TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0615%/8h= +67.4% APRnext payment +$0.77 per $10,000 · paid last 24h +0.069%

Price spread now: Kraken Futures against 01 Exchange−0.064%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Kraken Futures

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

Funding pays, the price is against you. Kraken Futures is 0.064% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	306.46	0.0416	pay 0.0052% / 1h	20m 06s	$3K	$4K	5x
Short	Kraken Futures PF_TAOUSD	306.26	0.1031	get 0.0129% / 1h	20m 06s	$5.8M	$19.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.064%Rate

Funding earned: $129.24
Price spread: −0.064% → 0.000%: −$6.44
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $105.8
Costs to cover: 0.170%
Break-even: 1.3 days

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 4 min ago	6.07 bp	11.3 bp −$11	28.2 bp −$282	144.1 bp −$14.4K	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 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	306.28	−0.058%	$26K	—	150x	as long as short
dYdX TAO-USD	+0.0017%	1h	306.40	−0.021%	$126K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	306.29	−0.055%	$44K	$539K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	306.43	−0.010%	$85.7M	$414.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	306.60	+0.046%	$59.3M	$121.5M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	306.40	−0.020%	$24.6M	$95.7M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	306.60	+0.046%	$80K	$643K	5x	as long as short
Bulk TAO-USD	+0.0100%	1h	302.77	−1.204%	$162K	$54K	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	306.30	−0.052%	$12.2M	$49.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	306.25	−0.069%	$113.0M	$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	306.32	−0.046%	$18.3M	$27.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	306.18	−0.091%	$34.2M	$46.0M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	306.33	−0.042%	—	$30.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	303.93	−0.825%	$39K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	304.26	−0.719%	$503K	$967K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	306.42	−0.013%	$75K	$567K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	306.29	−0.054%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	306.21	−0.082%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	306.17	−0.095%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	306.36	−0.033%	$122K	$367K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	306.15	−0.101%	$3.2M	$7.9M	50x	as long as short
ApeX Omni TAOUSDT	+0.0103%	1h	303.74	−0.888%	$46K	$269K	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	306.41	−0.016%	$168K	$998	3x	as long as short
Variational Omni TAO	+0.0105%	4h	305.97	−0.161%	$3.7M	$6.7M	—	as long as short
Katana Perps TAO-USD	+0.0110%	8h	306.31	−0.049%	$1K	$506K	5x	as long as short
Aster TAOUSDT	+0.0126%	4h	306.55	+0.029%	$1.1M	$7.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0158%	8h	306.34	−0.040%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0164%	1h	306.49	+0.011%	$362K	$372K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	306.24	−0.072%	$437K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0210%	1h	306.30	−0.052%	$20K	$1.4M	25x	as long as short
Nado TAO-PERP	+0.0312%	1h	306.28	−0.060%	$826K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	307.02	+0.183%	$4.2M	$9.5M	100x	as long as short
Lighter TAO	+0.0408%	1h	306.40	−0.019%	$1.6M	$5.3M	5x	as long as short
01 Exchange TAOUSDlong	+0.0416%	1h	306.46	long leg	$3K	$4K	5x
Backpack TAO_USDC_PERP	+0.0464%	1h	306.38	−0.026%	$295K	$799K	10x	as long as short
Phoenix TAO	+0.0521%	1h	303.80	−0.868%	$322K	$491K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	306.18	−0.091%	$352	—	20x	as long as short
Extended TAO-USD	+0.0792%	1h	306.15	−0.102%	$834K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	307.01	+0.179%	$1.5M	$5.6M	50x	as long as short
Kraken Futures PF_TAOUSDshort	+0.1031%	1h	306.26	−0.064%	$5.8M	$19.6M	50x
Hyperliquid TAO	+0.1078%	1h	306.67	+0.069%	$93.3M	$80.6M	5x	as long as short
RISEx TAO/USDC	+0.1155%	1h	306.45	−0.002%	$417K	$544K	5x	as long as short
Injective TAO/USDC PERP	+0.1621%	1h	308.73	+0.741%	$22K	$264	12x	as long as short