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Funding arb · Price arb /

TAO

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Arcus+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ArcusShort on gTrade (Gains Network)
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.036% dearer against Arcus than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus TAO-USD317.900.0201pay 0.0025% / 1h24m 08s$84K$550K5x
ShortgTrade (Gains Network) TAO/USD318.01L +0.0004% / S −0.0004%get 0.0001% / 1h24m 08s$21K—150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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
−$41.41
Price spread: +0.036% → 0.000%
$3.55
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$52.36
Costs to cover
0.145%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 50 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 Arcus live order book, 50 min ago8.66 bp11.4 bp −$1121.4 bp −$214doesn'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
Bulk TAO-USD−0.1321%1h318.22+0.101%$169K$44K10xas long as short
dYdX TAO-USD0.0000%1h317.80−0.032%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h318.01+0.036%$21K—150x
Popdex TAOUSDT+0.0096%1h317.70−0.063%$43K$591K20xas long as short
Binance TAOUSDT+0.0100%4h318.12+0.068%$91.6M$447.6M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.30+0.126%$26.0M$108.8M50xas long as short
Gate TAO_USDT+0.0100%4h318.00+0.031%$12.9M$50.8M50xas long as short
MEXC TAO_USDT+0.0100%4h318.15+0.079%$108.9M$135.2M300xas long as short
KuCoin TAOUSDTM+0.0100%4h318.09+0.060%$18.2M$29.2M75xas long as short
Bitget TAOUSDT+0.0100%4h317.72−0.057%$35.4M$50.8M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.16−0.232%$40K$292K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h316.62−0.403%$523K$969K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h318.15+0.079%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h318.01+0.035%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h318.55+0.204%$127K$423K20xas long as short
Phemex TAOUSDT+0.0100%4h318.12+0.069%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h318.59+0.218%$175K$9983xas long as short
Bullet TAO-USD+0.0105%1h318.28+0.121%$12K$17K20xas long as short
Katana Perps TAO-USD+0.0114%8h317.51−0.123%$735$624K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0093%1h318.04+0.044%$457K—100xas long as short
Pacifica TAO+0.0185%1h318.06+0.050%$376K$376K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0198%1h318.17+0.086%$17K$1.5M25xas long as short
Arcus TAO-USDlong+0.0201%1h317.90long leg$84K$550K5x
Aster TAOUSDT+0.0230%4h318.06+0.049%$1.1M$8.6M50xas long as short
Paradex TAO-USD-PERP+0.0235%8h317.75−0.047%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0292%1h318.07+0.053%$93K$635K5xas long as short
ApeX Omni TAOUSDT+0.0316%1h317.14−0.239%$49K$267K50xas long as short
BloFin TAO-USDT+0.0340%4h318.72+0.258%$4.5M$10.8M100xas long as short
BingX TAO-USDT+0.0398%4h317.97+0.022%—$30.7M—as long as short
Variational Omni TAO+0.0460%4h318.45+0.174%$5.5M$8.7M—as long as short
Kraken Futures PF_TAOUSD+0.0482%1h318.10+0.062%$5.7M$20.3M50xas long as short
Bybit TAOUSDT+0.0515%4h318.47+0.179%$65.6M$133.1M50xas long as short
Phoenix TAO+0.0525%1h318.10+0.063%$333K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h322.97+1.595%$23K$67812xas long as short
01 Exchange TAOUSD+0.0592%1h317.68−0.069%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h318.21+0.097%$366—20xas long as short
Nado TAO-PERP+0.0782%1h318.30+0.125%$889K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0835%1h318.15+0.079%$321K$818K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h318.30+0.126%$1.5M$6.3M50xas long as short
Extended TAO-USD+0.1128%1h318.17+0.085%$926K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h317.64−0.080%$422K$591K5xas long as short
Lighter TAO+0.1424%1h318.69+0.248%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.2026%1h318.73+0.261%$103.0M$90.9M5xas long as short