TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0524%/8h= −57.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.096%

Price spread now: Polymarket Perps against 01 Exchange−0.003%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 Polymarket Perps

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 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	318.79	0.0624	pay 0.0078% / 1h	35m 08s	$3K	$4K	5x
Short	Polymarket Perps TAO-USD	318.78	0.0100	get 0.0013% / 1h	35m 08s	$80K	$1.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$110.04
Price spread: −0.003% → 0.000%: −$0.31
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$125.35
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago	3.14 bp	7.1 bp −$7	7.8 bp −$78	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	−0.2019%	1h	319.65	+0.270%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	318.44	−0.109%	$127K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	318.52	−0.084%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.76	−0.009%	$42K	$705K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.30	+0.160%	$26.7M	$129.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.90	+0.035%	$14.2M	$51.8M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.10	+0.097%	$17.9M	$32.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.80	+0.003%	$35.8M	$58.4M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	319.10	+0.097%	$45K	$259K	50x	as long as short
Polymarket Perps TAO-USDshort	+0.0100%	1h	318.78	−0.003%	$80K	$1.1M	5x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	318.87	+0.025%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.21	−0.182%	$118K	$589K	20x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	318.66	−0.041%	$723	$1.0M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0119% / S +0.0148%	1h	318.97	+0.055%	$426K	—	100x	as long as short
Aevo TAO-PERP	+0.0120%	1h	319.20	+0.130%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0121%	4h	319.12	+0.104%	$53K	$292K	10x	as long as short
edgeX TAOUSDC	+0.0159%	4h	319.21	+0.133%	$42K	$317K	10x	as long as short
Binance TAOUSDT	+0.0159%	4h	319.39	+0.187%	$92.4M	$528.2M	75x	as long as short
MEXC TAO_USDT	+0.0160%	4h	319.31	+0.163%	$104.9M	$149.8M	300x	as long as short
Paradex TAO-USD-PERP	+0.0256%	8h	318.48	−0.096%	$14K	$1K	10x	as long as short
Phemex TAOUSDT	+0.0307%	4h	318.92	+0.041%	$3.2M	$8.1M	50x	as long as short
Aster TAOUSDT	+0.0313%	4h	319.21	+0.132%	$1.3M	$10.9M	50x	as long as short
Bybit TAOUSDT	+0.0349%	4h	319.40	+0.191%	$69.8M	$155.9M	50x	as long as short
BingX TAO-USDT	+0.0370%	4h	319.16	+0.116%	—	$34.5M	—	as long as short
Bullet TAO-USD	+0.0380%	1h	319.18	+0.121%	$12K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0388%	4h	318.88	+0.029%	$543K	$940K	10x	as long as short
BloFin TAO-USDT	+0.0399%	4h	318.66	−0.041%	$4.7M	$11.0M	100x	as long as short
Extended TAO-USD	+0.0472%	1h	319.19	+0.125%	$912K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	318.61	−0.056%	$363K	$423K	10x	as long as short
Variational Omni TAO	+0.0538%	4h	318.75	−0.013%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	319.70	+0.285%	$318K	$709K	5x	as long as short
Nado TAO-PERP	+0.0610%	1h	319.02	+0.071%	$796K	$2.1M	10x	as long as short
Hyperliquid TAO	+0.0614%	1h	319.22	+0.135%	$94.4M	$110.1M	5x	as long as short
01 Exchange TAOUSDlong	+0.0624%	1h	318.79	long leg	$3K	$4K	5x
Arcus TAO-USD	+0.0641%	1h	319.81	+0.320%	$103K	$394K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0673%	1h	319.27	+0.151%	$297K	$905K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0676%	1h	319.17	+0.119%	$11K	$1.9M	25x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.13	+0.107%	$367	—	20x	as long as short
Lighter TAO	+0.0832%	1h	319.38	+0.187%	$1.5M	$6.7M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	320.89	+0.659%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	319.12	+0.104%	$456K	$665K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1156%	1h	319.26	+0.146%	$6.0M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	323.63	+1.518%	$24K	$2K	12x	as long as short