TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Gate+0.359%93s7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.507% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.430%+$43 on $10k

Price spread, last 4 days (all we have)−0.300%−$30 · spread now +0.359%, 7d avg +0.059%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.300% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.059%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TAO_USDT	317.70	0.0100	pay 0.0050% / 4h	3h 59m	$14.8M	$48.7M	50x
Short	BloFin TAO-USDT	318.84	0.0418	get 0.0209% / 4h	3h 59m	$4.8M	$11.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.359%Rate

Funding earned: $66.7
Price spread: +0.359% → +0.059%: $30
Slippage, 4 orders: −$23.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $45.99
Costs to cover: 0.507%
Break-even: 2.2 days

Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 9 min ago.

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 Gate live order book, 4 min ago	3.15 bp	17.4 bp −$17	42.5 bp −$425	58.8 bp −$5,882	93.2 bp −$46.6K
Sell BloFin live order book, 9 min ago	1.25 bp	7.3 bp −$7	14.0 bp −$140	31.0 bp −$3,105	doesn't fit

TAO on 42 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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	317.83	+0.041%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0065%	1h	317.56	−0.045%	$128K	$86K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	318.26	+0.176%	$50K	$716K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	318.21	+0.161%	$70.0M	$157.1M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.00	+0.094%	$26.4M	$131.7M	50x	as long as short
Gate TAO_USDTlong	+0.0100%	4h	317.70	long leg	$14.8M	$48.7M	50x
KuCoin TAOUSDTM	+0.0100%	4h	318.02	+0.101%	$17.8M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	317.67	−0.009%	$35.8M	$57.7M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	318.00	+0.094%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	317.75	+0.016%	$2K	$2.0M	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	317.76	+0.019%	$117K	$590K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0102% / S +0.0140%	1h	317.73	+0.010%	$405K	—	100x	as long as short
Aevo TAO-PERP	+0.0128%	1h	318.27	+0.179%	$175K	$998	3x	as long as short
ApeX Omni TAOUSDT	+0.0137%	1h	317.45	−0.079%	$46K	$259K	50x	as long as short
MEXC TAO_USDT	+0.0176%	4h	317.90	+0.063%	$104.2M	$151.0M	300x	as long as short
Binance TAOUSDT	+0.0177%	4h	318.06	+0.114%	$93.0M	$533.0M	75x	as long as short
Orderly PERP_TAO_USDC	+0.0184%	4h	317.94	+0.076%	$52K	$295K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	317.56	−0.043%	$42K	$321K	10x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	+0.071%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0250%	8h	318.22	+0.162%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0280%	4h	318.06	+0.113%	—	$37.3M	—	as long as short
Bullet TAO-USD	+0.0291%	1h	318.01	+0.099%	$12K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0302%	4h	317.66	−0.013%	$540K	$896K	10x	as long as short
Pacifica TAO	+0.0313%	1h	318.06	+0.113%	$373K	$454K	10x	as long as short
Aster TAOUSDT	+0.0334%	4h	317.90	+0.062%	$1.3M	$11.1M	50x	as long as short
Extended TAO-USD	+0.0360%	1h	317.77	+0.023%	$904K	$2.4M	25x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0370%	1h	318.21	+0.161%	$15K	$1.9M	25x	as long as short
BloFin TAO-USDTshort	+0.0418%	4h	318.84	+0.359%	$4.8M	$11.0M	100x
Phemex TAOUSDT	+0.0422%	4h	317.92	+0.069%	$3.2M	$8.1M	50x	as long as short
Arcus TAO-USD	+0.0473%	1h	318.14	+0.138%	$100K	$383K	5x	as long as short
Nado TAO-PERP	+0.0477%	1h	317.98	+0.089%	$778K	$2.0M	10x	as long as short
01 Exchange TAOUSD	+0.0512%	1h	317.99	+0.091%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0581%	4h	318.88	+0.372%	$5.6M	$10.1M	—	as long as short
Phoenix TAO	+0.0629%	1h	319.30	+0.504%	$321K	$703K	5x	as long as short
Lighter TAO	+0.0632%	1h	318.22	+0.162%	$1.6M	$6.6M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	317.88	+0.056%	$366	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0725%	1h	317.96	+0.082%	$434K	$992K	10x	as long as short
Hyperliquid TAO	+0.0781%	1h	318.01	+0.098%	$94.1M	$110.3M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0833%	1h	317.98	+0.089%	$6.0M	$21.7M	50x	as long as short
RISEx TAO/USDC	+0.0840%	1h	317.78	+0.024%	$448K	$668K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.22	+0.164%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.492%	$23K	$2K	12x	as long as short