Funding you earn now, next payment 03:00 UTC−0.0631%/8h= −69.1% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against BingX−0.280%46s7-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 −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.280% cheaper against BingX than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAO-USDT | 320.57 | 0.0635 | pay 0.0318% / 4h | 1h 37m | — | $30.3M | — |
| Short | gTrade (Gains Network) TAO/USD | 319.67 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 37m 30s | $21K | — | 150x |
BingX TAO-USDT
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BingX. 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
- −$132.53
- Price spread: −0.280% → 0.000%
- −$28.04
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$180.58
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 16 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 BingX live order book, 16 min ago | 1.41 bp | 7.4 bp −$7 | 14.3 bp −$143 | 22.6 bp −$2,262 | 58.7 bp −$29.4K |
| 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 | −0.3652% | 1h | 316.49 | −1.273% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.87 | −0.218% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 319.67 | −0.280% | $21K | — | 150x | |
| Popdex TAOUSDT | +0.0096% | 1h | 320.74 | +0.053% | $45K | $657K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.67 | +0.032% | $92.9M | $473.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.80 | +0.072% | $26.4M | $117.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.30 | −0.084% | $13.1M | $49.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.37 | −0.062% | $109.2M | $139.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.57 | 0.000% | $18.1M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.59 | +0.006% | $35.8M | $54.0M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 319.73 | −0.262% | $36K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.70 | +0.041% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.62 | −0.296% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.11 | −0.143% | $130K | $479K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.59 | −0.306% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 320.02 | −0.173% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0104% | 4h | 319.98 | −0.184% | $58K | $282K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 320.61 | +0.012% | $681 | $759K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0163% / S +0.0106% | 1h | 319.62 | −0.297% | $434K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0238% | 4h | 319.35 | −0.382% | $531K | $957K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0245% | 1h | 319.81 | −0.236% | $5.6M | $20.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0305% | 1h | 320.71 | +0.044% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0322% | 8h | 320.56 | −0.004% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0335% | 4h | 320.54 | −0.009% | $1.2M | $9.3M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 319.17 | −0.437% | $4.5M | $10.7M | 100x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 320.40 | −0.052% | $378K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 320.50 | −0.022% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 320.95 | +0.119% | $101K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0545% | 1h | 320.89 | +0.101% | $778K | $2.1M | 10x | as long as short |
| Bybit TAOUSDT | +0.0613% | 4h | 320.81 | +0.075% | $68.4M | $140.5M | 50x | as long as short |
| BingX TAO-USDTlong | +0.0635% | 4h | 320.57 | long leg | — | $30.3M | — | |
| Deribit TAO_USDC-PERPETUAL | +0.0640% | 1h | 319.86 | −0.220% | $17K | $1.6M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0686% | 1h | 319.20 | −0.427% | $47K | $254K | 50x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 320.79 | +0.068% | $369 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 320.82 | +0.078% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0878% | 4h | 320.22 | −0.110% | $5.9M | $9.7M | — | as long as short |
| Lighter TAO | +0.0896% | 1h | 320.83 | +0.083% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0920% | 1h | 320.59 | +0.007% | $939K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.1008% | 1h | 319.89 | −0.212% | $440K | $860K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 320.65 | +0.025% | $1.5M | $6.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 320.76 | +0.059% | $456K | $628K | 5x | as long as short |
| Hyperliquid TAO | +0.1380% | 1h | 321.14 | +0.178% | $100.9M | $98.5M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 319.69 | −0.275% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Bybit TAOUSDT
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP