TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0626%/8h= +68.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.100%

Price spread now: 01 Exchange against dYdX+0.215%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 +$19 a day on $10k at the current rate, and 01 Exchange is 0.215% dearer against dYdX than usual: you sell high and buy low: +$22 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	317.95	0.0062	pay 0.0008% / 1h	3m 45s	$128K	$86K	5x
Short	01 Exchange TAOUSD	318.63	0.0688	get 0.0086% / 1h	3m 45s	$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 +0.215%Rate

Funding earned: $131.42
Price spread: +0.215% → 0.000%: $21.5
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: $135.92
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: dYdX: live order book, 35 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, 35 min ago	27.37 bp	32.4 bp −$32	39.3 bp −$393	129.2 bp −$12.9K	563.6 bp −$281.8K
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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	317.64	−0.095%	$22K	—	150x	as long as short
dYdX TAO-USDlong	+0.0062%	1h	317.95	long leg	$128K	$86K	5x
Popdex TAOUSDT	+0.0096%	1h	318.40	+0.143%	$49K	$716K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.50	−0.140%	$26.4M	$131.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.20	−0.235%	$14.8M	$52.5M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.45	−0.156%	$17.8M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	317.34	−0.191%	$35.8M	$57.9M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	317.88	−0.021%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	317.71	−0.074%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.86	−0.342%	$116K	$590K	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]	L +0.0103% / S +0.0138%	1h	317.59	−0.111%	$410K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	318.11	+0.051%	$2K	$1.2M	5x	as long as short
Aevo TAO-PERP	+0.0128%	1h	317.98	+0.011%	$175K	$998	3x	as long as short
ApeX Omni TAOUSDT	+0.0138%	1h	318.99	+0.328%	$46K	$259K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0181%	4h	317.81	−0.043%	$52K	$295K	10x	as long as short
MEXC TAO_USDT	+0.0188%	4h	317.54	−0.128%	$104.0M	$152.9M	300x	as long as short
Binance TAOUSDT	+0.0189%	4h	317.51	−0.139%	$92.9M	$533.6M	75x	as long as short
edgeX TAOUSDC	+0.0195%	4h	319.07	+0.354%	$42K	$320K	10x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.007%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0263%	8h	318.40	+0.143%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0278%	4h	317.51	−0.137%	—	$37.4M	—	as long as short
Bybit TAOUSDT	+0.0280%	4h	317.64	−0.096%	$69.8M	$157.1M	50x	as long as short
Bullet TAO-USD	+0.0304%	1h	317.85	−0.030%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	318.44	+0.154%	$374K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0314%	4h	318.68	+0.230%	$542K	$896K	10x	as long as short
Aster TAOUSDT	+0.0350%	4h	317.64	−0.096%	$1.3M	$11.1M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0378%	1h	317.88	−0.020%	$15K	$1.9M	25x	as long as short
Extended TAO-USD	+0.0384%	1h	317.44	−0.161%	$906K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0429%	4h	318.88	+0.294%	$4.7M	$11.0M	100x	as long as short
Phemex TAOUSDT	+0.0449%	4h	317.86	−0.027%	$3.2M	$8.2M	50x	as long as short
Nado TAO-PERP	+0.0473%	1h	318.20	+0.081%	$776K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	318.70	+0.237%	$100K	$384K	5x	as long as short
Variational Omni TAO	+0.0574%	4h	318.65	+0.222%	$5.6M	$10.1M	—	as long as short
Phoenix TAO	+0.0629%	1h	319.30	+0.426%	$321K	$703K	5x	as long as short
Lighter TAO	+0.0648%	1h	318.00	+0.016%	$1.6M	$6.9M	5x	as long as short
Hyperliquid TAO	+0.0686%	1h	317.69	−0.081%	$94.0M	$110.2M	5x	as long as short
01 Exchange TAOUSDshort	+0.0688%	1h	318.63	+0.215%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0698%	1h	317.89	−0.018%	$366	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0722%	1h	317.87	−0.024%	$439K	$981K	10x	as long as short
RISEx TAO/USDC	+0.0831%	1h	318.31	+0.114%	$451K	$661K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0834%	1h	317.92	−0.009%	$6.0M	$21.7M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.64	+0.218%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.413%	$23K	$2K	12x	as long as short