Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0341%/8h= +37.3% APRnext payment +$0.43 per $10,000 · paid last 24h +0.078%
Price spread now: 01 Exchange against Polymarket Perps−0.228%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.228% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.228% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 2.2 days of funding at the current rate (+$10 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TAO-USD319.540.0523pay 0.0065% / 1h56m 41s$118K$613K5x
Short01 Exchange TAOUSD318.810.0864get 0.0108% / 1h56m 41s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$71.6
Price spread: −0.228% → 0.000%
−$22.85
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$33.76
Costs to cover
0.150%
Break-even
3.7 days
Slippage unknown: Polymarket Perps: live order book, 16 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 16 min ago2.71 bp6.7 bp −$78.1 bp −$81doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1799%1h311.96−2.372%$167K$44K10xas long as short
dYdX TAO-USD0.0000%1h318.95−0.184%$128K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h319.94+0.127%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h318.27−0.397%$40K$576K20xas long as short
Katana Perps TAO-USD+0.0100%8h318.51−0.322%$1K$588K5xas long as short
Binance TAOUSDT+0.0100%4h319.05−0.154%$91.2M$437.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.20−0.419%$25.8M$105.9M50xas long as short
Gate TAO_USDT+0.0100%4h318.30−0.388%$12.8M$49.4M50xas long as short
MEXC TAO_USDT+0.0100%4h318.30−0.388%$104.1M$130.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h318.93−0.191%$19.0M$28.2M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TAOUSDT+0.0100%4h318.21−0.416%$35.6M$48.6M50xas long as short
edgeX TAOUSDC+0.0100%4h319.13−0.129%$42K$281K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h317.42−0.662%$531K$942K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h315.82−1.164%$47K$268K50xas long as short
Orderly PERP_TAO_USDC+0.0100%4h320.04+0.156%$57K$314K10xas long as short
SunX TAO-USDT+0.0100%4h319.98+0.138%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h319.89+0.110%$128K$423K20xas long as short
Phemex TAOUSDT+0.0100%4h319.57+0.009%$3.5M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h321.87+0.729%$177K$9983xas long as short
Deribit TAO_USDC-PERPETUAL+0.0170%1h319.99+0.141%$27K$1.5M25xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0071%1h319.83+0.090%$454K100xas long as short
Pacifica TAO+0.0185%1h318.78−0.238%$377K$371K10xas long as short
Arcus TAO-USD+0.0201%1h318.71−0.260%$84K$545K5xas long as short
Aster TAOUSDT+0.0206%4h319.30−0.075%$1.1M$8.1M50xas long as short
Paradex TAO-USD-PERP+0.0214%8h318.28−0.395%$14K$1K10xas long as short
Variational Omni TAO+0.0233%4h316.35−0.998%$5.4M$8.5Mas long as short
BloFin TAO-USDT+0.0340%4h320.00+0.144%$4.4M$10.8M100xas long as short
Bullet TAO-USD+0.0360%1h320.19+0.203%$12K$17K20xas long as short
BingX TAO-USDT+0.0398%4h318.41−0.354%$30.7Mas long as short
Kraken Futures PF_TAOUSD+0.0479%1h319.95+0.128%$5.8M$20.2M50xas long as short
Polymarket Perps TAO-USDlong+0.0523%1h319.54long leg$118K$613K5x
Phoenix TAO+0.0537%1h319.30−0.075%$335K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.85−0.529%$23K$37012xas long as short
Reya TAORUSDPERP+0.0695%1h319.40−0.044%$36720xas long as short
Bybit TAOUSDT+0.0718%4h318.73−0.253%$65.4M$129.7M50xas long as short
01 Exchange TAOUSDshort+0.0864%1h318.81−0.228%$3K$4K5x
Nado TAO-PERP+0.0901%1h319.24−0.093%$884K$2.0M10xas long as short
Extended TAO-USD+0.0968%1h318.27−0.397%$927K$2.2M25xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h320.81+0.397%$1.5M$6.0M50xas long as short
RISEx TAO/USDC+0.1141%1h318.47−0.334%$419K$586K5xas long as short
Backpack TAO_USDC_PERP+0.1201%1h319.68+0.044%$317K$817K10xas long as short
Lighter TAO+0.1912%1h319.60+0.019%$1.7M$5.8M5xas long as short
Hyperliquid TAO+0.2948%1h320.43+0.279%$104.6M$88.2M5xas long as short