Funding you earn now, next payment 07:00 UTC−0.0977%/8h= −107.0% APRnext payment −$1.22 per $10,000 · paid last 24h −0.167%
Price spread now: Polymarket Perps against RISEx+0.334%52s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.229% of the position
Funding, last 4 days (all we have)−0.492%−$49 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.334%, 7d avg −0.014%
=The price spread pays, funding is against you. Polymarket Perps is 0.348% dearer against RISEx than usual: you sell high and buy low (spread +0.334% now, against its 7-day average of −0.014%): +$35 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 4 days (−0.492% in total) that is about 2.6 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx TAO/USDC | 322.38 | 0.1077 | pay 0.0135% / 1h | 55m 36s | $464K | $652K | 5x |
| Short | Polymarket Perps TAO-USD | 323.46 | 0.0100 | get 0.0013% / 1h | 55m 36s | $76K | $991K | 5x |
RISEx TAO/USDC
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against RISEx. 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
- −$205.17
- Price spread: +0.334% → −0.014%
- $34.78
- Slippage, 4 orders
- −$8.93
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$193.32
- Costs to cover
- 0.229%
- Break-even
- from the start
Slippage from RISEx: live order book, 53 min ago; Polymarket Perps: live order book, 52 min ago.
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 RISEx live order book, 53 min ago | 1.75 bp | 4.8 bp −$5 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 52 min ago | 2.71 bp | 6.7 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
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 | −0.1440% | 1h | 322.10 | −0.089% | $171K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 322.84 | +0.140% | $129K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 323.01 | +0.193% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 322.28 | −0.032% | $40K | $690K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 322.40 | +0.005% | $26.9M | $129.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 322.20 | −0.057% | $14.2M | $51.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 322.74 | +0.111% | $17.7M | $31.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 322.38 | −0.001% | $36.3M | $57.8M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 324.34 | +0.607% | $47K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 323.46 | +0.334% | $76K | $991K | 5x |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 323.14 | +0.235% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 322.80 | +0.129% | $118K | $583K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 322.93 | +0.170% | $3.3M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 322.29 | −0.029% | $731 | $969K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 323.47 | +0.337% | $53K | $292K | 10x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 323.73 | +0.418% | $178K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0124% / S +0.0144% | 1h | 322.90 | +0.162% | $432K | — | 100x | as long as short |
| Binance TAOUSDT | +0.0154% | 4h | 322.11 | −0.086% | $94.0M | $522.9M | 75x | as long as short |
| edgeX TAOUSDC | +0.0156% | 4h | 324.58 | +0.683% | $43K | $315K | 10x | as long as short |
| MEXC TAO_USDT | +0.0156% | 4h | 322.45 | +0.021% | $105.4M | $148.9M | 300x | as long as short |
| Paradex TAO-USD-PERP | +0.0272% | 8h | 322.46 | +0.025% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0313% | 4h | 322.01 | −0.114% | $1.3M | $10.8M | 50x | as long as short |
| Bybit TAOUSDT | +0.0366% | 4h | 322.02 | −0.113% | $70.3M | $155.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0382% | 4h | 322.46 | +0.024% | — | $34.3M | — | as long as short |
| BloFin TAO-USDT | +0.0398% | 4h | 324.59 | +0.685% | $4.7M | $11.3M | 100x | as long as short |
| Bullet TAO-USD | +0.0417% | 1h | 323.30 | +0.285% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0460% | 4h | 323.74 | +0.420% | $552K | $937K | 10x | as long as short |
| Extended TAO-USD | +0.0488% | 1h | 322.53 | +0.047% | $922K | $2.4M | 25x | as long as short |
| Variational Omni TAO | +0.0506% | 4h | 323.50 | +0.346% | $5.7M | $10.1M | — | as long as short |
| Phoenix TAO | +0.0513% | 1h | 324.40 | +0.626% | $323K | $709K | 5x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 322.95 | +0.175% | $367K | $422K | 10x | as long as short |
| Nado TAO-PERP | +0.0550% | 1h | 323.55 | +0.363% | $819K | $2.2M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0604% | 1h | 323.69 | +0.407% | $18K | $1.9M | 25x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 322.74 | +0.111% | $104K | $384K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0669% | 1h | 323.25 | +0.269% | $322K | $898K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 323.46 | +0.335% | $372 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0704% | 1h | 322.59 | +0.064% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0724% | 1h | 323.21 | +0.256% | $95.6M | $110.0M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 323.39 | +0.312% | $1.5M | $6.9M | 50x | as long as short |
| Lighter TAO | +0.1008% | 1h | 322.96 | +0.178% | $1.5M | $6.6M | 5x | as long as short |
| RISEx TAO/USDClong | +0.1077% | 1h | 322.38 | long leg | $464K | $652K | 5x | |
| Kraken Futures PF_TAOUSD | +0.1142% | 1h | 323.10 | +0.222% | $6.1M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.62 | +0.384% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Binance TAOUSDT
edgeX TAOUSDC
MEXC TAO_USDT
Paradex TAO-USD-PERP
Aster TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
BloFin TAO-USDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
Extended TAO-USD
Variational Omni TAO
Phoenix TAO
Pacifica TAO
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
Lighter TAO
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP