TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.3289%/8h= +360.2% APRnext payment +$4.11 per $10,000 · paid last 24h +0.929%

Price spread now: Injective against Bulk+1.435%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Injective

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—needs both histories

Both sides work for this trade now. Funding pays +$99 a day on $10k at the current rate, and Injective is 1.435% dearer against Bulk than usual: you sell high and buy low: +$143 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk TAO-USD	314.34	0.0933	pay 0.0117% / 1h	20m 15s	$167K	$2K	10x
Short	Injective TAO/USDC PERP	318.85	0.4222	get 0.0528% / 1h	20m 15s	$23K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bulk. 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 BulkbpFee InjectivebpOrdersPrice spread, now +1.435%Rate

Funding earned: $690.75
Price spread: +1.435% → 0.000%: $143.47
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $827.21
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Bulk: live order book, 39 min ago; Injective: 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 Bulk live order book, 39 min ago	0.16 bp	3.8 bp −$4	7.1 bp −$71	10.5 bp −$1,053	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
dYdX TAO-USD	0.0000%	1h	315.24	+0.285%	$126K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	314.92	+0.184%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0056%	1h	314.98	+0.204%	$5.5M	$20.7M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.26	+0.293%	$43K	$669K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	315.20	+0.274%	$645	$799K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	315.08	+0.235%	$90.9M	$494.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	315.07	+0.232%	$68.0M	$148.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.90	+0.178%	$26.0M	$120.4M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.80	+0.146%	$12.9M	$50.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	315.01	+0.213%	$110.5M	$144.0M	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	314.97	+0.200%	$17.6M	$31.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.77	+0.137%	$35.2M	$56.5M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	314.94	+0.191%	—	$32.9M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.64	+0.414%	$42K	$312K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	315.78	+0.458%	$522K	$955K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	315.16	+0.261%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.92	+0.185%	$77K	$859K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	315.14	+0.254%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.38	+0.331%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.91	+0.181%	$110K	$535K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.96	+0.197%	$3.2M	$8.1M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.20	+0.272%	$173K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0132%	4h	315.07	+0.232%	$57K	$265K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0147% / S +0.0126%	1h	314.89	+0.175%	$420K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0161%	8h	315.49	+0.365%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0192%	4h	315.04	+0.223%	$1.2M	$10.3M	50x	as long as short
Nado TAO-PERP	+0.0199%	1h	315.18	+0.268%	$801K	$2.2M	10x	as long as short
Extended TAO-USD	+0.0200%	1h	315.03	+0.221%	$922K	$2.4M	25x	as long as short
Hyperliquid TAO	+0.0261%	1h	315.26	+0.293%	$92.7M	$106.4M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0279%	1h	315.15	+0.259%	$26K	$1.7M	25x	as long as short
01 Exchange TAOUSD	+0.0312%	1h	315.38	+0.331%	$3K	$4K	5x	as long as short
Lighter TAO	+0.0320%	1h	315.33	+0.315%	$1.5M	$6.5M	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	315.18	+0.267%	$4.6M	$10.9M	100x	as long as short
Backpack TAO_USDC_PERP	+0.0345%	1h	315.40	+0.337%	$316K	$913K	10x	as long as short
Arcus TAO-USD	+0.0345%	1h	315.67	+0.423%	$99K	$438K	5x	as long as short
Pacifica TAO	+0.0365%	1h	315.58	+0.394%	$360K	$412K	10x	as long as short
Variational Omni TAO	+0.0497%	4h	315.29	+0.301%	$5.7M	$9.9M	—	as long as short
Phoenix TAO	+0.0581%	1h	315.50	+0.369%	$314K	$697K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	314.99	+0.206%	$362	—	20x	as long as short
Bulk TAO-USDlong	+0.0933%	1h	314.34	long leg	$167K	$2K	10x
RISEx TAO/USDC	+0.0991%	1h	315.39	+0.334%	$435K	$651K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	315.69	+0.429%	$1.5M	$6.7M	50x	as long as short
Injective TAO/USDC PERPshort	+0.4222%	1h	318.85	+1.435%	$23K	$2K	12x