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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo−0.076%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.076% cheaper against Aevo than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TAO-PERP321.050.0128pay 0.0016% / 1h14m 28s$176K$9983x
ShortgTrade (Gains Network) TAO/USD320.81L +0.0004% / S −0.0005%get 0.0001% / 1h14m 28s$22K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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
−$25.9
Price spread: −0.076% → 0.000%
−$7.62
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$59.52
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 29 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 Aevo live order book, 29 min ago56.19 bp79.8 bp −$80423.7 bp −$4,237doesn'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−0.2264%1h322.24+0.371%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h320.54−0.159%$128K$85K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0005%1h320.81−0.076%$22K150x
Popdex TAOUSDT+0.0096%1h320.81−0.075%$44K$705K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h320.70−0.109%$26.9M$130.2M50xas long as short
Gate TAO_USDT+0.0100%4h320.70−0.109%$14.4M$52.3M50xas long as short
KuCoin TAOUSDTM+0.0100%4h320.70−0.109%$18.0M$32.1M75xas long as short
Bitget TAOUSDT+0.0100%4h320.26−0.246%$36.0M$58.0M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h320.89−0.050%$45K$258K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h320.62−0.134%$85K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h320.87−0.056%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h320.85−0.062%$117K$598K20xas long as short
Katana Perps TAO-USD+0.0108%8h320.94−0.034%$1K$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0115% / S +0.0154%1h320.71−0.105%$423K100xas long as short
Aevo TAO-PERPlong+0.0128%1h321.05long leg$176K$9983x
Orderly PERP_TAO_USDC+0.0128%4h320.96−0.028%$53K$293K10xas long as short
Binance TAOUSDT+0.0196%4h320.76−0.091%$93.1M$527.9M75xas long as short
MEXC TAO_USDT+0.0196%4h320.97−0.025%$107.3M$151.1M300xas long as short
edgeX TAOUSDC+0.0206%4h320.99−0.020%$42K$319K10xas long as short
Paradex TAO-USD-PERP+0.0265%8h320.80−0.079%$15K$1K10xas long as short
Bybit TAOUSDT+0.0295%4h320.86−0.059%$70.5M$155.9M50xas long as short
BingX TAO-USDT+0.0316%4h321.01−0.013%$35.0Mas long as short
Phemex TAOUSDT+0.0331%4h321.00−0.016%$3.3M$8.1M50xas long as short
Bullet TAO-USD+0.0338%1h320.51−0.167%$12K$17K20xas long as short
Aster TAOUSDT+0.0363%4h320.90−0.047%$1.3M$10.9M50xas long as short
Extended TAO-USD+0.0400%1h320.80−0.078%$913K$2.4M25xas long as short
GRVT TAO_USDT_Perp+0.0418%4h321.37+0.098%$545K$937K10xas long as short
BloFin TAO-USDT+0.0437%4h321.30+0.078%$4.7M$11.1M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0475%1h321.11+0.019%$15K$2.0M25xas long as short
Nado TAO-PERP+0.0517%1h320.41−0.199%$797K$2.0M10xas long as short
Variational Omni TAO+0.0519%4h320.56−0.153%$5.7M$10.2Mas long as short
Pacifica TAO+0.0525%1h320.83−0.070%$366K$428K10xas long as short
Phoenix TAO+0.0567%1h322.20+0.358%$321K$709K5xas long as short
Hyperliquid TAO+0.0640%1h320.65−0.125%$94.9M$110.0M5xas long as short
Arcus TAO-USD+0.0641%1h321.11+0.019%$104K$389K5xas long as short
01 Exchange TAOUSD+0.0648%1h321.08+0.009%$3K$4K5xas long as short
Lighter TAO+0.0688%1h320.88−0.054%$1.6M$6.8M5xas long as short
Reya TAORUSDPERP+0.0698%1h320.36−0.214%$36820xas long as short
Backpack TAO_USDC_PERP+0.0714%1h321.19+0.043%$299K$905K10xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h321.77+0.224%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h320.90−0.047%$444K$674K5xas long as short
Kraken Futures PF_TAOUSD+0.1149%1h321.21+0.049%$6.0M$21.7M50xas long as short
Injective TAO/USDC PERP+0.4723%1h325.94+1.523%$24K$2K12xas long as short