TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.1% APRnext payment +$1.33 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against SunX+0.012%7-day average −0.001% · you sell dearer than you buy

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

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.012%, 7d avg −0.001%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TAO-USDT	320.38	0.0100	pay 0.0050% / 4h	1h 47m	$1K	$2.0M	20x
Short	BingX TAO-USDT	320.42	0.0366	get 0.0183% / 4h	1h 47m	—	$34.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $55.86
Price spread: +0.012% → −0.001%: $1.38
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $39.24
Costs to cover: 0.180%
Break-even: 2.1 days

Slippage unknown: SunX: live order book, 8 min ago; BingX: live order book, 6 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 SunX live order book, 8 min ago	500.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	1.09 bp	6.6 bp −$7	12.9 bp −$129	29.9 bp −$2,990	74.4 bp −$37.2K

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	−0.2101%	1h	320.87	+0.153%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.84	−0.170%	$128K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	320.32	−0.018%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.37	−0.003%	$40K	$694K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.00	−0.119%	$26.6M	$129.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.10	−0.087%	$14.2M	$51.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	320.50	+0.037%	$17.6M	$31.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	320.07	−0.097%	$36.0M	$58.1M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	320.78	+0.125%	$45K	$258K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.47	+0.028%	$76K	$1.1M	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-USDTlong	+0.0100%	4h	320.38	long leg	$1K	$2.0M	20x
HTX TAO-USDT	+0.0100%	4h	319.91	−0.147%	$117K	$585K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	320.74	+0.112%	$3.3M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	320.32	−0.019%	$2K	$992K	5x	as long as short
Aevo TAO-PERP	+0.0120%	1h	320.81	+0.136%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0121%	4h	320.68	+0.094%	$53K	$293K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0122% / S +0.0155%	1h	320.26	−0.038%	$433K	—	100x	as long as short
edgeX TAOUSDC	+0.0148%	4h	320.94	+0.175%	$42K	$316K	10x	as long as short
MEXC TAO_USDT	+0.0152%	4h	320.52	+0.044%	$105.2M	$149.4M	300x	as long as short
Binance TAOUSDT	+0.0152%	4h	320.32	−0.018%	$92.8M	$526.2M	75x	as long as short
Paradex TAO-USD-PERP	+0.0264%	8h	320.51	+0.041%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0306%	4h	320.33	−0.015%	$1.3M	$10.9M	50x	as long as short
BingX TAO-USDTshort	+0.0366%	4h	320.42	+0.012%	—	$34.4M	—
Bullet TAO-USD	+0.0369%	1h	320.74	+0.112%	$12K	$17K	20x	as long as short
Bybit TAOUSDT	+0.0389%	4h	320.16	−0.069%	$69.9M	$155.7M	50x	as long as short
BloFin TAO-USDT	+0.0393%	4h	320.43	+0.016%	$4.7M	$11.1M	100x	as long as short
GRVT TAO_USDT_Perp	+0.0424%	4h	322.11	+0.539%	$548K	$948K	10x	as long as short
Extended TAO-USD	+0.0480%	1h	320.42	+0.014%	$914K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	320.60	+0.069%	$365K	$423K	10x	as long as short
Variational Omni TAO	+0.0536%	4h	321.98	+0.498%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	321.70	+0.412%	$320K	$709K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0589%	1h	320.63	+0.078%	$14K	$1.9M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0607%	1h	320.77	+0.122%	$319K	$899K	10x	as long as short
Nado TAO-PERP	+0.0636%	1h	320.86	+0.149%	$802K	$2.2M	10x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.73	+0.109%	$103K	$394K	5x	as long as short
01 Exchange TAOUSD	+0.0656%	1h	320.61	+0.072%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0674%	1h	320.61	+0.071%	$94.8M	$109.9M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	320.59	+0.066%	$369	—	20x	as long as short
Lighter TAO	+0.0872%	1h	320.51	+0.040%	$1.5M	$6.6M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	322.95	+0.802%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	320.34	−0.013%	$461K	$665K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1151%	1h	320.82	+0.137%	$6.1M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	328.25	+2.456%	$24K	$2K	12x	as long as short