TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0462%/8h= −50.5% APRnext payment −$0.58 per $10,000 · paid last 24h −0.079%

Price spread now: Polymarket Perps against 01 Exchange−0.125%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Polymarket Perps

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 against this trade now: funding costs −$14 a day on $10k at the current rate, and Polymarket Perps is 0.125% cheaper against 01 Exchange than usual: you would sell low and buy high (−$12 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	01 Exchange TAOUSD	321.10	0.0824	pay 0.0103% / 1h	52m 13s	$3K	$4K	5x
Short	Polymarket Perps TAO-USD	320.70	0.0362	get 0.0045% / 1h	52m 13s	$100K	$633K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against 01 Exchange. 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 01 ExchangebpFee Polymarket PerpsbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$96.94
Price spread: −0.125% → 0.000%: −$12.46
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$124.39
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 20 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 20 min ago	2.71 bp	6.7 bp −$7	9.3 bp −$93	doesn't fit	doesn't fit

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	−0.1799%	1h	311.96	−2.846%	$167K	$44K	10x	as long as short
Phemex TAOUSDT	−0.1370%	4h	320.20	−0.280%	$3.5M	$7.9M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	320.23	−0.271%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	320.92	−0.055%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.63	−0.146%	$40K	$578K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	320.48	−0.193%	$857	$591K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	320.56	−0.168%	$92.2M	$439.0M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.60	−0.156%	$26.0M	$107.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.20	−0.280%	$12.9M	$49.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	320.60	−0.156%	$105.8M	$131.5M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	320.51	−0.184%	$19.1M	$28.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	320.32	−0.243%	$35.8M	$48.9M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	319.37	−0.538%	$36K	$287K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	320.51	−0.184%	$58K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	320.29	−0.252%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.60	−0.156%	$128K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	321.87	+0.240%	$177K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0142%	4h	319.47	−0.509%	$531K	$945K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0085%	1h	320.79	−0.097%	$464K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	320.43	−0.209%	$379K	$371K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	320.51	−0.184%	$85K	$545K	5x	as long as short
Paradex TAO-USD-PERP	+0.0220%	8h	320.20	−0.280%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0222%	4h	320.55	−0.171%	$1.1M	$8.1M	50x	as long as short
Bullet TAO-USD	+0.0262%	1h	321.12	+0.006%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0291%	4h	319.01	−0.650%	$5.5M	$8.6M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.44	−0.517%	$4.4M	$10.9M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0341%	1h	320.38	−0.224%	$22K	$1.5M	25x	as long as short
Polymarket Perps TAO-USDshort	+0.0362%	1h	320.70	−0.125%	$100K	$633K	5x
BingX TAO-USDT	+0.0398%	4h	321.25	+0.047%	—	$30.7M	—	as long as short
Bybit TAOUSDT	+0.0473%	4h	320.65	−0.140%	$65.8M	$130.0M	50x	as long as short
ApeX Omni TAOUSDT	+0.0476%	1h	318.98	−0.660%	$48K	$268K	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0479%	1h	320.34	−0.237%	$5.8M	$20.2M	50x	as long as short
Phoenix TAO	+0.0525%	1h	319.30	−0.561%	$334K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	317.85	−1.012%	$23K	$370	12x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	320.25	−0.265%	$368	—	20x	as long as short
Nado TAO-PERP	+0.0772%	1h	320.43	−0.208%	$892K	$2.0M	10x	as long as short
01 Exchange TAOUSDlong	+0.0824%	1h	321.10	long leg	$3K	$4K	5x
Coinbase International TAO-PERP-INTX	+0.0984%	1h	320.83	−0.084%	$1.5M	$6.1M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1001%	1h	320.21	−0.277%	$317K	$817K	10x	as long as short
Extended TAO-USD	+0.1032%	1h	320.47	−0.198%	$933K	$2.2M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	320.44	−0.205%	$422K	$586K	5x	as long as short
Lighter TAO	+0.1880%	1h	321.02	−0.024%	$1.7M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2944%	1h	321.12	+0.006%	$104.9M	$88.5M	5x	as long as short