TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h −0.001%

Price spread now: Bullet against Polymarket Perps+0.003%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Bullet

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps TAO-USD	320.70	0.0100	pay 0.0013% / 1h	36m 39s	$88K	$789K	5x
Short	Bullet TAO-USD	320.71	0.0305	get 0.0038% / 1h	36m 39s	$12K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Polymarket Perps. 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 Polymarket PerpsbpFee BulletbpOrdersPrice spread, now +0.003%Rate

Funding earned: $43.1
Price spread: +0.003% → 0.000%: $0.31
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: $27.41
Costs to cover: 0.160%
Break-even: 2.5 days

Slippage unknown: Polymarket Perps: live order book, 26 min ago; Bullet: 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 Polymarket Perps live order book, 26 min ago	1.42 bp	9.5 bp −$10	14.0 bp −$140	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.3652%	1h	316.49	−1.313%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	320.84	+0.043%	$128K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	320.43	−0.085%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.77	+0.022%	$45K	$657K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	320.82	+0.037%	$93.5M	$473.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.70	0.000%	$26.4M	$117.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.70	0.000%	$13.1M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	321.26	+0.175%	$109.9M	$140.0M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	321.02	+0.100%	$18.1M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	320.84	+0.044%	$35.8M	$54.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	319.73	−0.302%	$36K	$300K	10x	as long as short
Polymarket Perps TAO-USDlong	+0.0100%	1h	320.70	long leg	$88K	$789K	5x
SunX TAO-USDT	+0.0100%	4h	320.64	−0.019%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.50	−0.062%	$130K	$479K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	321.10	+0.125%	$3.5M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	321.02	+0.101%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0106%	4h	320.91	+0.065%	$58K	$281K	10x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	320.84	+0.044%	$682	$765K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0163% / S +0.0106%	1h	320.42	−0.088%	$435K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0238%	4h	319.35	−0.422%	$531K	$957K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0245%	1h	320.86	+0.049%	$5.7M	$20.5M	50x	as long as short
Bullet TAO-USDshort	+0.0305%	1h	320.71	+0.003%	$12K	$18K	20x
Paradex TAO-USD-PERP	+0.0320%	8h	321.19	+0.153%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	321.38	+0.212%	$4.5M	$10.7M	100x	as long as short
Aster TAOUSDT	+0.0342%	4h	320.76	+0.020%	$1.2M	$9.3M	50x	as long as short
Pacifica TAO	+0.0448%	1h	321.17	+0.147%	$379K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	320.50	−0.062%	$335K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	321.45	+0.234%	$101K	$490K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0513%	1h	320.89	+0.059%	$17K	$1.6M	25x	as long as short
Nado TAO-PERP	+0.0545%	1h	320.89	+0.060%	$778K	$2.1M	10x	as long as short
Bybit TAOUSDT	+0.0591%	4h	320.71	+0.003%	$68.5M	$140.6M	50x	as long as short
BingX TAO-USDT	+0.0608%	4h	321.15	+0.140%	—	$30.3M	—	as long as short
ApeX Omni TAOUSDT	+0.0686%	1h	319.20	−0.468%	$47K	$254K	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	320.79	+0.027%	$369	—	20x	as long as short
01 Exchange TAOUSD	+0.0768%	1h	321.39	+0.215%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0878%	4h	320.22	−0.150%	$5.9M	$9.7M	—	as long as short
Lighter TAO	+0.0888%	1h	321.38	+0.212%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USD	+0.0912%	1h	321.12	+0.131%	$939K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.1015%	1h	321.59	+0.278%	$442K	$860K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	321.24	+0.168%	$1.5M	$6.6M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	321.21	+0.159%	$457K	$627K	5x	as long as short
Hyperliquid TAO	+0.1369%	1h	321.05	+0.109%	$100.9M	$98.6M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	+0.833%	$24K	$2K	12x	as long as short