TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0812%/8h= +88.9% APRnext payment +$1.01 per $10,000 · paid last 24h +0.190%

Price spread now: RISEx against gTrade (Gains Network)+0.110%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on RISEx

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

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and RISEx is 0.110% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 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	gTrade (Gains Network) TAO/USD	311.11	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	39m 00s	$20K	—	150x
Short	RISEx TAO/USDC	311.45	0.0816	get 0.0102% / 1h	39m 00s	$441K	$660K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee RISExbpOrdersPrice spread, now +0.110%Rate

Funding earned: $170.48
Price spread: +0.110% → 0.000%: $10.96
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $165.45
Costs to cover: 0.160%
Break-even: 0.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; RISEx: live order book, 15 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell RISEx live order book, 15 min ago	1.59 bp	4.6 bp −$5	28.0 bp −$280	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Kraken Futures PF_TAOUSD	−0.0349%	1h	311.33	+0.070%	$5.5M	$20.7M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	310.87	−0.079%	$124K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	311.11	long leg	$20K	—	150x
Popdex TAOUSDT	+0.0096%	1h	311.47	+0.115%	$46K	$656K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	311.21	+0.031%	$1K	$818K	5x	as long as short
Pacifica TAO	+0.0100%	1h	311.36	+0.080%	$355K	$414K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	311.50	+0.125%	$89.4M	$499.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	311.60	+0.157%	$67.0M	$150.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	311.50	+0.125%	$25.9M	$120.4M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	311.10	−0.004%	$13.0M	$49.8M	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	311.59	+0.154%	$101.5M	$144.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	311.40	+0.093%	$17.7M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	311.37	+0.083%	$34.8M	$56.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	311.32	+0.067%	—	$33.3M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.22	+0.034%	$41K	$312K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.58	+0.149%	$528K	$955K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	311.53	+0.134%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	311.25	+0.044%	$81K	$889K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.42	+0.100%	$11K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.20	+0.028%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	310.73	−0.123%	$109K	$539K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	311.42	+0.100%	$171K	$998	3x	as long as short
Aster TAOUSDT	+0.0106%	4h	311.32	+0.068%	$1.2M	$10.4M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0116%	4h	311.33	+0.070%	$52K	$277K	10x	as long as short
Bulk TAO-USD	+0.0125%	1h	311.89	+0.250%	$166K	$333	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0140% / S +0.0132%	1h	311.07	−0.013%	$413K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0150%	8h	311.26	+0.049%	$14K	$1K	10x	as long as short
Extended TAO-USD	+0.0224%	1h	311.50	+0.123%	$904K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0231%	1h	311.64	+0.170%	$101K	$394K	5x	as long as short
Nado TAO-PERP	+0.0294%	1h	311.30	+0.061%	$790K	$2.2M	10x	as long as short
Hyperliquid TAO	+0.0297%	1h	311.48	+0.119%	$91.4M	$107.2M	5x	as long as short
Variational Omni TAO	+0.0303%	4h	311.43	+0.102%	$5.5M	$10.0M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.31	+0.064%	$4.5M	$10.8M	100x	as long as short
01 Exchange TAOUSD	+0.0448%	1h	311.66	+0.176%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0452%	1h	311.42	+0.099%	$309K	$886K	10x	as long as short
Phemex TAOUSDT	+0.0452%	4h	311.39	+0.089%	$3.2M	$8.0M	50x	as long as short
Phoenix TAO	+0.0457%	1h	311.50	+0.125%	$310K	$711K	5x	as long as short
Lighter TAO	+0.0480%	1h	311.68	+0.182%	$1.5M	$6.5M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0640%	1h	311.36	+0.080%	$19K	$1.8M	25x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	311.44	+0.106%	$358	—	20x	as long as short
RISEx TAO/USDCshort	+0.0816%	1h	311.45	+0.110%	$441K	$660K	5x
Coinbase International TAO-PERP-INTX	+0.0952%	1h	311.92	+0.260%	$1.5M	$6.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	314.53	+1.099%	$23K	$2K	12x	as long as short