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

TAO

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0940%/8h= +103.0% APRnext payment +$1.18 per $10,000 · paid last 24h +0.279%
Price spread now: Coinbase International against gTrade (Gains Network)+0.476%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on gTrade (Gains Network)Short on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 4 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 +$28 a day on $10k at the current rate, and Coinbase International is 0.476% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TAO/USD323.24L +0.0004% / S −0.0003%pay 0.0000% / 1h1m 52s$20K—150x
ShortCoinbase International TAO-PERP-INTX324.780.0944get 0.0118% / 1h1m 52s$1.1M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$197.45
Price spread: +0.476% → 0.000%
$47.64
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$225.09
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago8.65 bp13.6 bp −$1419.7 bp −$197doesn'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−0.0241%1h318.85−1.360%$169K$010xas long as short
gTrade (Gains Network) TAO/USDlongL +0.0004% / S −0.0003%1h323.24long leg$20K—150x
Popdex TAOUSDT+0.0096%1h324.27+0.319%$53K$700K20xas long as short
Bybit TAOUSDT+0.0100%4h324.12+0.272%$71.3M$154.7M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h324.00+0.235%$27.1M$131.7M50xas long as short
Gate TAO_USDT+0.0100%4h323.60+0.111%$15.4M$51.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h323.94+0.217%$17.7M$32.2M75xas long as short
Bitget TAOUSDT+0.0100%4h323.68+0.136%$36.5M$56.6M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h324.10+0.266%$89K$1.1M5xas long as short
SunX TAO-USDT+0.0100%4h323.69+0.139%$2K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h323.88+0.198%$118K$552K20xas long as short
Phemex TAOUSDT+0.0100%4h323.46+0.068%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0113%8h324.14+0.278%$1K$1.2M5xas long as short
Aevo TAO-PERP+0.0120%1h323.98+0.230%$178K$9983xas long as short
MEXC TAO_USDT+0.0156%4h324.13+0.275%$105.8M$156.6M300xas long as short
Binance TAOUSDT+0.0156%4h324.04+0.247%$94.8M$519.3M75xas long as short
BingX TAO-USDT+0.0162%4h323.81+0.176%—$38.9M—as long as short
edgeX TAOUSDC+0.0164%4h321.70−0.478%$42K$322K10xas long as short
Paradex TAO-USD-PERP+0.0220%8h324.66+0.439%$15K$87610xas long as short
Orderly PERP_TAO_USDC+0.0242%4h323.90+0.204%$55K$272K10xas long as short
Bullet TAO-USD+0.0275%1h324.08+0.260%$13K$17K20xas long as short
Extended TAO-USD+0.0280%1h323.95+0.219%$983K$2.2M25xas long as short
GRVT TAO_USDT_Perp+0.0284%4h321.52−0.533%$548K$825K10xas long as short
ApeX Omni TAOUSDT+0.0306%1h321.60−0.507%$45K$256K50xas long as short
Aster TAOUSDT+0.0323%4h324.00+0.235%$1.3M$11.2M50xas long as short
Pacifica TAO+0.0349%1h324.65+0.436%$378K$439K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0370% / S −0.0109%1h323.38+0.044%$384K—100xas long as short
Nado TAO-PERP+0.0393%1h324.39+0.357%$764K$2.0M10xas long as short
BloFin TAO-USDT+0.0396%4h323.78+0.167%$4.8M$11.0M100xas long as short
Arcus TAO-USD+0.0404%1h324.57+0.411%$102K$331K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0520%1h323.82+0.181%$20K$1.9M25xas long as short
dYdX TAO-USD+0.0532%1h324.25+0.312%$273K$232K5xas long as short
Variational Omni TAO+0.0551%4h321.24−0.618%$5.7M$9.8M—as long as short
Lighter TAO+0.0568%1h323.94+0.218%$1.6M$6.8M5xas long as short
Phoenix TAO+0.0578%1h321.70−0.476%$324K$714K5xas long as short
01 Exchange TAOUSD+0.0640%1h324.80+0.483%$3K$4K5xas long as short
Hyperliquid TAO+0.0678%1h323.83+0.184%$97.8M$109.7M5xas long as short
Reya TAORUSDPERP+0.0699%1h323.70+0.144%$372—20xas long as short
Backpack TAO_USDC_PERP+0.0709%1h323.60+0.111%$321K$1.0M10xas long as short
Kraken Futures PF_TAOUSD+0.0769%1h323.86+0.192%$6.3M$21.0M50xas long as short
RISEx TAO/USDC+0.0840%1h322.86−0.118%$440K$711K5xas long as short
Coinbase International TAO-PERP-INTXshort+0.0944%1h324.78+0.476%$1.1M$7.6M50x
Injective TAO/USDC PERP+0.3512%1h322.62−0.192%$23K$2K12xas long as short