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−0.0096%/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
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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAOUSDT312.960.0100pay 0.0050% / 4h3h 15m$89.6M$501.3M75x
ShortgTrade (Gains Network) TAO/USD312.33L +0.0004% / S −0.0004%get 0.0001% / 1h15m 51s$20K150x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.16 bp7.0 bp −$713.2 bp −$13232.1 bp −$3,213doesn'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
Kraken Futures PF_TAOUSD−0.0347%1h312.44−0.167%$5.5M$20.7M50xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h312.33−0.202%$20K150x
dYdX TAO-USD+0.0011%1h312.57−0.125%$125K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h312.56−0.129%$46K$656K20xas long as short
Katana Perps TAO-USD+0.0099%8h312.45−0.164%$640$845K5xas long as short
Pacifica TAO+0.0100%1h312.87−0.029%$356K$416K10xas long as short
Binance TAOUSDTlong+0.0100%4h312.96long leg$89.6M$501.3M75x
OKX TAO-USDT-SWAP+0.0100%8h312.90−0.020%$26.1M$121.1M50xas long as short
Gate TAO_USDT+0.0100%4h312.50−0.148%$13.3M$50.4M50xas long as short
MEXC TAO_USDT+0.0100%4h312.66−0.097%$103.1M$145.6M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h312.59−0.119%$17.8M$31.3M75xas long as short
Bitget TAOUSDT+0.0100%4h312.51−0.144%$35.1M$56.5M50xas long as short
edgeX TAOUSDC+0.0100%4h311.63−0.426%$41K$314K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h311.55−0.452%$529K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h312.33−0.202%$46K$254K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h312.40−0.180%$82K$905K5xas long as short
Bullet TAO-USD+0.0100%1h312.63−0.106%$12K$17K20xas long as short
SunX TAO-USDT+0.0100%4h312.33−0.202%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h312.20−0.244%$110K$542K20xas long as short
Phemex TAOUSDT+0.0100%4h312.63−0.106%$3.1M$8.0M50xas long as short
BingX TAO-USDT+0.0104%4h312.75−0.068%$33.7Mas long as short
Aevo TAO-PERP+0.0104%1h312.71−0.079%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0115%4h312.53−0.138%$52K$290K10xas long as short
Aster TAOUSDT+0.0117%4h312.85−0.035%$1.3M$10.5M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0136% / S +0.0132%1h312.30−0.213%$422K100xas long as short
Paradex TAO-USD-PERP+0.0160%8h312.93−0.012%$14K$1K10xas long as short
Bybit TAOUSDT+0.0200%4h312.96−0.001%$67.4M$150.6M50xas long as short
Arcus TAO-USD+0.0231%1h313.06+0.031%$101K$394K5xas long as short
Extended TAO-USD+0.0320%1h312.61−0.113%$914K$2.4M25xas long as short
Variational Omni TAO+0.0323%4h312.65−0.100%$5.5M$10.1Mas long as short
Nado TAO-PERP+0.0333%1h312.59−0.120%$789K$2.2M10xas long as short
BloFin TAO-USDT+0.0340%4h313.40+0.140%$4.5M$10.8M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0428%1h312.50−0.147%$13K$1.8M25xas long as short
Phoenix TAO+0.0457%1h313.70+0.236%$312K$711K5xas long as short
Hyperliquid TAO+0.0478%1h313.03+0.022%$91.9M$107.8M5xas long as short
01 Exchange TAOUSD+0.0488%1h312.97+0.003%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0505%1h312.63−0.106%$311K$885K10xas long as short
Lighter TAO+0.0640%1h313.16+0.064%$1.5M$6.5M5xas long as short
Reya TAORUSDPERP+0.0697%1h312.52−0.141%$35920xas long as short
RISEx TAO/USDC+0.0816%1h312.63−0.106%$443K$647K5xas long as short
Bulk TAO-USD+0.0817%1h310.92−0.652%$165K$33310xas long as short
Coinbase International TAO-PERP-INTX+0.0952%1h313.56+0.191%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4092%1h316.67+1.185%$23K$2K12xas long as short