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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.072%
Price spread now: Aster against gTrade (Gains Network)+0.205%52s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.205% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TAO/USD302.59L +0.0004% / S −0.0007%pay 0.0001% / 1h33m 36s$26K150x
ShortAster TAOUSDT303.210.0100get 0.0050% / 4h1h 33m$1.1M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$20.11
Price spread: +0.205% → 0.000%
$20.55
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$22.66
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Aster live order book, 5 min ago1.32 bp6.4 bp −$619.8 bp −$198225.9 bp −$22.6Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.0186%1h303.81+0.404%$162K$54K10xas long as short
dYdX TAO-USD0.0000%1h303.13+0.179%$124K$85K5xas long as short
gTrade (Gains Network) TAO/USDlongL +0.0004% / S −0.0007%1h302.59long leg$26K150x
Popdex TAOUSDT+0.0096%1h303.38+0.262%$44K$536K20xas long as short
Aster TAOUSDTshort+0.0100%4h303.21+0.205%$1.1M$7.7M50x
Binance TAOUSDT+0.0100%4h303.35+0.252%$84.8M$412.9M75xas long as short
Bybit TAOUSDT+0.0100%4h303.47+0.292%$58.7M$121.0M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h303.40+0.269%$24.4M$95.1M50xas long as short
Arcus TAO-USD+0.0100%1h303.54+0.315%$79K$643K5xas long as short
Gate TAO_USDT+0.0100%4h303.00+0.136%$12.1M$48.7M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h303.27+0.226%$110.2M$124.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h303.50+0.302%$18.5M$27.2M75xas long as short
Bitget TAOUSDT+0.0100%4h303.12+0.176%$33.8M$46.0M50xas long as short
BingX TAO-USDT+0.0100%4h303.29+0.232%$30.3Mas long as short
Variational Omni TAO+0.0100%4h303.56+0.322%$3.7M$6.7Mas long as short
edgeX TAOUSDC+0.0100%4h302.63+0.015%$39K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h302.58−0.002%$500K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h302.62+0.011%$45K$269K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h302.73+0.047%$74K$604K5xas long as short
Bullet TAO-USD+0.0100%1h302.57−0.006%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h302.88+0.097%$58K$276K10xas long as short
SunX TAO-USDT+0.0100%4h302.87+0.094%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h303.16+0.189%$121K$363K20xas long as short
Phemex TAOUSDT+0.0100%4h303.25+0.219%$3.2M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h302.97+0.127%$166K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h303.35+0.252%$3K$493K5xas long as short
Paradex TAO-USD-PERP+0.0155%8h303.27+0.227%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h303.42+0.275%$358K$371K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h302.52−0.023%$432K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0251%1h302.98+0.130%$21K$1.4M25xas long as short
BloFin TAO-USDT+0.0340%4h302.76+0.057%$4.2M$9.3M100xas long as short
Lighter TAO+0.0344%1h303.51+0.304%$1.6M$5.3M5xas long as short
Nado TAO-PERP+0.0360%1h302.54−0.016%$816K$1.9M10xas long as short
01 Exchange TAOUSD+0.0400%1h303.62+0.341%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0426%1h303.30+0.236%$377K$757K10xas long as short
Phoenix TAO+0.0521%1h302.70+0.037%$321K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h302.50−0.030%$34820xas long as short
Extended TAO-USD+0.0840%1h303.22+0.210%$825K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h303.64+0.348%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1041%1h303.33+0.246%$5.7M$19.6M50xas long as short
Hyperliquid TAO+0.1068%1h303.87+0.424%$92.2M$80.4M5xas long as short
RISEx TAO/USDC+0.1155%1h303.52+0.308%$411K$545K5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+2.030%$22K$26412xas long as short