TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.100%

Price spread now: Reya against 01 Exchange−0.003%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 Reya

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	304.08	0.0400	pay 0.0050% / 1h	25m 12s	$3K	$4K	5x
Short	Reya TAORUSDPERP	304.07	0.0695	get 0.0087% / 1h	25m 12s	$350	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.003%Rate

Funding earned: $61.88
Price spread: −0.003% → 0.000%: −$0.26
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $48.61
Costs to cover: 0.130%
Break-even: 1.5 days

Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

01 Exchange and 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	304.00	−0.027%	$26K	—	150x	as long as short
dYdX TAO-USD	+0.0019%	1h	303.36	−0.238%	$124K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	303.99	−0.030%	$45K	$538K	20x	as long as short
Aster TAOUSDT	+0.0100%	4h	304.17	+0.030%	$1.1M	$7.7M	50x	as long as short
Binance TAOUSDT	+0.0100%	4h	304.23	+0.049%	$85.1M	$414.2M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	304.33	+0.082%	$58.8M	$121.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	304.30	+0.072%	$24.5M	$94.9M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	303.96	−0.039%	$79K	$643K	5x	as long as short
Bulk TAO-USD	+0.0100%	1h	303.38	−0.232%	$162K	$54K	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	304.00	−0.026%	$12.1M	$48.9M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	304.20	+0.039%	$111.6M	$125.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	304.17	+0.030%	$18.4M	$27.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	304.08	0.000%	$34.0M	$46.0M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	304.19	+0.036%	—	$30.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	303.78	−0.097%	$39K	$277K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	303.76	−0.107%	$502K	$967K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	304.16	+0.026%	$74K	$580K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	304.17	+0.030%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	304.18	+0.033%	$58K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	304.12	+0.013%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	303.64	−0.145%	$122K	$364K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	304.03	−0.016%	$3.2M	$7.9M	50x	as long as short
Variational Omni TAO	+0.0104%	4h	303.54	−0.179%	$3.7M	$6.7M	—	as long as short
Aevo TAO-PERP	+0.0104%	1h	304.19	+0.036%	$167K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	303.77	−0.102%	$1K	$501K	5x	as long as short
ApeX Omni TAOUSDT	+0.0112%	1h	303.77	−0.102%	$46K	$269K	50x	as long as short
Paradex TAO-USD-PERP	+0.0156%	8h	303.50	−0.192%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0164%	1h	303.61	−0.155%	$359K	$372K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	303.84	−0.078%	$434K	—	100x	as long as short
Nado TAO-PERP	+0.0338%	1h	304.13	+0.016%	$821K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	304.00	−0.026%	$4.2M	$9.4M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0358%	1h	304.24	+0.052%	$22K	$1.4M	25x	as long as short
Lighter TAO	+0.0400%	1h	304.42	+0.113%	$1.6M	$5.3M	5x	as long as short
01 Exchange TAOUSDlong	+0.0400%	1h	304.08	long leg	$3K	$4K	5x
Backpack TAO_USDC_PERP	+0.0447%	1h	304.47	+0.128%	$293K	$799K	10x	as long as short
Phoenix TAO	+0.0521%	1h	303.80	−0.092%	$322K	$491K	5x	as long as short
Reya TAORUSDPERPshort	+0.0695%	1h	304.07	−0.003%	$350	—	20x
Extended TAO-USD	+0.0816%	1h	304.27	+0.061%	$825K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	304.46	+0.125%	$1.5M	$5.5M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1038%	1h	304.25	+0.057%	$5.7M	$19.7M	50x	as long as short
Hyperliquid TAO	+0.1063%	1h	304.66	+0.191%	$92.5M	$80.6M	5x	as long as short
RISEx TAO/USDC	+0.1155%	1h	304.03	−0.018%	$411K	$543K	5x	as long as short
Injective TAO/USDC PERP	+0.1621%	1h	308.73	+1.529%	$22K	$264	12x	as long as short