Funding you earn now, next payment 06:00 UTC−0.0419%/8h= −45.9% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Bybit−0.397%52s7-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 −$13 a day on $10k at the current rate, and gTrade (Gains Network) is 0.397% cheaper against Bybit than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Bybit TAOUSDT | 315.06 | 0.0423 | pay 0.0212% / 4h | 2h 24m | $68.5M | $152.5M | 50x |
| Short | gTrade (Gains Network) TAO/USD | 313.81 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 24m 34s | $20K | — | 150x |
Bybit TAOUSDT
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bybit. 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
- −$87.99
- Price spread: −0.397% → 0.000%
- −$39.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$148.66
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 0.16 bp | 10.8 bp −$11 | 25.5 bp −$255 | 58.7 bp −$5,870 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0004% | 1h | 313.81 | −0.397% | $20K | — | 150x | |
| dYdX TAO-USD | +0.0044% | 1h | 314.36 | −0.222% | $125K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.97 | −0.029% | $90.4M | $508.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.00 | −0.019% | $26.4M | $122.8M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 313.47 | −0.504% | $167K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.60 | −0.146% | $14.0M | $51.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.81 | −0.079% | $108.7M | $146.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.64 | −0.133% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.48 | −0.184% | $35.4M | $57.1M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.26 | −0.572% | $41K | $314K | 10x | as long as short |
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.78 | −0.089% | $90K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.96 | −0.349% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.54 | −0.482% | $113K | $554K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 314.72 | −0.108% | $644 | $928K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.08 | −0.313% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0122% | 4h | 314.15 | −0.289% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0128% / S +0.0140% | 1h | 313.81 | −0.396% | $420K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0136% | 1h | 315.02 | −0.013% | $52K | $669K | 20x | as long as short |
| Phemex TAOUSDT | +0.0192% | 4h | 313.96 | −0.349% | $3.2M | $8.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0211% | 4h | 314.48 | −0.185% | $1.3M | $10.6M | 50x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 314.76 | −0.096% | $358K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0265% | 1h | 315.03 | −0.010% | $777K | $2.2M | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0272% | 8h | 315.06 | +0.001% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0303% | 1h | 314.19 | −0.275% | $5.9M | $21.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0325% | 1h | 314.15 | −0.288% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.97 | −0.346% | $4.6M | $10.9M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0348% | 4h | 314.02 | −0.331% | $533K | $923K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0359% | 1h | 313.36 | −0.540% | $44K | $256K | 50x | as long as short |
| Bybit TAOUSDTlong | +0.0423% | 4h | 315.06 | long leg | $68.5M | $152.5M | 50x | |
| BingX TAO-USDT | +0.0430% | 4h | 314.82 | −0.076% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0439% | 4h | 313.02 | −0.648% | $5.5M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0480% | 1h | 314.77 | −0.092% | $896K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 315.13 | +0.022% | $101K | $345K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | −0.559% | $312K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0644% | 1h | 314.10 | −0.306% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.71 | −0.113% | $362 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0760% | 1h | 315.42 | +0.114% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0776% | 1h | 314.93 | −0.040% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0803% | 1h | 314.72 | −0.108% | $92.0M | $108.5M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0812% | 1h | 314.16 | −0.286% | $312K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 315.03 | −0.010% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 314.82 | −0.075% | $456K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +1.403% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Phemex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Nado TAO-PERP
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Extended TAO-USD
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP