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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h +0.101%
Price spread now: BloFin against gTrade (Gains Network)+0.552%110s7-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 +$10 a day on $10k at the current rate, and BloFin is 0.552% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 110 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/USD307.84L +0.0004% / S −0.0007%pay 0.0001% / 1h5m 22s$26K150x
ShortBloFin TAO-USDT309.540.0340get 0.0170% / 4h2h 05m$4.3M$9.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$70.51
Price spread: +0.552% → 0.000%
$55.19
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$103.7
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago1.13 bp8.8 bp −$919.1 bp −$191doesn't fitdoesn'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−0.0601%1h309.73+0.614%$203K$57K10xas long as short
dYdX TAO-USD0.0000%1h308.01+0.055%$129K$84K5xas long as short
gTrade (Gains Network) TAO/USDlongL +0.0004% / S −0.0007%1h307.84long leg$26K150x
Popdex TAOUSDT+0.0096%1h308.20+0.117%$43K$531K20xas long as short
Pacifica TAO+0.0100%1h308.45+0.199%$364K$368K10xas long as short
Binance TAOUSDT+0.0100%4h308.08+0.078%$86.4M$405.9M75xas long as short
Bybit TAOUSDT+0.0100%4h308.08+0.078%$59.9M$119.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h308.10+0.084%$25.4M$93.7M50xas long as short
Arcus TAO-USD+0.0100%1h308.62+0.253%$138K$584K5xas long as short
Gate TAO_USDT+0.0100%4h307.90+0.019%$12.3M$48.8M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h308.04+0.065%$118.9M$126.7M300xas long as short
KuCoin TAOUSDTM+0.0100%4h307.94+0.032%$18.8M$26.7M75xas long as short
Bitget TAOUSDT+0.0100%4h307.94+0.032%$34.4M$44.7M50xas long as short
BingX TAO-USDT+0.0100%4h308.02+0.058%$30.4Mas long as short
Variational Omni TAO+0.0100%4h308.45+0.198%$3.7M$6.6Mas long as short
edgeX TAOUSDC+0.0100%4h308.32+0.157%$40K$277K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h309.18+0.434%$550K$965K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h309.59+0.568%$46K$268K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h308.14+0.097%$78K$662K5xas long as short
Bullet TAO-USD+0.0100%1h308.11+0.087%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h307.95+0.035%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h307.94+0.032%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h308.58+0.240%$122K$353K20xas long as short
Phemex TAOUSDT+0.0100%4h308.93+0.354%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h308.15+0.101%$169K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h308.29+0.146%$2K$461K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0111%1h308.02+0.059%$11K$1.3M25xas long as short
Aster TAOUSDT+0.0156%4h308.06+0.071%$1.1M$7.6M50xas long as short
Paradex TAO-USD-PERP+0.0159%8h308.24+0.129%$14K$1K10xas long as short
Phoenix TAO+0.0234%1h309.10+0.409%$327K$462K5xas long as short
Nado TAO-PERP+0.0304%1h308.13+0.092%$850K$1.9M10xas long as short
BloFin TAO-USDTshort+0.0340%4h309.54+0.552%$4.3M$9.5M100x
GMX TAO/USD [WBTC.b-USDC]L +0.0485% / S −0.0184%1h307.80−0.014%$452K100xas long as short
01 Exchange TAOUSD+0.0544%1h308.65+0.263%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h308.04+0.066%$35420xas long as short
Extended TAO-USD+0.0768%1h308.22+0.122%$907K$2.0M25xas long as short
Backpack TAO_USDC_PERP+0.0901%1h308.63+0.256%$384K$754K10xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h311.63+1.231%$1.5M$5.5M50xas long as short
Lighter TAO+0.0976%1h308.63+0.256%$1.7M$4.8M5xas long as short
Kraken Futures PF_TAOUSD+0.1022%1h308.54+0.227%$6.4M$19.1M50xas long as short
RISEx TAO/USDC+0.1053%1h308.39+0.177%$412K$542K5xas long as short
Hyperliquid TAO+0.1855%1h308.72+0.286%$96.7M$77.6M5xas long as short
Injective TAO/USDC PERP+0.4876%1h308.73+0.289%$22K$27112xas long as short