TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0504%/8h= +55.1% APRnext payment +$0.63 per $10,000 · paid last 24h −0.009%

Price spread now: 01 Exchange against GMX+0.148%7-day average — · you sell dearer than you buy

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

Long on GMX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and 01 Exchange is 0.148% dearer against GMX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TAO/USD [WBTC.b-USDC]	315.32	L +0.0168% / S +0.0098%	pay 0.0021% / 1h	21m 17s	$431K	—	100x
Short	01 Exchange TAOUSD	315.79	0.0672	get 0.0084% / 1h	21m 17s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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 GMXbpFee 01 ExchangebpOrdersPrice spread, now +0.148%Rate

Funding earned: $105.74
Price spread: +0.148% → 0.000%: $14.83
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $101.57
Costs to cover: 0.190%
Break-even: 0.3 days

Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAO on 42 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
dYdX TAO-USD	0.0000%	1h	315.25	−0.024%	$126K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.27	−0.017%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.58	+0.082%	$40K	$633K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.98	−0.109%	$90.4M	$466.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.90	−0.134%	$26.1M	$112.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.40	+0.025%	$12.9M	$50.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.94	−0.121%	$111.1M	$139.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.12	−0.064%	$18.0M	$30.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.78	−0.172%	$35.1M	$53.6M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	316.56	+0.393%	$35K	$299K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni TAOUSDT	+0.0100%	1h	316.92	+0.507%	$47K	$252K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	315.53	+0.066%	$57K	$282K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.39	+0.021%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.75	−0.182%	$129K	$471K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.71	−0.194%	$3.4M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.79	+0.147%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0119%	8h	315.48	+0.050%	$2K	$708K	5x	as long as short
Polymarket Perps TAO-USD	+0.0131%	1h	315.72	+0.126%	$81K	$681K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0168%	1h	315.30	−0.007%	$5.6M	$20.5M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]long	L +0.0168% / S +0.0098%	1h	315.32	long leg	$431K	—	100x
GRVT TAO_USDT_Perp	+0.0174%	4h	317.11	+0.568%	$523K	$954K	10x	as long as short
Bullet TAO-USD	+0.0244%	1h	315.77	+0.142%	$12K	$17K	20x	as long as short
Aster TAOUSDT	+0.0260%	4h	315.51	+0.060%	$1.3M	$9.4M	50x	as long as short
Pacifica TAO	+0.0285%	1h	315.67	+0.110%	$371K	$381K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	315.78	+0.145%	$99K	$529K	5x	as long as short
Paradex TAO-USD-PERP	+0.0359%	8h	315.39	+0.022%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0427%	1h	315.31	−0.003%	$23K	$1.5M	25x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	318.67	+1.062%	$23K	$2K	12x	as long as short
Nado TAO-PERP	+0.0516%	1h	315.64	+0.101%	$788K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	317.30	+0.627%	$332K	$681K	5x	as long as short
01 Exchange TAOUSDshort	+0.0672%	1h	315.79	+0.148%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0696%	1h	315.79	+0.150%	$363	—	20x	as long as short
BingX TAO-USDT	+0.0780%	4h	314.94	−0.121%	—	$30.9M	—	as long as short
Variational Omni TAO	+0.0822%	4h	315.55	+0.073%	$5.5M	$8.9M	—	as long as short
Bybit TAOUSDT	+0.0845%	4h	315.03	−0.093%	$66.1M	$137.9M	50x	as long as short
Extended TAO-USD	+0.0912%	1h	315.42	+0.030%	$909K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0930%	1h	315.03	−0.093%	$318K	$814K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	316.39	+0.339%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1132%	1h	315.45	+0.041%	$450K	$631K	5x	as long as short
Hyperliquid TAO	+0.1312%	1h	316.32	+0.316%	$100.3M	$94.8M	5x	as long as short
Lighter TAO	+0.1408%	1h	315.37	+0.015%	$1.6M	$6.1M	5x	as long as short
Bulk TAO-USD	+0.2752%	1h	308.95	−2.023%	$164K	$40K	10x	as long as short