TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0695%/8h= +76.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.207%

Price spread now: Reya against gTrade (Gains Network)+0.120%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Reya

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—+ 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 0.120% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 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	gTrade (Gains Network) TAO/USD	313.11	L +0.0004% / S −0.0003%	pay 0.0000% / 1h	28m 06s	$19K	—	150x
Short	Reya TAORUSDPERP	313.49	0.0698	get 0.0087% / 1h	28m 06s	$361	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ReyabpOrdersPrice spread, now +0.120%Rate

Funding earned: $145.88
Price spread: +0.120% → 0.000%: $12.05
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $141.93
Costs to cover: 0.160%
Break-even: 0.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

gTrade (Gains Network) and 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
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0003%	1h	313.11	long leg	$19K	—	150x
Popdex TAOUSDT	+0.0096%	1h	313.14	+0.010%	$49K	$698K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	313.88	+0.246%	$68.5M	$155.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.80	+0.220%	$26.2M	$128.9M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	315.14	+0.648%	$167K	$0	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.30	+0.061%	$14.9M	$49.7M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.74	+0.201%	$17.4M	$32.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.36	+0.080%	$35.2M	$57.1M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	312.50	−0.194%	$535K	$833K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.73	−0.121%	$45K	$255K	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	313.20	+0.029%	$86K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.95	−0.051%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.20	+0.029%	$115K	$588K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.47	+0.115%	$3.1M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0101%	8h	312.92	−0.061%	$2K	$1.2M	5x	as long as short
Aevo TAO-PERP	+0.0112%	1h	313.14	+0.009%	$172K	$998	3x	as long as short
MEXC TAO_USDT	+0.0128%	4h	313.58	+0.150%	$105.4M	$152.5M	300x	as long as short
Binance TAOUSDT	+0.0131%	4h	313.80	+0.221%	$91.6M	$525.6M	75x	as long as short
edgeX TAOUSDC	+0.0140%	4h	312.92	−0.062%	$41K	$322K	10x	as long as short
dYdX TAO-USD	+0.0193%	1h	312.95	−0.052%	$126K	$86K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0217%	4h	313.73	+0.198%	$53K	$298K	10x	as long as short
Paradex TAO-USD-PERP	+0.0232%	8h	313.30	+0.062%	$14K	$876	10x	as long as short
Bullet TAO-USD	+0.0245%	1h	313.60	+0.156%	$12K	$17K	20x	as long as short
Aster TAOUSDT	+0.0296%	4h	313.57	+0.146%	$1.2M	$11.2M	50x	as long as short
BingX TAO-USDT	+0.0336%	4h	313.53	+0.134%	—	$38.4M	—	as long as short
Extended TAO-USD	+0.0344%	1h	313.80	+0.222%	$887K	$2.3M	25x	as long as short
Pacifica TAO	+0.0349%	1h	313.22	+0.036%	$361K	$445K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0359% / S −0.0107%	1h	313.12	+0.002%	$368K	—	100x	as long as short
BloFin TAO-USDT	+0.0368%	4h	313.54	+0.137%	$4.8M	$10.7M	100x	as long as short
Arcus TAO-USD	+0.0404%	1h	313.43	+0.102%	$99K	$362K	5x	as long as short
Hyperliquid TAO	+0.0476%	1h	313.68	+0.182%	$92.0M	$109.3M	5x	as long as short
Nado TAO-PERP	+0.0492%	1h	313.28	+0.053%	$759K	$2.0M	10x	as long as short
Phoenix TAO	+0.0578%	1h	313.60	+0.156%	$315K	$714K	5x	as long as short
01 Exchange TAOUSD	+0.0584%	1h	313.30	+0.061%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0593%	4h	312.65	−0.146%	$5.5M	$10.1M	—	as long as short
Lighter TAO	+0.0632%	1h	313.77	+0.211%	$1.6M	$6.6M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0673%	1h	313.74	+0.201%	$309K	$1.0M	10x	as long as short
Reya TAORUSDPERPshort	+0.0698%	1h	313.49	+0.120%	$361	—	20x
Deribit TAO_USDC-PERPETUAL	+0.0712%	1h	313.76	+0.208%	$11K	$1.9M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0794%	1h	313.56	+0.145%	$6.0M	$21.3M	50x	as long as short
RISEx TAO/USDC	+0.0840%	1h	313.04	−0.024%	$441K	$689K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	313.79	+0.217%	$1.1M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.3512%	1h	318.23	+1.635%	$23K	$2K	12x	as long as short