Settings8H · net · $10k
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Funding arb · Price arb /

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0260%/8h= −28.5% APRpaid last 24h −0.076%
Price spread now: Gate against Extended−0.016%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Long on ExtendedShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.016%, 7d avg +0.016%
Together, before fees−0.099%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.032% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD318.450.0360pay 0.0045% / 1h45m 43s$908K$2.4M25x
ShortGate TAO_USDT318.400.0100get 0.0050% / 4h45m 43s$14.5M$51.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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

Funding earned
−$54.6
Price spread: −0.016% → +0.016%
−$3.2
Slippage, 4 orders
−$24.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$102.56
Costs to cover
0.448%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago2.19 bp4.7 bp −$57.5 bp −$75doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.13 bp15.1 bp −$1534.7 bp −$34772.2 bp −$7,223119.9 bp −$59.9K

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h318.21−0.075%$22K—150xas long as short
dYdX TAO-USD+0.0064%1h318.22−0.074%$127K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h319.36+0.285%$45K$708K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.60+0.047%$26.5M$130.6M50xas long as short
Gate TAO_USDTshort+0.0100%4h318.40−0.016%$14.5M$51.1M50x
KuCoin TAOUSDTM+0.0100%4h318.58+0.040%$17.9M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h318.36−0.029%$35.8M$57.9M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.16+0.222%$89K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h319.11+0.207%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h318.65+0.062%$116K$604K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps TAO-USD+0.0107%8h319.23+0.244%$724$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0109% / S +0.0158%1h318.78+0.103%$425K—100xas long as short
Aevo TAO-PERP+0.0128%1h318.87+0.131%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0146%4h318.75+0.094%$53K$293K10xas long as short
edgeX TAOUSDC+0.0168%4h318.79+0.107%$42K$319K10xas long as short
MEXC TAO_USDT+0.0180%4h318.63+0.056%$100.1M$151.1M300xas long as short
Binance TAOUSDT+0.0182%4h318.75+0.093%$92.5M$529.2M75xas long as short
Paradex TAO-USD-PERP+0.0252%8h319.28+0.261%$14K$1K10xas long as short
BingX TAO-USDT+0.0260%4h318.64+0.059%—$37.0M—as long as short
Bybit TAOUSDT+0.0294%4h318.88+0.135%$69.8M$156.2M50xas long as short
Pacifica TAO+0.0313%1h318.80+0.108%$362K$429K10xas long as short
Bulk TAO-USD+0.0314%1h317.73−0.227%$169K$33310xas long as short
GRVT TAO_USDT_Perp+0.0324%4h318.48+0.010%$543K$926K10xas long as short
Aster TAOUSDT+0.0341%4h318.84+0.122%$1.3M$11.0M50xas long as short
Extended TAO-USDlong+0.0360%1h318.45long leg$908K$2.4M25x
Bullet TAO-USD+0.0367%1h319.25+0.251%$12K$17K20xas long as short
ApeX Omni TAOUSDT+0.0374%1h319.64+0.373%$46K$260K50xas long as short
BloFin TAO-USDT+0.0421%4h318.65+0.062%$4.7M$11.0M100xas long as short
Nado TAO-PERP+0.0473%1h319.22+0.242%$793K$2.0M10xas long as short
Arcus TAO-USD+0.0473%1h319.49+0.326%$103K$389K5xas long as short
Lighter TAO+0.0496%1h318.96+0.161%$1.6M$6.9M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0503%1h318.79+0.106%$15K$2.0M25xas long as short
Phemex TAOUSDT+0.0510%4h318.51+0.018%$3.2M$8.2M50xas long as short
Variational Omni TAO+0.0534%4h319.26+0.255%$5.6M$10.3M—as long as short
Phoenix TAO+0.0629%1h319.80+0.423%$319K$703K5xas long as short
Reya TAORUSDPERP+0.0698%1h319.19+0.231%$367—20xas long as short
01 Exchange TAOUSD+0.0776%1h319.67+0.383%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0791%1h318.67+0.069%$297K$905K10xas long as short
Hyperliquid TAO+0.0809%1h318.93+0.150%$94.3M$110.1M5xas long as short
Kraken Futures PF_TAOUSD+0.0831%1h318.93+0.150%$6.0M$21.6M50xas long as short
RISEx TAO/USDC+0.0831%1h319.21+0.238%$450K$678K5xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h319.84+0.436%$1.5M$6.9M50xas long as short
Injective TAO/USDC PERP+0.4513%1h320.67+0.697%$23K$2K12xas long as short