Funding you earn now, next payment 08:00 UTC+0.0469%/8h= +51.4% APRnext payment +$0.59 per $10,000 · paid last 24h +0.055%
Price spread now: Arcus against gTrade (Gains Network)+0.026%46s7-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
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Arcus is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | gTrade (Gains Network) TAO/USD | 316.92 | L +0.0004% / S −0.0005% | pay 0.0001% / 1h | 38m 29s | $22K | — | 150x |
| Short | Arcus TAO-USD | 317.00 | 0.0473 | get 0.0059% / 1h | 38m 29s | $102K | $381K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against gTrade (Gains Network). 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
- $98.54
- Price spread: +0.026% → 0.000%
- $2.62
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $86.66
- Costs to cover
- 0.145%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Arcus: live order book, 65 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 65 min ago | 3.28 bp | 14.8 bp −$15 | 28.2 bp −$282 | doesn't fit | doesn't fit |
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/USDlong | L +0.0004% / S −0.0005% | 1h | 316.92 | long leg | $22K | — | 150x | |
| dYdX TAO-USD | +0.0043% | 1h | 316.84 | −0.024% | $126K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.69 | −0.072% | $44K | $710K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.70 | −0.068% | $26.3M | $130.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.70 | −0.068% | $14.4M | $51.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.07 | +0.048% | $17.8M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.54 | −0.119% | $35.6M | $58.0M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.68 | −0.075% | $88K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.26 | +0.108% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.33 | −0.185% | $115K | $604K | 20x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0107% | 8h | 316.52 | −0.125% | $1K | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0108% / S +0.0135% | 1h | 317.01 | +0.029% | $405K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 317.48 | +0.179% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0149% | 4h | 317.19 | +0.086% | $52K | $294K | 10x | as long as short |
| MEXC TAO_USDT | +0.0178% | 4h | 317.06 | +0.045% | $99.8M | $151.4M | 300x | as long as short |
| Binance TAOUSDT | +0.0179% | 4h | 316.67 | −0.078% | $91.9M | $530.0M | 75x | as long as short |
| edgeX TAOUSDC | +0.0184% | 4h | 318.91 | +0.630% | $42K | $319K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0187% | 1h | 318.97 | +0.648% | $46K | $260K | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0243% | 8h | 317.17 | +0.080% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0277% | 4h | 316.69 | −0.072% | $69.3M | $156.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0298% | 4h | 316.68 | −0.075% | — | $37.0M | — | as long as short |
| Bullet TAO-USD | +0.0310% | 1h | 317.57 | +0.206% | $12K | $17K | 20x | as long as short |
| Pacifica TAO | +0.0313% | 1h | 317.17 | +0.080% | $372K | $452K | 10x | as long as short |
| Bulk TAO-USD | +0.0317% | 1h | 319.23 | +0.730% | $170K | $0 | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0319% | 1h | 317.27 | +0.112% | $15K | $2.0M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0332% | 4h | 318.74 | +0.575% | $543K | $918K | 10x | as long as short |
| Aster TAOUSDT | +0.0332% | 4h | 316.78 | −0.043% | $1.3M | $11.0M | 50x | as long as short |
| Extended TAO-USD | +0.0344% | 1h | 316.77 | −0.046% | $903K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0419% | 4h | 317.29 | +0.118% | $4.7M | $10.9M | 100x | as long as short |
| Arcus TAO-USDshort | +0.0473% | 1h | 317.00 | +0.026% | $102K | $381K | 5x | |
| Phemex TAOUSDT | +0.0515% | 4h | 317.18 | +0.083% | $3.2M | $8.2M | 50x | as long as short |
| Nado TAO-PERP | +0.0515% | 1h | 316.64 | −0.087% | $786K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0537% | 4h | 318.96 | +0.646% | $5.6M | $10.2M | — | as long as short |
| Lighter TAO | +0.0576% | 1h | 317.31 | +0.123% | $1.6M | $6.9M | 5x | as long as short |
| Phoenix TAO | +0.0629% | 1h | 319.50 | +0.815% | $318K | $703K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.71 | −0.064% | $364 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0716% | 1h | 317.19 | +0.086% | $292K | $906K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0720% | 1h | 316.79 | −0.040% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0756% | 1h | 317.33 | +0.130% | $93.8M | $110.1M | 5x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 316.60 | −0.099% | $447K | $668K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0835% | 1h | 317.37 | +0.142% | $5.9M | $21.7M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 319.03 | +0.667% | $1.5M | $6.9M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 322.94 | +1.900% | $23K | $2K | 12x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
MEXC TAO_USDT
Binance TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
Pacifica TAO
Bulk TAO-USD
Deribit TAO_USDC-PERPETUAL
GRVT TAO_USDT_Perp
Aster TAOUSDT
Extended TAO-USD
BloFin TAO-USDT
Phemex TAOUSDT
Variational Omni TAO
Lighter TAO
Phoenix TAO
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP