Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Bybit−0.317%52s7-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 −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.317% cheaper against Bybit than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Bybit TAOUSDT | 315.62 | 0.0131 | pay 0.0066% / 4h | 41m 32s | $68.7M | $146.6M | 50x |
| Short | gTrade (Gains Network) TAO/USD | 314.62 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 41m 32s | $20K | — | 150x |
Bybit TAOUSDT
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bybit. 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
- −$26.66
- Price spread: −0.317% → 0.000%
- −$31.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$79.41
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.16 bp | 9.1 bp −$9 | 16.8 bp −$168 | 39.9 bp −$3,991 | 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 | −0.0482% | 1h | 315.13 | −0.155% | $167K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.45 | −0.371% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 314.62 | −0.317% | $20K | — | 150x | |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 314.61 | −0.320% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.49 | −0.041% | $42K | $685K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.38 | −0.077% | $90.9M | $489.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.50 | −0.038% | $25.9M | $119.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.60 | −0.323% | $12.9M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.88 | −0.234% | $105.5M | $142.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.75 | −0.276% | $17.5M | $31.7M | 75x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 315.40 | −0.070% | $35.2M | $55.8M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.41 | −0.066% | $35K | $302K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.07 | +0.143% | $46K | $252K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.16 | −0.146% | $89K | $790K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 314.90 | −0.227% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.64 | −0.310% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.75 | −0.276% | $109K | $527K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.61 | −0.320% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 314.98 | −0.203% | $645 | $786K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.67 | −0.301% | $173K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0106% | 4h | 316.10 | +0.153% | $526K | $944K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0124% | 4h | 314.78 | −0.266% | $57K | $275K | 10x | as long as short |
| Bybit TAOUSDTlong | +0.0131% | 4h | 315.62 | long leg | $68.7M | $146.6M | 50x | |
| BingX TAO-USDT | +0.0146% | 4h | 314.86 | −0.241% | — | $30.1M | — | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0151% / S +0.0122% | 1h | 314.54 | −0.343% | $419K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0183% | 1h | 315.43 | −0.062% | $799K | $2.2M | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0188% | 8h | 314.94 | −0.215% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0210% | 4h | 314.80 | −0.259% | $1.2M | $10.2M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0232% | 1h | 315.35 | −0.086% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0269% | 1h | 314.87 | −0.236% | $93.7M | $105.2M | 5x | as long as short |
| Extended TAO-USD | +0.0304% | 1h | 314.90 | −0.228% | $922K | $2.4M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0309% | 1h | 314.73 | −0.282% | $315K | $913K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 315.07 | −0.174% | $4.5M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.24 | −0.120% | $99K | $488K | 5x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 314.90 | −0.230% | $361K | $409K | 10x | as long as short |
| Lighter TAO | +0.0400% | 1h | 315.17 | −0.141% | $1.5M | $6.5M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0435% | 1h | 314.73 | −0.283% | $11K | $1.6M | 25x | as long as short |
| Phoenix TAO | +0.0581% | 1h | 316.10 | +0.152% | $315K | $697K | 5x | as long as short |
| Variational Omni TAO | +0.0641% | 4h | 315.94 | +0.100% | $5.8M | $9.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.62 | +0.001% | $363 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 315.02 | −0.190% | $437K | $659K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 316.38 | +0.241% | $1.5M | $6.6M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 319.61 | +1.264% | $23K | $2K | 12x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
BingX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
Paradex TAO-USD-PERP
Aster TAOUSDT
01 Exchange TAOUSD
Hyperliquid TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
BloFin TAO-USDT
Arcus TAO-USD
Pacifica TAO
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Variational Omni TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP