TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0595%/8h= −65.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.177%

Price spread now: Polymarket Perps against Reya+0.042%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 Polymarket Perps

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. Polymarket Perps is 0.042% dearer against Reya than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TAORUSDPERP	306.05	0.0695	pay 0.0087% / 1h	20m 50s	$352	—	20x
Short	Polymarket Perps TAO-USD	306.18	0.0100	get 0.0013% / 1h	20m 50s	$75K	$567K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$124.88
Price spread: +0.042% → 0.000%: $4.17
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$134.72
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 62 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 Polymarket Perps live order book, 62 min ago	2.28 bp	6.9 bp −$7	11.3 bp −$113	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	306.34	+0.094%	$26K	—	150x	as long as short
dYdX TAO-USD	+0.0017%	1h	306.40	+0.112%	$126K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	306.00	−0.017%	$44K	$539K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	306.35	+0.097%	$85.7M	$414.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	306.43	+0.123%	$59.3M	$121.4M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	306.60	+0.179%	$24.6M	$95.8M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	306.30	+0.081%	$79K	$643K	5x	as long as short
Bulk TAO-USD	+0.0100%	1h	303.38	−0.875%	$162K	$54K	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	306.60	+0.179%	$12.2M	$49.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	306.69	+0.208%	$113.1M	$125.6M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	306.74	+0.225%	$18.3M	$27.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	306.40	+0.114%	$34.2M	$46.0M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	306.62	+0.185%	—	$30.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	303.93	−0.693%	$39K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	304.26	−0.586%	$503K	$967K	10x	as long as short
Polymarket Perps TAO-USDshort	+0.0100%	1h	306.18	+0.042%	$75K	$567K	5x
Bullet TAO-USD	+0.0100%	1h	306.41	+0.117%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	306.53	+0.156%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	306.61	+0.182%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	307.18	+0.368%	$122K	$367K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	306.49	+0.143%	$3.3M	$7.9M	50x	as long as short
ApeX Omni TAOUSDT	+0.0103%	1h	303.74	−0.756%	$46K	$269K	50x	as long as short
Variational Omni TAO	+0.0104%	4h	303.54	−0.822%	$3.7M	$6.7M	—	as long as short
Aevo TAO-PERP	+0.0104%	1h	306.73	+0.222%	$168K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	306.15	+0.032%	$1K	$506K	5x	as long as short
Aster TAOUSDT	+0.0126%	4h	306.55	+0.163%	$1.1M	$7.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0159%	8h	306.08	+0.010%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0164%	1h	306.25	+0.065%	$362K	$372K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	306.23	+0.059%	$437K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0226%	1h	306.56	+0.167%	$20K	$1.4M	25x	as long as short
Nado TAO-PERP	+0.0317%	1h	305.96	−0.031%	$826K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	307.02	+0.316%	$4.2M	$9.5M	100x	as long as short
Lighter TAO	+0.0408%	1h	306.58	+0.172%	$1.6M	$5.3M	5x	as long as short
01 Exchange TAOUSD	+0.0416%	1h	306.47	+0.136%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0468%	1h	306.72	+0.218%	$295K	$799K	10x	as long as short
Phoenix TAO	+0.0521%	1h	303.80	−0.736%	$322K	$491K	5x	as long as short
Reya TAORUSDPERPlong	+0.0695%	1h	306.05	long leg	$352	—	20x
Extended TAO-USD	+0.0808%	1h	306.63	+0.190%	$834K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	306.29	+0.078%	$1.5M	$5.6M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1030%	1h	306.71	+0.215%	$5.8M	$19.6M	50x	as long as short
Hyperliquid TAO	+0.1078%	1h	307.07	+0.332%	$93.5M	$80.6M	5x	as long as short
RISEx TAO/USDC	+0.1155%	1h	306.34	+0.093%	$417K	$544K	5x	as long as short
Injective TAO/USDC PERP	+0.1621%	1h	308.73	+0.875%	$22K	$264	12x	as long as short