TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.3276%/8h= +358.8% APRnext payment +$4.10 per $10,000 · paid last 24h +0.481%

Price spread now: Injective against RISEx+1.005%7-day average — · you sell dearer than you buy

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

Long on RISEx 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 +$98 a day on $10k at the current rate, and Injective is 1.005% dearer against RISEx than usual: you sell high and buy low: +$100 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	RISEx TAO/USDC	313.52	0.0816	pay 0.0102% / 1h	16m 51s	$444K	$647K	5x
Short	Injective TAO/USDC PERP	316.67	0.4092	get 0.0512% / 1h	16m 51s	$23K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against RISEx. 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 RISExbpFee InjectivebpOrdersPrice spread, now +1.005%Rate

Funding earned: $688.02
Price spread: +1.005% → 0.000%: $100.47
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $782.47
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: RISEx: live order book, 37 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 RISEx live order book, 37 min ago	1.59 bp	4.6 bp −$5	25.8 bp −$258	doesn't fit	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
Kraken Futures PF_TAOUSD	−0.0346%	1h	313.37	−0.048%	$5.6M	$20.7M	50x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.03	−0.155%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0011%	1h	313.26	−0.082%	$125K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.36	−0.051%	$46K	$656K	20x	as long as short
Katana Perps TAO-USD	+0.0099%	8h	313.30	−0.070%	$641	$845K	5x	as long as short
Pacifica TAO	+0.0100%	1h	313.66	+0.045%	$357K	$416K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.76	−0.242%	$89.6M	$501.5M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.70	−0.262%	$26.1M	$121.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.60	−0.293%	$13.3M	$50.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.61	−0.290%	$102.9M	$145.5M	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	312.79	−0.233%	$17.9M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.38	−0.364%	$35.1M	$56.5M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.63	−0.603%	$41K	$314K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.55	−0.629%	$529K	$956K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.33	−0.380%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	313.18	−0.108%	$79K	$901K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	313.38	−0.043%	$12K	$17K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.16	−0.115%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.03	−0.156%	$111K	$542K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.17	−0.112%	$3.1M	$8.0M	50x	as long as short
BingX TAO-USDT	+0.0104%	4h	312.81	−0.226%	—	$33.7M	—	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.49	−0.011%	$172K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0115%	4h	313.31	−0.067%	$52K	$290K	10x	as long as short
Aster TAOUSDT	+0.0124%	4h	312.87	−0.207%	$1.3M	$10.5M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0136% / S +0.0136%	1h	313.04	−0.152%	$416K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0158%	8h	313.60	+0.027%	$14K	$1K	10x	as long as short
Bybit TAOUSDT	+0.0161%	4h	312.83	−0.220%	$67.4M	$150.6M	50x	as long as short
Arcus TAO-USD	+0.0231%	1h	313.73	+0.067%	$102K	$394K	5x	as long as short
Variational Omni TAO	+0.0308%	4h	311.97	−0.494%	$5.5M	$10.1M	—	as long as short
Extended TAO-USD	+0.0320%	1h	312.78	−0.236%	$914K	$2.4M	25x	as long as short
Nado TAO-PERP	+0.0329%	1h	313.29	−0.073%	$791K	$2.2M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.40	−0.038%	$4.5M	$10.8M	100x	as long as short
Phoenix TAO	+0.0457%	1h	313.70	+0.057%	$312K	$711K	5x	as long as short
Hyperliquid TAO	+0.0473%	1h	313.00	−0.166%	$91.9M	$107.8M	5x	as long as short
01 Exchange TAOUSD	+0.0488%	1h	313.74	+0.070%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0509%	1h	312.89	−0.201%	$311K	$885K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0554%	1h	313.31	−0.068%	$13K	$1.8M	25x	as long as short
Lighter TAO	+0.0632%	1h	313.65	+0.042%	$1.5M	$6.5M	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	313.34	−0.059%	$360	—	20x	as long as short
RISEx TAO/USDClong	+0.0816%	1h	313.52	long leg	$444K	$647K	5x
Bulk TAO-USD	+0.0817%	1h	310.92	−0.829%	$165K	$333	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	314.25	+0.233%	$1.5M	$6.7M	50x	as long as short
Injective TAO/USDC PERPshort	+0.4092%	1h	316.67	+1.005%	$23K	$2K	12x