TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0599%/8h= −65.6% APRnext payment −$0.75 per $10,000 · paid last 24h −0.167%

Price spread now: ApeX Omni against Reya+0.171%7-day average — · you sell dearer than you buy

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

Long on Reya Short on ApeX Omni

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

The price spread pays, funding is against you. ApeX Omni is 0.171% dearer against Reya than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TAORUSDPERP	317.04	0.0699	pay 0.0087% / 1h	8m 52s	$365	—	20x
Short	ApeX Omni TAOUSDT	317.58	0.0100	get 0.0013% / 1h	8m 52s	$45K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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 ReyabpFee ApeX OmnibpOrdersPrice spread, now +0.171%Rate

Funding earned: −$125.78
Price spread: +0.171% → 0.000%: $17.15
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$124.63
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 41 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 Reya no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 41 min ago	5.33 bp	12.9 bp −$13	123.7 bp −$1,237	doesn't fit	doesn't fit

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 exchanges

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 −0.0003%	1h	316.72	−0.099%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.16	+0.039%	$51K	$632K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	317.52	+0.153%	$69.6M	$155.8M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.30	+0.083%	$26.9M	$129.1M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	318.16	+0.354%	$169K	$0	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.20	+0.052%	$15.7M	$49.3M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.50	+0.146%	$17.6M	$31.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	317.22	+0.058%	$35.9M	$56.6M	50x	as long as short
ApeX Omni TAOUSDTshort	+0.0100%	1h	317.58	+0.171%	$45K	$254K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	316.71	−0.103%	$81K	$1.1M	5x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	316.91	−0.040%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.58	−0.144%	$117K	$556K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	317.24	+0.064%	$3.2M	$8.0M	50x	as long as short
Katana Perps TAO-USD	+0.0105%	8h	316.90	−0.043%	$894	$1.3M	5x	as long as short
Aevo TAO-PERP	+0.0112%	1h	317.23	+0.060%	$174K	$998	3x	as long as short
Binance TAOUSDT	+0.0135%	4h	317.51	+0.149%	$93.3M	$515.1M	75x	as long as short
MEXC TAO_USDT	+0.0136%	4h	317.57	+0.168%	$111.8M	$152.3M	300x	as long as short
BingX TAO-USDT	+0.0138%	4h	317.54	+0.159%	—	$37.9M	—	as long as short
edgeX TAOUSDC	+0.0140%	4h	317.43	+0.125%	$42K	$322K	10x	as long as short
Paradex TAO-USD-PERP	+0.0203%	8h	316.98	−0.016%	$14K	$876	10x	as long as short
Orderly PERP_TAO_USDC	+0.0254%	4h	317.10	+0.020%	$53K	$262K	10x	as long as short
Extended TAO-USD	+0.0256%	1h	317.47	+0.138%	$956K	$2.1M	25x	as long as short
GRVT TAO_USDT_Perp	+0.0260%	4h	316.82	−0.068%	$540K	$824K	10x	as long as short
Pacifica TAO	+0.0301%	1h	317.07	+0.011%	$370K	$445K	10x	as long as short
Aster TAOUSDT	+0.0307%	4h	317.45	+0.131%	$1.2M	$11.3M	50x	as long as short
Lighter TAO	+0.0360%	1h	317.52	+0.152%	$1.6M	$6.7M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0360% / S −0.0107%	1h	317.23	+0.062%	$372K	—	100x	as long as short
Arcus TAO-USD	+0.0364%	1h	317.23	+0.061%	$100K	$325K	5x	as long as short
BloFin TAO-USDT	+0.0375%	4h	317.34	+0.096%	$4.9M	$10.4M	100x	as long as short
Bullet TAO-USD	+0.0395%	1h	317.18	+0.046%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0417%	4h	317.36	+0.103%	$5.7M	$9.8M	—	as long as short
Nado TAO-PERP	+0.0437%	1h	317.00	−0.012%	$697K	$2.0M	10x	as long as short
dYdX TAO-USD	+0.0553%	1h	316.82	−0.068%	$267K	$235K	5x	as long as short
Phoenix TAO	+0.0567%	1h	317.30	+0.083%	$319K	$712K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0665%	1h	317.77	+0.231%	$297K	$1.1M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0685%	1h	317.38	+0.108%	$6.2M	$19.6M	50x	as long as short
Reya TAORUSDPERPlong	+0.0699%	1h	317.04	long leg	$365	—	20x
RISEx TAO/USDC	+0.0701%	1h	317.04	0.000%	$439K	$695K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0715%	1h	317.20	+0.053%	$15K	$1.9M	25x	as long as short
Hyperliquid TAO	+0.0754%	1h	317.68	+0.203%	$95.8M	$107.1M	5x	as long as short
01 Exchange TAOUSD	+0.0784%	1h	317.37	+0.105%	$3K	$2K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0832%	1h	317.39	+0.112%	$1.1M	$7.7M	50x	as long as short
Injective TAO/USDC PERP	+0.3320%	1h	320.96	+1.238%	$23K	$2K	12x	as long as short