TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1020%/8h= −111.7% APRnext payment −$1.27 per $10,000 · paid last 24h −0.265%

Price spread now: gTrade (Gains Network) against Coinbase International−0.327%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on gTrade (Gains Network)

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 against this trade now: funding costs −$31 a day on $10k at the current rate, and gTrade (Gains Network) is 0.327% cheaper against Coinbase International 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TAO-PERP-INTX	324.38	0.1024	pay 0.0128% / 1h	26m 17s	$1.5M	$6.8M	50x
Short	gTrade (Gains Network) TAO/USD	323.32	L +0.0004% / S −0.0004%	get 0.0001% / 1h	26m 17s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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 Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.327%Rate

Funding earned: −$214.19
Price spread: −0.327% → 0.000%: −$32.71
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$266.89
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 3 min ago	7.09 bp	12.3 bp −$12	15.6 bp −$156	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.5583%	1h	316.49	−2.432%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	323.00	−0.425%	$129K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0004%	1h	323.32	−0.327%	$21K	—	150x
Popdex TAOUSDT	+0.0096%	1h	324.09	−0.089%	$34K	$676K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	323.51	−0.268%	$94.6M	$479.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	323.30	−0.333%	$26.7M	$119.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	323.30	−0.333%	$13.3M	$49.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	323.70	−0.210%	$100.4M	$141.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	324.04	−0.105%	$18.2M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	323.10	−0.395%	$36.1M	$54.6M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	323.11	−0.393%	$36K	$301K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	323.84	−0.166%	$87K	$792K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	323.46	−0.284%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	322.86	−0.469%	$131K	$482K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	323.00	−0.425%	$3.5M	$8.0M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	323.70	−0.210%	$178K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0115%	4h	323.41	−0.299%	$58K	$282K	10x	as long as short
Katana Perps TAO-USD	+0.0119%	8h	323.99	−0.120%	$689	$776K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0160% / S +0.0126%	1h	323.37	−0.310%	$449K	—	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0243%	1h	323.26	−0.344%	$5.7M	$20.7M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0254%	4h	323.03	−0.416%	$536K	$964K	10x	as long as short
Bullet TAO-USD	+0.0266%	1h	323.74	−0.196%	$12K	$18K	20x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0280%	1h	323.34	−0.321%	$20K	$1.6M	25x	as long as short
Paradex TAO-USD-PERP	+0.0302%	8h	323.59	−0.244%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	323.71	−0.207%	$4.6M	$11.4M	100x	as long as short
Aster TAOUSDT	+0.0371%	4h	323.70	−0.208%	$1.2M	$9.6M	50x	as long as short
Pacifica TAO	+0.0448%	1h	323.52	−0.264%	$383K	$402K	10x	as long as short
Phoenix TAO	+0.0504%	1h	324.30	−0.025%	$339K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	324.29	−0.028%	$101K	$487K	5x	as long as short
Bybit TAOUSDT	+0.0546%	4h	323.61	−0.237%	$70.9M	$143.7M	50x	as long as short
BingX TAO-USDT	+0.0558%	4h	323.56	−0.253%	—	$30.3M	—	as long as short
Nado TAO-PERP	+0.0575%	1h	323.90	−0.149%	$793K	$2.2M	10x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	323.67	−0.220%	$372	—	20x	as long as short
ApeX Omni TAOUSDT	+0.0723%	1h	323.82	−0.173%	$48K	$253K	50x	as long as short
01 Exchange TAOUSD	+0.0768%	1h	324.51	+0.040%	$3K	$4K	5x	as long as short
Extended TAO-USD	+0.0832%	1h	323.29	−0.337%	$949K	$2.3M	25x	as long as short
Variational Omni TAO	+0.0868%	4h	323.85	−0.164%	$6.0M	$9.8M	—	as long as short
Lighter TAO	+0.0912%	1h	323.78	−0.184%	$1.6M	$6.3M	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.1024%	1h	324.38	long leg	$1.5M	$6.8M	50x
Backpack TAO_USDC_PERP	+0.1062%	1h	323.48	−0.277%	$445K	$860K	10x	as long as short
RISEx TAO/USDC	+0.1159%	1h	324.16	−0.067%	$468K	$647K	5x	as long as short
Hyperliquid TAO	+0.1252%	1h	324.06	−0.099%	$102.0M	$99.1M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	323.37	−0.311%	$24K	$2K	12x	as long as short