TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.118%

Price spread now: gTrade (Gains Network) against GMX−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on gTrade (Gains Network)

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TAO/USD [WBTC.b-USDC]	309.12	L +0.0170% / S +0.0092%	pay 0.0021% / 1h	46m 30s	$427K	—	100x
Short	gTrade (Gains Network) TAO/USD	309.09	L +0.0004% / S −0.0002%	get 0.0000% / 1h	46m 30s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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 GMXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.008%Rate

Funding earned: −$35.24
Price spread: −0.008% → 0.000%: −$0.75
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$57.99
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and 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	308.79	−0.105%	$123K	$87K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0002%	1h	309.09	−0.008%	$12K	—	150x
Popdex TAOUSDT	+0.0096%	1h	308.88	−0.076%	$46K	$604K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	308.73	−0.125%	$88.6M	$458.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	308.70	−0.134%	$25.1M	$107.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	308.70	−0.134%	$12.5M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	308.94	−0.057%	$100.7M	$136.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.24	+0.040%	$18.0M	$30.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	308.61	−0.163%	$34.4M	$52.4M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.23	+0.685%	$34K	$299K	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	+0.767%	$519K	$964K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	309.35	+0.076%	$56K	$318K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	309.24	+0.040%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.06	−0.018%	$126K	$471K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	309.77	+0.210%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0118%	8h	308.92	−0.063%	$632	$673K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]long	L +0.0170% / S +0.0092%	1h	309.12	long leg	$427K	—	100x
Kraken Futures PF_TAOUSD	+0.0171%	1h	309.30	+0.058%	$5.5M	$20.3M	50x	as long as short
Aster TAOUSDT	+0.0177%	4h	309.26	+0.048%	$1.3M	$9.1M	50x	as long as short
Bullet TAO-USD	+0.0223%	1h	309.64	+0.170%	$12K	$17K	20x	as long as short
Paradex TAO-USD-PERP	+0.0265%	8h	309.11	0.000%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0274%	1h	309.01	−0.034%	$78K	$656K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0282%	1h	309.23	+0.037%	$15K	$1.5M	25x	as long as short
Pacifica TAO	+0.0285%	1h	309.14	+0.008%	$365K	$378K	10x	as long as short
ApeX Omni TAOUSDT	+0.0290%	1h	310.96	+0.597%	$47K	$268K	50x	as long as short
Arcus TAO-USD	+0.0337%	1h	309.18	+0.021%	$82K	$551K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.16	+0.661%	$4.4M	$10.7M	100x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	315.63	+2.108%	$23K	$2K	12x	as long as short
Nado TAO-PERP	+0.0562%	1h	308.74	−0.121%	$758K	$2.1M	10x	as long as short
Phemex TAOUSDT	+0.0585%	4h	309.32	+0.066%	$3.3M	$7.9M	50x	as long as short
Phoenix TAO	+0.0588%	1h	311.70	+0.836%	$326K	$681K	5x	as long as short
01 Exchange TAOUSD	+0.0672%	1h	309.17	+0.018%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0682%	4h	311.59	+0.800%	$5.4M	$8.8M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	308.82	−0.094%	$355	—	20x	as long as short
BingX TAO-USDT	+0.0740%	4h	309.01	−0.034%	—	$31.0M	—	as long as short
Bybit TAOUSDT	+0.0790%	4h	308.91	−0.066%	$63.1M	$135.2M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0875%	1h	309.41	+0.095%	$313K	$816K	10x	as long as short
Extended TAO-USD	+0.0984%	1h	308.77	−0.112%	$890K	$2.4M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	310.00	+0.286%	$1.5M	$6.4M	50x	as long as short
RISEx TAO/USDC	+0.1132%	1h	308.96	−0.050%	$410K	$605K	5x	as long as short
Hyperliquid TAO	+0.1301%	1h	309.16	+0.014%	$98.1M	$92.7M	5x	as long as short
Lighter TAO	+0.1432%	1h	309.34	+0.072%	$1.6M	$6.0M	5x	as long as short
Bulk TAO-USD	+0.3743%	1h	312.40	+1.063%	$166K	$40K	10x	as long as short