TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.078%

Price spread now: 01 Exchange against dYdX+0.117%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 01 Exchange

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

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and 01 Exchange is 0.117% dearer against dYdX than usual: you sell high and buy low: +$12 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	314.24	0	get 0.0000% / 1h	35m 27s	$125K	$85K	5x
Short	01 Exchange TAOUSD	314.61	0.0264	get 0.0033% / 1h	35m 27s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.117%Rate

Funding earned: $55.44
Price spread: +0.117% → 0.000%: $11.66
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $50.1
Costs to cover: 0.170%
Break-even: 0.7 days

Slippage unknown: dYdX: live order book, 23 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 dYdX live order book, 23 min ago	46.16 bp	51.3 bp −$51	67.7 bp −$677	139.5 bp −$13.9K	752.2 bp −$376.1K
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	−0.0482%	1h	315.13	+0.282%	$167K	$1K	10x	as long as short
dYdX TAO-USDlong	0.0000%	1h	314.24	long leg	$125K	$85K	5x
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.01	−0.392%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0057%	1h	313.45	−0.254%	$5.5M	$20.7M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.53	+0.091%	$42K	$690K	20x	as long as short
Katana Perps TAO-USD	+0.0097%	8h	314.25	+0.002%	$997	$792K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.55	+0.098%	$90.6M	$492.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.74	+0.158%	$68.6M	$147.4M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.60	+0.113%	$25.8M	$119.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.20	−0.014%	$12.9M	$49.8M	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	314.54	+0.094%	$107.4M	$143.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.45	+0.066%	$17.5M	$31.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.46	+0.069%	$35.1M	$56.1M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.11	+0.277%	$35K	$303K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	313.74	−0.161%	$522K	$944K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	315.01	+0.244%	$46K	$252K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.50	+0.082%	$89K	$791K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	313.33	−0.291%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.39	−0.272%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.92	−0.421%	$108K	$528K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.40	−0.268%	$3.2M	$8.1M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.17	−0.342%	$172K	$998	3x	as long as short
BingX TAO-USDT	+0.0116%	4h	314.39	+0.047%	—	$30.1M	—	as long as short
Orderly PERP_TAO_USDC	+0.0127%	4h	313.16	−0.345%	$56K	$275K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0150% / S +0.0123%	1h	313.13	−0.353%	$417K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0181%	8h	314.60	+0.113%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0185%	1h	314.66	+0.133%	$797K	$2.2M	10x	as long as short
Aster TAOUSDT	+0.0190%	4h	314.17	−0.025%	$1.2M	$10.2M	50x	as long as short
Hyperliquid TAO	+0.0257%	1h	314.78	+0.171%	$92.7M	$106.0M	5x	as long as short
Extended TAO-USD	+0.0264%	1h	314.34	+0.030%	$917K	$2.4M	25x	as long as short
01 Exchange TAOUSDshort	+0.0264%	1h	314.61	+0.117%	$3K	$4K	5x
Deribit TAO_USDC-PERPETUAL	+0.0265%	1h	313.31	−0.297%	$13K	$1.7M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0327%	1h	313.87	−0.119%	$314K	$913K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.41	+0.053%	$4.5M	$10.8M	100x	as long as short
Arcus TAO-USD	+0.0345%	1h	314.82	+0.183%	$99K	$488K	5x	as long as short
Pacifica TAO	+0.0365%	1h	314.59	+0.110%	$359K	$411K	10x	as long as short
Lighter TAO	+0.0408%	1h	314.72	+0.151%	$1.5M	$6.5M	5x	as long as short
Phoenix TAO	+0.0581%	1h	314.70	+0.145%	$313K	$697K	5x	as long as short
Variational Omni TAO	+0.0588%	4h	313.21	−0.329%	$5.7M	$9.9M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.59	+0.109%	$362	—	20x	as long as short
RISEx TAO/USDC	+0.0991%	1h	314.56	+0.101%	$436K	$653K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	313.64	−0.192%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	319.92	+1.806%	$23K	$2K	12x	as long as short