Funding you earn now, next payment 23:00 UTC−0.0694%/8h= −76.0% APRnext payment −$0.87 per $10,000 · paid last 24h −0.091%
Price spread now: 01 Exchange against Hyperliquid−0.313%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and 01 Exchange is 0.313% cheaper against Hyperliquid than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Hyperliquid TAO | 306.75 | 0.1102 | pay 0.0138% / 1h | 12m 49s | $93.4M | $80.7M | 5x |
| Short | 01 Exchange TAOUSD | 305.79 | 0.0408 | get 0.0051% / 1h | 12m 49s | $3K | $4K | 5x |
Hyperliquid TAO
01 Exchange TAOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Hyperliquid. 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
- −$145.72
- Price spread: −0.313% → 0.000%
- −$31.3
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$193.02
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; 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 Hyperliquid live order book, 11 min ago | 1.47 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 305.61 | −0.371% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0014% | 1h | 306.24 | −0.166% | $125K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 305.64 | −0.362% | $45K | $539K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 306.53 | −0.072% | $85.7M | $413.9M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 306.54 | −0.068% | $59.3M | $121.4M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 306.50 | −0.081% | $24.6M | $95.7M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 305.85 | −0.293% | $79K | $643K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 302.77 | −1.297% | $162K | $54K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 306.00 | −0.244% | $12.2M | $49.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 306.13 | −0.202% | $113.8M | $125.8M | 300x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk 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 | 306.07 | −0.222% | $18.2M | $27.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 306.23 | −0.170% | $34.2M | $45.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 306.22 | −0.173% | — | $30.3M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 305.77 | −0.321% | $3.7M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 305.94 | −0.264% | $40K | $280K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 305.70 | −0.341% | $505K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 305.91 | −0.274% | $46K | $269K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 305.70 | −0.342% | $75K | $555K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 305.84 | −0.297% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 305.83 | −0.300% | $59K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 305.51 | −0.404% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 305.86 | −0.290% | $122K | $368K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 305.88 | −0.284% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 305.87 | −0.288% | $168K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 305.69 | −0.346% | $625 | $505K | 5x | as long as short |
| Aster TAOUSDT | +0.0117% | 4h | 306.25 | −0.165% | $1.1M | $7.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0153% | 8h | 305.56 | −0.388% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 305.74 | −0.329% | $361K | $370K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 305.60 | −0.377% | $436K | — | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0321% | 1h | 305.91 | −0.273% | $19K | $1.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0326% | 1h | 305.60 | −0.376% | $825K | $1.9M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 305.71 | −0.339% | $4.2M | $9.5M | 100x | as long as short |
| Lighter TAO | +0.0360% | 1h | 306.62 | −0.042% | $1.6M | $5.4M | 5x | as long as short |
| 01 Exchange TAOUSDshort | +0.0408% | 1h | 305.79 | −0.313% | $3K | $4K | 5x | |
| Backpack TAO_USDC_PERP | +0.0450% | 1h | 306.07 | −0.222% | $294K | $800K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 306.30 | −0.147% | $320K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 305.84 | −0.297% | $352 | — | 20x | as long as short |
| Extended TAO-USD | +0.0720% | 1h | 306.13 | −0.202% | $834K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 306.14 | −0.199% | $1.5M | $5.5M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1032% | 1h | 305.97 | −0.253% | $5.8M | $19.6M | 50x | as long as short |
| Hyperliquid TAOlong | +0.1102% | 1h | 306.75 | long leg | $93.4M | $80.7M | 5x | |
| RISEx TAO/USDC | +0.1155% | 1h | 305.80 | −0.311% | $416K | $544K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +0.645% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
BloFin TAO-USDT
Lighter TAO
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Injective TAO/USDC PERP