Funding arb · Price arb /

TAO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.077%

Price spread now: 01 Exchange against OKX+0.029%7-day average — · you sell dearer than you buy

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

Long on OKX 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 +$13 a day on $10k at the current rate, and 01 Exchange is 0.029% dearer against OKX than usual: you sell high and buy low: +$3 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	OKX TAO-USDT-SWAP	308.10	0.0100	pay 0.0100% / 8h	2h 11m	$25.4M	$93.6M	50x
Short	01 Exchange TAOUSD	308.19	0.0528	get 0.0066% / 1h	11m 29s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against OKX. 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 OKXbpFee 01 ExchangebpOrdersPrice spread, now +0.029%Rate

Funding earned: $89.88
Price spread: +0.029% → 0.000%: $2.92
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $75.8
Costs to cover: 0.170%
Break-even: 1.1 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	1.62 bp	10.9 bp −$11	23.0 bp −$230	96.8 bp −$9,679	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
Bulk TAO-USD	−0.0601%	1h	309.73	+0.529%	$203K	$57K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	307.30	−0.261%	$129K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	308.07	−0.011%	$26K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0026%	1h	308.21	+0.036%	$15K	$1.3M	25x	as long as short
Popdex TAOUSDT	+0.0096%	1h	307.91	−0.062%	$41K	$528K	20x	as long as short
Pacifica TAO	+0.0100%	1h	307.66	−0.144%	$364K	$367K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	308.33	+0.075%	$86.4M	$405.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	308.24	+0.045%	$59.9M	$119.3M	50x	as long as short
OKX TAO-USDT-SWAPlong	+0.0100%	8h	308.10	long leg	$25.4M	$93.6M	50x
Arcus TAO-USD	+0.0100%	1h	308.01	−0.029%	$137K	$603K	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TAO_USDT	+0.0100%	4h	307.40	−0.227%	$12.2M	$48.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	308.12	+0.006%	$118.2M	$125.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	307.99	−0.036%	$18.7M	$26.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	307.97	−0.042%	$34.5M	$44.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	308.30	+0.065%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	309.10	+0.323%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.74	+0.532%	$40K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	308.77	+0.219%	$549K	$965K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.90	+0.584%	$47K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	308.44	+0.110%	$78K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	308.50	+0.130%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	308.13	+0.010%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	308.42	+0.104%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	308.16	+0.019%	$121K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	308.02	−0.026%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	308.33	+0.076%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	307.83	−0.088%	$880	$449K	5x	as long as short
Aster TAOUSDT	+0.0154%	4h	307.69	−0.134%	$1.1M	$7.5M	50x	as long as short
Paradex TAO-USD-PERP	+0.0157%	8h	307.65	−0.146%	$14K	$1K	10x	as long as short
Phoenix TAO	+0.0234%	1h	308.80	+0.227%	$327K	$462K	5x	as long as short
Nado TAO-PERP	+0.0309%	1h	308.00	−0.032%	$852K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	308.46	+0.117%	$4.3M	$9.5M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0485% / S −0.0184%	1h	308.03	−0.023%	$453K	—	100x	as long as short
01 Exchange TAOUSDshort	+0.0528%	1h	308.19	+0.029%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0694%	1h	308.18	+0.027%	$354	—	20x	as long as short
Extended TAO-USD	+0.0728%	1h	307.73	−0.121%	$907K	$2.0M	25x	as long as short
Lighter TAO	+0.0912%	1h	307.98	−0.040%	$1.7M	$4.8M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0954%	1h	308.20	+0.032%	$383K	$753K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	310.60	+0.811%	$1.5M	$5.5M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1022%	1h	308.53	+0.140%	$6.4M	$19.0M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	307.96	−0.047%	$412K	$542K	5x	as long as short
Hyperliquid TAO	+0.1807%	1h	308.79	+0.225%	$96.5M	$77.4M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	+0.204%	$22K	$271	12x	as long as short