TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.075%

Price spread now: RISEx against Extended+0.178%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.384%+$38 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.178%, 7d avg +0.064%

Together, before fees+0.381%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.114% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TAO-USD	318.56	0.1120	pay 0.0140% / 1h	22m 49s	$926K	$2.3M	25x
Short	RISEx TAO/USDC	319.13	0.1141	get 0.0143% / 1h	22m 49s	$423K	$592K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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 ExtendedbpFee RISExbpOrdersPrice spread, now +0.178%Rate

Funding earned: $4.37
Price spread: +0.178% → +0.064%: $11.44
Slippage, 4 orders: −$8.65
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$3.84
Costs to cover: 0.197%
Break-even: 13.2 days

Slippage from Extended: live order book, 1 min ago; RISEx: live order book, 51 min ago.

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 Extended live order book, 1 min ago	0.94 bp	6.5 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit
Sell RISEx live order book, 51 min ago	0.48 bp	3.5 bp −$4	26.4 bp −$264	doesn't fit	doesn't fit

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	−0.1321%	1h	318.22	−0.106%	$169K	$44K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.00	+0.139%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	318.34	−0.070%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.99	+0.136%	$43K	$592K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.25	+0.217%	$91.9M	$447.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.00	+0.139%	$26.1M	$109.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.90	+0.108%	$12.9M	$50.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	318.92	+0.114%	$109.3M	$135.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.06	+0.158%	$18.2M	$29.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.87	+0.098%	$35.5M	$50.9M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	318.41	−0.046%	$40K	$292K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	318.34	−0.070%	$526K	$960K	10x	as long as short
Bullet TAO-USD	+0.0100%	1h	318.61	+0.016%	$12K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	318.45	−0.034%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.25	−0.096%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.82	+0.082%	$127K	$423K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	318.44	−0.037%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.02	+0.144%	$175K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0114%	8h	319.01	+0.142%	$738	$624K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0093%	1h	318.35	−0.066%	$458K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	318.49	−0.021%	$377K	$376K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.11	+0.173%	$84K	$550K	5x	as long as short
Aster TAOUSDT	+0.0226%	4h	318.73	+0.054%	$1.2M	$8.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0234%	8h	318.30	−0.080%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0241%	1h	318.52	−0.013%	$17K	$1.5M	25x	as long as short
Polymarket Perps TAO-USD	+0.0290%	1h	318.68	+0.038%	$93K	$635K	5x	as long as short
ApeX Omni TAOUSDT	+0.0316%	1h	317.14	−0.445%	$49K	$267K	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	318.41	−0.046%	$4.5M	$10.8M	100x	as long as short
BingX TAO-USDT	+0.0398%	4h	319.19	+0.199%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0460%	4h	318.45	−0.033%	$5.5M	$8.7M	—	as long as short
Kraken Futures PF_TAOUSD	+0.0481%	1h	318.47	−0.029%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	318.10	−0.144%	$333K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	322.97	+1.385%	$23K	$678	12x	as long as short
01 Exchange TAOUSD	+0.0584%	1h	319.05	+0.155%	$3K	$4K	5x	as long as short
Bybit TAOUSDT	+0.0595%	4h	319.35	+0.249%	$65.9M	$133.2M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	318.51	−0.016%	$366	—	20x	as long as short
Nado TAO-PERP	+0.0770%	1h	318.65	+0.030%	$891K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0832%	1h	318.66	+0.032%	$322K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.63	+0.023%	$1.5M	$6.3M	50x	as long as short
Extended TAO-USDlong	+0.1120%	1h	318.56	long leg	$926K	$2.3M	25x
RISEx TAO/USDCshort	+0.1141%	1h	319.13	+0.178%	$423K	$592K	5x
Lighter TAO	+0.1440%	1h	319.85	+0.405%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.1998%	1h	319.59	+0.324%	$103.3M	$91.0M	5x	as long as short