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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0597%/8h= +65.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.175%
Price spread now: Reya against Polymarket Perps+0.034%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Reya is 0.034% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TAO-USD312.320.0100pay 0.0013% / 1h17m 37s$79K$901K5x
ShortReya TAORUSDPERP312.430.0697get 0.0087% / 1h17m 37s$35920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Polymarket Perps. 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
$125.37
Price spread: +0.034% → 0.000%
$3.39
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$114.76
Costs to cover
0.140%
Break-even
0.6 days
Slippage unknown: Polymarket Perps: live order book, 35 min ago; Reya: 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 Polymarket Perps live order book, 35 min ago0.96 bp5.0 bp −$59.4 bp −$94doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TAOUSD−0.0347%1h312.59+0.085%$5.5M$20.7M50xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h312.30−0.006%$20K150xas long as short
dYdX TAO-USD+0.0011%1h313.26+0.302%$125K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h313.36+0.333%$46K$656K20xas long as short
Katana Perps TAO-USD+0.0099%8h313.30+0.314%$641$845K5xas long as short
Pacifica TAO+0.0100%1h313.66+0.429%$357K$416K10xas long as short
Binance TAOUSDT+0.0100%4h313.33+0.323%$89.7M$501.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h313.40+0.346%$26.2M$121.3M50xas long as short
Gate TAO_USDT+0.0100%4h313.10+0.250%$13.3M$50.3M50xas long as short
MEXC TAO_USDT+0.0100%4h313.51+0.381%$102.8M$145.4M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h313.55+0.394%$17.8M$31.2M75xas long as short
Bitget TAOUSDT+0.0100%4h313.15+0.266%$35.1M$56.5M50xas long as short
edgeX TAOUSDC+0.0100%4h311.63−0.221%$41K$314K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h311.55−0.247%$529K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h312.33+0.003%$46K$254K50xas long as short
Polymarket Perps TAO-USDlong+0.0100%1h312.32long leg$79K$901K5x
Bullet TAO-USD+0.0100%1h312.59+0.086%$11K$17K20xas long as short
SunX TAO-USDT+0.0100%4h312.51+0.061%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h312.06−0.083%$110K$542K20xas long as short
Phemex TAOUSDT+0.0100%4h312.77+0.144%$3.1M$8.0M50xas long as short
BingX TAO-USDT+0.0104%4h313.41+0.349%$33.7Mas long as short
Aevo TAO-PERP+0.0104%1h312.72+0.129%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0115%4h312.45+0.042%$52K$290K10xas long as short
Aster TAOUSDT+0.0124%4h313.42+0.354%$1.3M$10.5M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0136% / S +0.0135%1h312.21−0.034%$414K100xas long as short
Paradex TAO-USD-PERP+0.0158%8h313.60+0.411%$14K$1K10xas long as short
Bybit TAOUSDT+0.0161%4h313.42+0.352%$67.6M$150.5M50xas long as short
Arcus TAO-USD+0.0231%1h313.73+0.451%$102K$394K5xas long as short
Variational Omni TAO+0.0308%4h311.97−0.112%$5.5M$10.1Mas long as short
Extended TAO-USD+0.0312%1h313.38+0.340%$914K$2.4M25xas long as short
Nado TAO-PERP+0.0338%1h312.25−0.023%$788K$2.2M10xas long as short
BloFin TAO-USDT+0.0340%4h312.69+0.118%$4.5M$10.8M100xas long as short
Phoenix TAO+0.0457%1h312.30−0.006%$311K$711K5xas long as short
Hyperliquid TAO+0.0473%1h313.88+0.499%$92.2M$107.8M5xas long as short
01 Exchange TAOUSD+0.0488%1h313.74+0.455%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0498%1h313.42+0.352%$311K$885K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0553%1h312.63+0.099%$13K$1.8M25xas long as short
Lighter TAO+0.0616%1h313.86+0.491%$1.5M$6.5M5xas long as short
Reya TAORUSDPERPshort+0.0697%1h312.43+0.034%$35920x
RISEx TAO/USDC+0.0816%1h313.52+0.384%$444K$647K5xas long as short
Bulk TAO-USD+0.0817%1h310.92−0.448%$165K$33310xas long as short
Coinbase International TAO-PERP-INTX+0.0952%1h312.08−0.077%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4092%1h315.24+0.935%$23K$2K12xas long as short