TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.063%

Price spread now: Reya against 01 Exchange−0.117%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 Reya

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

Funding pays, the price is against you. Reya is 0.117% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	315.90	0.0608	pay 0.0076% / 1h	45m 11s	$3K	$2K	5x
Short	Reya TAORUSDPERP	315.53	0.0699	get 0.0087% / 1h	45m 11s	$363	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.117%Rate

Funding earned: $19.13
Price spread: −0.117% → 0.000%: −$11.73
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$5.6
Costs to cover: 0.130%
Break-even: 9.0 days

Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

01 Exchange and 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	315.42	−0.152%	$19K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.71	−0.060%	$50K	$632K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.70	−0.063%	$26.8M	$127.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.30	−0.190%	$15.7M	$47.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.48	−0.133%	$17.5M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.34	−0.177%	$35.8M	$55.9M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	315.83	−0.022%	$45K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	315.38	−0.165%	$81K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.34	−0.177%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.08	−0.260%	$112K	$567K	20x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps TAO-USD	+0.0104%	8h	315.41	−0.155%	$1K	$1.3M	5x	as long as short
Aevo TAO-PERP	+0.0112%	1h	315.61	−0.092%	$173K	$998	3x	as long as short
Bybit TAOUSDT	+0.0119%	4h	315.82	−0.025%	$69.1M	$155.7M	50x	as long as short
Binance TAOUSDT	+0.0135%	4h	315.64	−0.082%	$92.8M	$511.0M	75x	as long as short
edgeX TAOUSDC	+0.0136%	4h	315.81	−0.029%	$42K	$324K	10x	as long as short
MEXC TAO_USDT	+0.0136%	4h	315.70	−0.063%	$105.9M	$147.7M	300x	as long as short
BingX TAO-USDT	+0.0140%	4h	315.54	−0.114%	—	$38.0M	—	as long as short
Lighter TAO	+0.0192%	1h	315.64	−0.083%	$1.6M	$6.6M	5x	as long as short
Extended TAO-USD	+0.0200%	1h	315.49	−0.130%	$954K	$2.1M	25x	as long as short
Paradex TAO-USD-PERP	+0.0200%	8h	315.58	−0.101%	$14K	$876	10x	as long as short
Phemex TAOUSDT	+0.0219%	4h	315.67	−0.073%	$3.2M	$8.1M	50x	as long as short
Pacifica TAO	+0.0240%	1h	315.54	−0.115%	$374K	$456K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0246%	4h	316.07	+0.053%	$539K	$795K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0252%	4h	315.53	−0.117%	$53K	$262K	10x	as long as short
Bullet TAO-USD	+0.0258%	1h	315.66	−0.076%	$12K	$16K	20x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0288%	1h	315.50	−0.128%	$15K	$1.9M	25x	as long as short
Aster TAOUSDT	+0.0298%	4h	315.60	−0.095%	$1.2M	$11.2M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0359% / S −0.0107%	1h	315.25	−0.205%	$371K	—	100x	as long as short
BloFin TAO-USDT	+0.0376%	4h	315.50	−0.127%	$4.9M	$10.5M	100x	as long as short
Nado TAO-PERP	+0.0385%	1h	315.50	−0.127%	$694K	$2.0M	10x	as long as short
Variational Omni TAO	+0.0452%	4h	315.92	+0.008%	$5.6M	$9.9M	—	as long as short
Hyperliquid TAO	+0.0479%	1h	315.73	−0.054%	$95.0M	$107.1M	5x	as long as short
01 Exchange TAOUSDlong	+0.0608%	1h	315.90	long leg	$3K	$2K	5x
Arcus TAO-USD	+0.0610%	1h	315.93	+0.009%	$100K	$310K	5x	as long as short
Bulk TAO-USD	+0.0627%	1h	316.13	+0.073%	$168K	$0	10x	as long as short
Phoenix TAO	+0.0650%	1h	316.10	+0.063%	$318K	$710K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0664%	1h	315.64	−0.082%	$296K	$1.1M	10x	as long as short
RISEx TAO/USDC	+0.0666%	1h	315.54	−0.113%	$436K	$672K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0688%	1h	315.80	−0.032%	$1.1M	$7.6M	50x	as long as short
Reya TAORUSDPERPshort	+0.0699%	1h	315.53	−0.117%	$363	—	20x
dYdX TAO-USD	+0.0767%	1h	315.21	−0.220%	$266K	$230K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0933%	1h	315.67	−0.073%	$6.2M	$19.5M	50x	as long as short
Injective TAO/USDC PERP	+0.4405%	1h	320.28	+1.387%	$23K	$2K	12x	as long as short