TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.006%

Price spread now: 01 Exchange against Kraken Futures+0.049%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on 01 Exchange

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—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.049% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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	Kraken Futures PF_TAOUSD	318.05	0.0683	pay 0.0085% / 1h	17m 30s	$6.2M	$19.7M	50x
Short	01 Exchange TAOUSD	318.20	0.0776	get 0.0097% / 1h	17m 30s	$3K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now +0.049%Rate

Funding earned: $19.48
Price spread: +0.049% → 0.000%: $4.85
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $7.33
Costs to cover: 0.170%
Break-even: 4.4 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; 01 Exchange: 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 Kraken Futures live order book, 5 min ago	2.98 bp	11.3 bp −$11	25.6 bp −$256	122.0 bp −$12.2K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 exchanges

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/USD	L +0.0004% / S −0.0003%	1h	317.21	−0.262%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.97	−0.024%	$51K	$633K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	317.62	−0.134%	$69.7M	$155.5M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.70	−0.109%	$26.9M	$129.4M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	318.16	+0.036%	$169K	$0	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.40	−0.203%	$15.6M	$49.1M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.52	−0.165%	$17.6M	$31.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	317.56	−0.153%	$36.0M	$56.8M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	318.37	+0.102%	$45K	$256K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	318.09	+0.014%	$81K	$1.1M	5x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	317.82	−0.071%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.88	−0.052%	$117K	$557K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	317.55	−0.156%	$3.2M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0105%	8h	317.52	−0.165%	$2K	$1.3M	5x	as long as short
Aevo TAO-PERP	+0.0112%	1h	318.07	+0.009%	$175K	$998	3x	as long as short
MEXC TAO_USDT	+0.0132%	4h	317.78	−0.084%	$110.8M	$151.9M	300x	as long as short
BingX TAO-USDT	+0.0132%	4h	317.73	−0.099%	—	$39.0M	—	as long as short
edgeX TAOUSDC	+0.0134%	4h	317.60	−0.141%	$42K	$325K	10x	as long as short
Binance TAOUSDT	+0.0134%	4h	317.70	−0.109%	$93.3M	$515.5M	75x	as long as short
Paradex TAO-USD-PERP	+0.0188%	8h	317.73	−0.100%	$14K	$876	10x	as long as short
Extended TAO-USD	+0.0232%	1h	317.68	−0.116%	$961K	$2.1M	25x	as long as short
Orderly PERP_TAO_USDC	+0.0251%	4h	318.02	−0.008%	$53K	$262K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0258%	4h	318.00	−0.014%	$540K	$814K	10x	as long as short
Pacifica TAO	+0.0301%	1h	317.77	−0.087%	$371K	$448K	10x	as long as short
Aster TAOUSDT	+0.0307%	4h	317.76	−0.089%	$1.2M	$11.3M	50x	as long as short
Lighter TAO	+0.0360%	1h	317.85	−0.063%	$1.6M	$6.7M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0361% / S −0.0107%	1h	317.19	−0.270%	$373K	—	100x	as long as short
Arcus TAO-USD	+0.0364%	1h	318.05	+0.001%	$100K	$325K	5x	as long as short
BloFin TAO-USDT	+0.0372%	4h	317.79	−0.080%	$4.9M	$10.5M	100x	as long as short
Bullet TAO-USD	+0.0388%	1h	318.34	+0.092%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0410%	4h	318.32	+0.086%	$5.7M	$9.8M	—	as long as short
Nado TAO-PERP	+0.0449%	1h	317.79	−0.081%	$707K	$2.0M	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0510%	1h	317.93	−0.037%	$14K	$1.9M	25x	as long as short
Phoenix TAO	+0.0567%	1h	319.00	+0.300%	$321K	$712K	5x	as long as short
dYdX TAO-USD	+0.0633%	1h	318.03	−0.005%	$268K	$235K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0663%	1h	317.46	−0.184%	$297K	$1.1M	10x	as long as short
Kraken Futures PF_TAOUSDlong	+0.0683%	1h	318.05	long leg	$6.2M	$19.7M	50x
Reya TAORUSDPERP	+0.0699%	1h	318.30	+0.080%	$366	—	20x	as long as short
RISEx TAO/USDC	+0.0701%	1h	317.71	−0.107%	$439K	$704K	5x	as long as short
01 Exchange TAOUSDshort	+0.0776%	1h	318.20	+0.049%	$3K	$2K	5x
Hyperliquid TAO	+0.0785%	1h	317.88	−0.052%	$95.9M	$108.3M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0832%	1h	318.47	+0.133%	$1.1M	$7.7M	50x	as long as short
Injective TAO/USDC PERP	+0.3320%	1h	322.26	+1.325%	$23K	$2K	12x	as long as short