TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0324%/8h= −35.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.077%

Price spread now: Polymarket Perps against 01 Exchange+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Polymarket Perps

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

The price spread pays, funding is against you. Polymarket Perps is 0.023% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	303.80	0.0424	pay 0.0053% / 1h	49m 14s	$3K	$4K	5x
Short	Polymarket Perps TAO-USD	303.87	0.0100	get 0.0013% / 1h	49m 14s	$77K	$607K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against 01 Exchange. 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 01 ExchangebpFee Polymarket PerpsbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$68.04
Price spread: +0.023% → 0.000%: $2.3
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$80.74
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 33 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 33 min ago	2.28 bp	6.9 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit

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
Bulk TAO-USD	−0.0466%	1h	307.38	+1.178%	$202K	$17K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	303.70	−0.033%	$124K	$87K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	303.26	−0.177%	$26K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	303.72	−0.026%	$42K	$533K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	303.62	−0.059%	$85.2M	$409.8M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	303.74	−0.020%	$58.9M	$120.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	303.40	−0.132%	$24.4M	$94.3M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	304.17	+0.122%	$79K	$642K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	303.60	−0.066%	$12.1M	$48.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	303.95	+0.049%	$120.9M	$123.8M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	303.55	−0.082%	$18.2M	$26.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	303.41	−0.128%	$34.0M	$45.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	303.39	−0.135%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	305.07	+0.418%	$3.6M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	304.88	+0.357%	$39K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	304.81	+0.333%	$504K	$977K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	306.50	+0.889%	$46K	$269K	50x	as long as short
Polymarket Perps TAO-USDshort	+0.0100%	1h	303.87	+0.023%	$77K	$607K	5x
Bullet TAO-USD	+0.0100%	1h	304.00	+0.066%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	303.44	−0.118%	$58K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	303.40	−0.132%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	303.88	+0.026%	$120K	$355K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	303.85	+0.016%	$3.2M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	303.56	−0.077%	$167K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0112%	8h	303.79	−0.003%	$622	$486K	5x	as long as short
Aster TAOUSDT	+0.0120%	4h	303.75	−0.015%	$1.1M	$7.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0156%	8h	304.57	+0.252%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0164%	1h	304.09	+0.095%	$359K	$370K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	303.41	−0.130%	$433K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0212%	1h	303.54	−0.085%	$22K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	303.61	−0.063%	$4.3M	$9.3M	100x	as long as short
Backpack TAO_USDC_PERP	+0.0368%	1h	304.11	+0.102%	$376K	$756K	10x	as long as short
Lighter TAO	+0.0384%	1h	303.86	+0.019%	$1.7M	$5.2M	5x	as long as short
01 Exchange TAOUSDlong	+0.0424%	1h	303.80	long leg	$3K	$4K	5x
Nado TAO-PERP	+0.0493%	1h	303.81	+0.004%	$828K	$1.9M	10x	as long as short
Phoenix TAO	+0.0521%	1h	307.40	+1.185%	$326K	$491K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	303.96	+0.051%	$350	—	20x	as long as short
Extended TAO-USD	+0.0848%	1h	303.45	−0.115%	$879K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	305.27	+0.484%	$1.5M	$5.6M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1040%	1h	303.64	−0.053%	$5.8M	$19.8M	50x	as long as short
RISEx TAO/USDC	+0.1155%	1h	303.83	+0.011%	$409K	$545K	5x	as long as short
Hyperliquid TAO	+0.1410%	1h	303.89	+0.030%	$93.3M	$79.2M	5x	as long as short
Injective TAO/USDC PERP	+0.1621%	1h	308.73	+1.623%	$22K	$264	12x	as long as short