TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0439%/8h= −48.0% APRnext payment −$0.55 per $10,000 · paid last 24h 0.000%

Price spread now: Bullet against ApeX Omni+0.019%66s7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Bullet

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TAOUSDT	323.82	0.0723	pay 0.0090% / 1h	28m 04s	$48K	$253K	50x
Short	Bullet TAO-USD	323.88	0.0285	get 0.0036% / 1h	28m 04s	$12K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against ApeX Omni. 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 ApeX OmnibpFee BulletbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$92.13
Price spread: +0.019% → 0.000%: $1.85
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$108.27
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 34 min ago; Bullet: 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 ApeX Omni live order book, 34 min ago	5.52 bp	12.5 bp −$13	117.8 bp −$1,178	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	−0.5583%	1h	316.49	−2.264%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	323.51	−0.096%	$129K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	323.60	−0.067%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	324.14	+0.099%	$34K	$675K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	323.46	−0.111%	$94.6M	$479.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	323.30	−0.161%	$26.6M	$119.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	323.50	−0.099%	$13.3M	$49.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	323.56	−0.080%	$100.5M	$141.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	323.84	+0.006%	$18.1M	$31.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	323.15	−0.207%	$36.2M	$54.6M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	324.24	+0.130%	$37K	$302K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	323.90	+0.025%	$87K	$791K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	323.49	−0.102%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	323.73	−0.028%	$131K	$482K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	323.66	−0.049%	$3.5M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	323.86	+0.013%	$178K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0115%	4h	323.68	−0.043%	$58K	$282K	10x	as long as short
Katana Perps TAO-USD	+0.0116%	8h	324.21	+0.120%	$689	$776K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0160% / S +0.0125%	1h	323.56	−0.080%	$449K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0242%	1h	323.74	−0.026%	$5.7M	$20.6M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0264%	4h	323.95	+0.040%	$537K	$964K	10x	as long as short
Bullet TAO-USDshort	+0.0285%	1h	323.88	+0.019%	$12K	$18K	20x
Paradex TAO-USD-PERP	+0.0308%	8h	324.01	+0.059%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	322.64	−0.364%	$4.6M	$11.2M	100x	as long as short
Aster TAOUSDT	+0.0364%	4h	323.80	−0.007%	$1.2M	$9.6M	50x	as long as short
Pacifica TAO	+0.0448%	1h	323.81	−0.003%	$383K	$402K	10x	as long as short
Phoenix TAO	+0.0504%	1h	324.60	+0.241%	$339K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	324.27	+0.139%	$101K	$487K	5x	as long as short
BingX TAO-USDT	+0.0566%	4h	323.41	−0.127%	—	$30.3M	—	as long as short
Nado TAO-PERP	+0.0572%	1h	323.90	+0.025%	$793K	$2.2M	10x	as long as short
Bybit TAOUSDT	+0.0572%	4h	323.51	−0.096%	$70.9M	$143.7M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0685%	1h	323.84	+0.007%	$21K	$1.6M	25x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	323.95	+0.040%	$373	—	20x	as long as short
ApeX Omni TAOUSDTlong	+0.0723%	1h	323.82	long leg	$48K	$253K	50x
01 Exchange TAOUSD	+0.0776%	1h	324.40	+0.179%	$3K	$4K	5x	as long as short
Extended TAO-USD	+0.0848%	1h	323.28	−0.168%	$949K	$2.3M	25x	as long as short
Variational Omni TAO	+0.0868%	4h	323.85	+0.009%	$6.0M	$9.8M	—	as long as short
Lighter TAO	+0.0896%	1h	324.12	+0.091%	$1.6M	$6.3M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	324.38	+0.173%	$1.5M	$6.8M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1062%	1h	323.84	+0.006%	$445K	$860K	10x	as long as short
RISEx TAO/USDC	+0.1159%	1h	324.07	+0.079%	$458K	$640K	5x	as long as short
Hyperliquid TAO	+0.1269%	1h	323.83	+0.003%	$101.9M	$99.1M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	−0.139%	$24K	$2K	12x	as long as short