TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.116%

Price spread now: Coinbase International against 01 Exchange−0.041%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Coinbase International

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—needs both histories

Funding pays, the price is against you. Coinbase International is 0.041% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	313.84	0.0616	pay 0.0077% / 1h	32m 05s	$3K	$4K	5x
Short	Coinbase International TAO-PERP-INTX	313.71	0.0936	get 0.0117% / 1h	32m 05s	$1.5M	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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 01 ExchangebpFee Coinbase InternationalbpOrdersPrice spread, now −0.041%Rate

Funding earned: $67.2
Price spread: −0.041% → 0.000%: −$4.14
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $46.06
Costs to cover: 0.170%
Break-even: 2.2 days

Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 2 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 2 min ago	6.85 bp	13.6 bp −$14	14.7 bp −$147	doesn't fit	doesn't fit

01 Exchange: 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	−1.0220%	1h	313.13	−0.225%	$209K	$54K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	313.15	−0.220%	$131K	$95K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	313.02	−0.261%	$27K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.31	−0.169%	$36K	$507K	20x	as long as short
Pacifica TAO	+0.0100%	1h	313.56	−0.089%	$365K	$396K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.18	+0.107%	$89.0M	$381.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.00	+0.051%	$25.8M	$89.1M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	313.84	0.000%	$141K	$585K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.30	+0.147%	$12.5M	$47.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.29	+0.143%	$106.2M	$115.2M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	313.93	+0.029%	$20.2M	$24.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.31	+0.150%	$35.4M	$42.1M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	314.42	+0.185%	—	$29.9M	—	as long as short
Variational Omni TAO	+0.0100%	4h	313.60	−0.077%	$3.5M	$6.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	312.30	−0.491%	$40K	$274K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	313.48	−0.115%	$551K	$933K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.28	−0.497%	$48K	$268K	50x	as long as short
Bullet TAO-USD	+0.0100%	1h	313.15	−0.219%	$12K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.28	−0.178%	$60K	$277K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.55	−0.092%	$1K	$1.7M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.26	+0.134%	$125K	$354K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.12	+0.089%	$3.3M	$7.9M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	313.34	−0.159%	$90K	$636K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.74	−0.031%	$172K	$998	3x	as long as short
Bybit TAOUSDT	+0.0106%	4h	314.18	+0.108%	$60.3M	$112.0M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0119%	1h	313.38	−0.148%	$17K	$1.3M	25x	as long as short
Katana Perps TAO-USD	+0.0121%	8h	313.44	−0.127%	$896	$378K	5x	as long as short
Paradex TAO-USD-PERP	+0.0196%	8h	313.29	−0.176%	$15K	$992	10x	as long as short
Aster TAOUSDT	+0.0215%	4h	313.73	−0.034%	$1.7M	$7.1M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.14	+0.096%	$4.3M	$9.4M	100x	as long as short
Phoenix TAO	+0.0365%	1h	313.20	−0.204%	$332K	$326K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0392%	1h	314.14	+0.094%	$6.3M	$17.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0490% / S −0.0188%	1h	312.93	−0.291%	$463K	—	100x	as long as short
Backpack TAO_USDC_PERP	+0.0576%	1h	314.81	+0.309%	$403K	$555K	10x	as long as short
Extended TAO-USD	+0.0584%	1h	313.59	−0.080%	$937K	$1.8M	25x	as long as short
01 Exchange TAOUSDlong	+0.0616%	1h	313.84	long leg	$3K	$4K	5x
RISEx TAO/USDC	+0.0688%	1h	313.54	−0.096%	$411K	$526K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	313.15	−0.220%	$360	—	20x	as long as short
Nado TAO-PERP	+0.0699%	1h	313.23	−0.194%	$1.1M	$1.5M	10x	as long as short
Coinbase International TAO-PERP-INTXshort	+0.0936%	1h	313.71	−0.041%	$1.5M	$5.4M	50x
Lighter TAO	+0.2016%	1h	315.14	+0.415%	$2.0M	$3.5M	5x	as long as short
Hyperliquid TAO	+0.2508%	1h	315.57	+0.551%	$96.0M	$66.8M	5x	as long as short
Injective TAO/USDC PERP	+0.3384%	1h	316.14	+0.733%	$23K	$137	12x	as long as short