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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0632%/8h= +69.2% APRnext payment +$0.79 per $10,000 · paid last 24h +0.094%
Price spread now: 01 Exchange against Popdex+0.128%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and 01 Exchange is 0.128% dearer against Popdex than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex TAOUSDT313.090.0128pay 0.0016% / 1h25m 52s$51K$668K20x
Short01 Exchange TAOUSD313.490.0760get 0.0095% / 1h25m 52s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Popdex. 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
$132.72
Price spread: +0.128% → 0.000%
$12.78
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$132.1
Costs to cover
0.134%
Break-even
0.0 days
Slippage unknown: Popdex: live order book, 23 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 Popdex live order book, 23 min ago0.96 bp7.4 bp −$768.8 bp −$688doesn'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 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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h312.54−0.177%$20K150xas long as short
dYdX TAO-USD+0.0046%1h312.85−0.077%$125K$85K5xas long as short
Binance TAOUSDT+0.0100%4h312.88−0.068%$89.8M$508.2M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h312.60−0.157%$26.2M$121.8M50xas long as short
Bulk TAO-USD+0.0100%1h313.47+0.122%$167K$33310xas long as short
Gate TAO_USDT+0.0100%4h312.50−0.188%$13.9M$51.1M50xas long as short
MEXC TAO_USDT+0.0100%4h312.74−0.112%$107.4M$145.8M300xas long as short
KuCoin TAOUSDTM+0.0100%4h312.54−0.176%$17.2M$31.4M75xas long as short
Bitget TAOUSDT+0.0100%4h312.41−0.217%$35.2M$57.0M50xas long as short
edgeX TAOUSDC+0.0100%4h314.21+0.359%$42K$314K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps TAO-USD+0.0100%1h312.86−0.073%$89K$920K5xas long as short
SunX TAO-USDT+0.0100%4h312.70−0.125%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h312.24−0.271%$113K$554K20xas long as short
Katana Perps TAO-USD+0.0103%8h313.03−0.019%$641$923K5xas long as short
Aevo TAO-PERP+0.0104%1h312.96−0.042%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0121%4h312.76−0.105%$52K$290K10xas long as short
Popdex TAOUSDTlong+0.0128%1h313.09long leg$51K$668K20x
GMX TAO/USD [WBTC.b-USDC]L +0.0129% / S +0.0140%1h312.56−0.170%$419K100xas long as short
Phemex TAOUSDT+0.0201%4h312.75−0.109%$3.1M$8.0M50xas long as short
Aster TAOUSDT+0.0207%4h312.89−0.064%$1.3M$10.6M50xas long as short
Pacifica TAO+0.0233%1h313.05−0.012%$356K$419K10xas long as short
Paradex TAO-USD-PERP+0.0267%8h312.97−0.039%$14K$1K10xas long as short
Nado TAO-PERP+0.0275%1h312.93−0.050%$771K$2.2M10xas long as short
Kraken Futures PF_TAOUSD+0.0304%1h313.05−0.013%$5.9M$21.4M50xas long as short
Bullet TAO-USD+0.0323%1h312.97−0.038%$12K$17K20xas long as short
BloFin TAO-USDT+0.0340%4h313.29+0.064%$4.6M$10.9M100xas long as short
GRVT TAO_USDT_Perp+0.0348%4h314.02+0.296%$533K$923K10xas long as short
ApeX Omni TAOUSDT+0.0400%1h314.32+0.393%$44K$256K50xas long as short
Bybit TAOUSDT+0.0420%4h312.68−0.131%$67.9M$152.4M50xas long as short
BingX TAO-USDT+0.0430%4h313.04−0.016%$33.7Mas long as short
Variational Omni TAO+0.0439%4h313.02−0.023%$5.5M$10.1Mas long as short
Extended TAO-USD+0.0472%1h312.71−0.121%$896K$2.4M25xas long as short
Arcus TAO-USD+0.0483%1h313.39+0.096%$101K$345K5xas long as short
Phoenix TAO+0.0513%1h314.20+0.355%$313K$713K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0592%1h312.77−0.101%$15K$1.8M25xas long as short
Reya TAORUSDPERP+0.0697%1h313.03−0.020%$36020xas long as short
01 Exchange TAOUSDshort+0.0760%1h313.49+0.128%$3K$4K5x
Lighter TAO+0.0768%1h313.13+0.013%$1.5M$6.6M5xas long as short
Hyperliquid TAO+0.0797%1h312.91−0.057%$91.4M$109.0M5xas long as short
Backpack TAO_USDC_PERP+0.0808%1h312.84−0.080%$311K$890K10xas long as short
Coinbase International TAO-PERP-INTX+0.0928%1h313.93+0.268%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.0948%1h313.15+0.019%$454K$649K5xas long as short
Injective TAO/USDC PERP+0.3711%1h319.48+2.041%$23K$2K12xas long as short