TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0585%/8h= +64.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.029%

Price spread now: 01 Exchange against GMX+0.034%47s7-day average — · you sell dearer than you buy

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

Long on GMX 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

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and 01 Exchange is 0.034% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TAO/USD [WBTC.b-USDC]	319.32	L +0.0103% / S +0.0137%	pay 0.0013% / 1h	8m 34s	$412K	—	100x
Short	01 Exchange TAOUSD	319.43	0.0688	get 0.0086% / 1h	8m 34s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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 GMXbpFee 01 ExchangebpOrdersPrice spread, now +0.034%Rate

Funding earned: $122.82
Price spread: +0.034% → 0.000%: $3.45
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $107.27
Costs to cover: 0.190%
Break-even: 0.9 days

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	319.24	−0.026%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0067%	1h	319.39	+0.022%	$128K	$86K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.03	−0.091%	$48K	$715K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.00	−0.100%	$26.5M	$132.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.20	−0.038%	$14.8M	$52.3M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.71	+0.122%	$17.9M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.04	−0.088%	$36.0M	$58.1M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.28	+0.301%	$88K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.07	−0.078%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.76	−0.175%	$117K	$603K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TAO/USD [WBTC.b-USDC]long	L +0.0103% / S +0.0137%	1h	319.32	long leg	$412K	—	100x
Katana Perps TAO-USD	+0.0106%	8h	318.96	−0.113%	$653	$1.2M	5x	as long as short
ApeX Omni TAOUSDT	+0.0121%	1h	319.65	+0.103%	$46K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0128%	1h	319.49	+0.052%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0178%	4h	319.33	+0.003%	$52K	$294K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	319.75	+0.133%	$42K	$319K	10x	as long as short
MEXC TAO_USDT	+0.0194%	4h	319.57	+0.078%	$104.5M	$152.8M	300x	as long as short
Binance TAOUSDT	+0.0195%	4h	319.02	−0.094%	$92.3M	$533.5M	75x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.437%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0265%	8h	319.66	+0.105%	$15K	$1K	10x	as long as short
BingX TAO-USDT	+0.0272%	4h	319.17	−0.047%	—	$37.3M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	319.13	−0.059%	$70.2M	$157.3M	50x	as long as short
Bullet TAO-USD	+0.0303%	1h	319.86	+0.169%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	319.69	+0.115%	$375K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0318%	4h	319.67	+0.108%	$544K	$896K	10x	as long as short
Aster TAOUSDT	+0.0356%	4h	319.10	−0.069%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0384%	1h	319.17	−0.046%	$911K	$2.4M	25x	as long as short
Phemex TAOUSDT	+0.0398%	4h	319.20	−0.038%	$3.2M	$8.1M	50x	as long as short
BloFin TAO-USDT	+0.0435%	4h	319.37	+0.016%	$4.7M	$11.0M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0460%	1h	319.13	−0.061%	$15K	$1.9M	25x	as long as short
Nado TAO-PERP	+0.0468%	1h	318.92	−0.126%	$782K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.49	+0.053%	$101K	$384K	5x	as long as short
Variational Omni TAO	+0.0568%	4h	319.84	+0.163%	$5.6M	$10.1M	—	as long as short
Phoenix TAO	+0.0629%	1h	319.90	+0.182%	$322K	$703K	5x	as long as short
Lighter TAO	+0.0632%	1h	319.75	+0.135%	$1.6M	$6.9M	5x	as long as short
01 Exchange TAOUSDshort	+0.0688%	1h	319.43	+0.034%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0698%	1h	320.38	+0.330%	$368	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0700%	1h	319.31	−0.003%	$298K	$905K	10x	as long as short
Hyperliquid TAO	+0.0706%	1h	319.88	+0.175%	$94.7M	$110.1M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0830%	1h	319.30	−0.006%	$6.0M	$21.7M	50x	as long as short
RISEx TAO/USDC	+0.0831%	1h	319.12	−0.064%	$452K	$662K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.59	+0.085%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+0.977%	$23K	$2K	12x	as long as short