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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0095%/8h= −10.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.031%
Price spread now: gTrade (Gains Network) against Polymarket Perps−0.155%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.155% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TAO-USD316.400.0100pay 0.0013% / 1h44m 45s$87K$1.2M5x
ShortgTrade (Gains Network) TAO/USD315.91L +0.0004% / S −0.0005%get 0.0001% / 1h44m 45s$22K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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
−$20.02
Price spread: −0.155% → 0.000%
−$15.46
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$53.48
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 18 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 Polymarket Perps live order book, 18 min ago2.52 bp6.5 bp −$77.9 bp −$79doesn't fitdoesn'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
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0005%1h315.91−0.155%$22K150x
dYdX TAO-USD+0.0070%1h316.17−0.073%$127K$86K5xas long as short
Popdex TAOUSDT+0.0096%1h316.69+0.092%$50K$715K20xas long as short
Katana Perps TAO-USD+0.0100%8h316.39−0.003%$647$1.2M5xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.400.000%$26.4M$130.9M50xas long as short
Gate TAO_USDT+0.0100%4h316.00−0.126%$14.8M$49.2M50xas long as short
KuCoin TAOUSDTM+0.0100%4h316.13−0.085%$17.7M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.16−0.076%$35.6M$57.8M50xas long as short
Polymarket Perps TAO-USDlong+0.0100%1h316.40long leg$87K$1.2M5x
SunX TAO-USDT+0.0100%4h316.400.000%$1K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h315.77−0.199%$116K$589K20xas long as short
Phemex TAOUSDT+0.0100%4h316.33−0.022%$3.2M$8.2M50xas long as short
Aevo TAO-PERP+0.0120%1h316.46+0.019%$174K$9983xas long as short
Binance TAOUSDT+0.0162%4h316.400.000%$92.4M$531.5M75xas long as short
MEXC TAO_USDT+0.0164%4h316.32−0.025%$104.3M$151.6M300xas long as short
edgeX TAOUSDC+0.0164%4h316.63+0.074%$42K$321K10xas long as short
Orderly PERP_TAO_USDC+0.0206%4h316.26−0.044%$54K$299K10xas long as short
Bullet TAO-USD+0.0210%1h316.26−0.044%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0228%4h316.92+0.164%$542K$887K10xas long as short
Bulk TAO-USD+0.0233%1h316.19−0.066%$168K$010xas long as short
Paradex TAO-USD-PERP+0.0247%8h316.50+0.031%$14K$87610xas long as short
ApeX Omni TAOUSDT+0.0291%1h317.19+0.250%$46K$257K50xas long as short
Aster TAOUSDT+0.0324%4h316.51+0.035%$1.2M$11.1M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0325%1h316.26−0.043%$15K$1.9M25xas long as short
Bybit TAOUSDT+0.0328%4h316.44+0.013%$69.7M$156.2M50xas long as short
Pacifica TAO+0.0349%1h316.41+0.003%$371K$442K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0362% / S −0.0107%1h315.88−0.165%$372K100xas long as short
Extended TAO-USD+0.0376%1h316.25−0.048%$899K$2.4M25xas long as short
Arcus TAO-USD+0.0404%1h316.79+0.123%$100K$376K5xas long as short
BloFin TAO-USDT+0.0405%4h316.33−0.022%$4.8M$10.8M100xas long as short
Hyperliquid TAO+0.0495%1h316.45+0.016%$93.2M$110.2M5xas long as short
BingX TAO-USDT+0.0568%4h316.30−0.032%$37.4Mas long as short
Nado TAO-PERP+0.0568%1h316.40+0.002%$768K$2.0M10xas long as short
Phoenix TAO+0.0578%1h315.60−0.253%$317K$714K5xas long as short
Lighter TAO+0.0592%1h316.55+0.046%$1.6M$6.6M5xas long as short
01 Exchange TAOUSD+0.0616%1h317.02+0.196%$3K$4K5xas long as short
Variational Omni TAO+0.0622%4h316.65+0.080%$5.6M$10.1Mas long as short
Reya TAORUSDPERP+0.0698%1h316.19−0.066%$36420xas long as short
Backpack TAO_USDC_PERP+0.0757%1h316.39−0.003%$316K$1.0M10xas long as short
Kraken Futures PF_TAOUSD+0.0787%1h316.43+0.009%$6.0M$21.3M50xas long as short
RISEx TAO/USDC+0.0840%1h316.52+0.038%$446K$673K5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h316.61+0.066%$1.2M$7.3M50xas long as short
Injective TAO/USDC PERP+0.3512%1h319.36+0.936%$23K$2K12xas long as short