TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Bullet against Pacifica+0.119%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Bullet

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 airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.119% dearer against Pacifica than usual: you sell high and buy low, +$12 on $10k if it 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	Pacifica TAO	312.21	0.0100	pay 0.0013% / 1h	53m 11s	$369K	$370K	10x
Short	Bullet TAO-USD	312.58	0.0106	get 0.0013% / 1h	53m 11s	$11K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Pacifica. 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 PacificabpFee BulletbpOrdersPrice spread, now +0.119%Rate

Funding earned: $1.35
Price spread: +0.119% → 0.000%: $11.88
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$2.77
Costs to cover: 0.160%
Break-even: 21.4 days

Slippage unknown: Pacifica: live order book, 25 min ago; Bullet: 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 Pacifica live order book, 25 min ago	3.43 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.1120%	1h	305.94	−2.008%	$164K	$52K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	312.07	−0.045%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	312.34	+0.041%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	308.73	−1.115%	$22K	$259	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.84	+0.202%	$40K	$549K	20x	as long as short
Pacifica TAOlong	+0.0100%	1h	312.21	long leg	$369K	$370K	10x
Binance TAOUSDT	+0.0100%	4h	312.62	+0.131%	$88.5M	$420.8M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	312.60	+0.125%	$61.0M	$123.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.70	+0.157%	$25.1M	$99.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.40	+0.061%	$12.5M	$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	312.59	+0.122%	$119.6M	$125.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.57	+0.115%	$19.0M	$27.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.55	+0.109%	$35.1M	$46.0M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	312.60	+0.125%	—	$30.3M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.17	+0.626%	$41K	$279K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.25	+0.654%	$520K	$950K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	312.46	+0.080%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.43	+0.070%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.84	+0.202%	$128K	$393K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	312.21	0.000%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.58	+0.117%	$172K	$998	3x	as long as short
Bullet TAO-USDshort	+0.0106%	1h	312.58	+0.119%	$11K	$17K	20x
Katana Perps TAO-USD	+0.0110%	8h	312.69	+0.154%	$3K	$536K	5x	as long as short
Polymarket Perps TAO-USD	+0.0134%	1h	312.68	+0.150%	$77K	$524K	5x	as long as short
Variational Omni TAO	+0.0177%	4h	314.40	+0.702%	$3.9M	$6.9M	—	as long as short
Paradex TAO-USD-PERP	+0.0185%	8h	311.88	−0.107%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0186%	1h	312.50	+0.093%	$81K	$644K	5x	as long as short
Aster TAOUSDT	+0.0202%	4h	312.60	+0.126%	$1.1M	$7.8M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	312.50	+0.093%	$4.3M	$9.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0358%	1h	312.56	+0.113%	$19K	$1.4M	25x	as long as short
ApeX Omni TAOUSDT	+0.0361%	1h	314.07	+0.596%	$47K	$269K	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0450%	1h	312.52	+0.100%	$5.8M	$19.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0475% / S −0.0175%	1h	312.22	+0.003%	$448K	—	100x	as long as short
Phoenix TAO	+0.0537%	1h	312.70	+0.157%	$327K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0544%	1h	312.73	+0.166%	$299K	$798K	10x	as long as short
Nado TAO-PERP	+0.0552%	1h	312.73	+0.167%	$837K	$2.0M	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	312.59	+0.123%	$359	—	20x	as long as short
Extended TAO-USD	+0.0792%	1h	312.51	+0.097%	$864K	$2.1M	25x	as long as short
01 Exchange TAOUSD	+0.0896%	1h	312.28	+0.022%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	312.86	+0.208%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDC	+0.1238%	1h	312.43	+0.070%	$430K	$536K	5x	as long as short
Lighter TAO	+0.1352%	1h	312.94	+0.233%	$1.6M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2294%	1h	313.30	+0.349%	$98.1M	$82.7M	5x	as long as short