TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0333%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h +0.086%

Price spread now: 01 Exchange against Deribit+0.846%7-day average — · you sell dearer than you buy

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

Long on Deribit 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 +$10 a day on $10k at the current rate, and 01 Exchange is 0.846% dearer against Deribit than usual: you sell high and buy low: +$85 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	Deribit TAO_USDC-PERPETUAL	314.23	0.0339	pay 0.0042% / 1h	16m 27s	$22K	$1.5M	25x
Short	01 Exchange TAOUSD	316.89	0.0672	get 0.0084% / 1h	16m 27s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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 DeribitbpFee 01 ExchangebpOrdersPrice spread, now +0.846%Rate

Funding earned: $69.93
Price spread: +0.846% → 0.000%: $84.58
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $140.51
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Deribit: live order book, 3 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 Deribit live order book, 3 min ago	3.96 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit
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 42 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
dYdX TAO-USD	0.0000%	1h	315.80	+0.499%	$126K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	316.89	+0.846%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.72	+0.792%	$41K	$637K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	317.24	+0.957%	$91.4M	$468.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.30	+0.976%	$26.3M	$113.9M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	315.28	+0.333%	$167K	$40K	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.00	+0.881%	$12.9M	$50.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.18	+0.938%	$112.3M	$139.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.20	+0.944%	$18.1M	$30.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.81	+0.820%	$35.3M	$53.9M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	314.93	+0.222%	$35K	$300K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.80	+0.181%	$47K	$253K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	317.24	+0.957%	$58K	$282K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	314.38	+0.047%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.22	+0.314%	$129K	$473K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.47	+0.076%	$3.4M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.87	+0.205%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	316.63	+0.763%	$673	$714K	5x	as long as short
Polymarket Perps TAO-USD	+0.0123%	1h	316.95	+0.865%	$80K	$682K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0168%	1h	314.39	+0.051%	$5.6M	$20.5M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0168% / S +0.0099%	1h	314.14	−0.030%	$430K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0176%	4h	315.62	+0.442%	$520K	$954K	10x	as long as short
Aster TAOUSDT	+0.0255%	4h	316.05	+0.579%	$1.3M	$9.4M	50x	as long as short
Bullet TAO-USD	+0.0255%	1h	317.37	+1.000%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0285%	1h	316.10	+0.594%	$371K	$384K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	316.84	+0.830%	$100K	$529K	5x	as long as short
Deribit TAO_USDC-PERPETUALlong	+0.0339%	1h	314.23	long leg	$22K	$1.5M	25x
Paradex TAO-USD-PERP	+0.0367%	8h	316.01	+0.565%	$14K	$1K	10x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	318.67	+1.412%	$23K	$2K	12x	as long as short
Nado TAO-PERP	+0.0518%	1h	317.05	+0.897%	$791K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	316.00	+0.563%	$330K	$681K	5x	as long as short
01 Exchange TAOUSDshort	+0.0672%	1h	316.89	+0.846%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0696%	1h	317.13	+0.921%	$365	—	20x	as long as short
BingX TAO-USDT	+0.0800%	4h	317.25	+0.960%	—	$30.9M	—	as long as short
Bybit TAOUSDT	+0.0830%	4h	317.38	+1.002%	$66.7M	$138.1M	50x	as long as short
Variational Omni TAO	+0.0845%	4h	315.73	+0.476%	$5.5M	$8.9M	—	as long as short
Extended TAO-USD	+0.0928%	1h	316.24	+0.639%	$903K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0930%	1h	314.68	+0.142%	$318K	$810K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	314.96	+0.232%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1132%	1h	316.62	+0.761%	$452K	$631K	5x	as long as short
Hyperliquid TAO	+0.1355%	1h	317.47	+1.030%	$100.9M	$95.2M	5x	as long as short
Lighter TAO	+0.1432%	1h	316.43	+0.701%	$1.7M	$6.1M	5x	as long as short