TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0602%/8h= +65.9% APRnext payment +$0.75 per $10,000 · paid last 24h +0.179%

Price spread now: Reya against Popdex−0.054%7-day average — · you buy dearer than you sell

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

Long on Popdex Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.054% cheaper against Popdex than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex TAOUSDT	319.23	0.0096	pay 0.0012% / 1h	7m 19s	$49K	$716K	20x
Short	Reya TAORUSDPERP	319.06	0.0698	get 0.0087% / 1h	7m 19s	$367	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Popdex. 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 PopdexbpFee ReyabpOrdersPrice spread, now −0.054%Rate

Funding earned: $126.46
Price spread: −0.054% → 0.000%: −$5.42
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Reya: 3 bp × 2 orders: −$6
Net: $108.64
Costs to cover: 0.124%
Break-even: 1.0 days

Slippage unknown: Popdex: live order book, 32 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 Popdex live order book, 32 min ago	2.21 bp	10.1 bp −$10	72.5 bp −$725	doesn't fit	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	318.84	−0.122%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0066%	1h	318.86	−0.115%	$128K	$86K	5x	as long as short
Popdex TAOUSDTlong	+0.0096%	1h	319.23	long leg	$49K	$716K	20x
OKX TAO-USDT-SWAP	+0.0100%	8h	318.90	−0.103%	$26.5M	$132.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.80	−0.135%	$14.8M	$52.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.05	−0.056%	$17.9M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.75	−0.150%	$36.0M	$58.1M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.02	−0.066%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.73	−0.157%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.08	−0.360%	$116K	$592K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TAO/USD [WBTC.b-USDC]	L +0.0103% / S +0.0137%	1h	318.64	−0.186%	$411K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	318.98	−0.078%	$653	$1.2M	5x	as long as short
ApeX Omni TAOUSDT	+0.0121%	1h	319.65	+0.132%	$46K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0128%	1h	319.08	−0.045%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0180%	4h	318.97	−0.081%	$52K	$295K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	319.75	+0.161%	$42K	$319K	10x	as long as short
MEXC TAO_USDT	+0.0194%	4h	319.11	−0.038%	$104.4M	$152.8M	300x	as long as short
Binance TAOUSDT	+0.0195%	4h	319.08	−0.048%	$93.3M	$533.6M	75x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.409%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0265%	8h	319.00	−0.073%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0278%	4h	319.00	−0.072%	—	$37.4M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	319.13	−0.031%	$70.2M	$157.2M	50x	as long as short
Bullet TAO-USD	+0.0306%	1h	319.06	−0.053%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	319.00	−0.071%	$374K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0318%	4h	319.67	+0.137%	$544K	$896K	10x	as long as short
Aster TAOUSDT	+0.0356%	4h	319.11	−0.037%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0392%	1h	318.92	−0.096%	$906K	$2.4M	25x	as long as short
Phemex TAOUSDT	+0.0434%	4h	318.88	−0.110%	$3.2M	$8.1M	50x	as long as short
BloFin TAO-USDT	+0.0435%	4h	319.14	−0.028%	$4.7M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0467%	1h	319.13	−0.031%	$782K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.46	+0.072%	$101K	$384K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0562%	1h	318.93	−0.093%	$15K	$1.9M	25x	as long as short
Variational Omni TAO	+0.0568%	4h	319.84	+0.191%	$5.6M	$10.1M	—	as long as short
Phoenix TAO	+0.0629%	1h	319.90	+0.210%	$322K	$703K	5x	as long as short
Lighter TAO	+0.0632%	1h	319.19	−0.012%	$1.6M	$6.9M	5x	as long as short
01 Exchange TAOUSD	+0.0688%	1h	319.56	+0.103%	$3K	$4K	5x	as long as short
Reya TAORUSDPERPshort	+0.0698%	1h	319.06	−0.054%	$367	—	20x
Hyperliquid TAO	+0.0700%	1h	319.32	+0.028%	$94.5M	$110.1M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0703%	1h	319.29	+0.019%	$417K	$969K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0831%	1h	319.06	−0.054%	$6.0M	$21.7M	50x	as long as short
RISEx TAO/USDC	+0.0831%	1h	319.19	−0.013%	$452K	$662K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.76	+0.166%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.006%	$23K	$2K	12x	as long as short