TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.149%

Price spread now: Coinbase International against 01 Exchange+0.152%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 Coinbase International

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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.152% dearer against 01 Exchange than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	315.72	0.0648	pay 0.0081% / 1h	24m 34s	$3K	$4K	5x
Short	Coinbase International TAO-PERP-INTX	316.20	0.1024	get 0.0128% / 1h	24m 34s	$1.5M	$6.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.152%Rate

Funding earned: $78.96
Price spread: +0.152% → 0.000%: $15.2
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $77.16
Costs to cover: 0.170%
Break-even: 0.2 days

Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	8.46 bp	14.4 bp −$14	20.7 bp −$207	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 42 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	315.19	−0.168%	$126K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.33	−0.123%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.33	−0.124%	$39K	$628K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	315.25	−0.149%	$90.3M	$465.2M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.20	−0.165%	$26.0M	$112.4M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.10	−0.196%	$12.8M	$50.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	315.41	−0.098%	$109.6M	$138.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.48	−0.076%	$18.1M	$30.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.18	−0.171%	$35.2M	$53.5M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.28	−0.455%	$35K	$298K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni TAOUSDT	+0.0100%	1h	313.06	−0.843%	$47K	$256K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	315.55	−0.054%	$57K	$282K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.45	−0.086%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.45	−0.402%	$129K	$472K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.84	−0.279%	$3.4M	$8.0M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.54	−0.059%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0120%	8h	315.40	−0.101%	$2K	$706K	5x	as long as short
GRVT TAO_USDT_Perp	+0.0136%	4h	314.59	−0.359%	$518K	$966K	10x	as long as short
Polymarket Perps TAO-USD	+0.0143%	1h	315.87	+0.048%	$82K	$679K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0168%	1h	314.95	−0.244%	$5.6M	$20.5M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0169% / S +0.0091%	1h	315.46	−0.082%	$441K	—	100x	as long as short
Bullet TAO-USD	+0.0229%	1h	315.85	+0.041%	$12K	$17K	20x	as long as short
Aster TAOUSDT	+0.0242%	4h	315.20	−0.165%	$1.3M	$9.4M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0284%	1h	315.10	−0.195%	$24K	$1.5M	25x	as long as short
Pacifica TAO	+0.0285%	1h	315.42	−0.095%	$371K	$381K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	315.68	−0.013%	$99K	$529K	5x	as long as short
Paradex TAO-USD-PERP	+0.0340%	8h	315.37	−0.110%	$14K	$1K	10x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	312.28	−1.090%	$23K	$2K	12x	as long as short
Nado TAO-PERP	+0.0512%	1h	315.50	−0.070%	$786K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	312.30	−1.083%	$326K	$681K	5x	as long as short
01 Exchange TAOUSDlong	+0.0648%	1h	315.72	long leg	$3K	$4K	5x
Reya TAORUSDPERP	+0.0696%	1h	315.98	+0.081%	$363	—	20x	as long as short
BingX TAO-USDT	+0.0760%	4h	315.35	−0.117%	—	$31.0M	—	as long as short
Bybit TAOUSDT	+0.0820%	4h	315.41	−0.098%	$66.1M	$137.8M	50x	as long as short
Variational Omni TAO	+0.0822%	4h	315.55	−0.053%	$5.5M	$8.9M	—	as long as short
Extended TAO-USD	+0.0896%	1h	315.26	−0.146%	$903K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0911%	1h	314.61	−0.352%	$318K	$814K	10x	as long as short
Coinbase International TAO-PERP-INTXshort	+0.1024%	1h	316.20	+0.152%	$1.5M	$6.5M	50x
RISEx TAO/USDC	+0.1132%	1h	315.41	−0.098%	$450K	$631K	5x	as long as short
Hyperliquid TAO	+0.1253%	1h	315.42	−0.095%	$99.8M	$94.5M	5x	as long as short
Lighter TAO	+0.1424%	1h	315.70	−0.006%	$1.6M	$6.1M	5x	as long as short
Bulk TAO-USD	+0.2752%	1h	308.95	−2.146%	$164K	$40K	10x	as long as short