TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0398%/8h= +43.6% APRnext payment +$0.50 per $10,000 · paid last 24h +0.078%

Price spread now: 01 Exchange against Arcus−0.022%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on 01 Exchange

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

Funding pays, the price is against you. 01 Exchange is 0.022% cheaper against Arcus than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus TAO-USD	312.48	0.0186	pay 0.0023% / 1h	14m 35s	$83K	$545K	5x
Short	01 Exchange TAOUSD	312.41	0.0584	get 0.0073% / 1h	14m 35s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Arcus. 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 ArcusbpFee 01 ExchangebpOrdersPrice spread, now −0.022%Rate

Funding earned: $83.56
Price spread: −0.022% → 0.000%: −$2.24
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $69.81
Costs to cover: 0.115%
Break-even: 1.2 days

Slippage unknown: Arcus: live order book, 64 min ago; 01 Exchange: 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 Arcus live order book, 64 min ago	3.43 bp	12.8 bp −$13	23.6 bp −$236	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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	−0.2753%	1h	312.56	+0.025%	$167K	$47K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	312.06	−0.134%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	311.55	−0.299%	$20K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.95	+0.790%	$23K	$361	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.11	−0.118%	$36K	$573K	20x	as long as short
Pacifica TAO	+0.0100%	1h	312.35	−0.041%	$369K	$363K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.16	−0.103%	$88.5M	$428.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	312.31	−0.054%	$61.5M	$125.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.10	−0.122%	$25.1M	$101.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.20	−0.090%	$12.5M	$50.2M	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_USDT	+0.0100%	4h	312.35	−0.042%	$110.6M	$131.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.15	−0.106%	$18.4M	$27.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	311.57	−0.291%	$34.8M	$46.8M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	312.26	−0.070%	—	$30.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.79	−0.220%	$40K	$281K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.93	−0.175%	$517K	$943K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	311.99	−0.157%	$47K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	312.27	−0.067%	$76K	$455K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.65	−0.264%	$11K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	311.66	−0.262%	$60K	$275K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.40	−0.346%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.49	−0.317%	$127K	$414K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	311.87	−0.195%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.18	−0.096%	$171K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	312.10	−0.122%	$1K	$561K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0158%	1h	311.71	−0.248%	$20K	$1.5M	25x	as long as short
Aster TAOUSDT	+0.0164%	4h	312.21	−0.088%	$1.1M	$7.9M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0070%	1h	311.51	−0.311%	$444K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0184%	8h	312.27	−0.066%	$14K	$1K	10x	as long as short
Arcus TAO-USDlong	+0.0186%	1h	312.48	long leg	$83K	$545K	5x
Variational Omni TAO	+0.0210%	4h	311.68	−0.256%	$3.9M	$7.1M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.88	−0.192%	$4.4M	$10.5M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0450%	1h	312.10	−0.121%	$5.7M	$19.9M	50x	as long as short
Nado TAO-PERP	+0.0450%	1h	312.25	−0.073%	$820K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0510%	1h	312.20	−0.090%	$291K	$803K	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.00	−0.154%	$326K	$521K	5x	as long as short
01 Exchange TAOUSDshort	+0.0584%	1h	312.41	−0.022%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0695%	1h	311.71	−0.247%	$358	—	20x	as long as short
Extended TAO-USD	+0.0848%	1h	312.25	−0.074%	$854K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	313.27	+0.253%	$1.5M	$5.8M	50x	as long as short
Lighter TAO	+0.1216%	1h	312.78	+0.096%	$1.6M	$5.8M	5x	as long as short
RISEx TAO/USDC	+0.1238%	1h	312.23	−0.082%	$413K	$584K	5x	as long as short
Hyperliquid TAO	+0.1595%	1h	312.72	+0.077%	$97.6M	$84.4M	5x	as long as short