TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.002%

Price spread now: Orderly against Bitget+0.035%7-day average +0.048% · you sell dearer than you buy

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.035%, 7d avg +0.048%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.131%, 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	Bitget TAOUSDT	317.10	0.0100	pay 0.0050% / 4h	1h 10m	$35.4M	$55.7M	50x
Short	Orderly PERP_TAO_USDC	317.21	0.0126	get 0.0063% / 4h	1h 10m	$57K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now +0.035%Rate

Funding earned: $5.42
Price spread: +0.035% → +0.048%: −$1.34
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$13.92
Costs to cover: 0.180%
Break-even: 25.0 days

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	2.05 bp	11.4 bp −$11	27.8 bp −$278	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	−0.1916%	1h	325.17	+2.545%	$172K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	317.64	+0.169%	$127K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	317.12	+0.005%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.49	+0.123%	$40K	$686K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	317.29	+0.059%	$92.3M	$490.0M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.20	+0.032%	$26.2M	$120.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.10	0.000%	$13.0M	$50.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.35	+0.079%	$102.0M	$143.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.40	+0.095%	$17.7M	$31.6M	75x	as long as short
Bitget TAOUSDTlong	+0.0100%	4h	317.10	long leg	$35.4M	$55.7M	50x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	316.42	−0.214%	$35K	$301K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	317.32	+0.069%	$88K	$795K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	317.21	+0.035%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.20	+0.032%	$128K	$482K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	317.40	+0.095%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0113%	8h	317.07	−0.009%	$674	$776K	5x	as long as short
Orderly PERP_TAO_USDCshort	+0.0126%	4h	317.21	+0.035%	$57K	$276K	10x
GMX TAO/USD [WBTC.b-USDC]	L +0.0157% / S +0.0112%	1h	317.16	+0.018%	$430K	—	100x	as long as short
Bullet TAO-USD	+0.0178%	1h	317.33	+0.072%	$13K	$18K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0192%	4h	315.38	−0.542%	$523K	$951K	10x	as long as short
Phemex TAOUSDT	+0.0204%	4h	317.76	+0.208%	$3.4M	$7.9M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0247%	1h	317.30	+0.062%	$5.6M	$20.8M	50x	as long as short
Paradex TAO-USD-PERP	+0.0253%	8h	317.45	+0.111%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0275%	1h	317.44	+0.109%	$15K	$1.6M	25x	as long as short
Aster TAOUSDT	+0.0289%	4h	317.43	+0.103%	$1.2M	$10.0M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	317.43	+0.104%	$3.9M	$11.3M	100x	as long as short
ApeX Omni TAOUSDT	+0.0371%	1h	316.95	−0.047%	$47K	$253K	50x	as long as short
Bybit TAOUSDT	+0.0410%	4h	317.50	+0.126%	$69.6M	$146.1M	50x	as long as short
Pacifica TAO	+0.0448%	1h	317.59	+0.155%	$375K	$405K	10x	as long as short
BingX TAO-USDT	+0.0448%	4h	317.29	+0.060%	—	$30.4M	—	as long as short
Phoenix TAO	+0.0504%	1h	315.80	−0.410%	$330K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	317.72	+0.196%	$100K	$488K	5x	as long as short
Nado TAO-PERP	+0.0600%	1h	317.48	+0.119%	$805K	$2.2M	10x	as long as short
Extended TAO-USD	+0.0664%	1h	317.24	+0.043%	$932K	$2.4M	25x	as long as short
01 Exchange TAOUSD	+0.0696%	1h	317.46	+0.114%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	317.21	+0.035%	$365	—	20x	as long as short
Lighter TAO	+0.0736%	1h	317.71	+0.192%	$1.6M	$6.4M	5x	as long as short
Variational Omni TAO	+0.0799%	4h	316.62	−0.150%	$5.9M	$9.8M	—	as long as short
Backpack TAO_USDC_PERP	+0.0895%	1h	318.28	+0.372%	$317K	$923K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	316.66	−0.139%	$1.5M	$6.8M	50x	as long as short
Hyperliquid TAO	+0.1041%	1h	317.48	+0.120%	$96.1M	$104.6M	5x	as long as short
RISEx TAO/USDC	+0.1159%	1h	317.49	+0.121%	$446K	$657K	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	321.62	+1.425%	$23K	$2K	12x	as long as short