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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: edgeX against gTrade (Gains Network)+0.723%7-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 airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.723% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$72 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/USD311.68L +0.0004% / S −0.0004%pay 0.0001% / 1h24m 27s$20K150x
ShortedgeX TAOUSDC313.930.0100get 0.0050% / 4h24m 27s$41K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.723% → 0.000%
$72.32
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$73.43
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 53 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 edgeX live order book, 53 min ago6.54 bp11.1 bp −$1126.0 bp −$260doesn'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−0.4493%1h315.57+1.249%$169K$47K10xas long as short
dYdX TAO-USD0.0000%1h311.08−0.192%$124K$88K5xas long as short
gTrade (Gains Network) TAO/USDlongL +0.0004% / S −0.0004%1h311.68long leg$20K150x
Injective TAO/USDC PERP+0.0033%1h314.95+1.050%$23K$36112xas long as short
Popdex TAOUSDT+0.0096%1h311.12−0.179%$35K$564K20xas long as short
Pacifica TAO+0.0100%1h311.50−0.057%$369K$363K10xas long as short
Binance TAOUSDT+0.0100%4h311.09−0.188%$88.2M$427.2M75xas long as short
Bybit TAOUSDT+0.0100%4h311.24−0.140%$61.0M$125.1M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h311.20−0.153%$25.1M$101.0M50xas long as short
Gate TAO_USDT+0.0100%4h311.20−0.153%$12.4M$50.0M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h311.85+0.056%$110.1M$130.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h311.46−0.070%$18.5M$27.8M75xas long as short
Bitget TAOUSDT+0.0100%4h310.96−0.230%$34.7M$46.6M50xas long as short
BingX TAO-USDT+0.0100%4h311.28−0.127%$30.3Mas long as short
edgeX TAOUSDCshort+0.0100%4h313.93+0.723%$41K$279K10x
GRVT TAO_USDT_Perp+0.0100%4h313.92+0.719%$521K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h313.77+0.672%$47K$268K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h311.22−0.147%$76K$476K5xas long as short
Bullet TAO-USD+0.0100%1h311.09−0.188%$11K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h311.83+0.049%$60K$275K10xas long as short
SunX TAO-USDT+0.0100%4h311.66−0.005%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h311.92+0.078%$126K$407K20xas long as short
Phemex TAOUSDT+0.0100%4h311.92+0.078%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h312.11+0.138%$171K$9983xas long as short
Katana Perps TAO-USD+0.0109%8h311.04−0.204%$3K$555K5xas long as short
Aster TAOUSDT+0.0178%4h311.19−0.158%$1.1M$7.9M50xas long as short
Arcus TAO-USD+0.0186%1h311.76+0.027%$82K$565K5xas long as short
Paradex TAO-USD-PERP+0.0188%8h311.45−0.073%$14K$1K10xas long as short
Variational Omni TAO+0.0199%4h312.46+0.251%$4.0M$7.0Mas long as short
Deribit TAO_USDC-PERPETUAL+0.0202%1h311.88+0.067%$20K$1.5M25xas long as short
BloFin TAO-USDT+0.0340%4h312.00+0.104%$4.4M$10.5M100xas long as short
Kraken Futures PF_TAOUSD+0.0450%1h312.06+0.122%$5.7M$19.9M50xas long as short
Nado TAO-PERP+0.0459%1h311.01−0.215%$818K$2.0M10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0475% / S −0.0175%1h311.69+0.004%$447K100xas long as short
Backpack TAO_USDC_PERP+0.0519%1h312.01+0.107%$291K$804K10xas long as short
Phoenix TAO+0.0537%1h314.20+0.809%$329K$521K5xas long as short
01 Exchange TAOUSD+0.0608%1h311.27−0.131%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h311.11−0.182%$35820xas long as short
Extended TAO-USD+0.0856%1h311.07−0.196%$855K$2.1M25xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h313.04+0.437%$1.5M$5.8M50xas long as short
Lighter TAO+0.1224%1h312.21+0.172%$1.6M$5.8M5xas long as short
RISEx TAO/USDC+0.1238%1h311.19−0.158%$433K$567K5xas long as short
Hyperliquid TAO+0.1700%1h311.54−0.044%$97.2M$83.8M5xas long as short