TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0695%/8h= +76.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.161%

Price spread now: Reya against dYdX+0.145%7-day average — · you sell dearer than you buy

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

Long on dYdX 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

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Reya is 0.145% dearer against dYdX than usual: you sell high and buy low: +$14 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	dYdX TAO-USD	317.61	0	get 0.0000% / 1h	32m 35s	$127K	$88K	5x
Short	Reya TAORUSDPERP	318.07	0.0695	get 0.0087% / 1h	32m 35s	$366	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against dYdX. 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 dYdXbpFee ReyabpOrdersPrice spread, now +0.145%Rate

Funding earned: $146.03
Price spread: +0.145% → 0.000%: $14.49
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $144.52
Costs to cover: 0.160%
Break-even: 0.1 days

Slippage unknown: dYdX: live order book, 41 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 dYdX live order book, 41 min ago	40.38 bp	45.4 bp −$45	62.7 bp −$627	151.3 bp −$15.1K	390.6 bp −$195.3K
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	−0.1322%	1h	319.84	+0.701%	$170K	$44K	10x	as long as short
Phemex TAOUSDT	−0.1018%	4h	319.53	+0.604%	$3.4M	$7.9M	50x	as long as short
dYdX TAO-USDlong	0.0000%	1h	317.61	long leg	$127K	$88K	5x
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.58	+0.619%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.52	−0.029%	$41K	$589K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	317.45	−0.050%	$91.5M	$446.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.00	+0.122%	$26.0M	$108.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.40	−0.067%	$12.9M	$50.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.80	+0.059%	$108.0M	$134.4M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.00	+0.437%	$18.2M	$29.1M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	317.91	+0.094%	$35.5M	$50.4M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	319.52	+0.599%	$40K	$293K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	319.79	+0.685%	$58K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.60	+0.626%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	319.96	+0.739%	$128K	$424K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0104%	4h	320.01	+0.754%	$529K	$969K	10x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.82	+0.695%	$176K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0115%	8h	317.51	−0.032%	$1K	$621K	5x	as long as short
Bullet TAO-USD	+0.0172%	1h	319.86	+0.708%	$12K	$17K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0089%	1h	319.58	+0.619%	$464K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	318.05	+0.138%	$377K	$374K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	317.73	+0.037%	$84K	$550K	5x	as long as short
Aster TAOUSDT	+0.0236%	4h	318.78	+0.369%	$1.1M	$8.4M	50x	as long as short
Paradex TAO-USD-PERP	+0.0240%	8h	317.60	−0.004%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0248%	1h	319.74	+0.670%	$18K	$1.6M	25x	as long as short
Polymarket Perps TAO-USD	+0.0325%	1h	318.35	+0.232%	$93K	$638K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.76	+0.676%	$4.5M	$10.9M	100x	as long as short
ApeX Omni TAOUSDT	+0.0344%	1h	319.23	+0.509%	$48K	$266K	50x	as long as short
Variational Omni TAO	+0.0398%	4h	320.33	+0.854%	$5.6M	$8.7M	—	as long as short
BingX TAO-USDT	+0.0428%	4h	317.53	−0.026%	—	$30.5M	—	as long as short
Bybit TAOUSDT	+0.0471%	4h	318.37	+0.238%	$65.4M	$132.8M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0479%	1h	319.74	+0.671%	$5.8M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	320.00	+0.752%	$335K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	322.97	+1.687%	$23K	$678	12x	as long as short
01 Exchange TAOUSD	+0.0656%	1h	317.68	+0.021%	$3K	$4K	5x	as long as short
Reya TAORUSDPERPshort	+0.0695%	1h	318.07	+0.145%	$366	—	20x
Nado TAO-PERP	+0.0795%	1h	317.86	+0.079%	$887K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0902%	1h	319.42	+0.569%	$323K	$819K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	321.32	+1.167%	$1.5M	$6.3M	50x	as long as short
RISEx TAO/USDC	+0.1141%	1h	317.43	−0.057%	$422K	$600K	5x	as long as short
Extended TAO-USD	+0.1144%	1h	317.28	−0.106%	$930K	$2.2M	25x	as long as short
Lighter TAO	+0.1440%	1h	319.38	+0.555%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.2278%	1h	318.61	+0.314%	$102.9M	$90.8M	5x	as long as short