TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.1% APRpaid last 24h +0.030%

Price spread now: Katana Perps against gTrade (Gains Network)+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Katana Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Katana Perps is 0.108% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TAO/USD	318.64	L +0.0004% / S −0.0005%	pay 0.0001% / 1h	7m 11s	$22K	—	150x
Short	Katana Perps TAO-USD	318.98	0.0106	get 0.0106% / 8h	7m 11s	$653	$1.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Katana PerpsbpOrdersPrice spread, now +0.108%Rate

Funding earned: $21.35
Price spread: +0.108% → 0.000%: $10.8
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: $18.35
Costs to cover: 0.138%
Break-even: 1.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Katana Perps: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Katana Perps no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Katana Perps: 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/USDlong	L +0.0004% / S −0.0005%	1h	318.64	long leg	$22K	—	150x
dYdX TAO-USD	+0.0066%	1h	318.86	+0.071%	$128K	$86K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.23	+0.186%	$49K	$716K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.90	+0.083%	$26.5M	$132.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.70	+0.020%	$14.8M	$52.4M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.74	+0.033%	$17.9M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.68	+0.014%	$36.0M	$58.1M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.02	+0.121%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	318.73	+0.030%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.08	−0.174%	$116K	$592K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TAO/USD [WBTC.b-USDC]	L +0.0103% / S +0.0137%	1h	318.64	0.000%	$411K	—	100x	as long as short
Katana Perps TAO-USDshort	+0.0106%	8h	318.98	+0.108%	$653	$1.2M	5x
ApeX Omni TAOUSDT	+0.0121%	1h	319.65	+0.318%	$46K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0128%	1h	319.08	+0.141%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0180%	4h	318.97	+0.105%	$52K	$295K	10x	as long as short
edgeX TAOUSDC	+0.0189%	4h	319.75	+0.348%	$42K	$319K	10x	as long as short
MEXC TAO_USDT	+0.0194%	4h	318.97	+0.105%	$104.4M	$152.8M	300x	as long as short
Binance TAOUSDT	+0.0195%	4h	318.72	+0.026%	$93.2M	$533.7M	75x	as long as short
Bulk TAO-USD	+0.0217%	1h	317.92	−0.223%	$169K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0265%	8h	319.00	+0.114%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0278%	4h	318.99	+0.111%	—	$37.4M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	319.10	+0.146%	$70.2M	$157.2M	50x	as long as short
Bullet TAO-USD	+0.0306%	1h	319.06	+0.133%	$12K	$17K	20x	as long as short
Pacifica TAO	+0.0313%	1h	319.00	+0.115%	$374K	$465K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0318%	4h	319.67	+0.323%	$544K	$896K	10x	as long as short
Aster TAOUSDT	+0.0356%	4h	318.78	+0.045%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0392%	1h	318.92	+0.090%	$906K	$2.4M	25x	as long as short
Phemex TAOUSDT	+0.0434%	4h	318.88	+0.077%	$3.2M	$8.1M	50x	as long as short
BloFin TAO-USDT	+0.0435%	4h	319.14	+0.158%	$4.7M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0467%	1h	319.13	+0.156%	$782K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.46	+0.259%	$101K	$384K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0562%	1h	318.93	+0.093%	$15K	$1.9M	25x	as long as short
Variational Omni TAO	+0.0568%	4h	319.84	+0.378%	$5.6M	$10.1M	—	as long as short
Phoenix TAO	+0.0629%	1h	319.90	+0.397%	$322K	$703K	5x	as long as short
Lighter TAO	+0.0632%	1h	319.19	+0.175%	$1.6M	$6.9M	5x	as long as short
01 Exchange TAOUSD	+0.0688%	1h	319.56	+0.290%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.06	+0.132%	$367	—	20x	as long as short
Hyperliquid TAO	+0.0699%	1h	319.13	+0.155%	$94.5M	$110.1M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0706%	1h	319.11	+0.149%	$417K	$969K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0831%	1h	319.06	+0.132%	$6.0M	$21.7M	50x	as long as short
RISEx TAO/USDC	+0.0831%	1h	319.19	+0.173%	$452K	$662K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.76	+0.353%	$1.3M	$7.2M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	322.44	+1.194%	$23K	$2K	12x	as long as short