Funding you earn now, next payment 09:00 UTC+0.0626%/8h= +68.6% APRnext payment +$0.78 per $10,000 · paid last 24h +0.060%
Price spread now: Deribit against gTrade (Gains Network)+0.022%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$19 a day on $10k at the current rate, and Deribit is 0.022% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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 | 323.24 | L +0.0004% / S −0.0003% | pay 0.0000% / 1h | 0m 52s | $20K | — | 150x |
| Short | Deribit TAO_USDC-PERPETUAL | 323.31 | 0.0630 | get 0.0079% / 1h | 0m 52s | $20K | $1.9M | 25x |
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $131.51
- Price spread: +0.022% → 0.000%
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $116.71
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 3 min ago | 7.26 bp | 10.8 bp −$11 | 23.9 bp −$239 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0241% | 1h | 318.85 | −1.360% | $169K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USDlong | L +0.0004% / S −0.0003% | 1h | 323.24 | long leg | $20K | — | 150x | |
| Popdex TAOUSDT | +0.0096% | 1h | 323.73 | +0.152% | $52K | $702K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 324.24 | +0.309% | $71.4M | $154.8M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 324.00 | +0.235% | $27.1M | $131.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 323.80 | +0.173% | $15.5M | $51.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 323.66 | +0.130% | $17.7M | $32.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 323.85 | +0.189% | $36.6M | $56.6M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 323.66 | +0.130% | $89K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 323.20 | −0.012% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 323.83 | +0.183% | $117K | $552K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 323.15 | −0.028% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 323.77 | +0.164% | $662 | $1.2M | 5x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 323.45 | +0.065% | $178K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0156% | 4h | 324.20 | +0.297% | $106.0M | $156.6M | 300x | as long as short |
| Binance TAOUSDT | +0.0159% | 4h | 324.16 | +0.284% | $94.9M | $519.4M | 75x | as long as short |
| BingX TAO-USDT | +0.0162% | 4h | 324.03 | +0.244% | — | $38.9M | — | as long as short |
| edgeX TAOUSDC | +0.0164% | 4h | 321.70 | −0.478% | $42K | $322K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0222% | 8h | 323.87 | +0.194% | $15K | $876 | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0244% | 4h | 323.39 | +0.046% | $55K | $272K | 10x | as long as short |
| Bullet TAO-USD | +0.0279% | 1h | 323.53 | +0.090% | $13K | $17K | 20x | as long as short |
| Extended TAO-USD | +0.0280% | 1h | 324.07 | +0.258% | $979K | $2.2M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0284% | 4h | 321.52 | −0.533% | $548K | $825K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0306% | 1h | 321.60 | −0.507% | $45K | $256K | 50x | as long as short |
| Aster TAOUSDT | +0.0325% | 4h | 324.08 | +0.259% | $1.3M | $11.2M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 323.95 | +0.221% | $377K | $439K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0369% / S −0.0109% | 1h | 323.08 | −0.050% | $383K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0398% | 1h | 323.73 | +0.151% | $762K | $2.0M | 10x | as long as short |
| BloFin TAO-USDT | +0.0399% | 4h | 323.57 | +0.102% | $4.8M | $11.0M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 323.94 | +0.217% | $102K | $329K | 5x | as long as short |
| Variational Omni TAO | +0.0522% | 4h | 323.77 | +0.162% | $5.7M | $9.8M | — | as long as short |
| dYdX TAO-USD | +0.0532% | 1h | 324.25 | +0.312% | $273K | $232K | 5x | as long as short |
| Lighter TAO | +0.0568% | 1h | 324.25 | +0.312% | $1.6M | $6.8M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 324.30 | +0.328% | $326K | $714K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUALshort | +0.0630% | 1h | 323.31 | +0.022% | $20K | $1.9M | 25x | |
| 01 Exchange TAOUSD | +0.0648% | 1h | 324.35 | +0.343% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0693% | 1h | 324.42 | +0.365% | $97.9M | $109.8M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 323.36 | +0.038% | $372 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0709% | 1h | 323.77 | +0.164% | $321K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0769% | 1h | 323.53 | +0.090% | $6.3M | $21.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 322.86 | −0.118% | $440K | $711K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 324.31 | +0.331% | $1.1M | $7.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 322.62 | −0.192% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
Binance TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Orderly PERP_TAO_USDC
Bullet TAO-USD
Extended TAO-USD
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
BloFin TAO-USDT
Arcus TAO-USD
Variational Omni TAO
dYdX TAO-USD
Lighter TAO
Phoenix TAO
01 Exchange TAOUSD
Hyperliquid TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP