TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0740%/8h= −81.0% APRnext payment −$0.93 per $10,000 · paid last 24h −0.106%

Price spread now: ApeX Omni against 01 Exchange+0.458%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. ApeX Omni is 0.458% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.458% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	312.30	0.0840	pay 0.0105% / 1h	50m 51s	$3K	$2K	5x
Short	ApeX Omni TAOUSDT	313.73	0.0100	get 0.0013% / 1h	50m 51s	$45K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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 01 ExchangebpFee ApeX OmnibpOrdersPrice spread, now +0.458%Rate

Funding earned: −$155.4
Price spread: +0.458% → 0.000%: $45.79
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$126.61
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 54 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 01 Exchange no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 54 min ago	5.07 bp	13.3 bp −$13	134.4 bp −$1,344	doesn't fit	doesn't fit

01 Exchange: 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 exchanges

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 −0.0003%	1h	311.67	−0.202%	$19K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.01	−0.093%	$54K	$632K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	311.90	−0.128%	$26.6M	$125.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	311.70	−0.192%	$16.0M	$46.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	311.91	−0.125%	$17.2M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	311.65	−0.208%	$35.3M	$54.2M	50x	as long as short
ApeX Omni TAOUSDTshort	+0.0100%	1h	313.73	+0.458%	$45K	$254K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	311.92	−0.122%	$68K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.75	−0.176%	$1K	$1.7M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.87	−0.138%	$113K	$550K	20x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps TAO-USD	+0.0102%	8h	311.74	−0.179%	$998	$1.3M	5x	as long as short
Extended TAO-USD	+0.0104%	1h	311.86	−0.142%	$922K	$2.1M	25x	as long as short
Aevo TAO-PERP	+0.0120%	1h	312.05	−0.079%	$171K	$998	3x	as long as short
Binance TAOUSDT	+0.0167%	4h	312.21	−0.028%	$92.6M	$506.4M	75x	as long as short
MEXC TAO_USDT	+0.0170%	4h	311.93	−0.118%	$110.8M	$146.9M	300x	as long as short
edgeX TAOUSDC	+0.0170%	4h	313.80	+0.481%	$41K	$324K	10x	as long as short
Pacifica TAO	+0.0223%	1h	312.15	−0.048%	$369K	$445K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0278%	4h	313.81	+0.484%	$534K	$786K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0281%	4h	311.85	−0.144%	$52K	$262K	10x	as long as short
Paradex TAO-USD-PERP	+0.0304%	8h	312.09	−0.067%	$14K	$769	10x	as long as short
Aster TAOUSDT	+0.0347%	4h	312.06	−0.077%	$1.2M	$11.4M	50x	as long as short
dYdX TAO-USD	+0.0367%	1h	311.68	−0.199%	$263K	$230K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0370% / S −0.0114%	1h	311.71	−0.189%	$375K	—	100x	as long as short
BingX TAO-USDT	+0.0372%	4h	311.94	−0.115%	—	$37.7M	—	as long as short
Bybit TAOUSDT	+0.0382%	4h	312.06	−0.077%	$68.9M	$154.4M	50x	as long as short
Bullet TAO-USD	+0.0383%	1h	312.08	−0.071%	$12K	$16K	20x	as long as short
Lighter TAO	+0.0392%	1h	312.14	−0.052%	$1.5M	$6.7M	5x	as long as short
BloFin TAO-USDT	+0.0412%	4h	312.14	−0.051%	$4.9M	$10.4M	100x	as long as short
Phemex TAOUSDT	+0.0454%	4h	311.78	−0.167%	$3.1M	$8.3M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0509%	1h	311.85	−0.143%	$24K	$1.9M	25x	as long as short
Nado TAO-PERP	+0.0565%	1h	312.06	−0.076%	$649K	$2.0M	10x	as long as short
Hyperliquid TAO	+0.0582%	1h	312.11	−0.061%	$93.4M	$105.2M	5x	as long as short
Arcus TAO-USD	+0.0587%	1h	312.11	−0.061%	$98K	$284K	5x	as long as short
Variational Omni TAO	+0.0597%	4h	314.17	+0.599%	$5.8M	$9.7M	—	as long as short
Phoenix TAO	+0.0636%	1h	313.20	+0.288%	$315K	$701K	5x	as long as short
RISEx TAO/USDC	+0.0694%	1h	311.90	−0.129%	$441K	$660K	5x	as long as short
Reya TAORUSDPERP	+0.0699%	1h	311.98	−0.101%	$359	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0728%	1h	312.55	+0.080%	$1.1M	$7.4M	50x	as long as short
01 Exchange TAOUSDlong	+0.0840%	1h	312.30	long leg	$3K	$2K	5x
Kraken Futures PF_TAOUSD	+0.0866%	1h	312.05	−0.079%	$6.2M	$19.6M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0902%	1h	312.09	−0.067%	$299K	$1.1M	10x	as long as short
Bulk TAO-USD	+0.1436%	1h	313.89	+0.509%	$166K	$662	10x	as long as short
Injective TAO/USDC PERP	+0.4136%	1h	317.23	+1.579%	$23K	$2K	12x	as long as short