TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1137%/8h= +124.5% APRnext payment +$1.42 per $10,000 · paid last 24h +0.141%

Price spread now: RISEx against gTrade (Gains Network)−0.078%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on RISEx

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—needs both histories

Funding pays, the price is against you. RISEx is 0.078% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$34 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TAO/USD	319.64	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	50m 49s	$21K	—	150x
Short	RISEx TAO/USDC	319.39	0.1141	get 0.0143% / 1h	50m 49s	$422K	$586K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.078%Rate

Funding earned: $238.68
Price spread: −0.078% → 0.000%: −$7.85
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $214.83
Costs to cover: 0.160%
Break-even: 0.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; RISEx: live order book, 23 min ago. 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 RISEx live order book, 23 min ago	0.48 bp	3.5 bp −$4	26.4 bp −$264	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.1799%	1h	311.96	−2.404%	$167K	$44K	10x	as long as short
Phemex TAOUSDT	−0.0839%	4h	318.72	−0.289%	$3.4M	$7.9M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	320.40	+0.237%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	319.64	long leg	$21K	—	150x
Deribit TAO_USDC-PERPETUAL	+0.0069%	1h	319.10	−0.170%	$22K	$1.5M	25x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.80	+0.049%	$42K	$578K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	319.79	+0.046%	$654	$594K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.02	−0.195%	$91.8M	$440.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.10	−0.170%	$25.9M	$106.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.90	−0.233%	$12.9M	$49.7M	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	319.07	−0.180%	$105.4M	$131.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.04	−0.189%	$19.0M	$28.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.29	−0.111%	$35.7M	$48.9M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	318.79	−0.266%	$36K	$288K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	318.51	−0.355%	$48K	$268K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	319.40	−0.076%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.00	−0.201%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.61	−0.323%	$127K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.61	−0.011%	$176K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0168%	4h	320.12	+0.149%	$532K	$945K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0085%	1h	319.60	−0.014%	$462K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	320.52	+0.273%	$379K	$371K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.66	+0.005%	$84K	$545K	5x	as long as short
Aster TAOUSDT	+0.0222%	4h	319.19	−0.142%	$1.1M	$8.1M	50x	as long as short
Paradex TAO-USD-PERP	+0.0226%	8h	320.04	+0.124%	$15K	$1K	10x	as long as short
Bullet TAO-USD	+0.0274%	1h	319.96	+0.099%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0305%	4h	320.13	+0.151%	$5.5M	$8.6M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.32	−0.101%	$4.4M	$10.9M	100x	as long as short
Polymarket Perps TAO-USD	+0.0345%	1h	320.58	+0.293%	$100K	$634K	5x	as long as short
BingX TAO-USDT	+0.0378%	4h	319.13	−0.161%	—	$30.7M	—	as long as short
Kraken Futures PF_TAOUSD	+0.0481%	1h	318.87	−0.241%	$5.8M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	321.00	+0.424%	$336K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	320.58	+0.293%	$23K	$495	12x	as long as short
Bybit TAOUSDT	+0.0636%	4h	319.46	−0.058%	$65.8M	$130.2M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	320.52	+0.273%	$369	—	20x	as long as short
Nado TAO-PERP	+0.0762%	1h	320.36	+0.222%	$892K	$2.0M	10x	as long as short
01 Exchange TAOUSD	+0.0832%	1h	320.08	+0.136%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	321.35	+0.534%	$1.5M	$6.1M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1022%	1h	319.03	−0.192%	$318K	$820K	10x	as long as short
Extended TAO-USD	+0.1048%	1h	319.04	−0.190%	$933K	$2.2M	25x	as long as short
RISEx TAO/USDCshort	+0.1141%	1h	319.39	−0.078%	$422K	$586K	5x
Lighter TAO	+0.1784%	1h	319.51	−0.041%	$1.7M	$5.9M	5x	as long as short
Hyperliquid TAO	+0.2902%	1h	320.10	+0.143%	$104.7M	$88.6M	5x	as long as short