Funding you earn now, next payment 11:00 UTC−0.3789%/8h= −414.9% APRnext payment −$4.74 per $10,000 · paid last 24h −0.702%
Price spread now: 01 Exchange against Injective−1.380%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$114 a day on $10k at the current rate, and 01 Exchange is 1.380% cheaper against Injective than usual: you would sell low and buy high (−$138 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TAO/USDC PERP | 320.28 | 0.4405 | pay 0.0551% / 1h | 46m 59s | $23K | $2K | 12x |
| Short | 01 Exchange TAOUSD | 315.86 | 0.0616 | get 0.0077% / 1h | 46m 59s | $3K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$795.72
- Price spread: −1.380% → 0.000%
- −$138
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$940.74
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Injective 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 exchanges
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 −0.0003% | 1h | 315.39 | −1.525% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.80 | −1.399% | $50K | $632K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.10 | −1.305% | $26.8M | $128.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.50 | −1.492% | $15.7M | $47.5M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.64 | −1.449% | $17.5M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.84 | −1.386% | $35.8M | $56.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.75 | −1.102% | $45K | $253K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.50 | −1.492% | $81K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.36 | −1.536% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.44 | −1.511% | $112K | $564K | 20x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0104% | 8h | 315.52 | −1.486% | $890 | $1.3M | 5x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 315.76 | −1.410% | $173K | $998 | 3x | as long as short |
| Bybit TAOUSDT | +0.0126% | 4h | 316.16 | −1.286% | $69.2M | $155.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0134% | 4h | 315.78 | −1.405% | $105.9M | $147.6M | 300x | as long as short |
| Binance TAOUSDT | +0.0136% | 4h | 315.91 | −1.363% | $92.9M | $511.1M | 75x | as long as short |
| BingX TAO-USDT | +0.0140% | 4h | 315.76 | −1.411% | — | $38.0M | — | as long as short |
| edgeX TAOUSDC | +0.0141% | 4h | 316.70 | −1.118% | $42K | $324K | 10x | as long as short |
| Lighter TAO | +0.0176% | 1h | 315.82 | −1.394% | $1.6M | $6.6M | 5x | as long as short |
| Phemex TAOUSDT | +0.0200% | 4h | 315.75 | −1.414% | $3.2M | $8.1M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0203% | 8h | 315.99 | −1.341% | $14K | $876 | 10x | as long as short |
| Extended TAO-USD | +0.0208% | 1h | 315.98 | −1.343% | $954K | $2.1M | 25x | as long as short |
| Pacifica TAO | +0.0240% | 1h | 316.06 | −1.318% | $374K | $456K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0248% | 4h | 315.96 | −1.350% | $539K | $805K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0255% | 4h | 315.64 | −1.449% | $53K | $262K | 10x | as long as short |
| Bullet TAO-USD | +0.0263% | 1h | 315.74 | −1.418% | $12K | $16K | 20x | as long as short |
| Aster TAOUSDT | +0.0301% | 4h | 315.83 | −1.389% | $1.2M | $11.2M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0359% / S −0.0107% | 1h | 315.34 | −1.541% | $371K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0376% | 4h | 315.91 | −1.364% | $4.9M | $10.5M | 100x | as long as short |
| Nado TAO-PERP | +0.0393% | 1h | 315.74 | −1.417% | $694K | $2.0M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0404% | 1h | 315.68 | −1.437% | $15K | $1.9M | 25x | as long as short |
| Variational Omni TAO | +0.0444% | 4h | 316.43 | −1.201% | $5.7M | $9.8M | — | as long as short |
| Hyperliquid TAO | +0.0485% | 1h | 315.93 | −1.358% | $95.0M | $107.1M | 5x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 316.17 | −1.283% | $100K | $310K | 5x | as long as short |
| 01 Exchange TAOUSDshort | +0.0616% | 1h | 315.86 | −1.380% | $3K | $2K | 5x | |
| Phoenix TAO | +0.0650% | 1h | 316.90 | −1.055% | $319K | $710K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0663% | 1h | 315.87 | −1.377% | $297K | $1.1M | 10x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 315.77 | −1.408% | $436K | $672K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 316.00 | −1.336% | $1.1M | $7.6M | 50x | as long as short |
| dYdX TAO-USD | +0.0696% | 1h | 315.77 | −1.408% | $266K | $230K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 315.58 | −1.466% | $363 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0807% | 1h | 318.75 | −0.478% | $169K | $0 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0933% | 1h | 315.81 | −1.395% | $6.2M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERPlong | +0.4405% | 1h | 320.28 | long leg | $23K | $2K | 12x |
Injective TAO/USDC PERP
01 Exchange TAOUSD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Bybit TAOUSDT
MEXC TAO_USDT
Binance TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
Lighter TAO
Phemex TAOUSDT
Paradex TAO-USD-PERP
Extended TAO-USD
Pacifica TAO
GRVT TAO_USDT_Perp
Bullet TAO-USD
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Variational Omni TAO
Hyperliquid TAO
Phoenix TAO
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Bulk TAO-USD
Kraken Futures PF_TAOUSD