TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0592%/8h= −64.8% APRnext payment −$0.74 per $10,000 · paid last 24h −0.176%

Price spread now: Aevo against Reya−0.027%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Aevo

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aevo is 0.027% cheaper against Reya than usual: you would sell low and buy high (−$3 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	Reya TAORUSDPERP	323.95	0.0696	pay 0.0087% / 1h	28m 01s	$373	—	20x
Short	Aevo TAO-PERP	323.86	0.0104	get 0.0013% / 1h	28m 01s	$178K	$998	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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 ReyabpFee AevobpOrdersPrice spread, now −0.027%Rate

Funding earned: −$124.35
Price spread: −0.027% → 0.000%: −$2.7
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$149.05
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aevo: live order book, 36 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Aevo live order book, 36 min ago	80.37 bp	106.2 bp −$106	doesn't fit	doesn't fit	doesn't fit

Reya: 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	−2.303%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	323.51	−0.136%	$129K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	323.60	−0.108%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	324.14	+0.059%	$34K	$675K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	323.46	−0.151%	$94.6M	$479.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	323.30	−0.201%	$26.6M	$119.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	323.50	−0.139%	$13.3M	$49.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	323.56	−0.121%	$100.5M	$141.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	323.84	−0.034%	$18.1M	$31.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	323.15	−0.247%	$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	+0.090%	$37K	$302K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	323.90	−0.016%	$87K	$791K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	323.49	−0.142%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	323.73	−0.068%	$131K	$482K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	323.66	−0.090%	$3.5M	$7.9M	50x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	323.86	−0.027%	$178K	$998	3x
Orderly PERP_TAO_USDC	+0.0115%	4h	323.68	−0.083%	$58K	$282K	10x	as long as short
Katana Perps TAO-USD	+0.0116%	8h	324.21	+0.080%	$689	$776K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0160% / S +0.0125%	1h	323.56	−0.120%	$449K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0242%	1h	323.74	−0.066%	$5.7M	$20.6M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0264%	4h	323.95	0.000%	$537K	$964K	10x	as long as short
Bullet TAO-USD	+0.0285%	1h	323.88	−0.022%	$12K	$18K	20x	as long as short
Paradex TAO-USD-PERP	+0.0308%	8h	324.01	+0.019%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	322.64	−0.404%	$4.6M	$11.2M	100x	as long as short
Aster TAOUSDT	+0.0364%	4h	323.80	−0.048%	$1.2M	$9.6M	50x	as long as short
Pacifica TAO	+0.0448%	1h	323.81	−0.043%	$383K	$402K	10x	as long as short
Phoenix TAO	+0.0504%	1h	324.60	+0.201%	$339K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	324.27	+0.099%	$101K	$487K	5x	as long as short
BingX TAO-USDT	+0.0566%	4h	323.41	−0.167%	—	$30.3M	—	as long as short
Nado TAO-PERP	+0.0572%	1h	323.90	−0.016%	$793K	$2.2M	10x	as long as short
Bybit TAOUSDT	+0.0572%	4h	323.51	−0.136%	$70.9M	$143.7M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0685%	1h	323.84	−0.034%	$21K	$1.6M	25x	as long as short
Reya TAORUSDPERPlong	+0.0696%	1h	323.95	long leg	$373	—	20x
ApeX Omni TAOUSDT	+0.0723%	1h	323.82	−0.040%	$48K	$253K	50x	as long as short
01 Exchange TAOUSD	+0.0776%	1h	324.40	+0.139%	$3K	$4K	5x	as long as short
Extended TAO-USD	+0.0848%	1h	323.28	−0.208%	$949K	$2.3M	25x	as long as short
Variational Omni TAO	+0.0868%	4h	323.85	−0.031%	$6.0M	$9.8M	—	as long as short
Lighter TAO	+0.0896%	1h	324.12	+0.051%	$1.6M	$6.3M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	324.38	+0.133%	$1.5M	$6.8M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1062%	1h	323.84	−0.034%	$445K	$860K	10x	as long as short
RISEx TAO/USDC	+0.1159%	1h	324.07	+0.038%	$458K	$640K	5x	as long as short
Hyperliquid TAO	+0.1269%	1h	323.83	−0.037%	$101.9M	$99.1M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	−0.179%	$24K	$2K	12x	as long as short