TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: Reya against RISEx+0.125%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 Reya

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.125% dearer against RISEx than usual: you sell high and buy low, +$13 on $10k if it 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	318.13	0.0701	pay 0.0088% / 1h	5m 46s	$441K	$694K	5x
Short	Reya TAORUSDPERP	318.53	0.0699	get 0.0087% / 1h	5m 46s	$366	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.125%Rate

Funding earned: −$0.49
Price spread: +0.125% → 0.000%: $12.55
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Reya: 3 bp × 2 orders: −$6
Net: $0.05
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: RISEx: live order book, 46 min ago; Reya: 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, 46 min ago	1.88 bp	4.9 bp −$5	23.4 bp −$234	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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 exchanges

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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0003%	1h	318.79	+0.208%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.55	+0.132%	$52K	$632K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	319.35	+0.383%	$70.1M	$155.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.20	+0.336%	$27.0M	$129.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.00	+0.273%	$15.8M	$49.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.08	+0.299%	$17.7M	$31.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.92	+0.248%	$36.1M	$56.4M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	317.58	−0.173%	$45K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	318.31	+0.056%	$81K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.10	−0.010%	$1K	$1.8M	20x	as long as short

Show all 43 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	318.10	−0.010%	$117K	$554K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	318.80	+0.210%	$3.2M	$8.0M	50x	as long as short
Katana Perps TAO-USD	+0.0104%	8h	318.23	+0.031%	$1K	$1.3M	5x	as long as short
Aevo TAO-PERP	+0.0112%	1h	318.72	+0.184%	$175K	$998	3x	as long as short
edgeX TAOUSDC	+0.0136%	4h	317.11	−0.320%	$42K	$323K	10x	as long as short
BingX TAO-USDT	+0.0138%	4h	319.24	+0.349%	—	$37.9M	—	as long as short
Binance TAOUSDT	+0.0140%	4h	319.35	+0.383%	$93.7M	$514.2M	75x	as long as short
MEXC TAO_USDT	+0.0140%	4h	319.24	+0.349%	$112.6M	$152.4M	300x	as long as short
Paradex TAO-USD-PERP	+0.0208%	8h	318.02	−0.035%	$14K	$876	10x	as long as short
Extended TAO-USD	+0.0248%	1h	319.12	+0.312%	$961K	$2.1M	25x	as long as short
Orderly PERP_TAO_USDC	+0.0254%	4h	318.76	+0.198%	$53K	$262K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0260%	4h	316.82	−0.412%	$540K	$824K	10x	as long as short
Pacifica TAO	+0.0301%	1h	318.19	+0.020%	$371K	$445K	10x	as long as short
Aster TAOUSDT	+0.0312%	4h	319.30	+0.368%	$1.3M	$11.3M	50x	as long as short
Lighter TAO	+0.0360%	1h	319.12	+0.311%	$1.6M	$6.7M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0362% / S −0.0107%	1h	318.77	+0.200%	$375K	—	100x	as long as short
Arcus TAO-USD	+0.0364%	1h	318.41	+0.088%	$100K	$325K	5x	as long as short
BloFin TAO-USDT	+0.0380%	4h	318.53	+0.126%	$4.9M	$10.5M	100x	as long as short
Bullet TAO-USD	+0.0395%	1h	318.80	+0.210%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0417%	4h	317.36	−0.241%	$5.7M	$9.8M	—	as long as short
Nado TAO-PERP	+0.0424%	1h	318.66	+0.166%	$703K	$2.0M	10x	as long as short
dYdX TAO-USD	+0.0522%	1h	318.12	−0.003%	$268K	$235K	5x	as long as short
Phoenix TAO	+0.0567%	1h	317.30	−0.261%	$319K	$712K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0674%	1h	319.32	+0.374%	$299K	$1.1M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0681%	1h	319.11	+0.307%	$6.3M	$19.6M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0685%	1h	319.02	+0.280%	$15K	$1.9M	25x	as long as short
Reya TAORUSDPERPshort	+0.0699%	1h	318.53	+0.125%	$366	—	20x
Bulk TAO-USD	+0.0699%	1h	317.67	−0.145%	$169K	$0	10x	as long as short
RISEx TAO/USDClong	+0.0701%	1h	318.13	long leg	$441K	$694K	5x
Hyperliquid TAO	+0.0745%	1h	319.26	+0.355%	$96.3M	$107.1M	5x	as long as short
01 Exchange TAOUSD	+0.0776%	1h	318.67	+0.170%	$3K	$2K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0832%	1h	319.15	+0.321%	$1.1M	$7.8M	50x	as long as short
Injective TAO/USDC PERP	+0.3320%	1h	320.96	+0.889%	$23K	$2K	12x	as long as short