TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0712%/8h= −78.0% APRnext payment −$0.89 per $10,000 · paid last 24h −0.079%

Price spread now: Popdex against 01 Exchange−0.054%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Popdex

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 against this trade now: funding costs −$21 a day on $10k at the current rate, and Popdex is 0.054% cheaper against 01 Exchange than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	314.11	0.0808	pay 0.0101% / 1h	44m 41s	$3K	$4K	5x
Short	Popdex TAOUSDT	313.94	0.0096	get 0.0012% / 1h	44m 41s	$40K	$550K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.054%Rate

Funding earned: −$149.52
Price spread: −0.054% → 0.000%: −$5.41
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$168.33
Costs to cover: 0.134%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Popdex: live order book, 34 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 Popdex live order book, 34 min ago	3.43 bp	10.5 bp −$11	84.7 bp −$847	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	−0.4722%	1h	314.01	−0.031%	$168K	$48K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	312.82	−0.411%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	312.55	−0.498%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.39	+0.089%	$23K	$260	12x	as long as short
Popdex TAOUSDTshort	+0.0096%	1h	313.94	−0.054%	$40K	$550K	20x
Pacifica TAO	+0.0100%	1h	313.41	−0.224%	$371K	$372K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.58	−0.169%	$88.8M	$423.7M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	313.50	−0.194%	$61.4M	$123.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.30	−0.258%	$25.1M	$100.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.10	−0.322%	$12.7M	$49.1M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	313.40	−0.226%	$119.9M	$127.4M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.10	−0.322%	$19.0M	$27.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.12	−0.315%	$35.0M	$46.3M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	313.36	−0.239%	—	$30.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.65	−0.148%	$41K	$280K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.17	+0.020%	$519K	$950K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	312.82	−0.411%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.67	−0.458%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.92	−0.379%	$128K	$394K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	312.93	−0.376%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.93	−0.376%	$172K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	313.74	−0.118%	$830	$539K	5x	as long as short
Polymarket Perps TAO-USD	+0.0137%	1h	312.93	−0.376%	$77K	$522K	5x	as long as short
Bullet TAO-USD	+0.0150%	1h	312.91	−0.383%	$11K	$17K	20x	as long as short
Arcus TAO-USD	+0.0186%	1h	313.79	−0.102%	$83K	$626K	5x	as long as short
Variational Omni TAO	+0.0188%	4h	313.49	−0.199%	$3.9M	$7.0M	—	as long as short
Paradex TAO-USD-PERP	+0.0189%	8h	313.40	−0.227%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0205%	4h	313.28	−0.265%	$1.1M	$7.8M	50x	as long as short
ApeX Omni TAOUSDT	+0.0212%	1h	314.14	+0.010%	$47K	$270K	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	312.23	−0.599%	$4.3M	$9.8M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0449%	1h	312.84	−0.406%	$5.8M	$19.8M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0473%	1h	312.86	−0.397%	$18K	$1.4M	25x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0475% / S −0.0175%	1h	312.57	−0.490%	$448K	—	100x	as long as short
Nado TAO-PERP	+0.0532%	1h	312.99	−0.357%	$833K	$2.0M	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.60	−0.481%	$327K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0575%	1h	313.50	−0.194%	$301K	$799K	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	312.79	−0.422%	$360	—	20x	as long as short
01 Exchange TAOUSDlong	+0.0808%	1h	314.11	long leg	$3K	$4K	5x
Extended TAO-USD	+0.0872%	1h	313.31	−0.256%	$864K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	313.29	−0.261%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDC	+0.1238%	1h	313.89	−0.071%	$432K	$536K	5x	as long as short
Lighter TAO	+0.1472%	1h	313.60	−0.162%	$1.6M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2107%	1h	313.76	−0.111%	$98.3M	$82.9M	5x	as long as short