TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1045%/8h= +114.4% APRnext payment +$1.31 per $10,000 · paid last 24h +0.086%

Price spread now: Reya against Kraken Futures+0.048%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures 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

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Reya is 0.048% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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	Kraken Futures PF_TAOUSD	311.92	−0.0348	get 0.0044% / 1h	5m 15s	$5.5M	$20.7M	50x
Short	Reya TAORUSDPERP	312.07	0.0697	get 0.0087% / 1h	5m 15s	$359	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now +0.048%Rate

Funding earned: $219.47
Price spread: +0.048% → 0.000%: $4.78
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $208.25
Costs to cover: 0.160%
Break-even: 0.4 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; 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 Kraken Futures live order book, 4 min ago	7.38 bp	14.4 bp −$14	24.3 bp −$243	105.2 bp −$10.5K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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
Kraken Futures PF_TAOUSDlong	−0.0348%	1h	311.92	long leg	$5.5M	$20.7M	50x
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	311.84	−0.027%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0014%	1h	312.07	+0.048%	$124K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.14	+0.070%	$48K	$661K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	311.88	−0.014%	$638	$858K	5x	as long as short
Pacifica TAO	+0.0100%	1h	312.24	+0.102%	$355K	$416K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.04	+0.038%	$89.1M	$502.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.00	+0.025%	$26.0M	$120.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	311.80	−0.039%	$13.4M	$50.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.10	+0.057%	$103.3M	$145.8M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	312.09	+0.054%	$17.5M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	311.68	−0.078%	$35.0M	$56.6M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.50	−0.137%	$41K	$313K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	312.18	+0.084%	$530K	$942K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.06	+0.044%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	311.92	−0.001%	$81K	$905K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	312.16	+0.076%	$12K	$17K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.73	−0.062%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.73	−0.062%	$110K	$542K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	311.95	+0.009%	$3.1M	$8.0M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.06	+0.044%	$171K	$998	3x	as long as short
Aster TAOUSDT	+0.0109%	4h	312.04	+0.038%	$1.3M	$10.5M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0115%	4h	311.91	−0.004%	$52K	$290K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0135% / S +0.0137%	1h	311.77	−0.049%	$414K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0173%	8h	312.27	+0.111%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0231%	1h	312.35	+0.137%	$101K	$369K	5x	as long as short
BingX TAO-USDT	+0.0256%	4h	312.10	+0.057%	—	$33.8M	—	as long as short
Bybit TAOUSDT	+0.0287%	4h	312.09	+0.054%	$67.4M	$150.9M	50x	as long as short
Nado TAO-PERP	+0.0308%	1h	312.09	+0.053%	$788K	$2.2M	10x	as long as short
Extended TAO-USD	+0.0312%	1h	311.92	−0.002%	$908K	$2.4M	25x	as long as short
Variational Omni TAO	+0.0338%	4h	312.45	+0.169%	$5.5M	$10.1M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	312.08	+0.050%	$4.5M	$10.8M	100x	as long as short
Phoenix TAO	+0.0457%	1h	312.40	+0.153%	$311K	$711K	5x	as long as short
Hyperliquid TAO	+0.0461%	1h	312.14	+0.071%	$91.6M	$108.0M	5x	as long as short
Bulk TAO-USD	+0.0468%	1h	310.75	−0.376%	$165K	$333	10x	as long as short
Backpack TAO_USDC_PERP	+0.0481%	1h	312.48	+0.179%	$310K	$885K	10x	as long as short
01 Exchange TAOUSD	+0.0488%	1h	312.34	+0.134%	$3K	$4K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0524%	1h	311.98	+0.019%	$12K	$1.8M	25x	as long as short
Lighter TAO	+0.0600%	1h	312.26	+0.107%	$1.5M	$6.6M	5x	as long as short
Reya TAORUSDPERPshort	+0.0697%	1h	312.07	+0.048%	$359	—	20x
RISEx TAO/USDC	+0.0816%	1h	312.07	+0.047%	$442K	$648K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	312.37	+0.143%	$1.5M	$6.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	315.73	+1.221%	$23K	$2K	12x	as long as short