TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0694%/8h= −75.9% APRnext payment −$0.87 per $10,000 · paid last 24h −0.206%

Price spread now: gTrade (Gains Network) against Reya−0.098%7-day average — · you buy dearer than you sell

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

Long on Reya Short on gTrade (Gains Network)

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 against this trade now: funding costs −$21 a day on $10k at the current rate, and gTrade (Gains Network) is 0.098% cheaper against Reya than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TAORUSDPERP	318.55	0.0698	pay 0.0087% / 1h	5m 57s	$366	—	20x
Short	gTrade (Gains Network) TAO/USD	318.24	L +0.0004% / S −0.0005%	get 0.0001% / 1h	5m 57s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.098%Rate

Funding earned: −$145.64
Price spread: −0.098% → 0.000%: −$9.78
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$171.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 Reya no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and 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
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0005%	1h	318.24	−0.098%	$22K	—	150x
dYdX TAO-USD	+0.0065%	1h	318.55	−0.001%	$128K	$86K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.70	+0.046%	$49K	$716K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.70	+0.046%	$26.5M	$132.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.40	−0.048%	$14.8M	$52.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.57	+0.005%	$17.9M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.42	−0.042%	$35.9M	$58.1M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	318.50	−0.017%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.38	−0.055%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.61	+0.018%	$117K	$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 +0.0138%	1h	318.40	−0.048%	$411K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	318.64	+0.027%	$652	$1.2M	5x	as long as short
ApeX Omni TAOUSDT	+0.0121%	1h	319.65	+0.344%	$46K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0128%	1h	318.81	+0.079%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0180%	4h	318.57	+0.005%	$52K	$295K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	319.75	+0.374%	$42K	$319K	10x	as long as short
Binance TAOUSDT	+0.0192%	4h	318.69	+0.044%	$93.2M	$533.6M	75x	as long as short
MEXC TAO_USDT	+0.0194%	4h	318.64	+0.027%	$104.2M	$152.9M	300x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.198%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0264%	8h	318.83	+0.085%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0278%	4h	318.53	−0.007%	—	$37.4M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	318.84	+0.090%	$70.1M	$157.3M	50x	as long as short
Bullet TAO-USD	+0.0305%	1h	318.56	+0.002%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	318.89	+0.106%	$374K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0318%	4h	319.67	+0.349%	$544K	$896K	10x	as long as short
Aster TAOUSDT	+0.0353%	4h	318.69	+0.043%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0392%	1h	318.67	+0.035%	$906K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0435%	4h	319.14	+0.184%	$4.7M	$11.0M	100x	as long as short
Phemex TAOUSDT	+0.0447%	4h	318.55	−0.001%	$3.2M	$8.2M	50x	as long as short
Nado TAO-PERP	+0.0471%	1h	318.59	+0.012%	$779K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.01	+0.143%	$100K	$384K	5x	as long as short
Variational Omni TAO	+0.0568%	4h	319.84	+0.404%	$5.6M	$10.1M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0601%	1h	318.62	+0.020%	$15K	$1.9M	25x	as long as short
Phoenix TAO	+0.0629%	1h	319.90	+0.423%	$322K	$703K	5x	as long as short
Lighter TAO	+0.0648%	1h	318.98	+0.134%	$1.6M	$6.9M	5x	as long as short
01 Exchange TAOUSD	+0.0688%	1h	319.00	+0.140%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0697%	1h	318.70	+0.046%	$94.3M	$110.1M	5x	as long as short
Reya TAORUSDPERPlong	+0.0698%	1h	318.55	long leg	$366	—	20x
Backpack TAO_USDC_PERP	+0.0713%	1h	318.82	+0.084%	$440K	$981K	10x	as long as short
RISEx TAO/USDC	+0.0831%	1h	318.62	+0.022%	$452K	$662K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0831%	1h	318.79	+0.074%	$6.0M	$21.7M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.76	+0.379%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.220%	$23K	$2K	12x	as long as short