TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0360%/8h= +39.5% APRnext payment +$0.45 per $10,000 · paid last 24h +0.037%

Price spread now: Pacifica against gTrade (Gains Network)+0.009%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 Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TAO/USD	315.50	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	45m 49s	$20K	—	150x
Short	Pacifica TAO	315.53	0.0365	get 0.0046% / 1h	45m 49s	$362K	$409K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.009%Rate

Funding earned: $75.69
Price spread: +0.009% → 0.000%: $0.91
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $58.59
Costs to cover: 0.180%
Break-even: 1.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 13 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 Pacifica live order book, 13 min ago	3.49 bp	11.6 bp −$12	doesn't fit	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	−0.0499%	1h	315.15	−0.111%	$167K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	315.31	−0.060%	$126K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	315.50	long leg	$20K	—	150x
Kraken Futures PF_TAOUSD	+0.0056%	1h	316.03	+0.169%	$5.6M	$20.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.54	+0.012%	$42K	$685K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.13	+0.199%	$91.1M	$489.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.00	+0.158%	$26.0M	$119.6M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.90	+0.126%	$12.9M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	316.33	+0.263%	$105.7M	$142.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.13	+0.199%	$17.6M	$31.6M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	315.74	+0.076%	$35.3M	$55.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.23	−0.402%	$35K	$303K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.21	−0.409%	$46K	$252K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	315.49	−0.003%	$89K	$790K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	315.71	+0.066%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.84	+0.107%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.53	+0.009%	$109K	$527K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	315.97	+0.149%	$3.2M	$8.1M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.76	+0.081%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0104%	8h	315.31	−0.061%	$645	$785K	5x	as long as short
GRVT TAO_USDT_Perp	+0.0106%	4h	314.83	−0.212%	$524K	$944K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0124%	4h	315.88	+0.120%	$57K	$275K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0152% / S +0.0116%	1h	315.44	−0.019%	$428K	—	100x	as long as short
Bybit TAOUSDT	+0.0154%	4h	316.02	+0.165%	$68.8M	$146.4M	50x	as long as short
BingX TAO-USDT	+0.0184%	4h	316.02	+0.165%	—	$30.1M	—	as long as short
Paradex TAO-USD-PERP	+0.0195%	8h	315.58	+0.025%	$14K	$1K	10x	as long as short
01 Exchange TAOUSD	+0.0200%	1h	315.50	0.000%	$3K	$4K	5x	as long as short
Nado TAO-PERP	+0.0210%	1h	315.61	+0.035%	$807K	$2.2M	10x	as long as short
Aster TAOUSDT	+0.0221%	4h	315.99	+0.156%	$1.2M	$10.1M	50x	as long as short
Hyperliquid TAO	+0.0247%	1h	316.21	+0.225%	$94.2M	$105.0M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0301%	1h	316.41	+0.288%	$317K	$910K	10x	as long as short
Extended TAO-USD	+0.0328%	1h	316.27	+0.245%	$922K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	315.93	+0.136%	$4.5M	$10.9M	100x	as long as short
Arcus TAO-USD	+0.0345%	1h	315.84	+0.107%	$100K	$488K	5x	as long as short
Lighter TAO	+0.0360%	1h	316.31	+0.256%	$1.5M	$6.5M	5x	as long as short
Pacifica TAOshort	+0.0365%	1h	315.53	+0.009%	$362K	$409K	10x
Deribit TAO_USDC-PERPETUAL	+0.0553%	1h	316.17	+0.213%	$11K	$1.6M	25x	as long as short
Phoenix TAO	+0.0581%	1h	314.50	−0.317%	$313K	$697K	5x	as long as short
Variational Omni TAO	+0.0641%	4h	315.94	+0.138%	$5.8M	$9.8M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	315.57	+0.023%	$363	—	20x	as long as short
RISEx TAO/USDC	+0.0991%	1h	315.60	+0.030%	$436K	$658K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	316.48	+0.310%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	319.61	+1.302%	$23K	$2K	12x	as long as short