TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Popdex against gTrade (Gains Network)+0.073%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 Popdex

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 Popdex is 0.073% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 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	309.31	L +0.0004% / S −0.0002%	pay 0.0000% / 1h	43m 47s	$12K	—	150x
Short	Popdex TAOUSDT	309.53	0.0096	get 0.0012% / 1h	43m 47s	$47K	$605K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.073%Rate

Funding earned: $19.37
Price spread: +0.073% → 0.000%: $7.27
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: $10.24
Costs to cover: 0.164%
Break-even: 3.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Popdex: live order book, 25 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 Popdex live order book, 25 min ago	1.74 bp	10.9 bp −$11	92.1 bp −$921	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
dYdX TAO-USD	0.0000%	1h	308.57	−0.238%	$123K	$87K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0002%	1h	309.31	long leg	$12K	—	150x
Popdex TAOUSDTshort	+0.0096%	1h	309.53	+0.073%	$47K	$605K	20x
Binance TAOUSDT	+0.0100%	4h	309.56	+0.082%	$89.3M	$458.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	309.60	+0.095%	$25.3M	$108.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	309.40	+0.031%	$12.6M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	309.64	+0.108%	$101.8M	$136.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.59	+0.092%	$18.0M	$30.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	309.29	−0.005%	$34.4M	$52.4M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.63	+0.104%	$34K	$300K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TAO_USDT_Perp	+0.0100%	4h	311.49	+0.705%	$519K	$964K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.89	+0.189%	$46K	$267K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	309.58	+0.089%	$56K	$289K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	309.36	+0.018%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.80	+0.160%	$127K	$470K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	310.12	+0.264%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	309.28	−0.008%	$633	$674K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0170% / S +0.0092%	1h	309.18	−0.039%	$426K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0171%	1h	309.50	+0.062%	$5.5M	$20.3M	50x	as long as short
Aster TAOUSDT	+0.0172%	4h	309.29	−0.003%	$1.3M	$9.1M	50x	as long as short
Bullet TAO-USD	+0.0234%	1h	309.50	+0.064%	$12K	$17K	20x	as long as short
Paradex TAO-USD-PERP	+0.0269%	8h	309.00	−0.097%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0280%	1h	309.44	+0.044%	$77K	$643K	5x	as long as short
Pacifica TAO	+0.0285%	1h	309.01	−0.095%	$365K	$378K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	309.45	+0.047%	$82K	$551K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.16	+0.600%	$4.4M	$10.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0354%	1h	309.60	+0.095%	$15K	$1.5M	25x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	315.63	+2.045%	$23K	$2K	12x	as long as short
Phemex TAOUSDT	+0.0474%	4h	309.36	+0.018%	$3.4M	$8.0M	50x	as long as short
Nado TAO-PERP	+0.0578%	1h	309.53	+0.072%	$757K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	309.80	+0.160%	$324K	$681K	5x	as long as short
01 Exchange TAOUSD	+0.0664%	1h	309.64	+0.108%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0696%	4h	309.05	−0.083%	$5.4M	$8.8M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	309.34	+0.011%	$356	—	20x	as long as short
BingX TAO-USDT	+0.0740%	4h	309.61	+0.099%	—	$31.1M	—	as long as short
Bybit TAOUSDT	+0.0775%	4h	309.74	+0.141%	$63.3M	$135.3M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0853%	1h	309.75	+0.144%	$313K	$814K	10x	as long as short
Extended TAO-USD	+0.0976%	1h	309.80	+0.158%	$890K	$2.4M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	310.07	+0.247%	$1.5M	$6.3M	50x	as long as short
RISEx TAO/USDC	+0.1132%	1h	309.44	+0.043%	$411K	$605K	5x	as long as short
Hyperliquid TAO	+0.1295%	1h	309.89	+0.190%	$98.3M	$92.9M	5x	as long as short
Lighter TAO	+0.1408%	1h	309.92	+0.199%	$1.6M	$6.0M	5x	as long as short
Bulk TAO-USD	+0.3743%	1h	312.40	+1.001%	$166K	$40K	10x	as long as short