TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.165%

Price spread now: Reya against Extended−0.199%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Reya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya is 0.199% cheaper against Extended than usual: you would sell low and buy high (−$20 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	Extended TAO-USD	309.01	0.0744	pay 0.0093% / 1h	9m 20s	$907K	$2.0M	25x
Short	Reya TAORUSDPERP	308.39	0.0694	get 0.0087% / 1h	9m 20s	$355	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.199%Rate

Funding earned: −$10.42
Price spread: −0.199% → 0.000%: −$19.85
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Reya: 3 bp × 2 orders: −$6
Net: −$41.28
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago	0.16 bp	6.5 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
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	−0.0601%	1h	309.73	+0.234%	$203K	$57K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	307.61	−0.452%	$129K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	308.27	−0.239%	$26K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	307.99	−0.329%	$41K	$530K	20x	as long as short
Pacifica TAO	+0.0100%	1h	307.98	−0.331%	$364K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	308.36	−0.209%	$86.4M	$405.2M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	308.59	−0.135%	$60.0M	$119.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	309.00	−0.002%	$25.5M	$93.8M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	308.25	−0.245%	$138K	$603K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	308.10	−0.294%	$12.3M	$48.6M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	308.25	−0.245%	$118.5M	$125.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	307.88	−0.365%	$18.7M	$26.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	308.84	−0.054%	$34.6M	$44.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	308.43	−0.187%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	307.99	−0.330%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	308.08	−0.301%	$40K	$276K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	308.51	−0.161%	$549K	$965K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	307.80	−0.391%	$46K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	308.45	−0.180%	$78K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	308.47	−0.175%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	308.87	−0.044%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	308.12	−0.287%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	308.44	−0.183%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	308.94	−0.022%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	308.60	−0.131%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	308.17	−0.271%	$881	$450K	5x	as long as short
Paradex TAO-USD-PERP	+0.0157%	8h	307.89	−0.362%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0157%	4h	307.84	−0.378%	$1.1M	$7.6M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	308.30	−0.228%	$440K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0231%	1h	308.93	−0.024%	$14K	$1.3M	25x	as long as short
Phoenix TAO	+0.0234%	1h	308.80	−0.067%	$327K	$462K	5x	as long as short
Nado TAO-PERP	+0.0306%	1h	308.29	−0.233%	$852K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	308.69	−0.103%	$4.3M	$9.5M	100x	as long as short
01 Exchange TAOUSD	+0.0536%	1h	308.35	−0.213%	$3K	$4K	5x	as long as short
Reya TAORUSDPERPshort	+0.0694%	1h	308.39	−0.199%	$355	—	20x
Extended TAO-USDlong	+0.0744%	1h	309.01	long leg	$907K	$2.0M	25x
Backpack TAO_USDC_PERP	+0.0935%	1h	308.20	−0.261%	$383K	$754K	10x	as long as short
Lighter TAO	+0.0944%	1h	309.32	+0.102%	$1.7M	$4.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	310.12	+0.360%	$1.5M	$5.4M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1019%	1h	309.22	+0.069%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	308.17	−0.271%	$412K	$542K	5x	as long as short
Hyperliquid TAO	+0.1825%	1h	308.92	−0.028%	$96.6M	$77.4M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.090%	$22K	$271	12x	as long as short