TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.157%

Price spread now: 01 Exchange against Coinbase International−0.208%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 −$14 a day on $10k at the current rate, and 01 Exchange is 0.208% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 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	Coinbase International TAO-PERP-INTX	312.01	0.0952	pay 0.0119% / 1h	1m 44s	$1.5M	$6.7M	50x
Short	01 Exchange TAOUSD	311.36	0.0496	get 0.0062% / 1h	1m 44s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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 Coinbase InternationalbpFee 01 ExchangebpOrdersPrice spread, now −0.208%Rate

Funding earned: −$95.76
Price spread: −0.208% → 0.000%: −$20.83
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$133.59
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; 01 Exchange: 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 Coinbase International live order book, 2 min ago	8.50 bp	13.5 bp −$14	21.1 bp −$211	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Kraken Futures PF_TAOUSD	−0.0349%	1h	310.93	−0.347%	$5.5M	$20.7M	50x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	310.73	−0.410%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0023%	1h	310.54	−0.470%	$124K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	310.84	−0.375%	$48K	$662K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	310.80	−0.388%	$1K	$864K	5x	as long as short
Pacifica TAO	+0.0100%	1h	310.78	−0.396%	$354K	$416K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	310.77	−0.396%	$88.7M	$503.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	311.10	−0.292%	$25.9M	$120.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	310.50	−0.484%	$13.3M	$50.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	311.15	−0.276%	$103.1M	$145.9M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	310.69	−0.423%	$17.4M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	310.30	−0.548%	$34.9M	$56.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	312.13	+0.038%	$41K	$314K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.06	+0.016%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	310.87	−0.365%	$81K	$905K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.04	−0.312%	$12K	$17K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	310.68	−0.426%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.89	−0.679%	$110K	$542K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	311.07	−0.301%	$171K	$998	3x	as long as short
Aster TAOUSDT	+0.0110%	4h	310.82	−0.383%	$1.3M	$10.5M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0114%	4h	311.90	−0.035%	$530K	$942K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0115%	4h	310.92	−0.349%	$51K	$290K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0134% / S +0.0137%	1h	310.66	−0.433%	$413K	—	100x	as long as short
Phemex TAOUSDT	+0.0150%	4h	311.00	−0.324%	$3.1M	$8.0M	50x	as long as short
Paradex TAO-USD-PERP	+0.0176%	8h	310.67	−0.430%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0231%	1h	311.23	−0.250%	$100K	$370K	5x	as long as short
Bulk TAO-USD	+0.0253%	1h	311.89	−0.039%	$166K	$333	10x	as long as short
Bybit TAOUSDT	+0.0282%	4h	311.18	−0.266%	$67.3M	$151.0M	50x	as long as short
BingX TAO-USDT	+0.0304%	4h	310.89	−0.359%	—	$33.8M	—	as long as short
Nado TAO-PERP	+0.0310%	1h	311.10	−0.292%	$785K	$2.2M	10x	as long as short
Extended TAO-USD	+0.0312%	1h	310.60	−0.453%	$907K	$2.4M	25x	as long as short
Variational Omni TAO	+0.0338%	4h	312.45	+0.141%	$5.5M	$10.1M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	310.93	−0.346%	$4.5M	$10.7M	100x	as long as short
Phoenix TAO	+0.0457%	1h	312.40	+0.125%	$311K	$711K	5x	as long as short
Hyperliquid TAO	+0.0459%	1h	310.66	−0.433%	$91.0M	$108.2M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0478%	1h	310.84	−0.375%	$309K	$885K	10x	as long as short
01 Exchange TAOUSDshort	+0.0496%	1h	311.36	−0.208%	$3K	$4K	5x
Deribit TAO_USDC-PERPETUAL	+0.0509%	1h	311.01	−0.320%	$12K	$1.8M	25x	as long as short
Lighter TAO	+0.0592%	1h	310.97	−0.333%	$1.5M	$6.6M	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	311.05	−0.307%	$358	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	311.01	−0.320%	$441K	$648K	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0952%	1h	312.01	long leg	$1.5M	$6.7M	50x
Injective TAO/USDC PERP	+0.4092%	1h	315.73	+1.192%	$23K	$2K	12x	as long as short