TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0325%/8h= +35.6% APRnext payment +$0.41 per $10,000 · paid last 24h +0.033%

Price spread now: RISEx against 01 Exchange−0.053%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on RISEx

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

Funding pays, the price is against you. RISEx is 0.053% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange TAOUSD	319.96	0.0816	pay 0.0102% / 1h	47m 10s	$3K	$4K	5x
Short	RISEx TAO/USDC	319.79	0.1141	get 0.0143% / 1h	47m 10s	$423K	$590K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against 01 Exchange. 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 01 ExchangebpFee RISExbpOrdersPrice spread, now −0.053%Rate

Funding earned: $68.21
Price spread: −0.053% → 0.000%: −$5.31
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $49.9
Costs to cover: 0.130%
Break-even: 1.9 days

Slippage unknown: 01 Exchange: no order-book sample; RISEx: live order book, 26 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 01 Exchange no order-book sample	—	—	—	—	—
Sell RISEx live order book, 26 min ago	0.48 bp	3.5 bp −$4	26.4 bp −$264	doesn't fit	doesn't fit

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	−0.0882%	1h	320.07	+0.034%	$170K	$44K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	318.87	−0.341%	$127K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	318.14	−0.569%	$21K	—	150x	as long as short
Phemex TAOUSDT	+0.0092%	4h	318.66	−0.406%	$3.5M	$8.0M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.59	−0.116%	$42K	$581K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.07	−0.278%	$92.2M	$441.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.20	−0.238%	$26.0M	$107.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.00	−0.300%	$12.9M	$49.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	319.09	−0.272%	$106.3M	$132.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.11	−0.266%	$18.9M	$28.4M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	318.93	−0.322%	$35.6M	$49.2M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	320.20	+0.074%	$37K	$289K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	319.59	−0.116%	$48K	$269K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	318.70	−0.394%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.20	−0.550%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.99	−0.303%	$127K	$422K	20x	as long as short
Katana Perps TAO-USD	+0.0102%	8h	319.88	−0.025%	$658	$598K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	318.84	−0.348%	$175K	$998	3x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0085%	1h	318.15	−0.565%	$462K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0177%	1h	318.41	−0.485%	$21K	$1.5M	25x	as long as short
Pacifica TAO	+0.0185%	1h	319.10	−0.269%	$378K	$373K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.58	−0.119%	$84K	$545K	5x	as long as short
Aster TAOUSDT	+0.0231%	4h	318.78	−0.368%	$1.1M	$8.1M	50x	as long as short
Paradex TAO-USD-PERP	+0.0231%	8h	318.99	−0.305%	$14K	$1K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0264%	4h	320.78	+0.257%	$532K	$946K	10x	as long as short
Bullet TAO-USD	+0.0265%	1h	318.58	−0.432%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0305%	4h	320.13	+0.052%	$5.5M	$8.6M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.00	−0.300%	$4.4M	$10.9M	100x	as long as short
Polymarket Perps TAO-USD	+0.0372%	1h	319.27	−0.216%	$99K	$634K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0481%	1h	318.60	−0.426%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	319.50	−0.144%	$334K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	319.09	−0.272%	$23K	$649	12x	as long as short
BingX TAO-USDT	+0.0622%	4h	319.17	−0.247%	—	$30.8M	—	as long as short
Bybit TAOUSDT	+0.0633%	4h	319.43	−0.166%	$65.9M	$130.6M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	319.04	−0.288%	$367	—	20x	as long as short
Nado TAO-PERP	+0.0784%	1h	319.30	−0.205%	$888K	$2.0M	10x	as long as short
01 Exchange TAOUSDlong	+0.0816%	1h	319.96	long leg	$3K	$4K	5x
Backpack TAO_USDC_PERP	+0.0980%	1h	319.21	−0.234%	$319K	$821K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.26	−0.219%	$1.5M	$6.1M	50x	as long as short
Extended TAO-USD	+0.1096%	1h	318.42	−0.480%	$929K	$2.2M	25x	as long as short
RISEx TAO/USDCshort	+0.1141%	1h	319.79	−0.053%	$423K	$590K	5x
Lighter TAO	+0.1688%	1h	319.53	−0.133%	$1.7M	$5.9M	5x	as long as short
Hyperliquid TAO	+0.2832%	1h	319.93	−0.009%	$104.1M	$89.3M	5x	as long as short