TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0827%/8h= −90.5% APRnext payment −$1.03 per $10,000 · paid last 24h −0.218%

Price spread now: gTrade (Gains Network) against RISEx−0.095%7-day average — · you buy dearer than you sell

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

Long on RISEx 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—needs both histories

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and gTrade (Gains Network) is 0.095% cheaper against RISEx than usual: you would sell low and buy high (−$9 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	RISEx TAO/USDC	319.82	0.0831	pay 0.0104% / 1h	12m 49s	$454K	$662K	5x
Short	gTrade (Gains Network) TAO/USD	319.52	L +0.0004% / S −0.0005%	get 0.0001% / 1h	12m 49s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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 RISExbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.095%Rate

Funding earned: −$173.59
Price spread: −0.095% → 0.000%: −$9.5
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$199.08
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 26 min ago; 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 RISEx live order book, 26 min ago	2.68 bp	5.7 bp −$6	30.5 bp −$305	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0005%	1h	319.52	−0.095%	$22K	—	150x
dYdX TAO-USD	+0.0074%	1h	318.96	−0.272%	$127K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.87	+0.014%	$46K	$714K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.50	−0.101%	$26.6M	$132.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.30	−0.164%	$14.8M	$52.1M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.46	−0.114%	$17.9M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.15	−0.211%	$35.9M	$58.0M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	317.41	−0.755%	$46K	$259K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.71	−0.036%	$88K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.39	−0.136%	$2K	$2.0M	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	319.29	−0.167%	$117K	$603K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0104% / S +0.0139%	1h	316.95	−0.897%	$404K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	319.65	−0.054%	$2K	$1.1M	5x	as long as short
Aevo TAO-PERP	+0.0128%	1h	319.84	+0.004%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0172%	4h	319.82	−0.001%	$52K	$294K	10x	as long as short
MEXC TAO_USDT	+0.0178%	4h	319.53	−0.092%	$103.9M	$152.6M	300x	as long as short
Binance TAOUSDT	+0.0180%	4h	319.56	−0.082%	$92.5M	$532.0M	75x	as long as short
edgeX TAOUSDC	+0.0184%	4h	317.44	−0.746%	$42K	$321K	10x	as long as short
BingX TAO-USDT	+0.0258%	4h	319.51	−0.098%	—	$37.3M	—	as long as short
Paradex TAO-USD-PERP	+0.0258%	8h	319.71	−0.034%	$15K	$1K	10x	as long as short
Bybit TAOUSDT	+0.0273%	4h	319.62	−0.064%	$70.1M	$157.1M	50x	as long as short
Bullet TAO-USD	+0.0292%	1h	319.62	−0.062%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	319.69	−0.043%	$375K	$466K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0316%	4h	318.09	−0.542%	$541K	$907K	10x	as long as short
Aster TAOUSDT	+0.0342%	4h	319.52	−0.095%	$1.3M	$11.0M	50x	as long as short
Phemex TAOUSDT	+0.0352%	4h	319.63	−0.061%	$3.2M	$8.2M	50x	as long as short
Extended TAO-USD	+0.0384%	1h	319.34	−0.151%	$908K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0420%	4h	319.77	−0.017%	$4.7M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0455%	1h	319.80	−0.007%	$787K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	320.04	+0.068%	$101K	$384K	5x	as long as short
Variational Omni TAO	+0.0560%	4h	318.03	−0.562%	$5.6M	$10.1M	—	as long as short
Lighter TAO	+0.0584%	1h	320.11	+0.090%	$1.6M	$6.9M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0606%	1h	319.87	+0.015%	$15K	$1.9M	25x	as long as short
Phoenix TAO	+0.0629%	1h	318.40	−0.445%	$320K	$703K	5x	as long as short
01 Exchange TAOUSD	+0.0672%	1h	320.25	+0.133%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0695%	1h	319.79	−0.011%	$298K	$905K	10x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.64	−0.058%	$368	—	20x	as long as short
Hyperliquid TAO	+0.0714%	1h	319.64	−0.057%	$94.5M	$110.7M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0828%	1h	319.90	+0.023%	$6.0M	$21.7M	50x	as long as short
RISEx TAO/USDClong	+0.0831%	1h	319.82	long leg	$454K	$662K	5x
Coinbase International TAO-PERP-INTX	+0.0984%	1h	320.04	+0.068%	$1.4M	$7.0M	50x	as long as short
Bulk TAO-USD	+0.1572%	1h	317.17	−0.830%	$169K	$0	10x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	318.80	−0.320%	$23K	$2K	12x	as long as short