Settings8H · net · $10k
Funding arb · Price arb /

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h −0.124%
Price spread now: 01 Exchange against Hyperliquid+0.387%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.387% dearer against Hyperliquid than usual: you sell high and buy low, +$39 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TAO317.630.0785pay 0.0098% / 1h17m 53s$95.8M$108.3M5x
Short01 Exchange TAOUSD318.860.0776get 0.0097% / 1h17m 53s$3K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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

Funding earned
−$1.85
Price spread: +0.387% → 0.000%
$38.72
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$20.87
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.47 bp7.4 bp −$7doesn't fitdoesn't fitdoesn'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 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1080%1h318.61+0.309%$169K$010xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h317.21−0.132%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h318.45+0.258%$51K$633K20xas long as short
Bybit TAOUSDT+0.0100%4h317.78+0.047%$69.7M$155.5M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.80+0.054%$26.9M$129.4M50xas long as short
Gate TAO_USDT+0.0100%4h317.30−0.104%$15.6M$49.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h317.43−0.063%$17.6M$31.8M75xas long as short
Bitget TAOUSDT+0.0100%4h317.24−0.123%$36.0M$56.8M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h318.37+0.233%$45K$256K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h318.09+0.145%$81K$1.1M5xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h317.82+0.060%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h317.88+0.079%$117K$557K20xas long as short
Phemex TAOUSDT+0.0100%4h317.55−0.025%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0105%8h318.24+0.192%$1K$1.3M5xas long as short
Aevo TAO-PERP+0.0112%1h318.07+0.140%$175K$9983xas long as short
MEXC TAO_USDT+0.0132%4h317.46−0.054%$110.7M$151.9M300xas long as short
BingX TAO-USDT+0.0132%4h317.61−0.006%$39.0Mas long as short
Binance TAOUSDT+0.0132%4h317.69+0.020%$93.3M$516.0M75xas long as short
edgeX TAOUSDC+0.0132%4h318.43+0.253%$42K$324K10xas long as short
Paradex TAO-USD-PERP+0.0186%8h318.21+0.183%$14K$87610xas long as short
Extended TAO-USD+0.0232%1h317.40−0.071%$961K$2.1M25xas long as short
Orderly PERP_TAO_USDC+0.0251%4h318.02+0.123%$53K$262K10xas long as short
GRVT TAO_USDT_Perp+0.0256%4h318.62+0.313%$541K$814K10xas long as short
Pacifica TAO+0.0301%1h318.30+0.211%$372K$448K10xas long as short
Aster TAOUSDT+0.0304%4h317.52−0.035%$1.2M$11.3M50xas long as short
Lighter TAO+0.0360%1h317.62−0.004%$1.6M$6.7M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0361% / S −0.0107%1h317.19−0.140%$373K100xas long as short
Arcus TAO-USD+0.0364%1h318.58+0.299%$100K$325K5xas long as short
BloFin TAO-USDT+0.0372%4h317.79+0.050%$4.9M$10.5M100xas long as short
Bullet TAO-USD+0.0388%1h318.34+0.223%$12K$17K20xas long as short
Variational Omni TAO+0.0410%4h318.32+0.217%$5.7M$9.8Mas long as short
Nado TAO-PERP+0.0444%1h318.54+0.286%$709K$2.0M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0510%1h317.93+0.094%$14K$1.9M25xas long as short
Phoenix TAO+0.0567%1h319.00+0.431%$321K$712K5xas long as short
dYdX TAO-USD+0.0633%1h318.03+0.126%$268K$235K5xas long as short
Backpack TAO_USDC_PERP+0.0663%1h317.46−0.054%$297K$1.1M10xas long as short
Kraken Futures PF_TAOUSD+0.0683%1h318.05+0.131%$6.2M$19.7M50xas long as short
Reya TAORUSDPERP+0.0699%1h318.30+0.211%$36620xas long as short
RISEx TAO/USDC+0.0701%1h318.24+0.193%$440K$704K5xas long as short
01 Exchange TAOUSDshort+0.0776%1h318.86+0.387%$3K$2K5x
Hyperliquid TAOlong+0.0785%1h317.63long leg$95.8M$108.3M5x
Coinbase International TAO-PERP-INTX+0.0832%1h318.47+0.264%$1.1M$7.7M50xas long as short
Injective TAO/USDC PERP+0.3320%1h322.26+1.458%$23K$2K12xas long as short