Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.009%
Price spread now: Polymarket Perps against Paradex−0.138%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.138% cheaper against Paradex than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TAO-USD-PERP | 312.16 | 0.0142 | pay 0.0142% / 8h | 3h 49m | $14K | $1K | 10x |
| Short | Polymarket Perps TAO-USD | 311.73 | 0.0100 | get 0.0013% / 1h | 49m 24s | $81K | $867K | 5x |
Paradex TAO-USD-PERP
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Paradex. 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
- −$8.83
- Price spread: −0.138% → 0.000%
- −$13.8
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.63
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 4 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 4 min ago | 0.96 bp | 5.0 bp −$5 | 5.4 bp −$54 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0348% | 1h | 311.57 | −0.190% | $5.5M | $20.6M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 311.79 | −0.119% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.65 | −0.164% | $20K | — | 150x | as long as short |
| Gate TAO_USDT | +0.0054% | 4h | 311.60 | −0.180% | $12.9M | $49.4M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 312.09 | −0.023% | $44K | $654K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 311.81 | −0.112% | $2K | $811K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.17 | +0.003% | $356K | $413K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.88 | −0.090% | $89.9M | $497.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.88 | −0.090% | $67.2M | $149.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.80 | −0.116% | $25.9M | $120.0M | 50x | as long as short |
Kraken Futures PF_TAOUSD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Gate TAO_USDT
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | +0.0100% | 1h | 315.10 | +0.942% | $167K | $2K | 10x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.91 | −0.080% | $101.0M | $144.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.75 | −0.132% | $17.7M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.63 | −0.170% | $34.9M | $56.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 311.92 | −0.077% | — | $33.1M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.18 | +0.646% | $42K | $312K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.25 | +0.669% | $46K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 311.73 | −0.138% | $81K | $867K | 5x | |
| Bullet TAO-USD | +0.0100% | 1h | 311.90 | −0.084% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.62 | −0.173% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.27 | −0.285% | $108K | $536K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.67 | −0.157% | $171K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0112% | 4h | 314.50 | +0.750% | $533K | $955K | 10x | as long as short |
| Hyperliquid TAO | +0.0118% | 1h | 312.04 | −0.039% | $91.5M | $106.8M | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 311.78 | −0.122% | $52K | $270K | 10x | as long as short |
| Aster TAOUSDT | +0.0122% | 4h | 311.94 | −0.071% | $1.2M | $10.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0142% / S +0.0130% | 1h | 311.57 | −0.188% | $415K | — | 100x | as long as short |
| Paradex TAO-USD-PERPlong | +0.0142% | 8h | 312.16 | long leg | $14K | $1K | 10x | |
| Extended TAO-USD | +0.0184% | 1h | 312.01 | −0.048% | $913K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 312.27 | +0.035% | $101K | $391K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0249% | 1h | 311.55 | −0.196% | $21K | $1.7M | 25x | as long as short |
| Nado TAO-PERP | +0.0261% | 1h | 312.07 | −0.030% | $785K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.43 | +0.086% | $4.5M | $10.8M | 100x | as long as short |
| Variational Omni TAO | +0.0346% | 4h | 312.61 | +0.144% | $5.6M | $10.0M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0380% | 1h | 312.04 | −0.039% | $310K | $914K | 10x | as long as short |
| Lighter TAO | +0.0400% | 1h | 312.44 | +0.091% | $1.5M | $6.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0408% | 1h | 312.11 | −0.016% | $3K | $4K | 5x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.90 | +0.557% | $312K | $711K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.88 | −0.091% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.00 | −0.053% | $432K | $653K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.27 | +0.035% | $1.5M | $6.6M | 50x | as long as short |
| Phemex TAOUSDT | +0.1382% | 4h | 311.68 | −0.154% | $3.2M | $8.1M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 317.38 | +1.672% | $23K | $2K | 12x | as long as short |
Bulk TAO-USD
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GRVT TAO_USDT_Perp
Hyperliquid TAO
Orderly PERP_TAO_USDC
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Extended TAO-USD
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
BloFin TAO-USDT
Variational Omni TAO
Backpack TAO_USDC_PERP
Lighter TAO
01 Exchange TAOUSD
Phoenix TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Phemex TAOUSDT
Injective TAO/USDC PERP