Funding you earn now, next payment 12:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.016%
Price spread now: Paradex against GRVT+0.977%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.977% dearer against GRVT than usual: you sell high and buy low (spread +0.977% now, against zero (this spread has no 7-day history yet)): +$98 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 51 days. The two prices were read 51 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 | GRVT TAO_USDT_Perp | 321.52 | 0.0284 | pay 0.0142% / 4h | 3h 02m | $548K | $825K | 10x |
| Short | Paradex TAO-USD-PERP | 324.66 | 0.0220 | get 0.0220% / 8h | 7h 02m | $15K | $876 | 10x |
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$13.39
- Price spread: +0.977% → 0.000%
- $97.68
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $71.29
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 31 min ago; Paradex: 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, 31 min ago | 2.86 bp | 10.4 bp −$10 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0241% | 1h | 318.85 | −0.831% | $169K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 321.76 | +0.075% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 324.27 | +0.856% | $53K | $700K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 323.78 | +0.703% | $71.2M | $154.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 323.80 | +0.710% | $27.1M | $131.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 323.80 | +0.710% | $15.4M | $51.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 324.08 | +0.797% | $17.7M | $32.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 323.85 | +0.725% | $36.5M | $56.6M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 324.10 | +0.803% | $89K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 322.90 | +0.430% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 323.48 | +0.610% | $117K | $548K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 323.68 | +0.672% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 324.14 | +0.815% | $1K | $1.2M | 5x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 322.68 | +0.361% | $177K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0156% | 4h | 324.14 | +0.815% | $105.4M | $156.4M | 300x | as long as short |
| Binance TAOUSDT | +0.0156% | 4h | 323.81 | +0.713% | $94.8M | $518.9M | 75x | as long as short |
| BingX TAO-USDT | +0.0162% | 4h | 323.96 | +0.759% | — | $38.9M | — | as long as short |
| edgeX TAOUSDC | +0.0164% | 4h | 321.70 | +0.055% | $42K | $322K | 10x | as long as short |
| Paradex TAO-USD-PERPshort | +0.0220% | 8h | 324.66 | +0.977% | $15K | $876 | 10x | |
| Orderly PERP_TAO_USDC | +0.0242% | 4h | 323.90 | +0.741% | $55K | $272K | 10x | as long as short |
| Bullet TAO-USD | +0.0275% | 1h | 324.08 | +0.797% | $13K | $17K | 20x | as long as short |
| Extended TAO-USD | +0.0280% | 1h | 324.30 | +0.864% | $983K | $2.2M | 25x | as long as short |
| GRVT TAO_USDT_Perplong | +0.0284% | 4h | 321.52 | long leg | $548K | $825K | 10x | |
| ApeX Omni TAOUSDT | +0.0306% | 1h | 321.60 | +0.025% | $45K | $256K | 50x | as long as short |
| Aster TAOUSDT | +0.0323% | 4h | 323.96 | +0.759% | $1.3M | $11.1M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 324.65 | +0.973% | $378K | $439K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0368% / S −0.0109% | 1h | 323.75 | +0.695% | $381K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0393% | 1h | 324.39 | +0.894% | $764K | $2.0M | 10x | as long as short |
| BloFin TAO-USDT | +0.0396% | 4h | 323.78 | +0.703% | $4.8M | $11.0M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 324.57 | +0.949% | $102K | $331K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0532% | 1h | 322.94 | +0.442% | $20K | $1.9M | 25x | as long as short |
| dYdX TAO-USD | +0.0532% | 1h | 324.25 | +0.850% | $273K | $232K | 5x | as long as short |
| Variational Omni TAO | +0.0551% | 4h | 321.24 | −0.086% | $5.7M | $9.8M | — | as long as short |
| Lighter TAO | +0.0568% | 1h | 324.56 | +0.946% | $1.6M | $6.8M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 321.70 | +0.056% | $324K | $714K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 324.80 | +1.021% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0678% | 1h | 324.48 | +0.921% | $98.0M | $109.7M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 322.15 | +0.198% | $370 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0702% | 1h | 324.28 | +0.859% | $321K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0770% | 1h | 323.19 | +0.521% | $6.3M | $21.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 322.86 | +0.417% | $440K | $711K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 324.34 | +0.878% | $1.1M | $7.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 322.62 | +0.343% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
Binance TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
Orderly PERP_TAO_USDC
Bullet TAO-USD
Extended TAO-USD
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
BloFin TAO-USDT
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
dYdX TAO-USD
Variational Omni TAO
Lighter TAO
Phoenix TAO
01 Exchange TAOUSD
Hyperliquid TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP