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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0604%/8h= +66.1% APRpaid last 24h +0.029%
Price spread now: BingX against gTrade (Gains Network)+0.031%46s7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BingX is 0.031% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TAO/USD324.11L +0.0004% / S −0.0004%pay 0.0001% / 1h33m 29s$21K150x
ShortBingX TAO-USDT324.210.0608get 0.0304% / 4h1h 33m$30.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$126.79
Price spread: +0.031% → 0.000%
$3.12
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$109.91
Costs to cover
0.200%
Break-even
0.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: 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 BingX live order book, 5 min ago1.88 bp9.4 bp −$913.7 bp −$13737.2 bp −$3,71796.9 bp −$48.4K
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−0.5583%1h316.49−2.351%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h323.76−0.108%$129K$85K5xas long as short
gTrade (Gains Network) TAO/USDlongL +0.0004% / S −0.0004%1h324.11long leg$21K150x
Popdex TAOUSDT+0.0096%1h324.52+0.127%$36K$671K20xas long as short
Binance TAOUSDT+0.0100%4h324.45+0.104%$94.6M$476.8M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h324.30+0.059%$26.7M$119.6M50xas long as short
Gate TAO_USDT+0.0100%4h324.00−0.034%$13.3M$49.6M50xas long as short
MEXC TAO_USDT+0.0100%4h324.19+0.025%$110.5M$140.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h324.23+0.037%$17.9M$31.1M75xas long as short
Bitget TAOUSDT+0.0100%4h324.110.000%$36.2M$54.4M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h322.54−0.483%$36K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h324.04−0.021%$88K$789K5xas long as short
SunX TAO-USDT+0.0100%4h323.98−0.040%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h323.78−0.102%$131K$481K20xas long as short
Phemex TAOUSDT+0.0100%4h324.25+0.044%$3.5M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h324.67+0.173%$178K$9983xas long as short
Orderly PERP_TAO_USDC+0.0110%4h324.12+0.003%$59K$281K10xas long as short
Katana Perps TAO-USD+0.0117%8h324.37+0.081%$1K$765K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0162% / S +0.0106%1h323.94−0.052%$440K100xas long as short
Kraken Futures PF_TAOUSD+0.0242%1h324.17+0.018%$5.7M$20.6M50xas long as short
GRVT TAO_USDT_Perp+0.0264%4h324.65+0.168%$540K$963K10xas long as short
Bullet TAO-USD+0.0312%1h324.31+0.062%$12K$18K20xas long as short
Paradex TAO-USD-PERP+0.0320%8h324.16+0.017%$15K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h323.97−0.043%$4.6M$10.9M100xas long as short
Aster TAOUSDT+0.0371%4h324.42+0.096%$1.2M$9.6M50xas long as short
Pacifica TAO+0.0448%1h324.38+0.084%$383K$396K10xas long as short
Phoenix TAO+0.0504%1h320.50−1.114%$335K$707K5xas long as short
Arcus TAO-USD+0.0509%1h324.66+0.170%$101K$489K5xas long as short
Nado TAO-PERP+0.0535%1h324.34+0.072%$793K$2.2M10xas long as short
Bybit TAOUSDT+0.0607%4h324.52+0.127%$71.4M$142.8M50xas long as short
BingX TAO-USDTshort+0.0608%4h324.21+0.031%$30.2M
Deribit TAO_USDC-PERPETUAL+0.0669%1h324.14+0.010%$33K$1.6M25xas long as short
Reya TAORUSDPERP+0.0696%1h324.18+0.021%$37320xas long as short
01 Exchange TAOUSD+0.0776%1h324.96+0.263%$3K$4K5xas long as short
ApeX Omni TAOUSDT+0.0804%1h322.29−0.561%$47K$254K50xas long as short
Variational Omni TAO+0.0866%4h320.39−1.147%$5.9M$9.7Mas long as short
Lighter TAO+0.0896%1h324.62+0.156%$1.6M$6.3M5xas long as short
Extended TAO-USD+0.0904%1h324.21+0.030%$949K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h325.38+0.392%$1.5M$6.7M50xas long as short
Backpack TAO_USDC_PERP+0.1063%1h324.63+0.161%$446K$860K10xas long as short
RISEx TAO/USDC+0.1159%1h324.46+0.107%$460K$628K5xas long as short
Hyperliquid TAO+0.1319%1h324.62+0.158%$102.0M$98.8M5xas long as short
Injective TAO/USDC PERP+0.4172%1h323.37−0.228%$24K$2K12xas long as short