TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.3707%/8h= +405.9% APRnext payment +$4.63 per $10,000 · paid last 24h +0.700%

Price spread now: Injective against gTrade (Gains Network)+1.244%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 Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$111 a day on $10k at the current rate, and Injective is 1.244% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$124 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TAO/USD	318.97	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	12m 43s	$21K	—	150x
Short	Injective TAO/USDC PERP	322.94	0.3711	get 0.0464% / 1h	12m 43s	$23K	$2K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now +1.244%Rate

Funding earned: $778.51
Price spread: +1.244% → 0.000%: $124.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $892.86
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Injective: 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	−0.0038%	1h	313.74	−1.641%	$167K	$333	10x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	318.97	long leg	$21K	—	150x
dYdX TAO-USD	+0.0032%	1h	318.55	−0.134%	$127K	$85K	5x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.00	+0.008%	$26.7M	$125.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.60	−0.117%	$14.2M	$51.6M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.95	−0.007%	$17.6M	$31.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.62	−0.111%	$35.9M	$57.5M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	318.35	−0.197%	$42K	$317K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.22	+0.077%	$91K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.01	+0.012%	$2K	$1.9M	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	318.94	−0.010%	$116K	$565K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	318.89	−0.026%	$3.2M	$8.1M	50x	as long as short
MEXC TAO_USDT	+0.0104%	4h	319.09	+0.037%	$101.1M	$148.1M	300x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.51	+0.168%	$175K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	319.08	+0.034%	$2K	$945K	5x	as long as short
Binance TAOUSDT	+0.0110%	4h	318.96	−0.004%	$91.5M	$513.0M	75x	as long as short
Orderly PERP_TAO_USDC	+0.0118%	4h	319.23	+0.081%	$53K	$291K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0127% / S +0.0142%	1h	318.93	−0.013%	$427K	—	100x	as long as short
Popdex TAOUSDT	+0.0128%	1h	319.40	+0.134%	$54K	$671K	20x	as long as short
Pacifica TAO	+0.0233%	1h	318.99	+0.005%	$364K	$420K	10x	as long as short
Aster TAOUSDT	+0.0271%	4h	318.99	+0.005%	$1.3M	$10.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0278%	8h	319.13	+0.049%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0282%	1h	319.46	+0.152%	$803K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0298%	1h	319.35	+0.118%	$6.0M	$21.6M	50x	as long as short
Bullet TAO-USD	+0.0325%	1h	319.38	+0.128%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0344%	4h	319.43	+0.143%	$3.7M	$11.0M	100x	as long as short
Bybit TAOUSDT	+0.0391%	4h	319.03	+0.018%	$69.8M	$153.7M	50x	as long as short
BingX TAO-USDT	+0.0400%	4h	318.87	−0.032%	—	$33.8M	—	as long as short
GRVT TAO_USDT_Perp	+0.0436%	4h	318.55	−0.132%	$545K	$935K	10x	as long as short
Variational Omni TAO	+0.0467%	4h	317.98	−0.311%	$5.6M	$10.1M	—	as long as short
Arcus TAO-USD	+0.0483%	1h	319.72	+0.234%	$103K	$345K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0500%	1h	319.26	+0.091%	$15K	$1.8M	25x	as long as short
ApeX Omni TAOUSDT	+0.0504%	1h	318.01	−0.302%	$45K	$256K	50x	as long as short
Extended TAO-USD	+0.0504%	1h	318.66	−0.099%	$906K	$2.4M	25x	as long as short
Phoenix TAO	+0.0513%	1h	318.90	−0.023%	$317K	$713K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	319.20	+0.073%	$367	—	20x	as long as short
01 Exchange TAOUSD	+0.0800%	1h	319.73	+0.237%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0806%	1h	319.16	+0.059%	$93.7M	$109.5M	5x	as long as short
Lighter TAO	+0.0816%	1h	319.31	+0.107%	$1.5M	$6.6M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0839%	1h	319.20	+0.071%	$316K	$890K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	319.97	+0.313%	$1.5M	$7.0M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	319.34	+0.114%	$461K	$649K	5x	as long as short
Injective TAO/USDC PERPshort	+0.3711%	1h	322.94	+1.244%	$23K	$2K	12x