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+0.0353%/8h= +38.7% APRnext payment +$0.44 per $10,000 · paid last 24h −0.120%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TAOUSD310.75−0.0349get 0.0044% / 1h3m 16s$5.5M$20.7M50x
ShortgTrade (Gains Network) TAO/USD310.73L +0.0004% / S −0.0004%get 0.0001% / 1h3m 16s$20K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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
$74.21
Price spread: −0.007% → 0.000%
−$0.72
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$53.49
Costs to cover
0.200%
Break-even
2.0 days
Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago4.81 bp14.6 bp −$1526.2 bp −$262110.4 bp −$11.0Kdoesn'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_TAOUSDlong−0.0349%1h310.75long leg$5.5M$20.7M50x
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h310.73−0.007%$20K150x
dYdX TAO-USD+0.0018%1h310.95+0.064%$124K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h311.08+0.106%$48K$661K20xas long as short
Katana Perps TAO-USD+0.0100%8h310.91+0.051%$2K$862K5xas long as short
Pacifica TAO+0.0100%1h311.24+0.158%$354K$416K10xas long as short
Binance TAOUSDT+0.0100%4h311.08+0.107%$88.8M$502.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h310.90+0.048%$25.9M$120.5M50xas long as short
Gate TAO_USDT+0.0100%4h310.80+0.016%$13.3M$50.6M50xas long as short
MEXC TAO_USDT+0.0100%4h311.15+0.129%$103.0M$145.9M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h310.91+0.051%$17.4M$31.4M75xas long as short
Bitget TAOUSDT+0.0100%4h310.48−0.087%$35.0M$56.7M50xas long as short
edgeX TAOUSDC+0.0100%4h312.13+0.443%$41K$314K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h312.06+0.421%$46K$254K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h311.06+0.100%$81K$905K5xas long as short
Bullet TAO-USD+0.0100%1h311.17+0.136%$12K$17K20xas long as short
SunX TAO-USDT+0.0100%4h310.66−0.029%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h311.64+0.286%$110K$542K20xas long as short
Phemex TAOUSDT+0.0100%4h311.86+0.357%$3.1M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h310.97+0.071%$171K$9983xas long as short
Aster TAOUSDT+0.0112%4h311.26+0.164%$1.3M$10.5M50xas long as short
GRVT TAO_USDT_Perp+0.0114%4h311.90+0.370%$530K$942K10xas long as short
Orderly PERP_TAO_USDC+0.0115%4h310.98+0.074%$51K$290K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0134% / S +0.0137%1h310.77+0.007%$413K100xas long as short
Paradex TAO-USD-PERP+0.0175%8h311.10+0.113%$14K$1K10xas long as short
Arcus TAO-USD+0.0231%1h311.47+0.232%$101K$369K5xas long as short
BingX TAO-USDT+0.0256%4h311.07+0.103%$33.8Mas long as short
Bybit TAOUSDT+0.0282%4h311.10+0.112%$67.3M$150.9M50xas long as short
Nado TAO-PERP+0.0311%1h311.18+0.139%$785K$2.2M10xas long as short
Extended TAO-USD+0.0312%1h310.79+0.013%$908K$2.4M25xas long as short
Variational Omni TAO+0.0338%4h312.45+0.547%$5.5M$10.1Mas long as short
BloFin TAO-USDT+0.0340%4h312.08+0.428%$4.5M$10.8M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0439%1h310.84+0.028%$12K$1.8M25xas long as short
Phoenix TAO+0.0457%1h312.40+0.531%$311K$711K5xas long as short
Hyperliquid TAO+0.0459%1h311.25+0.161%$91.3M$108.0M5xas long as short
Bulk TAO-USD+0.0468%1h310.750.000%$165K$33310xas long as short
Backpack TAO_USDC_PERP+0.0479%1h311.92+0.376%$310K$885K10xas long as short
01 Exchange TAOUSD+0.0496%1h311.34+0.190%$3K$4K5xas long as short
Lighter TAO+0.0600%1h311.40+0.209%$1.5M$6.6M5xas long as short
Reya TAORUSDPERP+0.0697%1h311.15+0.127%$35820xas long as short
RISEx TAO/USDC+0.0816%1h311.11+0.115%$441K$647K5xas long as short
Coinbase International TAO-PERP-INTX+0.0952%1h311.95+0.386%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4092%1h315.73+1.602%$23K$2K12xas long as short