K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.90 | −0.029% | $69K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.58 | −0.130% | $1K | $1.7M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.29 | −0.222% | $112K | $547K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0102% | 8h | 314.68 | −0.098% | $1K | $1.3M | 5x | as long as short |
| Extended TAO-USD | +0.0104% | 1h | 314.88 | −0.034% | $947K | $2.0M | 25x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 314.96 | −0.011% | $173K | $998 | 3x | as long as short |
| edgeX TAOUSDCshort | +0.0153% | 4h | 314.61 | −0.121% | $42K | $325K | 10x | |
| MEXC TAO_USDT | +0.0158% | 4h | 314.78 | −0.067% | $110.9M | $150.8M | 300x | as long as short |
| Binance TAOUSDT | +0.0161% | 4h | 314.99 | 0.000% | $93.4M | $508.6M | 75x | as long as short |
| Pacifica TAO | +0.0240% | 1h | 314.84 | −0.048% | $372K | $455K | 10x | as long as short |
| Phemex TAOUSDT | +0.0242% | 4h | 314.81 | −0.057% | $3.2M | $8.2M | 50x | as long as short |
| Lighter TAO | +0.0256% | 1h | 314.89 | −0.033% | $1.5M | $6.8M | 5x | as long as short |
| GRVT TAO_USDT_Perp | +0.0266% | 4h | 314.86 | −0.040% | $535K | $786K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0272% | 4h | 314.83 | −0.051% | $53K | $262K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0284% | 8h | 314.84 | −0.049% | $14K | $769 | 10x | as long as short |
| BingX TAO-USDT | +0.0310% | 4h | 314.84 | −0.048% | — | $37.7M | — | as long as short |
| Bullet TAO-USD | +0.0315% | 1h | 314.93 | −0.019% | $12K | $16K | 20x | as long as short |
| Aster TAOUSDT | +0.0327% | 4h | 315.02 | +0.010% | $1.2M | $11.3M | 50x | as long as short |
| Bybit TAOUSDT | +0.0339% | 4h | 315.08 | +0.029% | $69.4M | $154.4M | 50x | as long as short |
| Nado TAO-PERP | +0.0350% | 1h | 314.99 | +0.001% | $670K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0359% / S −0.0107% | 1h | 314.52 | −0.150% | $369K | — | 100x | as long as short |
| dYdX TAO-USD | +0.0386% | 1h | 314.41 | −0.184% | $265K | $230K | 5x | as long as short |
| BloFin TAO-USDT | +0.0398% | 4h | 314.93 | −0.019% | $4.9M | $10.5M | 100x | as long as short |
| Variational Omni TAO | +0.0539% | 4h | 314.94 | −0.015% | $5.8M | $9.9M | — | as long as short |
| Hyperliquid TAO | +0.0549% | 1h | 315.09 | +0.032% | $94.5M | $105.0M | 5x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 315.18 | +0.060% | $99K | $287K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0624% | 1h | 315.49 | +0.159% | $3K | $2K | 5x | as long as short |
| Phoenix TAO | +0.0650% | 1h | 315.20 | +0.067% | $317K | $710K | 5x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 314.78 | −0.068% | $440K | $656K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 315.16 | +0.054% | $1.1M | $7.5M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 314.86 | −0.042% | $362 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0706% | 1h | 314.81 | −0.057% | $30K | $1.9M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0768% | 1h | 314.88 | −0.035% | $296K | $1.1M | 10x | as long as short |
| Bulk TAO-USD | +0.0916% | 1h | 314.85 | −0.046% | $167K | $662 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0936% | 1h | 314.94 | −0.017% | $6.3M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4405% | 1h | 318.16 | +1.006% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
Extended TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
Binance TAOUSDT
Pacifica TAO
Phemex TAOUSDT
Lighter TAO
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
BingX TAO-USDT
Bullet TAO-USD
Aster TAOUSDT
Bybit TAOUSDT
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
dYdX TAO-USD
BloFin TAO-USDT
Variational Omni TAO
Hyperliquid TAO
Arcus TAO-USD
01 Exchange TAOUSD
Phoenix TAO
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Bulk TAO-USD
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP