TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0792%/8h= −86.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.074%

Price spread now: dYdX against 01 Exchange−0.443%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on dYdX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and dYdX is 0.443% cheaper against 01 Exchange than usual: you would sell low and buy high (−$44 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	01 Exchange TAOUSD	324.82	0.0792	pay 0.0099% / 1h	31m 34s	$3K	$4K	5x
Short	dYdX TAO-USD	323.38	0	get 0.0000% / 1h	31m 34s	$129K	$85K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against 01 Exchange. 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 01 ExchangebpFee dYdXbpOrdersPrice spread, now −0.443%Rate

Funding earned: −$166.32
Price spread: −0.443% → 0.000%: −$44.33
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$227.65
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; dYdX: live order book, 32 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 01 Exchange no order-book sample	—	—	—	—	—
Sell dYdX live order book, 32 min ago	38.70 bp	43.7 bp −$44	58.9 bp −$589	210.2 bp −$21.0K	437.5 bp −$218.8K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.5583%	1h	316.49	−2.564%	$168K	$1K	10x	as long as short
dYdX TAO-USDshort	0.0000%	1h	323.38	−0.443%	$129K	$85K	5x
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	323.11	−0.527%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	324.29	−0.163%	$33K	$673K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	324.23	−0.182%	$94.5M	$477.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	323.80	−0.314%	$26.7M	$119.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	323.60	−0.376%	$13.3M	$49.7M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	323.69	−0.348%	$99.4M	$141.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	323.53	−0.397%	$17.9M	$31.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	323.77	−0.323%	$36.2M	$54.5M	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	324.24	−0.178%	$37K	$302K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	323.98	−0.259%	$87K	$789K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	323.01	−0.557%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	322.62	−0.677%	$131K	$481K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	323.60	−0.376%	$3.5M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	323.18	−0.504%	$177K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0111%	4h	322.98	−0.566%	$59K	$281K	10x	as long as short
Katana Perps TAO-USD	+0.0116%	8h	324.24	−0.179%	$1K	$773K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0161% / S +0.0124%	1h	323.07	−0.540%	$450K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0243%	1h	323.51	−0.404%	$5.7M	$20.6M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0266%	4h	324.28	−0.168%	$538K	$964K	10x	as long as short
Bullet TAO-USD	+0.0318%	1h	323.51	−0.403%	$12K	$18K	20x	as long as short
Paradex TAO-USD-PERP	+0.0318%	8h	323.93	−0.275%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	324.60	−0.068%	$4.5M	$10.9M	100x	as long as short
Aster TAOUSDT	+0.0375%	4h	323.86	−0.296%	$1.2M	$9.6M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0404%	1h	322.98	−0.567%	$28K	$1.6M	25x	as long as short
Pacifica TAO	+0.0448%	1h	323.74	−0.334%	$382K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	324.60	−0.068%	$339K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	324.47	−0.108%	$101K	$489K	5x	as long as short
Nado TAO-PERP	+0.0559%	1h	324.06	−0.233%	$793K	$2.2M	10x	as long as short
BingX TAO-USDT	+0.0566%	4h	323.97	−0.262%	—	$30.2M	—	as long as short
Bybit TAOUSDT	+0.0601%	4h	323.98	−0.259%	$71.1M	$143.3M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	323.53	−0.398%	$372	—	20x	as long as short
01 Exchange TAOUSDlong	+0.0792%	1h	324.82	long leg	$3K	$4K	5x
ApeX Omni TAOUSDT	+0.0804%	1h	322.29	−0.779%	$47K	$254K	50x	as long as short
Variational Omni TAO	+0.0866%	4h	320.39	−1.363%	$5.9M	$9.7M	—	as long as short
Lighter TAO	+0.0896%	1h	324.02	−0.247%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USD	+0.0896%	1h	324.07	−0.231%	$949K	$2.3M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	324.09	−0.225%	$1.5M	$6.7M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1075%	1h	323.66	−0.357%	$445K	$860K	10x	as long as short
RISEx TAO/USDC	+0.1159%	1h	324.32	−0.152%	$463K	$637K	5x	as long as short
Hyperliquid TAO	+0.1316%	1h	323.82	−0.308%	$101.7M	$98.9M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	−0.446%	$24K	$2K	12x	as long as short