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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.082%
Price spread now: 01 Exchange against Popdex+0.060%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.060% dearer against Popdex than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex TAOUSDT316.620.0304pay 0.0038% / 1h59m 11s$43K$642K20x
Short01 Exchange TAOUSD316.810.0432get 0.0054% / 1h59m 11s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Popdex. 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
$26.88
Price spread: +0.060% → 0.000%
$6
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$19.48
Costs to cover
0.134%
Break-even
1.9 days
Slippage unknown: Popdex: live order book, 5 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 Popdex live order book, 5 min ago2.04 bp9.1 bp −$977.1 bp −$771doesn'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 42 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−0.0185%1h315.28−0.423%$167K$40K10xas long as short
dYdX TAO-USD0.0000%1h316.37−0.080%$126K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h316.53−0.029%$10K150xas long as short
Binance TAOUSDT+0.0100%4h317.11+0.155%$91.6M$466.2M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.30+0.215%$26.3M$114.6M50xas long as short
Gate TAO_USDT+0.0100%4h316.80+0.057%$12.9M$48.9M50xas long as short
MEXC TAO_USDT+0.0100%4h317.25+0.199%$103.9M$137.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.97+0.111%$18.0M$30.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.94+0.101%$35.4M$53.3M50xas long as short
edgeX TAOUSDC+0.0100%4h317.02+0.126%$36K$302K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TAO_USDC+0.0100%4h316.83+0.066%$58K$282K10xas long as short
SunX TAO-USDT+0.0100%4h316.72+0.032%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h316.81+0.060%$129K$472K20xas long as short
Phemex TAOUSDT+0.0100%4h316.90+0.088%$3.4M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h317.17+0.172%$174K$9983xas long as short
Katana Perps TAO-USD+0.0114%8h316.47−0.047%$673$727K5xas long as short
ApeX Omni TAOUSDT+0.0164%1h316.78+0.051%$47K$252K50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0166% / S +0.0103%1h316.52−0.031%$429K100xas long as short
Polymarket Perps TAO-USD+0.0175%1h316.38−0.076%$76K$721K5xas long as short
GRVT TAO_USDT_Perp+0.0198%4h317.41+0.250%$528K$957K10xas long as short
Kraken Futures PF_TAOUSD+0.0248%1h316.80+0.057%$5.6M$20.5M50xas long as short
Aster TAOUSDT+0.0275%4h316.57−0.016%$1.2M$9.3M50xas long as short
Pacifica TAO+0.0285%1h316.60−0.007%$374K$393K10xas long as short
Popdex TAOUSDTlong+0.0304%1h316.62long leg$43K$642K20x
Arcus TAO-USD+0.0337%1h317.08+0.145%$100K$489K5xas long as short
Paradex TAO-USD-PERP+0.0348%8h316.61−0.004%$14K$1K10xas long as short
01 Exchange TAOUSDshort+0.0432%1h316.81+0.060%$3K$4K5x
Bullet TAO-USD+0.0450%1h316.88+0.082%$12K$18K20xas long as short
Deribit TAO_USDC-PERPETUAL+0.0533%1h316.85+0.072%$14K$1.6M25xas long as short
Phoenix TAO+0.0588%1h318.30+0.531%$334K$672K5xas long as short
Backpack TAO_USDC_PERP+0.0686%1h317.36+0.234%$321K$805K10xas long as short
Reya TAORUSDPERP+0.0696%1h316.48−0.045%$36420xas long as short
BingX TAO-USDT+0.0720%4h317.07+0.142%$30.9Mas long as short
Bybit TAOUSDT+0.0722%4h317.09+0.148%$67.3M$138.0M50xas long as short
Variational Omni TAO+0.0848%4h316.96+0.107%$6.1M$9.5Mas long as short
Extended TAO-USD+0.0888%1h316.90+0.089%$896K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h317.08+0.145%$1.5M$6.4M50xas long as short
RISEx TAO/USDC+0.1159%1h316.63+0.003%$447K$626K5xas long as short
Hyperliquid TAO+0.1267%1h317.51+0.281%$100.0M$97.3M5xas long as short
Nado TAO-PERP+0.1313%1h316.67+0.017%$758K$2.1M10xas long as short
Lighter TAO+0.1424%1h317.31+0.219%$1.6M$6.1M5xas long as short
Injective TAO/USDC PERP+0.4172%1h320.94+1.364%$23K$2K12xas long as short