Settings8H · net · $10k
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Funding arb · Price arb /

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 03:00 UTC+0.0820%/8h= +89.8% APRpaid last 24h +0.060%
Price spread now: Extended against Gate+0.022%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Long on GateShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.022%, 7d avg −0.018%
Together, before fees+0.103%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Extended is 0.040% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TAO_USDT318.900.0100pay 0.0050% / 4h1h 41m$13.0M$49.3M50x
ShortExtended TAO-USD318.970.0920get 0.0115% / 1h41m 51s$921K$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$172.2
Price spread: +0.022% → −0.018%
$3.97
Slippage, 4 orders
−$30.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$125.38
Costs to cover
0.508%
Break-even
1.9 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago3.14 bp16.6 bp −$1736.4 bp −$36464.9 bp −$6,486102.0 bp −$51.0K
Sell Extended live order book, 2 min ago2.98 bp5.8 bp −$67.2 bp −$72doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.3652%1h316.49−0.756%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h318.54−0.113%$127K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h319.02+0.038%$21K—150xas long as short
Popdex TAOUSDT+0.0096%1h319.69+0.248%$45K$653K20xas long as short
Binance TAOUSDT+0.0100%4h319.27+0.116%$92.5M$470.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.80−0.031%$26.3M$116.3M50xas long as short
Gate TAO_USDTlong+0.0100%4h318.90long leg$13.0M$49.3M50x
MEXC TAO_USDT+0.0100%4h319.12+0.069%$106.2M$139.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h319.00+0.031%$18.0M$30.8M75xas long as short
Bitget TAOUSDT+0.0100%4h318.79−0.034%$35.6M$53.8M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.72−0.369%$36K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.23+0.103%$76K$759K5xas long as short
Orderly PERP_TAO_USDC+0.0100%4h319.35+0.141%$58K$282K10xas long as short
SunX TAO-USDT+0.0100%4h319.07+0.053%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h319.59+0.216%$130K$478K20xas long as short
Phemex TAOUSDT+0.0100%4h318.97+0.022%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h319.47+0.178%$175K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h319.55+0.204%$1K$752K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0163% / S +0.0106%1h318.95+0.015%$434K—100xas long as short
GRVT TAO_USDT_Perp+0.0206%4h316.82−0.651%$523K$955K10xas long as short
Kraken Futures PF_TAOUSD+0.0246%1h319.37+0.146%$5.6M$20.5M50xas long as short
Bullet TAO-USD+0.0286%1h319.37+0.147%$12K$18K20xas long as short
Aster TAOUSDT+0.0314%4h319.27+0.116%$1.2M$9.3M50xas long as short
Paradex TAO-USD-PERP+0.0331%8h318.95+0.015%$14K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h318.53−0.116%$4.5M$10.4M100xas long as short
Pacifica TAO+0.0448%1h318.88−0.007%$376K$396K10xas long as short
Phoenix TAO+0.0504%1h318.30−0.188%$333K$707K5xas long as short
Arcus TAO-USD+0.0509%1h319.41+0.160%$101K$489K5xas long as short
Nado TAO-PERP+0.0525%1h319.58+0.214%$770K$2.1M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0535%1h319.27+0.117%$18K$1.6M25xas long as short
BingX TAO-USDT+0.0642%4h319.14+0.075%—$30.3M—as long as short
Bybit TAOUSDT+0.0668%4h319.29+0.122%$68.0M$139.8M50xas long as short
Reya TAORUSDPERP+0.0696%1h319.26+0.112%$367—20xas long as short
01 Exchange TAOUSD+0.0752%1h320.00+0.345%$3K$4K5xas long as short
Variational Omni TAO+0.0885%4h316.62−0.715%$5.9M$9.7M—as long as short
Extended TAO-USDshort+0.0920%1h318.97+0.022%$921K$2.3M25x
Lighter TAO+0.0960%1h319.54+0.200%$1.6M$6.3M5xas long as short
Backpack TAO_USDC_PERP+0.0960%1h319.59+0.216%$439K$860K10xas long as short
ApeX Omni TAOUSDT+0.0992%1h317.14−0.552%$47K$254K50xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h320.00+0.345%$1.5M$6.5M50xas long as short
RISEx TAO/USDC+0.1159%1h319.34+0.137%$453K$627K5xas long as short
Hyperliquid TAO+0.1392%1h319.61+0.223%$100.3M$98.8M5xas long as short
Injective TAO/USDC PERP+0.4172%1h319.69+0.248%$23K$2K12xas long as short