TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.030%

Price spread now: Katana Perps against gTrade (Gains Network)+0.052%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 Katana Perps

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 +$3 a day on $10k at the current rate, and Katana Perps is 0.052% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 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	311.65	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	48m 43s	$20K	—	150x
Short	Katana Perps TAO-USD	311.81	0.0098	get 0.0098% / 8h	3h 48m	$2K	$811K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps 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 Katana PerpsbpOrdersPrice spread, now +0.052%Rate

Funding earned: $19.75
Price spread: +0.052% → 0.000%: $5.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: $11.11
Costs to cover: 0.138%
Break-even: 3.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Katana Perps: 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 Katana Perps no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Katana Perps: 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
Kraken Futures PF_TAOUSD	−0.0348%	1h	311.93	+0.089%	$5.5M	$20.6M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	312.04	+0.125%	$124K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	311.65	long leg	$20K	—	150x
Gate TAO_USDT	+0.0054%	4h	311.80	+0.048%	$12.9M	$49.4M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.09	+0.142%	$44K	$654K	20x	as long as short
Katana Perps TAO-USDshort	+0.0098%	8h	311.81	+0.052%	$2K	$811K	5x
Pacifica TAO	+0.0100%	1h	312.41	+0.244%	$356K	$413K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.45	+0.258%	$89.7M	$497.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	312.59	+0.302%	$67.4M	$149.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.60	+0.305%	$25.9M	$120.3M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk TAO-USD	+0.0100%	1h	315.10	+1.107%	$167K	$2K	10x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.50	+0.273%	$101.1M	$144.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.15	+0.161%	$17.7M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.27	+0.199%	$34.9M	$56.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	312.34	+0.222%	—	$33.0M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.18	+0.811%	$42K	$312K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.25	+0.835%	$46K	$255K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	311.73	+0.026%	$81K	$867K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.90	+0.081%	$11K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.73	+0.026%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.43	−0.070%	$108K	$536K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	311.92	+0.088%	$171K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0112%	4h	314.50	+0.916%	$533K	$955K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0119%	4h	311.78	+0.042%	$52K	$270K	10x	as long as short
Aster TAOUSDT	+0.0122%	4h	311.93	+0.090%	$1.2M	$10.4M	50x	as long as short
Hyperliquid TAO	+0.0128%	1h	312.43	+0.251%	$91.6M	$106.8M	5x	as long as short
Paradex TAO-USD-PERP	+0.0142%	8h	312.53	+0.282%	$14K	$1K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0142% / S +0.0130%	1h	311.57	−0.024%	$415K	—	100x	as long as short
Extended TAO-USD	+0.0184%	1h	312.41	+0.245%	$913K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0231%	1h	312.60	+0.305%	$101K	$391K	5x	as long as short
Nado TAO-PERP	+0.0261%	1h	312.07	+0.134%	$785K	$2.2M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	312.09	+0.142%	$4.5M	$10.8M	100x	as long as short
Variational Omni TAO	+0.0346%	4h	312.61	+0.308%	$5.6M	$10.0M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0361%	1h	311.88	+0.075%	$21K	$1.7M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0382%	1h	312.06	+0.132%	$310K	$914K	10x	as long as short
Lighter TAO	+0.0408%	1h	312.57	+0.297%	$1.5M	$6.4M	5x	as long as short
01 Exchange TAOUSD	+0.0408%	1h	312.11	+0.148%	$3K	$4K	5x	as long as short
Phoenix TAO	+0.0457%	1h	313.90	+0.722%	$312K	$711K	5x	as long as short
Phemex TAOUSDT	+0.0596%	4h	311.78	+0.042%	$3.2M	$8.1M	50x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	311.88	+0.073%	$359	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	312.33	+0.220%	$433K	$650K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	312.39	+0.238%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	317.38	+1.839%	$23K	$2K	12x	as long as short