TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0571%/8h= +62.6% APRnext payment +$0.71 per $10,000 · paid last 24h +0.619%

Price spread now: Injective against dYdX+1.485%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+3.301%+$330 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Injective is 1.485% dearer against dYdX than usual: you sell high and buy low: +$148 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TAO-USD	312.20	0	get 0.0000% / 1h	0m 45s	$125K	$88K	5x
Short	Injective TAO/USDC PERP	316.84	0.0571	get 0.0071% / 1h	0m 45s	$23K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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 dYdXbpFee InjectivebpOrdersPrice spread, now +1.485%Rate

Funding earned: $120
Price spread: +1.485% → 0.000%: $148.5
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $258.48
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: dYdX: live order book, 8 min ago; Injective: 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 dYdX live order book, 8 min ago	36.33 bp	41.3 bp −$41	54.8 bp −$548	143.4 bp −$14.3K	582.5 bp −$291.3K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.1228%	1h	316.14	+1.261%	$168K	$40K	10x	as long as short
dYdX TAO-USDlong	0.0000%	1h	312.20	long leg	$125K	$88K	5x
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	313.53	+0.424%	$12K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0037%	1h	313.45	+0.400%	$16K	$1.5M	25x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.76	+0.498%	$42K	$605K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.47	+0.084%	$89.8M	$453.5M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.40	+0.063%	$25.4M	$108.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.40	+0.063%	$12.7M	$51.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.39	+0.060%	$100.1M	$138.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.41	+0.066%	$18.1M	$29.8M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	312.29	+0.028%	$34.7M	$51.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.16	+0.947%	$40K	$294K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.35	+1.328%	$524K	$958K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.60	+0.768%	$48K	$267K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.55	+0.431%	$56K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.42	+0.390%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.00	+0.575%	$125K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.05	+0.590%	$172K	$998	3x	as long as short
Bullet TAO-USD	+0.0112%	1h	313.83	+0.521%	$12K	$17K	20x	as long as short
Katana Perps TAO-USD	+0.0119%	8h	313.76	+0.498%	$1K	$648K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0105%	1h	313.46	+0.403%	$442K	—	100x	as long as short
Aster TAOUSDT	+0.0180%	4h	312.92	+0.230%	$1.3M	$9.0M	50x	as long as short
Pacifica TAO	+0.0185%	1h	312.48	+0.088%	$370K	$376K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	314.17	+0.630%	$83K	$550K	5x	as long as short
Paradex TAO-USD-PERP	+0.0236%	8h	312.34	+0.043%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0259%	1h	313.93	+0.553%	$92K	$633K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.38	+0.377%	$4.4M	$10.7M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0489%	1h	313.40	+0.384%	$5.6M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	313.80	+0.511%	$328K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0560%	1h	313.96	+0.563%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERPshort	+0.0571%	1h	316.84	+1.485%	$23K	$2K	12x
Variational Omni TAO	+0.0606%	4h	314.06	+0.595%	$5.4M	$8.7M	—	as long as short
Phemex TAOUSDT	+0.0668%	4h	313.70	+0.479%	$3.4M	$7.8M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	313.94	+0.555%	$361	—	20x	as long as short
BingX TAO-USDT	+0.0704%	4h	312.62	+0.133%	—	$30.8M	—	as long as short
Bybit TAOUSDT	+0.0743%	4h	312.64	+0.140%	$63.7M	$134.6M	50x	as long as short
Nado TAO-PERP	+0.0749%	1h	313.98	+0.570%	$778K	$2.1M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0797%	1h	313.01	+0.258%	$316K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	314.47	+0.726%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1080%	1h	313.00	+0.256%	$910K	$2.4M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	313.82	+0.517%	$416K	$602K	5x	as long as short
Lighter TAO	+0.1424%	1h	313.01	+0.258%	$1.6M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1710%	1h	312.85	+0.205%	$100.0M	$91.8M	5x	as long as short