Funding arb · Price arb /

TAO

all TAO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.010%

Price spread now: Paradex against Aevo+0.003%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds 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: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TAO-PERP	312.96	0.0104	pay 0.0013% / 1h	25m 59s	$172K	$998	3x
Short	Paradex TAO-USD-PERP	312.97	0.0267	get 0.0267% / 8h	2h 25m	$14K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aevo. 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 AevobpFee ParadexbpOrdersPrice spread, now +0.003%Rate

Funding earned: $34.24
Price spread: +0.003% → 0.000%: $0.27
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Paradex: 2 bp × 2 orders: −$4
Net: $14.51
Costs to cover: 0.200%
Break-even: 4.0 days

Slippage unknown: Aevo: live order book, 23 min ago; Paradex: no order-book sample. 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 Aevo live order book, 23 min ago	72.17 bp	114.2 bp −$114	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	312.54	−0.135%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0046%	1h	312.85	−0.035%	$125K	$85K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.88	−0.026%	$89.8M	$508.2M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.60	−0.115%	$26.2M	$121.8M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	313.47	+0.163%	$167K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.50	−0.147%	$13.9M	$51.1M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.74	−0.070%	$107.4M	$145.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.54	−0.134%	$17.2M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.41	−0.176%	$35.2M	$57.0M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.21	+0.401%	$42K	$314K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	312.86	−0.032%	$89K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.70	−0.083%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.24	−0.230%	$113K	$554K	20x	as long as short
Katana Perps TAO-USD	+0.0103%	8h	313.03	+0.022%	$641	$923K	5x	as long as short
Aevo TAO-PERPlong	+0.0104%	1h	312.96	long leg	$172K	$998	3x
Orderly PERP_TAO_USDC	+0.0121%	4h	312.76	−0.064%	$52K	$290K	10x	as long as short
Popdex TAOUSDT	+0.0128%	1h	313.09	+0.042%	$51K	$668K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0129% / S +0.0140%	1h	312.56	−0.129%	$419K	—	100x	as long as short
Phemex TAOUSDT	+0.0201%	4h	312.75	−0.067%	$3.1M	$8.0M	50x	as long as short
Aster TAOUSDT	+0.0207%	4h	312.89	−0.022%	$1.3M	$10.6M	50x	as long as short
Pacifica TAO	+0.0233%	1h	313.05	+0.029%	$356K	$419K	10x	as long as short
Paradex TAO-USD-PERPshort	+0.0267%	8h	312.97	+0.003%	$14K	$1K	10x
Nado TAO-PERP	+0.0275%	1h	312.93	−0.009%	$771K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0304%	1h	313.05	+0.029%	$5.9M	$21.4M	50x	as long as short
Bullet TAO-USD	+0.0323%	1h	312.97	+0.003%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.29	+0.105%	$4.6M	$10.9M	100x	as long as short
GRVT TAO_USDT_Perp	+0.0348%	4h	314.02	+0.338%	$533K	$923K	10x	as long as short
ApeX Omni TAOUSDT	+0.0400%	1h	314.32	+0.435%	$44K	$256K	50x	as long as short
Bybit TAOUSDT	+0.0420%	4h	312.68	−0.089%	$67.9M	$152.4M	50x	as long as short
BingX TAO-USDT	+0.0430%	4h	313.04	+0.026%	—	$33.7M	—	as long as short
Variational Omni TAO	+0.0439%	4h	313.02	+0.019%	$5.5M	$10.1M	—	as long as short
Extended TAO-USD	+0.0472%	1h	312.71	−0.080%	$896K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0483%	1h	313.39	+0.137%	$101K	$345K	5x	as long as short
Phoenix TAO	+0.0513%	1h	314.20	+0.396%	$313K	$713K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0592%	1h	312.77	−0.060%	$15K	$1.8M	25x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	313.03	+0.022%	$360	—	20x	as long as short
01 Exchange TAOUSD	+0.0760%	1h	313.49	+0.169%	$3K	$4K	5x	as long as short
Lighter TAO	+0.0768%	1h	313.13	+0.055%	$1.5M	$6.6M	5x	as long as short
Hyperliquid TAO	+0.0797%	1h	312.91	−0.016%	$91.4M	$109.0M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0808%	1h	312.84	−0.038%	$311K	$890K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	313.93	+0.310%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	313.15	+0.061%	$454K	$649K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	319.48	+2.083%	$23K	$2K	12x	as long as short