TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0592%/8h= −64.9% APRnext payment −$0.74 per $10,000 · paid last 24h −0.176%

Price spread now: Aevo against Reya+0.033%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Aevo

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.033% dearer against Reya than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TAORUSDPERP	315.62	0.0696	pay 0.0087% / 1h	41m 14s	$363	—	20x
Short	Aevo TAO-PERP	315.73	0.0104	get 0.0013% / 1h	41m 14s	$173K	$998	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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 ReyabpFee AevobpOrdersPrice spread, now +0.033%Rate

Funding earned: −$124.42
Price spread: +0.033% → 0.000%: $3.26
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$143.16
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aevo: live order book, 18 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 Reya no order-book sample	—	—	—	—	—
Sell Aevo live order book, 18 min ago	37.19 bp	62.6 bp −$63	doesn't fit	doesn't fit	doesn't fit

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
Bulk TAO-USD	−0.0482%	1h	315.13	−0.156%	$167K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.45	−0.371%	$125K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.81	+0.059%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0056%	1h	315.95	+0.103%	$5.6M	$20.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.49	−0.042%	$42K	$685K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.09	+0.148%	$91.1M	$490.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.20	+0.183%	$26.0M	$119.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.90	+0.088%	$13.0M	$49.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	316.01	+0.123%	$105.9M	$142.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.93	+0.098%	$17.6M	$31.7M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	316.18	+0.177%	$35.3M	$55.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.41	−0.067%	$35K	$302K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	316.07	+0.142%	$46K	$252K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	315.16	−0.146%	$89K	$790K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	315.94	+0.101%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.81	+0.059%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.78	−0.267%	$109K	$527K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	315.92	+0.094%	$3.2M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0101%	8h	314.98	−0.203%	$645	$786K	5x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	315.73	+0.033%	$173K	$998	3x
GRVT TAO_USDT_Perp	+0.0106%	4h	316.10	+0.152%	$526K	$944K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0125%	4h	315.88	+0.082%	$57K	$275K	10x	as long as short
Bybit TAOUSDT	+0.0131%	4h	316.20	+0.183%	$68.8M	$146.6M	50x	as long as short
BingX TAO-USDT	+0.0146%	4h	316.09	+0.148%	—	$30.1M	—	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0151% / S +0.0122%	1h	315.69	+0.020%	$420K	—	100x	as long as short
Nado TAO-PERP	+0.0183%	1h	315.43	−0.062%	$799K	$2.2M	10x	as long as short
Paradex TAO-USD-PERP	+0.0188%	8h	314.94	−0.216%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0210%	4h	315.51	−0.035%	$1.2M	$10.2M	50x	as long as short
01 Exchange TAOUSD	+0.0232%	1h	315.35	−0.086%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0287%	1h	316.49	+0.275%	$94.2M	$105.2M	5x	as long as short
Extended TAO-USD	+0.0296%	1h	315.91	+0.091%	$922K	$2.4M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0322%	1h	316.27	+0.205%	$317K	$913K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.00	+0.120%	$4.5M	$10.9M	100x	as long as short
Arcus TAO-USD	+0.0345%	1h	315.24	−0.121%	$99K	$488K	5x	as long as short
Pacifica TAO	+0.0365%	1h	314.90	−0.230%	$361K	$409K	10x	as long as short
Lighter TAO	+0.0416%	1h	316.33	+0.224%	$1.5M	$6.5M	5x	as long as short
Phoenix TAO	+0.0581%	1h	316.10	+0.151%	$315K	$697K	5x	as long as short
Variational Omni TAO	+0.0641%	4h	315.94	+0.100%	$5.8M	$9.8M	—	as long as short
Reya TAORUSDPERPlong	+0.0696%	1h	315.62	long leg	$363	—	20x
Deribit TAO_USDC-PERPETUAL	+0.0744%	1h	316.09	+0.148%	$11K	$1.6M	25x	as long as short
RISEx TAO/USDC	+0.0991%	1h	315.02	−0.190%	$437K	$659K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	316.38	+0.240%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	319.61	+1.263%	$23K	$2K	12x	as long as short