Funding you earn now, next payment 01:00 UTC−0.0460%/8h= −50.4% APRpaid last 24h −0.100%
Price spread now: GRVT against 01 Exchange−0.023%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GRVT is 0.023% cheaper against 01 Exchange than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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 | 01 Exchange TAOUSD | 316.26 | 0.0560 | pay 0.0070% / 1h | 12m 34s | $3K | $4K | 5x |
| Short | GRVT TAO_USDT_Perp | 316.19 | 0.0100 | get 0.0050% / 4h | 3h 12m | $524K | $958K | 10x |
01 Exchange TAOUSD
GRVT TAO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$96.6
- Price spread: −0.023% → 0.000%
- −$2.27
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$114.87
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; GRVT: live order book, 60 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 GRVT live order book, 60 min ago | 6.56 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1821% | 1h | 318.67 | +0.762% | $169K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.74 | −0.165% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.22 | −0.014% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.17 | −0.028% | $42K | $598K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.12 | −0.045% | $90.6M | $450.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.20 | −0.019% | $25.7M | $108.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.70 | −0.177% | $12.8M | $51.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.21 | −0.016% | $99.0M | $136.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.06 | −0.063% | $17.9M | $29.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.93 | −0.104% | $35.2M | $51.3M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.13 | −0.041% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0100% | 4h | 316.19 | −0.023% | $524K | $958K | 10x | |
| Bullet TAO-USD | +0.0100% | 1h | 316.42 | +0.051% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.24 | −0.006% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.17 | −0.028% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.44 | +0.057% | $126K | $422K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.78 | +0.164% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.88 | +0.194% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0122% | 8h | 316.27 | +0.003% | $1K | $636K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0097% | 1h | 316.06 | −0.065% | $453K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 316.15 | −0.036% | $375K | $375K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 316.35 | +0.028% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0206% | 4h | 316.01 | −0.080% | $1.2M | $8.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0232% | 8h | 316.08 | −0.057% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0247% | 1h | 316.30 | +0.013% | $17K | $1.5M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0247% | 1h | 316.20 | −0.019% | $48K | $267K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0270% | 1h | 316.82 | +0.177% | $93K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.46 | +0.063% | $4.5M | $10.8M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0485% | 1h | 316.40 | +0.043% | $5.7M | $20.3M | 50x | as long as short |
| Variational Omni TAO | +0.0516% | 4h | 316.67 | +0.128% | $5.5M | $8.7M | — | as long as short |
| Phoenix TAO | +0.0525% | 1h | 316.60 | +0.108% | $331K | $624K | 5x | as long as short |
| 01 Exchange TAOUSDlong | +0.0560% | 1h | 316.26 | long leg | $3K | $4K | 5x | |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.77 | +0.477% | $23K | $802 | 12x | as long as short |
| BingX TAO-USDT | +0.0622% | 4h | 316.19 | −0.022% | — | $30.4M | — | as long as short |
| Bybit TAOUSDT | +0.0673% | 4h | 316.43 | +0.054% | $65.2M | $133.4M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 316.41 | +0.048% | $364 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0762% | 1h | 316.72 | +0.145% | $879K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0805% | 1h | 316.37 | +0.035% | $320K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.34 | +0.341% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1112% | 1h | 316.12 | −0.044% | $886K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.15 | −0.034% | $418K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 316.22 | −0.012% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1850% | 1h | 316.22 | −0.013% | $101.3M | $91.8M | 5x | as long as short |
edgeX TAOUSDC
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Variational Omni TAO
Phoenix TAO
Injective TAO/USDC PERP
BingX TAO-USDT
Bybit TAOUSDT
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO