Funding you earn now, next payment 06:00 UTC−0.0802%/8h= −87.8% APRnext payment −$1.00 per $10,000 · paid last 24h −0.258%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.344%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
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and gTrade (Gains Network) is 0.344% cheaper against Hyperliquid than usual: you would sell low and buy high (−$34 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 | Hyperliquid TAO | 315.40 | 0.0806 | pay 0.0101% / 1h | 23m 38s | $92.4M | $108.7M | 5x |
| Short | gTrade (Gains Network) TAO/USD | 314.31 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 23m 38s | $20K | — | 150x |
Hyperliquid TAO
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. 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
- −$168.39
- Price spread: −0.344% → 0.000%
- −$34.4
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$221.79
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 0.64 bp | 6.3 bp −$6 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 314.31 | −0.344% | $20K | — | 150x | |
| dYdX TAO-USD | +0.0042% | 1h | 315.23 | −0.054% | $126K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.71 | +0.099% | $90.6M | $508.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.30 | −0.032% | $26.4M | $122.9M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 313.47 | −0.612% | $167K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.30 | −0.032% | $14.0M | $51.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.42 | +0.006% | $109.0M | $146.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.60 | +0.063% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.02 | −0.120% | $35.6M | $57.2M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.26 | −0.679% | $41K | $314K | 10x | as long as short |
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.78 | −0.197% | $90K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.38 | −0.323% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.65 | −0.555% | $113K | $554K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 315.12 | −0.089% | $650 | $934K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.42 | −0.311% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0122% | 4h | 314.41 | −0.314% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0128% / S +0.0140% | 1h | 314.29 | −0.353% | $421K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0136% | 1h | 315.02 | −0.120% | $52K | $669K | 20x | as long as short |
| Phemex TAOUSDT | +0.0152% | 4h | 314.29 | −0.352% | $3.2M | $8.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0219% | 4h | 315.65 | +0.080% | $1.3M | $10.6M | 50x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 315.48 | +0.025% | $359K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0265% | 1h | 315.03 | −0.118% | $777K | $2.2M | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0272% | 8h | 315.78 | +0.119% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0303% | 1h | 314.36 | −0.331% | $5.9M | $21.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0327% | 1h | 314.78 | −0.198% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.97 | −0.453% | $4.6M | $10.9M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0348% | 4h | 314.02 | −0.438% | $533K | $923K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0359% | 1h | 313.36 | −0.647% | $44K | $256K | 50x | as long as short |
| Bybit TAOUSDT | +0.0410% | 4h | 315.49 | +0.029% | $68.6M | $152.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0430% | 4h | 315.26 | −0.044% | — | $33.6M | — | as long as short |
| Variational Omni TAO | +0.0439% | 4h | 313.02 | −0.755% | $5.5M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 315.68 | +0.089% | $102K | $345K | 5x | as long as short |
| Extended TAO-USD | +0.0488% | 1h | 315.19 | −0.068% | $900K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | −0.666% | $312K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0580% | 1h | 314.43 | −0.309% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.71 | −0.220% | $362 | — | 20x | as long as short |
| Lighter TAO | +0.0760% | 1h | 315.94 | +0.171% | $1.5M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0760% | 1h | 315.71 | +0.098% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAOlong | +0.0806% | 1h | 315.40 | long leg | $92.4M | $108.7M | 5x | |
| Backpack TAO_USDC_PERP | +0.0825% | 1h | 314.52 | −0.279% | $312K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 315.59 | +0.060% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 315.19 | −0.067% | $456K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +1.294% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Phemex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Nado TAO-PERP
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Arcus TAO-USD
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP