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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0245%/8h= −26.8% APRnext payment $0.31 per $10,000 · paid last 24h −0.138%
Price spread now: gTrade (Gains Network) against Kraken Futures+0.171%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.171% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TAOUSD315.260.0249pay 0.0031% / 1h6m 35s$5.6M$20.8M50x
ShortgTrade (Gains Network) TAO/USD315.80L +0.0004% / S −0.0004%get 0.0001% / 1h6m 35s$20K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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
−$51.41
Price spread: +0.171% → 0.000%
$17.11
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$54.3
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 2 min ago6.78 bp15.3 bp −$1530.9 bp −$309104.5 bp −$10.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1916%1h325.17+3.143%$172K$1K10xas long as short
dYdX TAO-USD0.0000%1h316.01+0.238%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h315.80+0.171%$20K150x
Popdex TAOUSDT+0.0096%1h316.25+0.314%$40K$687K20xas long as short
Binance TAOUSDT+0.0100%4h316.35+0.345%$91.9M$490.8M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.40+0.361%$26.0M$120.0M50xas long as short
Gate TAO_USDT+0.0100%4h316.10+0.266%$13.0M$50.4M50xas long as short
MEXC TAO_USDT+0.0100%4h316.40+0.361%$104.7M$144.2M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.01+0.238%$17.6M$31.7M75xas long as short
Bitget TAOUSDT+0.0100%4h316.14+0.279%$35.4M$56.1M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.23+0.623%$36K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h316.05+0.250%$88K$797K5xas long as short
SunX TAO-USDT+0.0100%4h315.83+0.181%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h316.56+0.412%$109K$529K20xas long as short
Aevo TAO-PERP+0.0104%1h315.84+0.182%$173K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h315.96+0.222%$673$778K5xas long as short
Orderly PERP_TAO_USDC+0.0127%4h315.50+0.076%$57K$275K10xas long as short
Bullet TAO-USD+0.0151%1h316.43+0.371%$12K$18K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0156% / S +0.0112%1h315.96+0.220%$428K100xas long as short
GRVT TAO_USDT_Perp+0.0178%4h317.27+0.638%$528K$965K10xas long as short
Phemex TAOUSDT+0.0191%4h315.50+0.076%$3.2M$8.1M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0205%1h315.35+0.029%$15K$1.6M25xas long as short
Paradex TAO-USD-PERP+0.0240%8h316.52+0.399%$14K$1K10xas long as short
Kraken Futures PF_TAOUSDlong+0.0249%1h315.26long leg$5.6M$20.8M50x
Aster TAOUSDT+0.0270%4h315.91+0.207%$1.2M$10.1M50xas long as short
BloFin TAO-USDT+0.0340%4h315.76+0.158%$4.5M$10.9M100xas long as short
ApeX Omni TAOUSDT+0.0349%1h316.96+0.539%$47K$252K50xas long as short
Bybit TAOUSDT+0.0382%4h316.50+0.393%$69.4M$146.2M50xas long as short
BingX TAO-USDT+0.0386%4h316.28+0.323%$30.4Mas long as short
Pacifica TAO+0.0448%1h316.31+0.333%$372K$413K10xas long as short
Phoenix TAO+0.0504%1h317.70+0.774%$332K$707K5xas long as short
Arcus TAO-USD+0.0509%1h316.58+0.418%$100K$488K5xas long as short
Nado TAO-PERP+0.0581%1h316.11+0.269%$821K$2.2M10xas long as short
Extended TAO-USD+0.0616%1h316.19+0.293%$927K$2.4M25xas long as short
01 Exchange TAOUSD+0.0656%1h316.19+0.295%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h316.07+0.258%$36320xas long as short
Lighter TAO+0.0720%1h316.45+0.377%$1.6M$6.4M5xas long as short
Variational Omni TAO+0.0799%4h316.62+0.432%$5.9M$9.8Mas long as short
Backpack TAO_USDC_PERP+0.0844%1h315.82+0.177%$314K$927K10xas long as short
Hyperliquid TAO+0.0972%1h316.05+0.250%$95.4M$104.1M5xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h317.44+0.691%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.1159%1h316.26+0.319%$436K$661K5xas long as short
Injective TAO/USDC PERP+0.4172%1h321.62+2.017%$23K$2K12xas long as short