TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0527%/8h= +57.7% APRnext payment +$0.66 per $10,000 · paid last 24h +0.183%

Price spread now: RISEx against Bullet+0.020%7-day average — · you sell dearer than you buy

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

Long on Bullet Short on RISEx

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

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and RISEx is 0.020% dearer against Bullet than usual: you sell high and buy low: +$2 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	Bullet TAO-USD	318.56	0.0305	pay 0.0038% / 1h	6m 02s	$12K	$17K	20x
Short	RISEx TAO/USDC	318.62	0.0831	get 0.0104% / 1h	6m 02s	$452K	$662K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Bullet. 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 BulletbpFee RISExbpOrdersPrice spread, now +0.020%Rate

Funding earned: $110.6
Price spread: +0.020% → 0.000%: $2.02
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $98.62
Costs to cover: 0.140%
Break-even: 0.8 days

Slippage unknown: Bullet: no order-book sample; RISEx: live order book, 32 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 Bullet no order-book sample	—	—	—	—	—
Sell RISEx live order book, 32 min ago	2.68 bp	5.7 bp −$6	27.0 bp −$270	doesn't fit	doesn't fit

Bullet: 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 −0.0005%	1h	318.24	−0.100%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0065%	1h	318.55	−0.003%	$128K	$86K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.70	+0.044%	$49K	$716K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.70	+0.044%	$26.5M	$132.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.40	−0.050%	$14.8M	$52.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.57	+0.003%	$17.9M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.42	−0.044%	$35.9M	$58.1M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	318.50	−0.019%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.38	−0.057%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.61	+0.016%	$117K	$592K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TAO/USD [WBTC.b-USDC]	L +0.0103% / S +0.0138%	1h	318.40	−0.050%	$411K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	318.64	+0.025%	$652	$1.2M	5x	as long as short
ApeX Omni TAOUSDT	+0.0121%	1h	319.65	+0.342%	$46K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0128%	1h	318.81	+0.077%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0180%	4h	318.57	+0.003%	$52K	$295K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	319.75	+0.372%	$42K	$319K	10x	as long as short
Binance TAOUSDT	+0.0192%	4h	318.69	+0.042%	$93.2M	$533.6M	75x	as long as short
MEXC TAO_USDT	+0.0194%	4h	318.64	+0.025%	$104.2M	$152.9M	300x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.200%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0264%	8h	318.83	+0.083%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0278%	4h	318.53	−0.009%	—	$37.4M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	318.84	+0.088%	$70.1M	$157.3M	50x	as long as short
Bullet TAO-USDlong	+0.0305%	1h	318.56	long leg	$12K	$17K	20x
Pacifica TAO	+0.0313%	1h	318.89	+0.104%	$374K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0318%	4h	319.67	+0.347%	$544K	$896K	10x	as long as short
Aster TAOUSDT	+0.0353%	4h	318.69	+0.041%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0392%	1h	318.67	+0.033%	$906K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0435%	4h	319.14	+0.182%	$4.7M	$11.0M	100x	as long as short
Phemex TAOUSDT	+0.0447%	4h	318.55	−0.003%	$3.2M	$8.2M	50x	as long as short
Nado TAO-PERP	+0.0471%	1h	318.59	+0.010%	$779K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.01	+0.141%	$100K	$384K	5x	as long as short
Variational Omni TAO	+0.0568%	4h	319.84	+0.402%	$5.6M	$10.1M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0601%	1h	318.62	+0.018%	$15K	$1.9M	25x	as long as short
Phoenix TAO	+0.0629%	1h	319.90	+0.421%	$322K	$703K	5x	as long as short
Lighter TAO	+0.0648%	1h	318.98	+0.132%	$1.6M	$6.9M	5x	as long as short
01 Exchange TAOUSD	+0.0688%	1h	319.00	+0.138%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0697%	1h	318.70	+0.044%	$94.3M	$110.1M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	318.55	−0.002%	$366	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0713%	1h	318.82	+0.082%	$440K	$981K	10x	as long as short
RISEx TAO/USDCshort	+0.0831%	1h	318.62	+0.020%	$452K	$662K	5x
Kraken Futures PF_TAOUSD	+0.0831%	1h	318.79	+0.072%	$6.0M	$21.7M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.76	+0.377%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.218%	$23K	$2K	12x	as long as short