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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.207%67s7-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 0.207% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.207% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.1 days. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TAOUSDT307.980.0100pay 0.0013% / 1h35m 48s$46K$268K50x
ShortgTrade (Gains Network) TAO/USD308.62L +0.0004% / S −0.0003%get 0.0000% / 1h35m 48s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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
−$20.47
Price spread: +0.207% → 0.000%
$20.75
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$19.73
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 31 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 ApeX Omni live order book, 31 min ago5.51 bp12.7 bp −$13108.4 bp −$1,084doesn'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
dYdX TAO-USD0.0000%1h308.44+0.150%$123K$84K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0003%1h308.62+0.207%$12K150x
Popdex TAOUSDT+0.0096%1h308.82+0.273%$37K$621K20xas long as short
Binance TAOUSDT+0.0100%4h308.70+0.234%$88.6M$461.1M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h308.70+0.234%$25.3M$108.8M50xas long as short
Gate TAO_USDT+0.0100%4h308.60+0.201%$12.6M$49.8M50xas long as short
MEXC TAO_USDT+0.0100%4h308.93+0.308%$104.0M$137.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h308.84+0.279%$17.9M$30.0M75xas long as short
Bitget TAOUSDT+0.0100%4h308.44+0.149%$34.4M$53.1M50xas long as short
edgeX TAOUSDC+0.0100%4h308.03+0.017%$34K$299K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TAO_USDT_Perp+0.0100%4h308.55+0.186%$508K$965K10xas long as short
ApeX Omni TAOUSDTlong+0.0100%1h307.98long leg$46K$268K50x
Orderly PERP_TAO_USDC+0.0100%4h308.55+0.185%$56K$283K10xas long as short
SunX TAO-USDT+0.0100%4h308.75+0.250%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h308.71+0.237%$126K$471K20xas long as short
Aevo TAO-PERP+0.0104%1h309.01+0.334%$170K$9983xas long as short
Katana Perps TAO-USD+0.0125%8h308.73+0.244%$692$682K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0169% / S +0.0092%1h308.57+0.192%$429K100xas long as short
Kraken Futures PF_TAOUSD+0.0171%1h308.62+0.209%$5.5M$20.4M50xas long as short
Polymarket Perps TAO-USD+0.0179%1h308.82+0.273%$75K$645K5xas long as short
Aster TAOUSDT+0.0181%4h308.66+0.221%$1.3M$9.2M50xas long as short
Bullet TAO-USD+0.0213%1h308.96+0.319%$12K$17K20xas long as short
Deribit TAO_USDC-PERPETUAL+0.0279%1h308.58+0.194%$10K$1.6M25xas long as short
Paradex TAO-USD-PERP+0.0281%8h308.52+0.176%$14K$1K10xas long as short
Pacifica TAO+0.0285%1h308.87+0.290%$365K$381K10xas long as short
Arcus TAO-USD+0.0337%1h309.01+0.334%$97K$562K5xas long as short
BloFin TAO-USDT+0.0340%4h311.16+1.033%$4.4M$10.7M100xas long as short
Phemex TAOUSDT+0.0459%4h308.75+0.250%$3.3M$8.0M50xas long as short
Injective TAO/USDC PERP+0.0470%1h315.63+2.484%$23K$2K12xas long as short
Nado TAO-PERP+0.0565%1h308.70+0.235%$752K$2.1M10xas long as short
Phoenix TAO+0.0588%1h308.80+0.266%$323K$681K5xas long as short
01 Exchange TAOUSD+0.0624%1h309.06+0.351%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h308.94+0.311%$35520xas long as short
BingX TAO-USDT+0.0704%4h308.88+0.292%$31.0Mas long as short
Variational Omni TAO+0.0748%4h309.04+0.343%$5.3M$8.9Mas long as short
Bybit TAOUSDT+0.0756%4h308.88+0.292%$63.5M$136.1M50xas long as short
Backpack TAO_USDC_PERP+0.0837%1h308.80+0.266%$312K$814K10xas long as short
Extended TAO-USD+0.0920%1h308.88+0.292%$885K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h309.46+0.481%$1.4M$6.3M50xas long as short
RISEx TAO/USDC+0.1132%1h308.80+0.265%$442K$621K5xas long as short
Hyperliquid TAO+0.1216%1h309.10+0.364%$97.3M$93.5M5xas long as short
Lighter TAO+0.1320%1h309.01+0.334%$1.6M$6.0M5xas long as short
Bulk TAO-USD+0.4286%1h309.11+0.366%$164K$40K10xas long as short