TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0809%/8h= +88.6% APRnext payment +$1.01 per $10,000 · paid last 24h +0.136%

Price spread now: RISEx against ApeX Omni−0.235%54s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.389% of the position

Long on ApeX Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.457%+$46 on $10k

Price spread, last 4 days (all we have)−0.561%−$56 · spread now −0.235%, 7d avg −0.021%

Together, before fees−0.103%−$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.215% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.021%). If the spread goes back, that is −$21 on $10k: about 21 hours of funding at the current rate (+$24 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TAOUSDT	316.96	0.0349	pay 0.0044% / 1h	4m 26s	$47K	$252K	50x
Short	RISEx TAO/USDC	316.21	0.1159	get 0.0145% / 1h	4m 26s	$436K	$659K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.235%Rate

Funding earned: $169.95
Price spread: −0.235% → −0.021%: −$21.45
Slippage, 4 orders: −$22.93
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $109.56
Costs to cover: 0.389%
Break-even: 2.5 days

Slippage from ApeX Omni: live order book, 57 min ago; RISEx: live order book, 59 min ago.

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, 57 min ago	5.52 bp	12.5 bp −$13	117.8 bp −$1,178	doesn't fit	doesn't fit
Sell RISEx live order book, 59 min ago	3.45 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit

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	−0.0766%	1h	316.69	−0.087%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	316.53	−0.137%	$126K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.96	−0.315%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.05	−0.287%	$41K	$686K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.01	−0.301%	$91.8M	$490.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.70	−0.398%	$26.1M	$119.6M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.20	−0.240%	$13.0M	$50.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	315.89	−0.338%	$104.4M	$144.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.82	−0.360%	$17.6M	$31.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.67	−0.407%	$35.2M	$56.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	316.32	−0.203%	$35K	$303K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	315.88	−0.341%	$88K	$794K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.16	−0.252%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.11	−0.268%	$109K	$529K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.34	−0.197%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0112%	8h	315.95	−0.319%	$673	$778K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0126%	4h	316.15	−0.256%	$57K	$275K	10x	as long as short
Bullet TAO-USD	+0.0129%	1h	315.89	−0.339%	$12K	$18K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0156% / S +0.0113%	1h	315.91	−0.330%	$429K	—	100x	as long as short
Phemex TAOUSDT	+0.0163%	4h	316.53	−0.136%	$3.3M	$8.1M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0178%	4h	317.27	+0.098%	$528K	$965K	10x	as long as short
Paradex TAO-USD-PERP	+0.0234%	8h	316.39	−0.179%	$14K	$1K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0248%	1h	316.30	−0.209%	$5.6M	$20.8M	50x	as long as short
Aster TAOUSDT	+0.0265%	4h	316.69	−0.086%	$1.2M	$10.1M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0283%	1h	316.20	−0.239%	$15K	$1.7M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.31	−0.205%	$4.6M	$10.9M	100x	as long as short
ApeX Omni TAOUSDTlong	+0.0349%	1h	316.96	long leg	$47K	$252K	50x
Bybit TAOUSDT	+0.0367%	4h	315.96	−0.315%	$69.2M	$146.0M	50x	as long as short
BingX TAO-USDT	+0.0386%	4h	316.19	−0.243%	—	$30.4M	—	as long as short
Pacifica TAO	+0.0448%	1h	316.56	−0.126%	$372K	$413K	10x	as long as short
Phoenix TAO	+0.0504%	1h	316.50	−0.145%	$331K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	316.48	−0.151%	$100K	$488K	5x	as long as short
Nado TAO-PERP	+0.0560%	1h	315.75	−0.383%	$824K	$2.2M	10x	as long as short
Extended TAO-USD	+0.0584%	1h	316.01	−0.299%	$927K	$2.4M	25x	as long as short
01 Exchange TAOUSD	+0.0640%	1h	316.26	−0.221%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	315.86	−0.346%	$363	—	20x	as long as short
Lighter TAO	+0.0704%	1h	316.90	−0.018%	$1.6M	$6.4M	5x	as long as short
Variational Omni TAO	+0.0758%	4h	315.94	−0.321%	$5.9M	$9.8M	—	as long as short
Backpack TAO_USDC_PERP	+0.0824%	1h	316.75	−0.066%	$315K	$926K	10x	as long as short
Hyperliquid TAO	+0.0930%	1h	315.93	−0.325%	$95.3M	$104.2M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	317.08	+0.038%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDCshort	+0.1159%	1h	316.21	−0.235%	$436K	$659K	5x
Injective TAO/USDC PERP	+0.4172%	1h	321.62	+1.470%	$23K	$2K	12x	as long as short