TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.4726%/8h= +517.5% APRnext payment +$5.91 per $10,000 · paid last 24h +0.247%

Price spread now: gTrade (Gains Network) against Bulk−0.116%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on gTrade (Gains Network)

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. gTrade (Gains Network) is 0.116% cheaper against Bulk than usual: you would sell low and buy high (spread −0.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2 hours of funding at the current rate (+$142 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk TAO-USD	314.01	−0.4722	get 0.0590% / 1h	49m 24s	$168K	$48K	10x
Short	gTrade (Gains Network) TAO/USD	313.65	L +0.0004% / S −0.0004%	get 0.0001% / 1h	49m 24s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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 BulkbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.116%Rate

Funding earned: $992.5
Price spread: −0.116% → 0.000%: −$11.65
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $963.85
Costs to cover: 0.170%
Break-even: 0.2 days

Slippage unknown: Bulk: live order book, 29 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 Bulk live order book, 29 min ago	0.17 bp	4.1 bp −$4	7.9 bp −$79	26.7 bp −$2,669	54.0 bp −$27.0K
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-USDlong	−0.4722%	1h	314.01	long leg	$168K	$48K	10x
dYdX TAO-USD	0.0000%	1h	313.16	−0.272%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0004%	1h	313.65	−0.116%	$21K	—	150x
Injective TAO/USDC PERP	+0.0033%	1h	308.73	−1.682%	$22K	$259	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.14	−0.278%	$40K	$549K	20x	as long as short
Pacifica TAO	+0.0100%	1h	313.58	−0.138%	$371K	$372K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.74	−0.087%	$88.8M	$421.8M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	313.75	−0.083%	$61.3M	$123.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.80	−0.067%	$25.2M	$99.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.60	−0.131%	$12.6M	$48.7M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	313.84	−0.055%	$121.0M	$126.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.22	−0.252%	$19.1M	$27.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.23	−0.249%	$35.0M	$46.2M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	313.87	−0.045%	—	$30.3M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.44	−0.182%	$41K	$280K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.12	+0.034%	$519K	$950K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.37	−0.204%	$47K	$269K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.79	−0.071%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.60	−0.131%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.01	−0.001%	$128K	$394K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.04	−0.309%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.58	−0.136%	$172K	$998	3x	as long as short
Polymarket Perps TAO-USD	+0.0105%	1h	313.49	−0.166%	$77K	$524K	5x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	313.28	−0.233%	$959	$536K	5x	as long as short
Bullet TAO-USD	+0.0134%	1h	313.88	−0.043%	$11K	$17K	20x	as long as short
Variational Omni TAO	+0.0173%	4h	313.59	−0.136%	$3.8M	$6.9M	—	as long as short
Paradex TAO-USD-PERP	+0.0186%	8h	313.32	−0.220%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0186%	1h	313.61	−0.128%	$83K	$626K	5x	as long as short
Aster TAOUSDT	+0.0210%	4h	313.41	−0.192%	$1.1M	$7.8M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0291%	1h	313.46	−0.174%	$19K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.65	−0.115%	$4.3M	$9.7M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0448%	1h	313.30	−0.227%	$5.8M	$19.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0175%	1h	313.59	−0.135%	$449K	—	100x	as long as short
Nado TAO-PERP	+0.0496%	1h	313.12	−0.285%	$838K	$2.0M	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.70	−0.418%	$334K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0575%	1h	313.50	−0.163%	$300K	$798K	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	313.38	−0.201%	$360	—	20x	as long as short
Extended TAO-USD	+0.0816%	1h	313.32	−0.220%	$864K	$2.1M	25x	as long as short
01 Exchange TAOUSD	+0.0840%	1h	313.52	−0.157%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	314.34	+0.105%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDC	+0.1238%	1h	313.37	−0.206%	$431K	$536K	5x	as long as short
Lighter TAO	+0.1496%	1h	313.77	−0.076%	$1.6M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2188%	1h	314.01	−0.001%	$98.4M	$82.8M	5x	as long as short