Funding you earn now, next payment 05:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against GRVT−0.732%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.732% cheaper against GRVT than usual: you would sell low and buy high (−$73 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT TAO_USDT_Perp | 314.50 | 0.0112 | pay 0.0056% / 4h | 3h 50m | $533K | $955K | 10x |
| Short | gTrade (Gains Network) TAO/USD | 312.20 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 50m 47s | $20K | — | 150x |
GRVT TAO_USDT_Perp
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.67
- Price spread: −0.732% → 0.000%
- −$73.22
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$114.89
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; 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 GRVT live order book, 2 min ago | 2.07 bp | 12.8 bp −$13 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0348% | 1h | 312.05 | −0.781% | $5.5M | $20.6M | 50x | as long as short |
| Gate TAO_USDT | −0.0174% | 4h | 312.30 | −0.700% | $13.0M | $49.3M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 312.75 | −0.559% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 312.20 | −0.732% | $20K | — | 150x | |
| Popdex TAOUSDT | +0.0096% | 1h | 312.89 | −0.513% | $43K | $653K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 312.72 | −0.567% | $640 | $808K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.11 | −0.442% | $357K | $412K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.60 | −0.604% | $90.1M | $496.7M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 312.67 | −0.583% | $67.4M | $149.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.60 | −0.605% | $25.9M | $120.2M | 50x | as long as short |
Kraken Futures PF_TAOUSD
Gate TAO_USDT
dYdX TAO-USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | +0.0100% | 1h | 315.10 | +0.190% | $167K | $2K | 10x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.65 | −0.589% | $101.1M | $143.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.42 | −0.662% | $17.7M | $31.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.29 | −0.704% | $34.9M | $56.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 312.57 | −0.615% | — | $33.0M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.18 | −0.104% | $42K | $312K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.25 | −0.080% | $46K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.66 | −0.586% | $81K | $866K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.58 | −0.610% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.24 | −0.719% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.74 | −0.878% | $109K | $536K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.30 | −0.701% | $172K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perplong | +0.0112% | 4h | 314.50 | long leg | $533K | $955K | 10x | |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 312.18 | −0.739% | $52K | $270K | 10x | as long as short |
| Aster TAOUSDT | +0.0140% | 4h | 312.32 | −0.694% | $1.2M | $10.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0142% / S +0.0125% | 1h | 312.15 | −0.748% | $424K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0143% | 8h | 313.15 | −0.431% | $14K | $1K | 10x | as long as short |
| Hyperliquid TAO | +0.0143% | 1h | 312.38 | −0.675% | $91.6M | $106.7M | 5x | as long as short |
| Extended TAO-USD | +0.0184% | 1h | 312.50 | −0.638% | $918K | $2.4M | 25x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0230% | 1h | 312.20 | −0.731% | $21K | $1.7M | 25x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 313.15 | −0.430% | $101K | $441K | 5x | as long as short |
| Nado TAO-PERP | +0.0240% | 1h | 312.95 | −0.493% | $794K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.43 | −0.659% | $4.5M | $10.8M | 100x | as long as short |
| Variational Omni TAO | +0.0346% | 4h | 312.61 | −0.602% | $5.6M | $10.0M | — | as long as short |
| Lighter TAO | +0.0360% | 1h | 312.45 | −0.652% | $1.5M | $6.4M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0388% | 1h | 312.25 | −0.716% | $310K | $914K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0400% | 1h | 313.00 | −0.478% | $3K | $4K | 5x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.90 | −0.192% | $312K | $711K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.66 | −0.586% | $360 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.87 | −0.521% | $434K | $653K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.56 | −0.618% | $1.5M | $6.6M | 50x | as long as short |
| Phemex TAOUSDT | +0.1673% | 4h | 312.34 | −0.688% | $3.2M | $8.1M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 317.38 | +0.915% | $23K | $2K | 12x | as long as short |
Bulk TAO-USD
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Hyperliquid TAO
Extended TAO-USD
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Nado TAO-PERP
BloFin TAO-USDT
Variational Omni TAO
Lighter TAO
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Phoenix TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Phemex TAOUSDT
Injective TAO/USDC PERP