Funding you earn now, next payment 23:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h −0.016%
Price spread now: gTrade (Gains Network) against Deribit+0.060%53s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.060% dearer against Deribit than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 31 hours. The two prices were read 53 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 | Deribit TAO_USDC-PERPETUAL | 303.13 | 0.0160 | pay 0.0020% / 1h | 26m 21s | $21K | $1.4M | 25x |
| Short | gTrade (Gains Network) TAO/USD | 303.31 | L +0.0004% / S −0.0007% | get 0.0001% / 1h | 26m 21s | $26K | — | 150x |
Deribit TAO_USDC-PERPETUAL
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. 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
- −$32.23
- Price spread: +0.060% → 0.000%
- $5.98
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$43.25
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: 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 Deribit live order book, 3 min ago | 3.95 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0007% | 1h | 303.31 | +0.060% | $26K | — | 150x | |
| dYdX TAO-USD | +0.0020% | 1h | 303.22 | +0.030% | $124K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.65 | +0.173% | $45K | $538K | 20x | as long as short |
| Aster TAOUSDT | +0.0100% | 4h | 303.57 | +0.146% | $1.1M | $7.7M | 50x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.62 | +0.163% | $84.9M | $414.2M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.87 | +0.245% | $58.7M | $121.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.80 | +0.222% | $24.4M | $95.5M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.69 | +0.186% | $79K | $643K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 303.38 | +0.082% | $162K | $54K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.30 | +0.057% | $12.1M | $48.9M | 50x | as long as short |
dYdX TAO-USD
Popdex TAOUSDT
Aster TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk TAO-USD
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 303.70 | +0.189% | $111.4M | $125.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.60 | +0.156% | $18.4M | $27.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.45 | +0.107% | $33.9M | $46.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.74 | +0.202% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 303.79 | +0.218% | $3.7M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.78 | +0.217% | $39K | $277K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 303.76 | +0.208% | $502K | $967K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.79 | +0.219% | $74K | $580K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.57 | +0.146% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.68 | +0.183% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.11 | −0.006% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 304.68 | +0.512% | $122K | $364K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.61 | +0.159% | $3.2M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 303.34 | +0.071% | $167K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 303.56 | +0.143% | $622 | $501K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0112% | 1h | 303.77 | +0.212% | $46K | $269K | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0155% | 8h | 303.06 | −0.022% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUALlong | +0.0160% | 1h | 303.13 | long leg | $21K | $1.4M | 25x | |
| Pacifica TAO | +0.0164% | 1h | 303.26 | +0.044% | $358K | $372K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.30 | +0.059% | $433K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0340% | 1h | 303.48 | +0.117% | $819K | $1.9M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.15 | +0.008% | $4.2M | $9.3M | 100x | as long as short |
| Lighter TAO | +0.0392% | 1h | 303.28 | +0.051% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0400% | 1h | 303.75 | +0.206% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0435% | 1h | 303.73 | +0.199% | $292K | $799K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.50 | +0.123% | $321K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.68 | +0.182% | $349 | — | 20x | as long as short |
| Extended TAO-USD | +0.0816% | 1h | 303.25 | +0.040% | $825K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 303.73 | +0.199% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1040% | 1h | 303.64 | +0.171% | $5.7M | $19.7M | 50x | as long as short |
| Hyperliquid TAO | +0.1054% | 1h | 304.04 | +0.301% | $92.3M | $80.5M | 5x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 303.63 | +0.165% | $411K | $544K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.849% | $22K | $264 | 12x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
ApeX Omni TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP