TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0594%/8h= +65.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.177%

Price spread now: Reya against ApeX Omni−0.500%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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.500% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.500% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 2.8 days of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TAOUSDT	309.59	0.0100	pay 0.0013% / 1h	5m 26s	$46K	$268K	50x
Short	Reya TAORUSDPERP	308.04	0.0694	get 0.0087% / 1h	5m 26s	$354	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.500%Rate

Funding earned: $124.82
Price spread: −0.500% → 0.000%: −$49.95
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $58.87
Costs to cover: 0.160%
Break-even: 3.7 days

Slippage unknown: ApeX Omni: live order book, 17 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 17 min ago	4.86 bp	13.2 bp −$13	120.4 bp −$1,204	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.0601%	1h	309.73	+0.045%	$203K	$57K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	308.01	−0.510%	$129K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	307.84	−0.565%	$26K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	308.20	−0.449%	$43K	$531K	20x	as long as short
Pacifica TAO	+0.0100%	1h	308.45	−0.367%	$364K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	308.08	−0.487%	$86.4M	$405.9M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	308.08	−0.488%	$59.9M	$119.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	308.10	−0.481%	$25.4M	$93.7M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	308.62	−0.313%	$138K	$584K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	307.90	−0.546%	$12.3M	$48.8M	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	308.04	−0.501%	$118.9M	$126.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	307.94	−0.533%	$18.8M	$26.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	307.94	−0.533%	$34.4M	$44.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	308.02	−0.507%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	308.45	−0.368%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	308.32	−0.409%	$40K	$277K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	309.18	−0.133%	$550K	$965K	10x	as long as short
ApeX Omni TAOUSDTlong	+0.0100%	1h	309.59	long leg	$46K	$268K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	308.14	−0.468%	$78K	$662K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	308.11	−0.479%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	307.95	−0.530%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	307.94	−0.533%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	308.58	−0.326%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	308.93	−0.213%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	308.15	−0.465%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	308.29	−0.420%	$2K	$461K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0111%	1h	308.02	−0.506%	$11K	$1.3M	25x	as long as short
Aster TAOUSDT	+0.0156%	4h	308.06	−0.494%	$1.1M	$7.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0159%	8h	308.24	−0.436%	$14K	$1K	10x	as long as short
Phoenix TAO	+0.0234%	1h	309.10	−0.158%	$327K	$462K	5x	as long as short
Nado TAO-PERP	+0.0304%	1h	308.13	−0.473%	$850K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	309.54	−0.016%	$4.3M	$9.5M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0485% / S −0.0184%	1h	307.80	−0.578%	$452K	—	100x	as long as short
01 Exchange TAOUSD	+0.0544%	1h	308.65	−0.304%	$3K	$4K	5x	as long as short
Reya TAORUSDPERPshort	+0.0694%	1h	308.04	−0.500%	$354	—	20x
Extended TAO-USD	+0.0768%	1h	308.22	−0.444%	$907K	$2.0M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0901%	1h	308.63	−0.310%	$384K	$754K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	311.63	+0.659%	$1.5M	$5.5M	50x	as long as short
Lighter TAO	+0.0976%	1h	308.63	−0.310%	$1.7M	$4.8M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1022%	1h	308.54	−0.339%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	308.39	−0.389%	$412K	$542K	5x	as long as short
Hyperliquid TAO	+0.1855%	1h	308.72	−0.281%	$96.7M	$77.6M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.278%	$22K	$271	12x	as long as short