TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.3252%/8h= +356.1% APRnext payment +$4.06 per $10,000 · paid last 24h +0.523%

Price spread now: Injective against Extended+0.172%80s7-day average — · you sell dearer than you buy

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

Long on Extended Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+3.265%+$327 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$98 a day on $10k at the current rate, and Injective is 0.172% dearer against Extended 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). The two prices were read 80 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	Extended TAO-USD	319.14	0.0920	pay 0.0115% / 1h	39m 49s	$937K	$2.3M	25x
Short	Injective TAO/USDC PERP	319.69	0.4172	get 0.0521% / 1h	39m 49s	$23K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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 ExtendedbpFee InjectivebpOrdersPrice spread, now +0.172%Rate

Funding earned: $682.89
Price spread: +0.172% → 0.000%: $17.24
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $695.11
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 4 min ago; Injective: 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 Extended live order book, 4 min ago	2.98 bp	7.0 bp −$7	9.9 bp −$99	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.830%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	320.00	+0.270%	$128K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.71	+0.179%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.71	+0.492%	$44K	$654K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.27	+0.041%	$92.5M	$472.3M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.00	−0.044%	$26.4M	$116.6M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.80	−0.106%	$13.0M	$49.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	319.05	−0.028%	$106.6M	$139.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	320.11	+0.304%	$18.1M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.87	−0.085%	$35.6M	$53.9M	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	318.60	−0.170%	$36K	$300K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.42	+0.401%	$74K	$764K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.92	+0.244%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.49	+0.423%	$131K	$478K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	320.16	+0.320%	$3.4M	$7.8M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0101%	4h	320.18	+0.326%	$58K	$282K	10x	as long as short
Aevo TAO-PERP	+0.0104%	1h	320.26	+0.349%	$176K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0115%	8h	320.65	+0.473%	$681	$754K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0163% / S +0.0106%	1h	319.68	+0.171%	$434K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0224%	4h	318.95	−0.059%	$526K	$955K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0245%	1h	320.19	+0.328%	$5.6M	$20.5M	50x	as long as short
Bullet TAO-USD	+0.0300%	1h	320.04	+0.282%	$12K	$18K	20x	as long as short
Aster TAOUSDT	+0.0330%	4h	319.93	+0.247%	$1.2M	$9.3M	50x	as long as short
Paradex TAO-USD-PERP	+0.0331%	8h	320.76	+0.507%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	320.59	+0.454%	$4.5M	$10.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0343%	1h	319.91	+0.240%	$17K	$1.6M	25x	as long as short
Pacifica TAO	+0.0448%	1h	320.39	+0.393%	$378K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	318.90	−0.075%	$333K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	321.05	+0.599%	$101K	$489K	5x	as long as short
Nado TAO-PERP	+0.0527%	1h	320.35	+0.378%	$773K	$2.1M	10x	as long as short
BingX TAO-USDT	+0.0642%	4h	319.06	−0.025%	—	$30.3M	—	as long as short
Bybit TAOUSDT	+0.0648%	4h	319.05	−0.028%	$68.0M	$140.1M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	320.07	+0.290%	$368	—	20x	as long as short
01 Exchange TAOUSD	+0.0784%	1h	321.39	+0.705%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0878%	4h	320.22	+0.338%	$5.9M	$9.7M	—	as long as short
ApeX Omni TAOUSDT	+0.0883%	1h	318.78	−0.113%	$47K	$253K	50x	as long as short
Lighter TAO	+0.0904%	1h	319.41	+0.084%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USDlong	+0.0920%	1h	319.14	long leg	$937K	$2.3M	25x
Backpack TAO_USDC_PERP	+0.1005%	1h	320.57	+0.448%	$441K	$860K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	320.58	+0.451%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	320.74	+0.500%	$455K	$627K	5x	as long as short
Hyperliquid TAO	+0.1388%	1h	319.38	+0.076%	$100.3M	$98.4M	5x	as long as short
Injective TAO/USDC PERPshort	+0.4172%	1h	319.69	+0.172%	$23K	$2K	12x