TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0561%/8h= +61.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.027%

Price spread now: 01 Exchange against GMX+0.237%7-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 +$17 a day on $10k at the current rate, and 01 Exchange is 0.237% dearer against GMX than usual: you sell high and buy low: +$24 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	GMX TAO/USD [WBTC.b-USDC]	316.47	L +0.0111% / S +0.0158%	pay 0.0014% / 1h	55m 56s	$418K	—	100x
Short	01 Exchange TAOUSD	317.22	0.0672	get 0.0084% / 1h	55m 56s	$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 +0.237%Rate

Funding earned: $117.84
Price spread: +0.237% → 0.000%: $23.67
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: $122.52
Costs to cover: 0.190%
Break-even: from the start

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
dYdX TAO-USD	0.0000%	1h	316.73	+0.082%	$126K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	316.51	+0.013%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.97	+0.158%	$43K	$707K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.70	+0.072%	$26.5M	$129.4M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	317.85	+0.435%	$169K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.60	+0.041%	$14.3M	$50.8M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.76	+0.091%	$17.7M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.52	+0.016%	$35.6M	$58.0M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	317.02	+0.174%	$46K	$260K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	316.77	+0.095%	$84K	$1.2M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	316.71	+0.076%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.35	−0.038%	$115K	$603K	20x	as long as short
Katana Perps TAO-USD	+0.0107%	8h	316.91	+0.139%	$719	$1.1M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]long	L +0.0111% / S +0.0158%	1h	316.47	long leg	$418K	—	100x
Aevo TAO-PERP	+0.0120%	1h	317.00	+0.167%	$174K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0135%	4h	316.72	+0.079%	$53K	$293K	10x	as long as short
Binance TAOUSDT	+0.0165%	4h	316.91	+0.139%	$92.0M	$528.9M	75x	as long as short
MEXC TAO_USDT	+0.0168%	4h	316.95	+0.151%	$107.2M	$150.4M	300x	as long as short
edgeX TAOUSDC	+0.0169%	4h	317.60	+0.357%	$42K	$317K	10x	as long as short
Paradex TAO-USD-PERP	+0.0226%	8h	316.98	+0.161%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0242%	4h	316.86	+0.123%	—	$36.9M	—	as long as short
Bybit TAOUSDT	+0.0244%	4h	316.95	+0.151%	$69.4M	$156.2M	50x	as long as short
Bullet TAO-USD	+0.0261%	1h	316.91	+0.139%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	317.00	+0.166%	$360K	$427K	10x	as long as short
Extended TAO-USD	+0.0320%	1h	316.75	+0.087%	$904K	$2.4M	25x	as long as short
GRVT TAO_USDT_Perp	+0.0328%	4h	317.36	+0.280%	$541K	$926K	10x	as long as short
Aster TAOUSDT	+0.0328%	4h	316.86	+0.123%	$1.3M	$11.0M	50x	as long as short
BloFin TAO-USDT	+0.0408%	4h	317.28	+0.256%	$4.7M	$10.9M	100x	as long as short
Lighter TAO	+0.0440%	1h	316.92	+0.140%	$1.6M	$6.8M	5x	as long as short
Arcus TAO-USD	+0.0473%	1h	317.23	+0.240%	$102K	$389K	5x	as long as short
Nado TAO-PERP	+0.0479%	1h	316.91	+0.138%	$785K	$2.0M	10x	as long as short
Variational Omni TAO	+0.0502%	4h	317.43	+0.303%	$5.6M	$10.2M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0516%	1h	316.77	+0.093%	$15K	$2.0M	25x	as long as short
Phoenix TAO	+0.0567%	1h	318.10	+0.515%	$317K	$703K	5x	as long as short
Hyperliquid TAO	+0.0569%	1h	317.02	+0.174%	$93.8M	$110.1M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0574%	1h	316.88	+0.129%	$295K	$905K	10x	as long as short
Phemex TAOUSDT	+0.0607%	4h	316.65	+0.057%	$3.2M	$8.2M	50x	as long as short
01 Exchange TAOUSDshort	+0.0672%	1h	317.22	+0.237%	$3K	$4K	5x
Reya TAORUSDPERP	+0.0698%	1h	316.74	+0.086%	$364	—	20x	as long as short
RISEx TAO/USDC	+0.0831%	1h	316.89	+0.132%	$437K	$677K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0836%	1h	316.86	+0.124%	$5.9M	$21.7M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.06	+0.502%	$1.5M	$6.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	320.67	+1.327%	$23K	$2K	12x	as long as short