Funding arb · Price arb /

TAO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0724%/8h= −79.3% APRpaid last 24h −0.078%

Price spread now: MEXC against 01 Exchange+0.019%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on MEXC

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$22 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	314.27	0.0824	pay 0.0103% / 1h	47m 39s	$3K	$4K	5x
Short	MEXC TAO_USDT	314.33	0.0100	get 0.0050% / 4h	47m 39s	$121.5M	$126.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$152.04
Price spread: +0.019% → 0.000%: $1.91
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$157.13
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago	0.80 bp	1.1 bp −$1	4.5 bp −$45	26.5 bp −$2,653	90.7 bp −$45.3K

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	−0.4722%	1h	314.01	−0.082%	$168K	$48K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.20	−0.022%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.44	−0.263%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.39	+0.038%	$23K	$260	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.80	−0.150%	$40K	$549K	20x	as long as short
Pacifica TAO	+0.0100%	1h	314.48	+0.067%	$372K	$372K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.43	+0.051%	$89.0M	$421.7M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.47	+0.064%	$61.6M	$123.4M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.30	+0.010%	$25.1M	$100.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.10	−0.054%	$12.7M	$49.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDTshort	+0.0100%	4h	314.33	+0.019%	$121.5M	$126.4M	300x
KuCoin TAOUSDTM	+0.0100%	4h	314.62	+0.111%	$19.1M	$27.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.78	−0.156%	$35.1M	$46.2M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	313.90	−0.118%	—	$30.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.44	−0.264%	$41K	$280K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.12	−0.048%	$519K	$950K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.37	−0.286%	$47K	$269K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.53	−0.235%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.43	−0.267%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.28	−0.315%	$128K	$394K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.25	−0.325%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.76	−0.164%	$172K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	313.91	−0.115%	$2K	$537K	5x	as long as short
Polymarket Perps TAO-USD	+0.0117%	1h	313.81	−0.146%	$77K	$522K	5x	as long as short
Bullet TAO-USD	+0.0141%	1h	313.71	−0.178%	$11K	$17K	20x	as long as short
Variational Omni TAO	+0.0173%	4h	313.59	−0.218%	$3.8M	$6.9M	—	as long as short
Paradex TAO-USD-PERP	+0.0186%	8h	314.25	−0.007%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0186%	1h	314.16	−0.035%	$83K	$626K	5x	as long as short
Aster TAOUSDT	+0.0209%	4h	313.80	−0.148%	$1.1M	$7.8M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0327%	1h	313.60	−0.215%	$19K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.07	−0.064%	$4.3M	$9.8M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0448%	1h	313.59	−0.216%	$5.8M	$19.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0175%	1h	313.41	−0.275%	$449K	—	100x	as long as short
Nado TAO-PERP	+0.0502%	1h	313.65	−0.196%	$843K	$2.0M	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.70	−0.500%	$334K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0576%	1h	313.55	−0.229%	$300K	$798K	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	313.66	−0.194%	$361	—	20x	as long as short
01 Exchange TAOUSDlong	+0.0824%	1h	314.27	long leg	$3K	$4K	5x
Extended TAO-USD	+0.0840%	1h	313.85	−0.132%	$864K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	314.20	−0.022%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDC	+0.1238%	1h	314.06	−0.065%	$432K	$536K	5x	as long as short
Lighter TAO	+0.1544%	1h	314.86	+0.187%	$1.7M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2174%	1h	314.79	+0.165%	$98.5M	$82.8M	5x	as long as short