TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against MEXC+0.466%53s7-day average −0.003% · you sell dearer than you buy

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

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.463%−$46 · spread now +0.466%, 7d avg −0.003%

Together, before fees−0.395%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.469% dearer against MEXC than usual: you sell high and buy low (spread +0.466% now, against its 7-day average of −0.003%): +$47 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you. The two prices were read 53 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	MEXC TAO_USDT	321.64	0.0156	pay 0.0078% / 4h	1h 55m	$105.2M	$148.9M	300x
Short	SunX TAO-USDT	323.14	0.0100	get 0.0050% / 4h	1h 55m	$1K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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 MEXCbpFee SunXbpOrdersPrice spread, now +0.466%Rate

Funding earned: −$11.76
Price spread: +0.466% → −0.003%: $46.94
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: $27.18
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 1 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 MEXC live order book, 4 min ago	1.23 bp	2.7 bp −$3	11.2 bp −$112	35.6 bp −$3,558	102.8 bp −$51.4K
Sell SunX live order book, 1 min ago	500.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.1440%	1h	322.10	+0.141%	$171K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	322.84	+0.372%	$129K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	323.01	+0.425%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	322.28	+0.199%	$40K	$690K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	321.60	−0.012%	$26.8M	$129.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	321.00	−0.199%	$14.2M	$51.2M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	321.76	+0.037%	$17.6M	$31.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	321.26	−0.118%	$36.2M	$57.8M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	324.34	+0.839%	$47K	$258K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	321.71	+0.022%	$87K	$1.0M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDTshort	+0.0100%	4h	323.14	+0.466%	$1K	$2.0M	20x
HTX TAO-USDT	+0.0100%	4h	322.80	+0.361%	$118K	$583K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	322.93	+0.401%	$3.3M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	322.29	+0.202%	$731	$969K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0119%	4h	321.56	−0.025%	$53K	$292K	10x	as long as short
Aevo TAO-PERP	+0.0120%	1h	323.73	+0.650%	$178K	$998	3x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0124% / S +0.0144%	1h	321.08	−0.173%	$430K	—	100x	as long as short
Binance TAOUSDT	+0.0154%	4h	321.58	−0.019%	$93.8M	$523.2M	75x	as long as short
edgeX TAOUSDC	+0.0156%	4h	324.58	+0.915%	$43K	$315K	10x	as long as short
MEXC TAO_USDTlong	+0.0156%	4h	321.64	long leg	$105.2M	$148.9M	300x
Paradex TAO-USD-PERP	+0.0272%	8h	322.46	+0.256%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0313%	4h	321.59	−0.014%	$1.3M	$10.8M	50x	as long as short
Bybit TAOUSDT	+0.0366%	4h	321.59	−0.016%	$70.2M	$155.5M	50x	as long as short
BingX TAO-USDT	+0.0382%	4h	321.36	−0.087%	—	$34.3M	—	as long as short
BloFin TAO-USDT	+0.0398%	4h	324.59	+0.917%	$4.7M	$11.3M	100x	as long as short
Bullet TAO-USD	+0.0417%	1h	323.30	+0.516%	$12K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0460%	4h	323.74	+0.652%	$552K	$937K	10x	as long as short
Extended TAO-USD	+0.0488%	1h	322.53	+0.278%	$922K	$2.4M	25x	as long as short
Variational Omni TAO	+0.0506%	4h	323.50	+0.578%	$5.7M	$10.1M	—	as long as short
Phoenix TAO	+0.0513%	1h	324.40	+0.858%	$323K	$709K	5x	as long as short
Pacifica TAO	+0.0525%	1h	322.95	+0.406%	$367K	$422K	10x	as long as short
Nado TAO-PERP	+0.0598%	1h	321.72	+0.025%	$804K	$2.2M	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0604%	1h	323.69	+0.639%	$18K	$1.9M	25x	as long as short
Arcus TAO-USD	+0.0641%	1h	322.74	+0.342%	$104K	$384K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0669%	1h	323.25	+0.501%	$322K	$898K	10x	as long as short
Hyperliquid TAO	+0.0677%	1h	321.70	+0.019%	$95.1M	$110.0M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	321.51	−0.042%	$370	—	20x	as long as short
01 Exchange TAOUSD	+0.0704%	1h	322.59	+0.295%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	323.39	+0.544%	$1.5M	$6.9M	50x	as long as short
Lighter TAO	+0.1008%	1h	322.96	+0.410%	$1.5M	$6.6M	5x	as long as short
RISEx TAO/USDC	+0.1077%	1h	322.38	+0.231%	$464K	$652K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1142%	1h	323.10	+0.454%	$6.1M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	323.62	+0.616%	$24K	$2K	12x	as long as short