Funding you earn now, next payment 11:00 UTC−0.0913%/8h= −99.9% APRnext payment −$1.14 per $10,000 · paid last 24h +0.264%
Price spread now: gTrade (Gains Network) against Bulk−0.138%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$27 a day on $10k at the current rate, and gTrade (Gains Network) is 0.138% cheaper against Bulk than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk TAO-USD | 314.85 | 0.0916 | pay 0.0114% / 1h | 3m 21s | $167K | $662 | 10x |
| Short | gTrade (Gains Network) TAO/USD | 314.41 | L +0.0004% / S −0.0003% | get 0.0000% / 1h | 3m 21s | $19K | — | 150x |
Bulk TAO-USD
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bulk. 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
- −$191.64
- Price spread: −0.138% → 0.000%
- −$13.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$222.48
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 44 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 Bulk live order book, 44 min ago | 0.16 bp | 3.8 bp −$4 | 5.4 bp −$54 | 17.5 bp −$1,751 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0003% | 1h | 314.41 | −0.138% | $19K | — | 150x | |
| Popdex TAOUSDT | +0.0096% | 1h | 314.91 | +0.021% | $54K | $634K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.90 | +0.017% | $26.9M | $126.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.60 | −0.078% | $16.1M | $48.8M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.88 | +0.011% | $17.4M | $31.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.70 | −0.046% | $35.6M | $55.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.69 | −0.049% | $45K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.81 | −0.011% | $69K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.63 | −0.068% | $1K | $1.7M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.06 | −0.249% | $112K | $547K | 20x | as long as short |
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0102% | 8h | 314.93 | +0.027% | $2K | $1.3M | 5x | as long as short |
| Extended TAO-USD | +0.0104% | 1h | 314.58 | −0.083% | $947K | $2.0M | 25x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 314.95 | +0.033% | $173K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0153% | 4h | 314.61 | −0.075% | $42K | $325K | 10x | as long as short |
| MEXC TAO_USDT | +0.0158% | 4h | 314.87 | +0.008% | $110.9M | $150.8M | 300x | as long as short |
| Binance TAOUSDT | +0.0158% | 4h | 314.88 | +0.010% | $93.4M | $508.8M | 75x | as long as short |
| Phemex TAOUSDT | +0.0233% | 4h | 314.60 | −0.078% | $3.2M | $8.2M | 50x | as long as short |
| Pacifica TAO | +0.0240% | 1h | 314.66 | −0.059% | $372K | $455K | 10x | as long as short |
| Lighter TAO | +0.0248% | 1h | 314.78 | −0.020% | $1.5M | $6.8M | 5x | as long as short |
| BingX TAO-USDT | +0.0264% | 4h | 314.87 | +0.008% | — | $37.7M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0266% | 4h | 314.86 | +0.006% | $535K | $786K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0272% | 4h | 314.83 | −0.005% | $53K | $262K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0278% | 8h | 314.60 | −0.079% | $14K | $769 | 10x | as long as short |
| Bullet TAO-USD | +0.0315% | 1h | 314.93 | +0.027% | $12K | $16K | 20x | as long as short |
| Aster TAOUSDT | +0.0323% | 4h | 314.89 | +0.015% | $1.2M | $11.3M | 50x | as long as short |
| Bybit TAOUSDT | +0.0326% | 4h | 315.02 | +0.056% | $69.3M | $155.0M | 50x | as long as short |
| Nado TAO-PERP | +0.0350% | 1h | 314.89 | +0.015% | $670K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0359% / S −0.0107% | 1h | 314.52 | −0.104% | $369K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0393% | 4h | 314.86 | +0.005% | $4.9M | $10.5M | 100x | as long as short |
| dYdX TAO-USD | +0.0403% | 1h | 314.17 | −0.216% | $265K | $230K | 5x | as long as short |
| Variational Omni TAO | +0.0539% | 4h | 314.94 | +0.031% | $5.8M | $9.9M | — | as long as short |
| Hyperliquid TAO | +0.0543% | 1h | 315.02 | +0.056% | $94.5M | $104.9M | 5x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 314.92 | +0.024% | $99K | $287K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 315.45 | +0.192% | $3K | $2K | 5x | as long as short |
| Phoenix TAO | +0.0650% | 1h | 315.20 | +0.113% | $317K | $710K | 5x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 314.75 | −0.029% | $439K | $655K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 315.21 | +0.116% | $1.1M | $7.5M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 314.90 | +0.018% | $362 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0721% | 1h | 314.81 | −0.013% | $30K | $1.9M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0767% | 1h | 314.74 | −0.033% | $296K | $1.1M | 10x | as long as short |
| Bulk TAO-USDlong | +0.0916% | 1h | 314.85 | long leg | $167K | $662 | 10x | |
| Kraken Futures PF_TAOUSD | +0.0936% | 1h | 314.94 | +0.031% | $6.3M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4405% | 1h | 319.29 | +1.412% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
Extended TAO-USD
Aevo TAO-PERP
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Phemex TAOUSDT
Pacifica TAO
Lighter TAO
BingX TAO-USDT
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
Bullet TAO-USD
Aster TAOUSDT
Bybit TAOUSDT
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
dYdX TAO-USD
Variational Omni TAO
Hyperliquid TAO
Arcus TAO-USD
01 Exchange TAOUSD
Phoenix TAO
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP