TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0290%/8h= +31.7% APRnext payment +$0.36 per $10,000 · paid last 24h −0.004%

Price spread now: Bullet against ApeX Omni−0.119%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Bullet

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

Funding pays, the price is against you. Bullet is 0.119% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 33 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TAOUSDT	320.35	0.0100	pay 0.0013% / 1h	30m 55s	$45K	$259K	50x
Short	Bullet TAO-USD	319.97	0.0390	get 0.0049% / 1h	30m 55s	$12K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against ApeX Omni. 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 ApeX OmnibpFee BulletbpOrdersPrice spread, now −0.119%Rate

Funding earned: $60.87
Price spread: −0.119% → 0.000%: −$11.86
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: $31.01
Costs to cover: 0.180%
Break-even: 3.4 days

Slippage unknown: ApeX Omni: live order book, 11 min ago; Bullet: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 11 min ago	4.38 bp	11.4 bp −$11	119.4 bp −$1,194	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.1995%	1h	319.47	−0.275%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.09	−0.393%	$127K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	319.23	−0.351%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.86	−0.153%	$42K	$706K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.60	−0.234%	$26.7M	$129.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.40	−0.297%	$14.2M	$51.9M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.76	−0.184%	$17.9M	$32.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.27	−0.337%	$35.9M	$58.4M	50x	as long as short
ApeX Omni TAOUSDTlong	+0.0100%	1h	320.35	long leg	$45K	$259K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	319.74	−0.190%	$100K	$1.2M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	319.40	−0.297%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	319.25	−0.343%	$119K	$590K	20x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	319.76	−0.184%	$1K	$1.0M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0118% / S +0.0149%	1h	319.56	−0.247%	$427K	—	100x	as long as short
Aevo TAO-PERP	+0.0120%	1h	319.75	−0.187%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0121%	4h	319.73	−0.194%	$53K	$292K	10x	as long as short
edgeX TAOUSDC	+0.0161%	4h	320.34	−0.003%	$42K	$318K	10x	as long as short
MEXC TAO_USDT	+0.0164%	4h	319.73	−0.194%	$105.6M	$150.0M	300x	as long as short
Binance TAOUSDT	+0.0169%	4h	319.68	−0.209%	$92.6M	$529.3M	75x	as long as short
Paradex TAO-USD-PERP	+0.0263%	8h	319.60	−0.235%	$14K	$1K	10x	as long as short
Phemex TAOUSDT	+0.0296%	4h	319.74	−0.190%	$3.3M	$8.1M	50x	as long as short
Aster TAOUSDT	+0.0328%	4h	319.69	−0.206%	$1.3M	$10.9M	50x	as long as short
Bybit TAOUSDT	+0.0347%	4h	319.76	−0.184%	$70.0M	$156.1M	50x	as long as short
BingX TAO-USDT	+0.0350%	4h	319.67	−0.212%	—	$34.5M	—	as long as short
Bullet TAO-USDshort	+0.0390%	1h	319.97	−0.119%	$12K	$17K	20x
GRVT TAO_USDT_Perp	+0.0396%	4h	320.22	−0.042%	$545K	$940K	10x	as long as short
BloFin TAO-USDT	+0.0409%	4h	319.67	−0.212%	$4.7M	$11.1M	100x	as long as short
Extended TAO-USD	+0.0464%	1h	319.42	−0.292%	$916K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	319.60	−0.233%	$364K	$423K	10x	as long as short
Variational Omni TAO	+0.0538%	4h	318.75	−0.500%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	319.20	−0.359%	$318K	$709K	5x	as long as short
Nado TAO-PERP	+0.0575%	1h	319.97	−0.119%	$799K	$2.1M	10x	as long as short
Hyperliquid TAO	+0.0622%	1h	319.68	−0.209%	$94.4M	$110.3M	5x	as long as short
01 Exchange TAOUSD	+0.0624%	1h	320.11	−0.075%	$3K	$4K	5x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.09	−0.081%	$103K	$394K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0695%	1h	319.64	−0.222%	$298K	$905K	10x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.77	−0.181%	$368	—	20x	as long as short
Lighter TAO	+0.0784%	1h	319.66	−0.216%	$1.5M	$6.7M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0787%	1h	319.73	−0.194%	$16K	$1.9M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	319.89	−0.144%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	319.75	−0.186%	$458K	$666K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1154%	1h	319.77	−0.180%	$6.0M	$21.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	323.44	+0.965%	$24K	$2K	12x	as long as short