TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.139%

Price spread now: Kraken Futures against gTrade (Gains Network)−0.015%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Kraken Futures

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TAO/USD	316.33	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	46m 15s	$21K	—	150x
Short	Kraken Futures PF_TAOUSD	316.29	0.0248	get 0.0031% / 1h	46m 15s	$5.6M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Kraken FuturesbpOrdersPrice spread, now −0.015%Rate

Funding earned: $51.21
Price spread: −0.015% → 0.000%: −$1.5
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $29.7
Costs to cover: 0.200%
Break-even: 2.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	10.13 bp	15.6 bp −$16	33.7 bp −$337	151.6 bp −$15.2K	doesn't fit

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	−0.2257%	1h	317.17	+0.264%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	316.54	+0.064%	$127K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USDlong	L +0.0004% / S −0.0004%	1h	316.33	long leg	$21K	—	150x
Popdex TAOUSDT	+0.0096%	1h	316.84	+0.160%	$44K	$651K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.22	−0.036%	$91.4M	$469.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.20	−0.043%	$26.2M	$115.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.40	+0.021%	$12.9M	$49.2M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	316.31	−0.008%	$105.3M	$138.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.63	+0.093%	$18.1M	$30.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.01	−0.103%	$35.3M	$53.7M	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	315.81	−0.166%	$36K	$301K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	316.54	+0.065%	$75K	$758K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	316.60	+0.084%	$58K	$282K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.24	−0.030%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.05	−0.090%	$129K	$477K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	316.09	−0.077%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.77	+0.139%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0114%	8h	316.81	+0.150%	$1K	$746K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0164% / S +0.0105%	1h	316.39	+0.018%	$430K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0212%	4h	317.35	+0.321%	$528K	$946K	10x	as long as short
Kraken Futures PF_TAOUSDshort	+0.0248%	1h	316.29	−0.015%	$5.6M	$20.5M	50x
Deribit TAO_USDC-PERPETUAL	+0.0281%	1h	316.62	+0.089%	$20K	$1.6M	25x	as long as short
Bullet TAO-USD	+0.0282%	1h	316.77	+0.138%	$12K	$18K	20x	as long as short
Aster TAOUSDT	+0.0296%	4h	316.33	−0.002%	$1.2M	$9.3M	50x	as long as short
Paradex TAO-USD-PERP	+0.0338%	8h	316.70	+0.115%	$14K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.00	−0.106%	—	$10.3M	100x	as long as short
Pacifica TAO	+0.0448%	1h	316.83	+0.157%	$374K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	316.70	+0.115%	$332K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	317.14	+0.254%	$100K	$489K	5x	as long as short
Nado TAO-PERP	+0.0558%	1h	316.58	+0.079%	$757K	$2.1M	10x	as long as short
BingX TAO-USDT	+0.0684%	4h	316.61	+0.087%	—	$30.3M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	316.36	+0.006%	$364	—	20x	as long as short
Bybit TAOUSDT	+0.0704%	4h	316.21	−0.040%	$67.3M	$139.5M	50x	as long as short
01 Exchange TAOUSD	+0.0728%	1h	317.00	+0.210%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0866%	1h	316.68	+0.109%	$320K	$802K	10x	as long as short
Variational Omni TAO	+0.0881%	4h	317.62	+0.407%	$6.0M	$9.6M	—	as long as short
Extended TAO-USD	+0.0920%	1h	316.49	+0.048%	$896K	$2.3M	25x	as long as short
ApeX Omni TAOUSDT	+0.0923%	1h	316.03	−0.096%	$46K	$253K	50x	as long as short
Lighter TAO	+0.0984%	1h	316.59	+0.081%	$1.5M	$6.3M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	317.62	+0.406%	$1.5M	$6.4M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	316.75	+0.130%	$448K	$626K	5x	as long as short
Hyperliquid TAO	+0.1433%	1h	317.11	+0.245%	$100.0M	$98.4M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	319.69	+1.061%	$23K	$2K	12x	as long as short