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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.025%
Price spread now: gTrade (Gains Network) against Bitget+0.088%7-day average · you sell dearer than you buy
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 pays, funding is against you. gTrade (Gains Network) is 0.088% dearer against Bitget than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAOUSDT316.360.0100pay 0.0050% / 4h3h 26m$35.3M$50.7M50x
ShortgTrade (Gains Network) TAO/USD316.64L +0.0004% / S −0.0004%get 0.0001% / 1h26m 56s$21K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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
−$20.14
Price spread: +0.088% → 0.000%
$8.82
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$33.32
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago1.73 bp12.4 bp −$1225.8 bp −$258doesn'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−0.1321%1h318.22+0.588%$169K$44K10xas long as short
dYdX TAO-USD0.0000%1h317.04+0.215%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDshortL +0.0004% / S −0.0004%1h316.64+0.088%$21K150x
Popdex TAOUSDT+0.0096%1h317.22+0.272%$43K$590K20xas long as short
Binance TAOUSDT+0.0100%4h316.48+0.038%$91.0M$447.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.50+0.044%$25.9M$108.1M50xas long as short
Gate TAO_USDT+0.0100%4h316.30−0.019%$12.8M$50.7M50xas long as short
MEXC TAO_USDT+0.0100%4h316.48+0.038%$108.1M$135.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.37+0.003%$18.1M$29.2M75xas long as short
Bitget TAOUSDTlong+0.0100%4h316.36long leg$35.3M$50.7M50x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h317.29+0.293%$40K$292K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h318.49+0.674%$527K$969K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h316.91+0.174%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h316.66+0.095%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h317.26+0.284%$127K$423K20xas long as short
Phemex TAOUSDT+0.0100%4h316.69+0.104%$3.4M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h317.33+0.307%$174K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h317.29+0.294%$734$625K5xas long as short
Bullet TAO-USD+0.0124%1h317.02+0.209%$12K$17K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0093%1h316.65+0.093%$456K100xas long as short
Pacifica TAO+0.0185%1h317.41+0.331%$376K$376K10xas long as short
Arcus TAO-USD+0.0201%1h317.45+0.345%$84K$550K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0215%1h316.92+0.178%$17K$1.5M25xas long as short
Aster TAOUSDT+0.0220%4h316.52+0.052%$1.1M$8.5M50xas long as short
Paradex TAO-USD-PERP+0.0235%8h317.18+0.259%$14K$1K10xas long as short
ApeX Omni TAOUSDT+0.0296%1h317.11+0.237%$48K$266K50xas long as short
Polymarket Perps TAO-USD+0.0297%1h317.40+0.329%$93K$635K5xas long as short
BloFin TAO-USDT+0.0340%4h317.04+0.215%$4.5M$10.8M100xas long as short
BingX TAO-USDT+0.0398%4h316.61+0.079%$30.7Mas long as short
Variational Omni TAO+0.0436%4h318.35+0.628%$5.5M$8.7Mas long as short
Bybit TAOUSDT+0.0453%4h316.86+0.158%$65.3M$133.0M50xas long as short
Kraken Futures PF_TAOUSD+0.0484%1h316.74+0.119%$5.7M$20.3M50xas long as short
Phoenix TAO+0.0525%1h318.50+0.676%$333K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h322.97+2.089%$23K$67812xas long as short
01 Exchange TAOUSD+0.0608%1h317.49+0.357%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h317.19+0.261%$36520xas long as short
Nado TAO-PERP+0.0788%1h317.38+0.322%$882K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0848%1h316.78+0.133%$320K$818K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h317.78+0.449%$1.5M$6.3M50xas long as short
RISEx TAO/USDC+0.1141%1h317.28+0.290%$422K$591K5xas long as short
Extended TAO-USD+0.1144%1h316.48+0.039%$921K$2.3M25xas long as short
Lighter TAO+0.1392%1h317.27+0.286%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.2079%1h317.05+0.218%$102.1M$91.2M5xas long as short