TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%

Price spread now: Orderly against SunX+0.072%7-day average +0.013% · you sell dearer than you buy

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

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.072%, 7d avg +0.013%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.059% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TAO-USDT	319.51	0.0100	pay 0.0050% / 4h	1h 10m	$2K	$2.0M	20x
Short	Orderly PERP_TAO_USDC	319.74	0.0128	get 0.0064% / 4h	1h 10m	$53K	$293K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.072%Rate

Funding earned: $5.91
Price spread: +0.072% → +0.013%: $5.91
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.18
Costs to cover: 0.140%
Break-even: 9.6 days

Slippage unknown: SunX: live order book, 6 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 SunX live order book, 6 min ago	500.21 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
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	−0.0237%	1h	320.94	+0.448%	$171K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.98	+0.147%	$128K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	319.62	+0.033%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.03	+0.163%	$44K	$705K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.10	−0.128%	$26.8M	$129.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.10	−0.128%	$14.4M	$52.3M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.32	−0.059%	$17.9M	$32.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.02	−0.153%	$35.8M	$58.1M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	320.33	+0.257%	$45K	$260K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.72	+0.066%	$85K	$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-USDTlong	+0.0100%	4h	319.51	long leg	$2K	$2.0M	20x
HTX TAO-USDT	+0.0100%	4h	318.75	−0.238%	$116K	$599K	20x	as long as short
Katana Perps TAO-USD	+0.0108%	8h	320.12	+0.191%	$2K	$1.1M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0114% / S +0.0153%	1h	319.54	+0.010%	$427K	—	100x	as long as short
Aevo TAO-PERP	+0.0128%	1h	319.84	+0.103%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDCshort	+0.0128%	4h	319.74	+0.072%	$53K	$293K	10x
Binance TAOUSDT	+0.0188%	4h	319.31	−0.063%	$92.8M	$528.3M	75x	as long as short
MEXC TAO_USDT	+0.0190%	4h	319.27	−0.075%	$107.1M	$151.3M	300x	as long as short
edgeX TAOUSDC	+0.0196%	4h	320.39	+0.276%	$42K	$317K	10x	as long as short
Paradex TAO-USD-PERP	+0.0254%	8h	320.33	+0.257%	$15K	$1K	10x	as long as short
Bybit TAOUSDT	+0.0286%	4h	319.31	−0.063%	$70.1M	$155.9M	50x	as long as short
BingX TAO-USDT	+0.0294%	4h	319.22	−0.091%	—	$35.1M	—	as long as short
Bullet TAO-USD	+0.0318%	1h	319.87	+0.113%	$12K	$17K	20x	as long as short
Aster TAOUSDT	+0.0355%	4h	319.21	−0.095%	$1.3M	$10.9M	50x	as long as short
Extended TAO-USD	+0.0368%	1h	319.21	−0.094%	$913K	$2.4M	25x	as long as short
GRVT TAO_USDT_Perp	+0.0386%	4h	320.29	+0.243%	$543K	$929K	10x	as long as short
Phemex TAOUSDT	+0.0411%	4h	319.90	+0.122%	$3.3M	$8.1M	50x	as long as short
BloFin TAO-USDT	+0.0431%	4h	319.50	−0.003%	$4.7M	$11.1M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0505%	1h	319.68	+0.052%	$15K	$2.0M	25x	as long as short
Nado TAO-PERP	+0.0512%	1h	319.99	+0.149%	$793K	$2.0M	10x	as long as short
Variational Omni TAO	+0.0513%	4h	319.68	+0.052%	$5.7M	$10.2M	—	as long as short
Pacifica TAO	+0.0525%	1h	320.33	+0.257%	$365K	$428K	10x	as long as short
Phoenix TAO	+0.0567%	1h	320.70	+0.372%	$319K	$709K	5x	as long as short
Hyperliquid TAO	+0.0612%	1h	319.71	+0.063%	$94.6M	$110.2M	5x	as long as short
01 Exchange TAOUSD	+0.0632%	1h	320.26	+0.235%	$3K	$4K	5x	as long as short
Lighter TAO	+0.0632%	1h	319.79	+0.086%	$1.6M	$6.8M	5x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.26	+0.235%	$103K	$389K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0690%	1h	319.66	+0.047%	$298K	$905K	10x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.69	+0.056%	$368	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	320.63	+0.351%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	320.13	+0.196%	$441K	$675K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1154%	1h	319.77	+0.083%	$6.0M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	325.94	+2.012%	$24K	$2K	12x	as long as short