TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Bullet−0.121%7-day average — · you buy dearer than you sell

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

Long on Bullet 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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.121% cheaper against Bullet than usual: you would sell low and buy high (−$12 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	Bullet TAO-USD	320.09	0.0174	pay 0.0022% / 1h	35m 31s	$12K	$18K	20x
Short	gTrade (Gains Network) TAO/USD	319.70	L +0.0004% / S −0.0004%	get 0.0001% / 1h	35m 31s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bullet. 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 BulletbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.121%Rate

Funding earned: −$35.61
Price spread: −0.121% → 0.000%: −$12.13
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$65.74
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Bullet and 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	−0.1322%	1h	319.84	−0.078%	$170K	$44K	10x	as long as short
Phemex TAOUSDT	−0.0658%	4h	319.31	−0.244%	$3.5M	$7.9M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	319.00	−0.341%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0004%	1h	319.70	−0.121%	$21K	—	150x
Popdex TAOUSDT	+0.0096%	1h	319.60	−0.153%	$42K	$587K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.62	−0.147%	$92.1M	$445.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.40	−0.216%	$26.1M	$108.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.20	−0.278%	$12.9M	$50.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	319.46	−0.197%	$107.5M	$134.0M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.66	−0.134%	$18.3M	$29.1M	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	319.28	−0.253%	$35.6M	$50.2M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	318.20	−0.589%	$40K	$292K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.52	−1.115%	$524K	$960K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	319.83	−0.081%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.90	−0.059%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.06	−0.009%	$128K	$424K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	320.33	+0.074%	$176K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0121%	8h	319.81	−0.088%	$1K	$615K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0089%	1h	319.76	−0.104%	$463K	—	100x	as long as short
Bullet TAO-USDlong	+0.0174%	1h	320.09	long leg	$12K	$18K	20x
Pacifica TAO	+0.0185%	1h	319.59	−0.155%	$378K	$374K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.91	−0.056%	$85K	$550K	5x	as long as short
Aster TAOUSDT	+0.0237%	4h	319.34	−0.234%	$1.1M	$8.3M	50x	as long as short
Paradex TAO-USD-PERP	+0.0240%	8h	319.10	−0.308%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0247%	1h	320.03	−0.020%	$18K	$1.6M	25x	as long as short
Polymarket Perps TAO-USD	+0.0330%	1h	319.75	−0.106%	$94K	$638K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.91	−0.056%	$4.5M	$10.9M	100x	as long as short
ApeX Omni TAOUSDT	+0.0344%	1h	319.23	−0.269%	$48K	$266K	50x	as long as short
Bybit TAOUSDT	+0.0385%	4h	319.94	−0.047%	$65.7M	$132.6M	50x	as long as short
Variational Omni TAO	+0.0398%	4h	320.33	+0.073%	$5.6M	$8.7M	—	as long as short
BingX TAO-USDT	+0.0428%	4h	319.61	−0.150%	—	$30.5M	—	as long as short
Kraken Futures PF_TAOUSD	+0.0479%	1h	319.81	−0.088%	$5.8M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	317.50	−0.809%	$332K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	318.09	−0.625%	$23K	$665	12x	as long as short
01 Exchange TAOUSD	+0.0672%	1h	320.20	+0.034%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	319.24	−0.265%	$367	—	20x	as long as short
Nado TAO-PERP	+0.0772%	1h	319.34	−0.235%	$889K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0890%	1h	319.98	−0.034%	$323K	$819K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.95	−0.044%	$1.5M	$6.2M	50x	as long as short
Extended TAO-USD	+0.1120%	1h	319.63	−0.145%	$936K	$2.2M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	319.85	−0.076%	$425K	$600K	5x	as long as short
Lighter TAO	+0.1520%	1h	319.82	−0.085%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.2399%	1h	320.19	+0.031%	$103.4M	$90.6M	5x	as long as short