TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0424%/8h= −46.4% APRnext payment −$0.53 per $10,000 · paid last 24h −0.143%

Price spread now: 01 Exchange against Coinbase International−0.286%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on 01 Exchange

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

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and 01 Exchange is 0.286% cheaper against Coinbase International than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TAO-PERP-INTX	314.86	0.0984	pay 0.0123% / 1h	1m 35s	$1.5M	$6.4M	50x
Short	01 Exchange TAOUSD	313.96	0.0560	get 0.0070% / 1h	1m 35s	$3K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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 Coinbase InternationalbpFee 01 ExchangebpOrdersPrice spread, now −0.286%Rate

Funding earned: −$89.04
Price spread: −0.286% → 0.000%: −$28.58
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$134.62
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; 01 Exchange: 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 Coinbase International live order book, 2 min ago	8.25 bp	13.2 bp −$13	22.9 bp −$229	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.1228%	1h	316.14	+0.407%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	313.92	−0.299%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	314.10	−0.242%	$12K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.76	−0.349%	$42K	$605K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.85	−0.321%	$90.2M	$452.8M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.00	−0.273%	$25.5M	$108.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.90	−0.305%	$12.7M	$51.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.00	−0.273%	$100.7M	$137.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.33	−0.168%	$18.2M	$29.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.71	−0.365%	$34.9M	$51.8M	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	315.16	+0.095%	$40K	$294K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.35	+0.474%	$524K	$958K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.60	−0.083%	$48K	$267K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	314.19	−0.213%	$56K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.88	−0.311%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.03	−0.264%	$125K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.55	−0.100%	$173K	$998	3x	as long as short
Bullet TAO-USD	+0.0109%	1h	314.49	−0.118%	$12K	$17K	20x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0113%	1h	314.05	−0.258%	$16K	$1.5M	25x	as long as short
Katana Perps TAO-USD	+0.0119%	8h	313.76	−0.349%	$1K	$648K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0102%	1h	314.07	−0.249%	$445K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	314.21	−0.206%	$372K	$376K	10x	as long as short
Aster TAOUSDT	+0.0191%	4h	313.78	−0.343%	$1.3M	$9.0M	50x	as long as short
Arcus TAO-USD	+0.0201%	1h	314.17	−0.219%	$83K	$550K	5x	as long as short
Paradex TAO-USD-PERP	+0.0239%	8h	314.07	−0.250%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0260%	1h	314.64	−0.070%	$92K	$633K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.26	−0.191%	$4.4M	$10.7M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0488%	1h	314.08	−0.249%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	317.00	+0.680%	$332K	$624K	5x	as long as short
01 Exchange TAOUSDshort	+0.0560%	1h	313.96	−0.286%	$3K	$4K	5x
Injective TAO/USDC PERP	+0.0571%	1h	320.46	+1.779%	$23K	$2K	12x	as long as short
Variational Omni TAO	+0.0571%	4h	316.78	+0.609%	$5.5M	$8.7M	—	as long as short
Phemex TAOUSDT	+0.0593%	4h	314.20	−0.210%	$3.4M	$7.8M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.60	−0.082%	$362	—	20x	as long as short
BingX TAO-USDT	+0.0704%	4h	313.93	−0.295%	—	$30.7M	—	as long as short
Nado TAO-PERP	+0.0746%	1h	314.59	−0.085%	$778K	$2.1M	10x	as long as short
Bybit TAOUSDT	+0.0772%	4h	314.06	−0.254%	$64.0M	$134.4M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0797%	1h	313.64	−0.387%	$317K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0984%	1h	314.86	long leg	$1.5M	$6.4M	50x
Extended TAO-USD	+0.1088%	1h	313.85	−0.322%	$874K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	313.82	−0.331%	$416K	$602K	5x	as long as short
Lighter TAO	+0.1432%	1h	314.45	−0.130%	$1.6M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1724%	1h	314.45	−0.130%	$100.6M	$91.7M	5x	as long as short