TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.001%

Price spread now: Orderly against MEXC−0.012%7-day average +0.011% · you buy dearer than you sell

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

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.012%, 7d avg +0.011%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TAO_USDT	322.28	0.0170	pay 0.0085% / 4h	1h 25m	$107.6M	$150.4M	300x
Short	Orderly PERP_TAO_USDC	322.24	0.0126	get 0.0063% / 4h	1h 25m	$53K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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 MEXCbpFee OrderlybpOrdersPrice spread, now −0.012%Rate

Funding earned: −$9.24
Price spread: −0.012% → +0.011%: −$2.37
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$17.61
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; Orderly: 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 MEXC live order book, 3 min ago	1.57 bp	2.7 bp −$3	11.0 bp −$110	26.8 bp −$2,681	87.5 bp −$43.7K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.1995%	1h	319.47	−0.872%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	321.65	−0.197%	$128K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	321.77	−0.159%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	322.24	−0.012%	$43K	$705K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	322.30	+0.006%	$26.9M	$131.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	322.00	−0.087%	$14.4M	$52.0M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	322.21	−0.022%	$18.0M	$32.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	322.00	−0.087%	$36.2M	$58.4M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	319.84	−0.757%	$45K	$259K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	322.18	−0.031%	$89K	$1.2M	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	322.13	−0.047%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	321.65	−0.195%	$117K	$597K	20x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	322.14	−0.043%	$731	$1.0M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0118% / S +0.0150%	1h	320.83	−0.449%	$429K	—	100x	as long as short
Aevo TAO-PERP	+0.0120%	1h	322.20	−0.025%	$177K	$998	3x	as long as short
Orderly PERP_TAO_USDCshort	+0.0126%	4h	322.24	−0.012%	$53K	$292K	10x
MEXC TAO_USDTlong	+0.0170%	4h	322.28	long leg	$107.6M	$150.4M	300x
edgeX TAOUSDC	+0.0170%	4h	319.71	−0.798%	$42K	$316K	10x	as long as short
Binance TAOUSDT	+0.0171%	4h	322.32	+0.013%	$93.3M	$529.5M	75x	as long as short
Phemex TAOUSDT	+0.0262%	4h	322.39	+0.034%	$3.3M	$8.1M	50x	as long as short
Paradex TAO-USD-PERP	+0.0278%	8h	321.99	−0.091%	$15K	$1K	10x	as long as short
BingX TAO-USDT	+0.0324%	4h	322.16	−0.037%	—	$34.6M	—	as long as short
Aster TAOUSDT	+0.0347%	4h	322.13	−0.047%	$1.3M	$10.9M	50x	as long as short
Bybit TAOUSDT	+0.0350%	4h	322.47	+0.059%	$70.8M	$156.2M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0396%	4h	319.57	−0.840%	$544K	$940K	10x	as long as short
Bullet TAO-USD	+0.0399%	1h	322.20	−0.024%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0411%	4h	321.16	−0.348%	$4.7M	$11.1M	100x	as long as short
Extended TAO-USD	+0.0464%	1h	322.16	−0.039%	$918K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	321.51	−0.240%	$366K	$423K	10x	as long as short
Nado TAO-PERP	+0.0533%	1h	322.16	−0.038%	$804K	$2.0M	10x	as long as short
Variational Omni TAO	+0.0541%	4h	320.05	−0.692%	$5.7M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	319.40	−0.894%	$318K	$709K	5x	as long as short
Arcus TAO-USD	+0.0641%	1h	322.21	−0.022%	$104K	$389K	5x	as long as short
01 Exchange TAOUSD	+0.0648%	1h	322.81	+0.164%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0660%	1h	322.64	+0.112%	$95.3M	$110.4M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	322.16	−0.037%	$370	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0733%	1h	322.76	+0.149%	$301K	$905K	10x	as long as short
Lighter TAO	+0.0760%	1h	322.62	+0.105%	$1.6M	$6.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	322.86	+0.180%	$1.5M	$6.9M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0973%	1h	322.37	+0.028%	$15K	$1.9M	25x	as long as short
RISEx TAO/USDC	+0.1077%	1h	322.13	−0.045%	$461K	$666K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1145%	1h	322.50	+0.067%	$6.0M	$21.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	323.44	+0.360%	$24K	$2K	12x	as long as short