TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0304%/8h= −33.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.151%

Price spread now: 01 Exchange against Coinbase International−0.134%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on 01 Exchange

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 against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.134% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TAO-PERP-INTX	321.04	0.0944	pay 0.0118% / 1h	43m 46s	$1.5M	$6.9M	50x
Short	01 Exchange TAOUSD	320.61	0.0640	get 0.0080% / 1h	43m 46s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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 Coinbase InternationalbpFee 01 ExchangebpOrdersPrice spread, now −0.134%Rate

Funding earned: −$63.84
Price spread: −0.134% → 0.000%: −$13.39
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$94.23
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 min ago; 01 Exchange: 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 Coinbase International live order book, 5 min ago	8.56 bp	13.6 bp −$14	18.5 bp −$185	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Bulk TAO-USD	−0.2101%	1h	320.87	−0.053%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	320.04	−0.313%	$128K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.84	−0.375%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.33	−0.221%	$41K	$695K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.00	−0.324%	$26.6M	$129.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.60	−0.449%	$14.2M	$51.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.92	−0.349%	$17.8M	$32.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.70	−0.417%	$35.9M	$58.3M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	320.44	−0.187%	$45K	$258K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.10	−0.293%	$75K	$1.1M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	319.93	−0.346%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	319.75	−0.402%	$118K	$589K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	320.21	−0.259%	$3.3M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	320.21	−0.259%	$727	$992K	5x	as long as short
Aevo TAO-PERP	+0.0120%	1h	320.06	−0.304%	$176K	$998	3x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0121% / S +0.0156%	1h	319.84	−0.375%	$433K	—	100x	as long as short
Orderly PERP_TAO_USDC	+0.0123%	4h	320.04	−0.311%	$53K	$293K	10x	as long as short
MEXC TAO_USDT	+0.0150%	4h	319.83	−0.377%	$105.1M	$149.6M	300x	as long as short
edgeX TAOUSDC	+0.0153%	4h	320.18	−0.267%	$42K	$318K	10x	as long as short
Binance TAOUSDT	+0.0156%	4h	320.01	−0.321%	$92.6M	$527.0M	75x	as long as short
Paradex TAO-USD-PERP	+0.0264%	8h	320.15	−0.276%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0312%	4h	320.05	−0.307%	$1.3M	$10.9M	50x	as long as short
BingX TAO-USDT	+0.0386%	4h	319.92	−0.349%	—	$34.4M	—	as long as short
Bullet TAO-USD	+0.0387%	1h	320.22	−0.255%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0390%	4h	320.36	−0.212%	$4.7M	$11.1M	100x	as long as short
Bybit TAOUSDT	+0.0398%	4h	320.03	−0.315%	$69.9M	$155.9M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0408%	4h	319.77	−0.395%	$544K	$948K	10x	as long as short
Extended TAO-USD	+0.0488%	1h	319.81	−0.382%	$917K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	320.22	−0.255%	$365K	$423K	10x	as long as short
Variational Omni TAO	+0.0538%	4h	319.36	−0.524%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	320.30	−0.231%	$319K	$709K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0573%	1h	319.97	−0.334%	$14K	$1.9M	25x	as long as short
01 Exchange TAOUSDshort	+0.0640%	1h	320.61	−0.134%	$3K	$4K	5x
Backpack TAO_USDC_PERP	+0.0641%	1h	319.97	−0.333%	$300K	$908K	10x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.60	−0.137%	$103K	$394K	5x	as long as short
Nado TAO-PERP	+0.0643%	1h	320.27	−0.239%	$802K	$2.2M	10x	as long as short
Hyperliquid TAO	+0.0667%	1h	320.17	−0.271%	$94.6M	$110.1M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	320.18	−0.269%	$368	—	20x	as long as short
Lighter TAO	+0.0856%	1h	320.32	−0.223%	$1.5M	$6.7M	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0944%	1h	321.04	long leg	$1.5M	$6.9M	50x
RISEx TAO/USDC	+0.1077%	1h	320.29	−0.234%	$463K	$665K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1153%	1h	320.09	−0.296%	$6.1M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	328.25	+2.246%	$24K	$2K	12x	as long as short