Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Binance−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.106% cheaper against Binance than usual: you would sell low and buy high (−$11 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 | Binance TAOUSDT | 318.56 | 0.0104 | pay 0.0052% / 4h | 2h 14m | $91.4M | $512.9M | 75x |
| Short | gTrade (Gains Network) TAO/USD | 318.22 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 14m 16s | $21K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.02
- Price spread: −0.106% → 0.000%
- −$10.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$51.62
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 min ago; gTrade (Gains Network): 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 Binance live order book, 15 min ago | 0.16 bp | 8.2 bp −$8 | 16.3 bp −$163 | 37.8 bp −$3,783 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0038% | 1h | 313.74 | −1.512% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 318.22 | −0.106% | $21K | — | 150x | |
| dYdX TAO-USD | +0.0034% | 1h | 318.18 | −0.120% | $127K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.50 | −0.018% | $26.6M | $125.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.10 | −0.144% | $14.2M | $51.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.39 | −0.053% | $100.5M | $147.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.26 | −0.093% | $17.5M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.32 | −0.075% | $35.9M | $57.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.26 | −0.093% | $42K | $316K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.22 | −0.106% | $91K | $920K | 5x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 318.13 | −0.134% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.84 | −0.225% | $116K | $565K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.23 | −0.103% | $3.2M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.63 | +0.022% | $175K | $998 | 3x | as long as short |
| Binance TAOUSDTlong | +0.0104% | 4h | 318.56 | long leg | $91.4M | $512.9M | 75x | |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.51 | −0.015% | $652 | $943K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0118% | 4h | 318.58 | +0.007% | $53K | $291K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0142% | 1h | 318.18 | −0.117% | $426K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 318.30 | −0.081% | $53K | $672K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 318.65 | +0.030% | $363K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0265% | 4h | 318.42 | −0.042% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0276% | 8h | 318.62 | +0.019% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0283% | 1h | 318.20 | −0.113% | $800K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 318.94 | +0.120% | $6.0M | $21.6M | 50x | as long as short |
| Bullet TAO-USD | +0.0326% | 1h | 318.61 | +0.016% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.52 | −0.012% | $4.6M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0387% | 4h | 318.68 | +0.038% | $69.7M | $153.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0400% | 4h | 318.49 | −0.021% | — | $33.8M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0448% | 4h | 318.95 | +0.124% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0467% | 4h | 317.98 | −0.181% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 318.90 | +0.107% | $103K | $345K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0487% | 1h | 318.17 | −0.122% | $45K | $256K | 50x | as long as short |
| Extended TAO-USD | +0.0504% | 1h | 318.56 | 0.000% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 319.50 | +0.296% | $318K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0683% | 1h | 318.65 | +0.028% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 318.39 | −0.052% | $366 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0800% | 1h | 318.86 | +0.095% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0813% | 1h | 318.56 | +0.001% | $93.5M | $109.5M | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 318.69 | +0.042% | $1.5M | $6.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0834% | 1h | 318.59 | +0.010% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 318.73 | +0.054% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 318.59 | +0.010% | $460K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.376% | $23K | $2K | 12x | as long as short |
Binance TAOUSDT
gTrade (Gains Network) TAO/USD
Bulk TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Pacifica TAO
Aster TAOUSDT
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Variational Omni TAO
ApeX Omni TAOUSDT
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Hyperliquid TAO
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP