TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0719%/8h= +78.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.235%

Price spread now: Coinbase International against Bullet+0.165%7-day average — · you sell dearer than you buy

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

Long on Bullet Short on Coinbase International

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 for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 0.165% dearer against Bullet than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet TAO-USD	320.71	0.0305	pay 0.0038% / 1h	37m 10s	$12K	$18K	20x
Short	Coinbase International TAO-PERP-INTX	321.24	0.1024	get 0.0128% / 1h	37m 10s	$1.5M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bullet. 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 BulletbpFee Coinbase InternationalbpOrdersPrice spread, now +0.165%Rate

Funding earned: $150.94
Price spread: +0.165% → 0.000%: $16.53
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $149.47
Costs to cover: 0.180%
Break-even: 0.1 days

Slippage unknown: Bullet: no order-book sample; Coinbase International: live order book, 2 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 Bullet no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 2 min ago	10.30 bp	17.1 bp −$17	20.3 bp −$203	doesn't fit	doesn't fit

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	−0.3652%	1h	316.49	−1.316%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.87	−0.262%	$128K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	320.43	−0.088%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.74	+0.009%	$45K	$657K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	321.32	+0.191%	$93.1M	$473.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	321.30	+0.184%	$26.4M	$117.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.90	+0.059%	$13.1M	$49.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	321.25	+0.168%	$109.6M	$139.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	320.82	+0.034%	$18.1M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	321.06	+0.109%	$35.8M	$54.0M	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	319.73	−0.305%	$36K	$300K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.70	−0.003%	$88K	$789K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	320.64	−0.022%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.50	−0.065%	$130K	$479K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	321.10	+0.122%	$3.5M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	321.02	+0.098%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0106%	4h	320.91	+0.062%	$58K	$281K	10x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	320.61	−0.031%	$681	$759K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0163% / S +0.0106%	1h	320.42	−0.091%	$435K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0238%	4h	319.35	−0.425%	$531K	$957K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0245%	1h	320.86	+0.046%	$5.7M	$20.5M	50x	as long as short
Bullet TAO-USDlong	+0.0305%	1h	320.71	long leg	$12K	$18K	20x
Paradex TAO-USD-PERP	+0.0322%	8h	320.56	−0.047%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0335%	4h	320.83	+0.039%	$1.2M	$9.3M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	321.38	+0.209%	$4.5M	$10.7M	100x	as long as short
Pacifica TAO	+0.0448%	1h	320.40	−0.096%	$378K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	320.50	−0.065%	$335K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	320.95	+0.075%	$101K	$489K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0513%	1h	320.89	+0.056%	$17K	$1.6M	25x	as long as short
Nado TAO-PERP	+0.0545%	1h	320.89	+0.057%	$778K	$2.1M	10x	as long as short
BingX TAO-USDT	+0.0608%	4h	321.25	+0.168%	—	$30.3M	—	as long as short
Bybit TAOUSDT	+0.0613%	4h	321.32	+0.190%	$68.6M	$140.6M	50x	as long as short
ApeX Omni TAOUSDT	+0.0686%	1h	319.20	−0.471%	$47K	$254K	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	320.79	+0.024%	$369	—	20x	as long as short
01 Exchange TAOUSD	+0.0776%	1h	320.82	+0.034%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0878%	4h	320.22	−0.154%	$5.9M	$9.7M	—	as long as short
Lighter TAO	+0.0888%	1h	321.24	+0.167%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USD	+0.0912%	1h	320.74	+0.008%	$939K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.1015%	1h	321.59	+0.274%	$442K	$860K	10x	as long as short
Coinbase International TAO-PERP-INTXshort	+0.1024%	1h	321.24	+0.165%	$1.5M	$6.6M	50x
RISEx TAO/USDC	+0.1159%	1h	320.76	+0.015%	$456K	$628K	5x	as long as short
Hyperliquid TAO	+0.1378%	1h	321.49	+0.243%	$101.0M	$98.6M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	+0.829%	$24K	$2K	12x	as long as short