TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0693%/8h= −75.9% APRnext payment −$0.87 per $10,000 · paid last 24h −0.206%

Price spread now: gTrade (Gains Network) against Reya−0.048%7-day average — · you buy dearer than you sell

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

Long on Reya Short on gTrade (Gains Network)

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

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and gTrade (Gains Network) is 0.048% cheaper against Reya than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TAORUSDPERP	306.58	0.0696	pay 0.0087% / 1h	40m 24s	$353	—	20x
Short	gTrade (Gains Network) TAO/USD	306.43	L +0.0004% / S −0.0003%	get 0.0000% / 1h	40m 24s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.048%Rate

Funding earned: −$145.57
Price spread: −0.048% → 0.000%: −$4.82
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$166.39
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 Reya no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and 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
dYdX TAO-USD	0.0000%	1h	307.32	+0.242%	$123K	$87K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0003%	1h	306.43	−0.048%	$12K	—	150x
Popdex TAOUSDT	+0.0096%	1h	306.80	+0.072%	$45K	$606K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	306.74	+0.052%	$88.5M	$460.3M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	307.10	+0.170%	$25.1M	$107.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	306.50	−0.026%	$12.5M	$49.7M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	306.51	−0.023%	$102.7M	$137.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	306.74	+0.052%	$17.8M	$30.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	306.44	−0.046%	$34.3M	$53.0M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.15	+0.837%	$34K	$298K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TAO_USDT_Perp	+0.0100%	4h	309.02	+0.797%	$515K	$967K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.11	+0.825%	$46K	$268K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	307.02	+0.144%	$56K	$283K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	307.79	+0.395%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	307.15	+0.186%	$126K	$471K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	307.33	+0.245%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0116%	8h	307.02	+0.144%	$688	$680K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0170% / S +0.0102%	1h	306.38	−0.066%	$412K	—	100x	as long as short
Aster TAOUSDT	+0.0170%	4h	307.22	+0.208%	$1.2M	$9.2M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0171%	1h	307.96	+0.450%	$5.5M	$20.3M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0184%	1h	307.94	+0.443%	$15K	$1.5M	25x	as long as short
Polymarket Perps TAO-USD	+0.0206%	1h	306.64	+0.020%	$76K	$643K	5x	as long as short
Bullet TAO-USD	+0.0218%	1h	306.70	+0.038%	$12K	$17K	20x	as long as short
Paradex TAO-USD-PERP	+0.0275%	8h	307.24	+0.215%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0285%	1h	307.43	+0.278%	$363K	$378K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	307.49	+0.297%	$81K	$551K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.16	+1.494%	$4.4M	$10.7M	100x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	315.63	+2.952%	$23K	$2K	12x	as long as short
Phemex TAOUSDT	+0.0555%	4h	307.99	+0.460%	$3.3M	$8.0M	50x	as long as short
Phoenix TAO	+0.0588%	1h	308.80	+0.724%	$323K	$681K	5x	as long as short
Nado TAO-PERP	+0.0591%	1h	306.54	−0.014%	$746K	$2.1M	10x	as long as short
01 Exchange TAOUSD	+0.0640%	1h	307.16	+0.189%	$3K	$4K	5x	as long as short
Reya TAORUSDPERPlong	+0.0696%	1h	306.58	long leg	$353	—	20x
Variational Omni TAO	+0.0734%	4h	308.15	+0.511%	$5.3M	$8.9M	—	as long as short
BingX TAO-USDT	+0.0736%	4h	306.95	+0.121%	—	$31.0M	—	as long as short
Bybit TAOUSDT	+0.0774%	4h	307.18	+0.196%	$62.7M	$135.7M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0855%	1h	308.38	+0.587%	$312K	$814K	10x	as long as short
Extended TAO-USD	+0.0968%	1h	307.18	+0.196%	$885K	$2.4M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	308.15	+0.512%	$1.4M	$6.3M	50x	as long as short
RISEx TAO/USDC	+0.1132%	1h	307.17	+0.191%	$409K	$604K	5x	as long as short
Hyperliquid TAO	+0.1241%	1h	306.84	+0.085%	$97.1M	$93.3M	5x	as long as short
Lighter TAO	+0.1384%	1h	307.78	+0.391%	$1.6M	$6.0M	5x	as long as short
Bulk TAO-USD	+0.3743%	1h	312.40	+1.898%	$166K	$40K	10x	as long as short