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−0.0337%/8h= −37.0% APRpaid last 24h −0.100%
Price spread now: gTrade (Gains Network) against BloFin−0.817%770s7-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 −$10 a day on $10k at the current rate, and gTrade (Gains Network) is 0.817% cheaper against BloFin than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 770 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAO-USDT311.160.0340pay 0.0170% / 4h2h 36m$4.4M$10.7M100x
ShortgTrade (Gains Network) TAO/USD308.62L +0.0004% / S −0.0003%get 0.0000% / 1h36m 07s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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
−$70.87
Price spread: −0.817% → 0.000%
−$81.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$174.54
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: 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 BloFin live order book, 13 min ago5.00 bp12.9 bp −$1322.6 bp −$226doesn'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%1h308.14−0.971%$123K$84K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0003%1h308.62−0.817%$12K150x
Popdex TAOUSDT+0.0096%1h308.82−0.752%$37K$621K20xas long as short
Binance TAOUSDT+0.0100%4h308.82−0.751%$88.7M$461.0M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h309.00−0.694%$25.3M$108.9M50xas long as short
Gate TAO_USDT+0.0100%4h308.40−0.887%$12.5M$49.8M50xas long as short
MEXC TAO_USDT+0.0100%4h308.70−0.791%$103.9M$137.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h308.73−0.781%$17.9M$30.0M75xas long as short
Bitget TAOUSDT+0.0100%4h308.46−0.868%$34.4M$53.1M50xas long as short
edgeX TAOUSDC+0.0100%4h308.03−1.005%$34K$299K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TAO_USDT_Perp+0.0100%4h308.55−0.837%$508K$965K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h307.98−1.022%$46K$268K50xas long as short
Orderly PERP_TAO_USDC+0.0100%4h308.55−0.839%$56K$283K10xas long as short
SunX TAO-USDT+0.0100%4h308.75−0.775%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h308.71−0.787%$126K$471K20xas long as short
Aevo TAO-PERP+0.0104%1h309.01−0.691%$170K$9983xas long as short
Katana Perps TAO-USD+0.0125%8h308.73−0.781%$692$682K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0169% / S +0.0092%1h308.57−0.832%$429K100xas long as short
Kraken Futures PF_TAOUSD+0.0171%1h308.62−0.815%$5.5M$20.4M50xas long as short
Aster TAOUSDT+0.0178%4h308.71−0.787%$1.3M$9.2M50xas long as short
Polymarket Perps TAO-USD+0.0179%1h308.82−0.752%$75K$645K5xas long as short
Bullet TAO-USD+0.0213%1h308.96−0.707%$12K$17K20xas long as short
Deribit TAO_USDC-PERPETUAL+0.0279%1h308.58−0.830%$10K$1.6M25xas long as short
Paradex TAO-USD-PERP+0.0281%8h308.52−0.848%$14K$1K10xas long as short
Pacifica TAO+0.0285%1h308.65−0.807%$364K$381K10xas long as short
Arcus TAO-USD+0.0337%1h309.01−0.691%$97K$562K5xas long as short
BloFin TAO-USDTlong+0.0340%4h311.16long leg$4.4M$10.7M100x
Phemex TAOUSDT+0.0459%4h308.75−0.775%$3.3M$8.0M50xas long as short
Injective TAO/USDC PERP+0.0470%1h315.63+1.437%$23K$2K12xas long as short
Nado TAO-PERP+0.0565%1h308.70−0.790%$752K$2.1M10xas long as short
Phoenix TAO+0.0588%1h308.80−0.758%$323K$681K5xas long as short
01 Exchange TAOUSD+0.0624%1h309.06−0.675%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h308.94−0.714%$35520xas long as short
BingX TAO-USDT+0.0704%4h308.66−0.803%$31.0Mas long as short
Bybit TAOUSDT+0.0740%4h309.06−0.675%$63.5M$136.1M50xas long as short
Variational Omni TAO+0.0748%4h309.04−0.682%$5.3M$8.9Mas long as short
Backpack TAO_USDC_PERP+0.0837%1h308.80−0.758%$312K$814K10xas long as short
Extended TAO-USD+0.0920%1h308.65−0.807%$885K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h309.46−0.546%$1.4M$6.3M50xas long as short
RISEx TAO/USDC+0.1132%1h308.80−0.760%$442K$621K5xas long as short
Hyperliquid TAO+0.1216%1h308.98−0.701%$97.3M$93.5M5xas long as short
Lighter TAO+0.1320%1h309.06−0.677%$1.6M$6.0M5xas long as short
Bulk TAO-USD+0.4286%1h309.11−0.660%$164K$40K10xas long as short