TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0844%/8h= +92.4% APRnext payment +$1.05 per $10,000 · paid last 24h +0.168%

Price spread now: RISEx against Aevo+0.034%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$2192.185% of the position

Long on Aevo Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.488%+$49 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.034%, 7d avg −0.023%

Together, before fees+0.451%+$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and RISEx is 0.057% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TAO-PERP	314.08	0.0104	pay 0.0013% / 1h	25m 04s	$172K	$998	3x
Short	RISEx TAO/USDC	314.18	0.0948	get 0.0118% / 1h	25m 04s	$455K	$649K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Aevo. 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 AevobpFee RISExbpOrdersPrice spread, now +0.034%Rate

Funding earned: $177.23
Price spread: +0.034% → −0.023%: $5.7
Slippage, 4 orders: −$196.55
Fee Aevo: 8 bp × 2 orders: −$16
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$35.61
Costs to cover: 2.185%
Break-even: 8.4 days

Slippage from Aevo: live order book, 24 min ago; RISEx: live order book, 24 min ago.

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 Aevo live order book, 24 min ago	72.17 bp	114.2 bp −$114	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 24 min ago	1.75 bp	4.8 bp −$5	19.2 bp −$192	doesn't fit	doesn't fit

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/USD	L +0.0004% / S −0.0004%	1h	313.81	−0.084%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0045%	1h	313.24	−0.267%	$125K	$85K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.90	−0.056%	$90.1M	$508.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.70	−0.119%	$26.3M	$122.3M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	313.47	−0.192%	$167K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.60	−0.151%	$14.0M	$51.1M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	313.96	−0.037%	$108.4M	$145.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.87	−0.065%	$17.3M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.63	−0.142%	$35.3M	$57.0M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.26	−0.260%	$41K	$314K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	313.92	−0.049%	$90K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.96	−0.037%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.54	−0.170%	$113K	$554K	20x	as long as short
Katana Perps TAO-USD	+0.0103%	8h	314.07	−0.002%	$643	$928K	5x	as long as short
Aevo TAO-PERPlong	+0.0104%	1h	314.08	long leg	$172K	$998	3x
Orderly PERP_TAO_USDC	+0.0122%	4h	314.15	+0.024%	$52K	$290K	10x	as long as short
Popdex TAOUSDT	+0.0128%	1h	314.15	+0.024%	$51K	$668K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0128% / S +0.0140%	1h	313.81	−0.084%	$420K	—	100x	as long as short
Phemex TAOUSDT	+0.0192%	4h	313.96	−0.037%	$3.2M	$8.0M	50x	as long as short
Aster TAOUSDT	+0.0207%	4h	313.91	−0.052%	$1.3M	$10.6M	50x	as long as short
Pacifica TAO	+0.0233%	1h	313.54	−0.172%	$357K	$419K	10x	as long as short
Nado TAO-PERP	+0.0268%	1h	314.20	+0.041%	$775K	$2.2M	10x	as long as short
Paradex TAO-USD-PERP	+0.0269%	8h	313.83	−0.077%	$14K	$1K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0303%	1h	314.19	+0.038%	$5.9M	$21.4M	50x	as long as short
Bullet TAO-USD	+0.0325%	1h	314.15	+0.025%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.97	−0.033%	$4.6M	$10.9M	100x	as long as short
GRVT TAO_USDT_Perp	+0.0348%	4h	314.02	−0.018%	$533K	$923K	10x	as long as short
ApeX Omni TAOUSDT	+0.0359%	1h	313.36	−0.228%	$44K	$256K	50x	as long as short
Bybit TAOUSDT	+0.0423%	4h	313.90	−0.056%	$68.2M	$152.4M	50x	as long as short
BingX TAO-USDT	+0.0430%	4h	313.88	−0.062%	—	$33.7M	—	as long as short
Variational Omni TAO	+0.0439%	4h	313.02	−0.336%	$5.5M	$10.1M	—	as long as short
Extended TAO-USD	+0.0480%	1h	314.08	0.000%	$896K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0483%	1h	314.38	+0.097%	$101K	$345K	5x	as long as short
Phoenix TAO	+0.0513%	1h	313.30	−0.247%	$312K	$713K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0644%	1h	314.10	+0.007%	$15K	$1.8M	25x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	314.07	−0.003%	$361	—	20x	as long as short
01 Exchange TAOUSD	+0.0760%	1h	314.46	+0.123%	$3K	$4K	5x	as long as short
Lighter TAO	+0.0768%	1h	314.34	+0.084%	$1.5M	$6.6M	5x	as long as short
Hyperliquid TAO	+0.0802%	1h	314.23	+0.049%	$91.8M	$109.1M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0812%	1h	314.16	+0.027%	$312K	$890K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	315.03	+0.304%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDCshort	+0.0948%	1h	314.18	+0.034%	$455K	$649K	5x
Injective TAO/USDC PERP	+0.3711%	1h	319.48	+1.721%	$23K	$2K	12x	as long as short