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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.040%
Price spread now: gTrade (Gains Network) against Paradex−0.156%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.156% cheaper against Paradex than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex TAO-USD-PERP311.060.0139pay 0.0139% / 8h3h 24m$14K$1K10x
ShortgTrade (Gains Network) TAO/USD310.57L +0.0004% / S −0.0004%get 0.0001% / 1h24m 52s$20K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Paradex. 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
−$28.33
Price spread: −0.156% → 0.000%
−$15.62
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$57.95
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell gTrade (Gains Network) no order-book sample
Paradex 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TAOUSD−0.0349%1h310.72−0.108%$5.5M$20.6M50xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h310.57−0.156%$20K150x
dYdX TAO-USD+0.0014%1h310.67−0.125%$124K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h311.02−0.012%$46K$656K20xas long as short
Katana Perps TAO-USD+0.0099%8h310.94−0.037%$636$842K5xas long as short
Pacifica TAO+0.0100%1h311.15+0.031%$354K$414K10xas long as short
Binance TAOUSDT+0.0100%4h310.68−0.121%$89.0M$500.8M75xas long as short
Bybit TAOUSDT+0.0100%4h310.71−0.111%$66.9M$150.3M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h310.60−0.147%$25.9M$120.2M50xas long as short
Gate TAO_USDT+0.0100%4h310.40−0.211%$13.2M$50.1M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h310.65−0.131%$101.6M$145.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h310.56−0.159%$17.6M$31.3M75xas long as short
Bitget TAOUSDT+0.0100%4h310.34−0.230%$34.7M$56.5M50xas long as short
BingX TAO-USDT+0.0100%4h310.56−0.159%$33.4Mas long as short
edgeX TAOUSDC+0.0100%4h311.00−0.017%$41K$312K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h311.97+0.293%$530K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h310.75−0.098%$46K$254K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h310.87−0.060%$78K$899K5xas long as short
Bullet TAO-USD+0.0100%1h310.90−0.050%$11K$18K20xas long as short
SunX TAO-USDT+0.0100%4h310.69−0.118%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h309.98−0.346%$109K$541K20xas long as short
Aevo TAO-PERP+0.0104%1h310.93−0.039%$171K$9983xas long as short
Aster TAOUSDT+0.0110%4h310.65−0.131%$1.3M$10.5M50xas long as short
Orderly PERP_TAO_USDC+0.0116%4h310.76−0.095%$51K$291K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0138% / S +0.0134%1h310.55−0.162%$412K100xas long as short
Paradex TAO-USD-PERPlong+0.0139%8h311.06long leg$14K$1K10x
Arcus TAO-USD+0.0231%1h311.32+0.085%$101K$397K5xas long as short
Phemex TAOUSDT+0.0240%4h310.80−0.082%$3.2M$8.0M50xas long as short
Bulk TAO-USD+0.0264%1h312.41+0.435%$166K$33310xas long as short
Variational Omni TAO+0.0294%4h311.14+0.026%$5.5M$10.1Mas long as short
Extended TAO-USD+0.0296%1h310.61−0.142%$909K$2.4M25xas long as short
BloFin TAO-USDT+0.0340%4h310.95−0.034%$4.5M$10.7M100xas long as short
Nado TAO-PERP+0.0355%1h310.95−0.035%$785K$2.2M10xas long as short
Phoenix TAO+0.0457%1h312.60+0.496%$311K$711K5xas long as short
Hyperliquid TAO+0.0459%1h310.89−0.053%$91.4M$107.7M5xas long as short
01 Exchange TAOUSD+0.0480%1h311.19+0.043%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0492%1h310.85−0.066%$309K$885K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0504%1h310.88−0.058%$16K$1.8M25xas long as short
Lighter TAO+0.0568%1h311.03−0.009%$1.5M$6.5M5xas long as short
Reya TAORUSDPERP+0.0697%1h310.71−0.110%$35720xas long as short
RISEx TAO/USDC+0.0816%1h311.08+0.009%$442K$657K5xas long as short
Coinbase International TAO-PERP-INTX+0.0952%1h311.60+0.175%$1.5M$6.8M50xas long as short
Injective TAO/USDC PERP+0.4092%1h315.24+1.345%$23K$2K12xas long as short