Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Binance−0.202%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.202% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAOUSDT | 312.96 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $89.6M | $501.3M | 75x |
| Short | gTrade (Gains Network) TAO/USD | 312.33 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 15m 51s | $20K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.15
- Price spread: −0.202% → 0.000%
- −$20.2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$60.35
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 0.16 bp | 7.0 bp −$7 | 13.2 bp −$132 | 32.1 bp −$3,213 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0347% | 1h | 312.44 | −0.167% | $5.5M | $20.7M | 50x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 312.33 | −0.202% | $20K | — | 150x | |
| dYdX TAO-USD | +0.0011% | 1h | 312.57 | −0.125% | $125K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 312.56 | −0.129% | $46K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0099% | 8h | 312.45 | −0.164% | $640 | $845K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.87 | −0.029% | $356K | $416K | 10x | as long as short |
| Binance TAOUSDTlong | +0.0100% | 4h | 312.96 | long leg | $89.6M | $501.3M | 75x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.90 | −0.020% | $26.1M | $121.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.50 | −0.148% | $13.3M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.66 | −0.097% | $103.1M | $145.6M | 300x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.59 | −0.119% | $17.8M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.51 | −0.144% | $35.1M | $56.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 311.63 | −0.426% | $41K | $314K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.55 | −0.452% | $529K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.33 | −0.202% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.40 | −0.180% | $82K | $905K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.63 | −0.106% | $12K | $17K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.33 | −0.202% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.20 | −0.244% | $110K | $542K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.63 | −0.106% | $3.1M | $8.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0104% | 4h | 312.75 | −0.068% | — | $33.7M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.71 | −0.079% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0115% | 4h | 312.53 | −0.138% | $52K | $290K | 10x | as long as short |
| Aster TAOUSDT | +0.0117% | 4h | 312.85 | −0.035% | $1.3M | $10.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0136% / S +0.0132% | 1h | 312.30 | −0.213% | $422K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0160% | 8h | 312.93 | −0.012% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0200% | 4h | 312.96 | −0.001% | $67.4M | $150.6M | 50x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 313.06 | +0.031% | $101K | $394K | 5x | as long as short |
| Extended TAO-USD | +0.0320% | 1h | 312.61 | −0.113% | $914K | $2.4M | 25x | as long as short |
| Variational Omni TAO | +0.0323% | 4h | 312.65 | −0.100% | $5.5M | $10.1M | — | as long as short |
| Nado TAO-PERP | +0.0333% | 1h | 312.59 | −0.120% | $789K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.40 | +0.140% | $4.5M | $10.8M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0428% | 1h | 312.50 | −0.147% | $13K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.70 | +0.236% | $312K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0478% | 1h | 313.03 | +0.022% | $91.9M | $107.8M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0488% | 1h | 312.97 | +0.003% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0505% | 1h | 312.63 | −0.106% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0640% | 1h | 313.16 | +0.064% | $1.5M | $6.5M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.52 | −0.141% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.63 | −0.106% | $443K | $647K | 5x | as long as short |
| Bulk TAO-USD | +0.0817% | 1h | 310.92 | −0.652% | $165K | $333 | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 313.56 | +0.191% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 316.67 | +1.185% | $23K | $2K | 12x | as long as short |
Binance TAOUSDT
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
BingX TAO-USDT
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Bybit TAOUSDT
Extended TAO-USD
Variational Omni TAO
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
RISEx TAO/USDC
Bulk TAO-USD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP