Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0229%/8h= −25.1% APRnext payment $0.29 per $10,000 · paid last 24h −0.040%
Price spread now: gTrade (Gains Network) against Pacifica−0.327%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.327% cheaper against Pacifica than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TAO324.180.0233pay 0.0029% / 1h5m 40s$369K$421K10x
ShortgTrade (Gains Network) TAO/USD323.12L +0.0004% / S −0.0004%get 0.0001% / 1h5m 40s$21K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Pacifica. 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
−$48.12
Price spread: −0.327% → 0.000%
−$32.73
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$98.85
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 43 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 Pacifica live order book, 43 min ago2.55 bp8.8 bp −$9doesn't fitdoesn'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
Bulk TAO-USD−0.1195%1h319.01−1.594%$169K$33310xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h323.12−0.327%$21K150x
dYdX TAO-USD+0.0028%1h323.78−0.125%$129K$85K5xas long as short
OKX TAO-USDT-SWAP+0.0100%8h323.80−0.117%$27.0M$128.5M50xas long as short
Gate TAO_USDT+0.0100%4h323.40−0.241%$14.2M$52.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h324.12−0.019%$17.9M$31.6M75xas long as short
Bitget TAOUSDT+0.0100%4h323.46−0.222%$36.6M$57.6M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h322.32−0.574%$79K$958K5xas long as short
SunX TAO-USDT+0.0100%4h322.27−0.589%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h323.55−0.194%$118K$565K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TAOUSDT+0.0100%4h323.94−0.074%$3.3M$8.1M50xas long as short
Katana Perps TAO-USD+0.0110%8h323.85−0.102%$3K$957K5xas long as short
edgeX TAOUSDC+0.0110%4h319.26−1.519%$42K$315K10xas long as short
Aevo TAO-PERP+0.0112%1h323.55−0.194%$178K$9983xas long as short
Orderly PERP_TAO_USDC+0.0119%4h323.57−0.188%$53K$291K10xas long as short
Popdex TAOUSDT+0.0120%1h323.28−0.278%$42K$679K20xas long as short
MEXC TAO_USDT+0.0124%4h324.06−0.037%$103.7M$148.9M300xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0126% / S +0.0142%1h322.79−0.428%$432K100xas long as short
Binance TAOUSDT+0.0135%4h324.04−0.043%$93.6M$516.5M75xas long as short
Pacifica TAOlong+0.0233%1h324.18long leg$369K$421K10x
Nado TAO-PERP+0.0291%1h322.50−0.517%$816K$2.2M10xas long as short
Aster TAOUSDT+0.0292%4h324.11−0.023%$1.3M$10.8M50xas long as short
Kraken Futures PF_TAOUSD+0.0294%1h323.62−0.173%$6.1M$21.6M50xas long as short
Paradex TAO-USD-PERP+0.0300%8h324.04−0.042%$15K$1K10xas long as short
Bullet TAO-USD+0.0325%1h322.65−0.472%$12K$17K20xas long as short
BloFin TAO-USDT+0.0364%4h321.98−0.679%$4.6M$11.1M100xas long as short
BingX TAO-USDT+0.0394%4h323.77−0.126%$33.9Mas long as short
GRVT TAO_USDT_Perp+0.0440%4h319.60−1.414%$545K$948K10xas long as short
Bybit TAOUSDT+0.0462%4h324.15−0.009%$71.2M$154.2M50xas long as short
Arcus TAO-USD+0.0483%1h324.01−0.052%$104K$371K5xas long as short
ApeX Omni TAOUSDT+0.0487%1h319.47−1.453%$47K$257K50xas long as short
Extended TAO-USD+0.0504%1h323.35−0.256%$920K$2.4M25xas long as short
Phoenix TAO+0.0513%1h320.60−1.104%$319K$713K5xas long as short
Variational Omni TAO+0.0516%4h323.58−0.186%$5.7M$10.1Mas long as short
Reya TAORUSDPERP+0.0697%1h322.47−0.526%$37120xas long as short
Deribit TAO_USDC-PERPETUAL+0.0709%1h323.61−0.177%$14K$1.8M25xas long as short
Lighter TAO+0.0808%1h324.25+0.022%$1.5M$6.6M5xas long as short
01 Exchange TAOUSD+0.0808%1h323.94−0.074%$3K$4K5xas long as short
Hyperliquid TAO+0.0824%1h324.36+0.056%$95.5M$109.4M5xas long as short
Backpack TAO_USDC_PERP+0.0847%1h324.63+0.139%$322K$894K10xas long as short
Coinbase International TAO-PERP-INTX+0.0928%1h324.00−0.056%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.0948%1h323.25−0.288%$464K$650K5xas long as short
Injective TAO/USDC PERP+0.3711%1h323.62−0.173%$24K$2K12xas long as short