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

TAO

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against Binance−0.031%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Long on BinanceShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days+0.069%+$7 · spread now −0.031%, 7d avg −0.009%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAOUSDT304.430.0100pay 0.0050% / 4h2h 48m$85.3M$400.6M75x
ShortBitget TAOUSDT304.340.0100get 0.0050% / 4h2h 48m$34.1M$44.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: −0.031% → −0.009%
−$2.17
Slippage, 4 orders
−$12.49
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$36.66
Costs to cover
0.345%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.16 bp6.6 bp −$713.8 bp −$13836.2 bp −$3,624doesn't fit
Sell Bitget live order book, 1 min ago1.15 bp10.7 bp −$1121.2 bp −$212doesn't fitdoesn't fit

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−0.0973%1h304.87+0.143%$200K$57K10xas long as short
dYdX TAO-USD0.0000%1h304.90+0.154%$128K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h304.29−0.047%$19K—150xas long as short
Popdex TAOUSDT+0.0096%1h304.23−0.067%$38K$522K20xas long as short
Pacifica TAO+0.0100%1h304.95+0.170%$361K$401K10xas long as short
Binance TAOUSDTlong+0.0100%4h304.43long leg$85.3M$400.6M75x
Bybit TAOUSDT+0.0100%4h304.55+0.038%$58.4M$117.0M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h304.50+0.022%$24.8M$91.1M50xas long as short
Arcus TAO-USD+0.0100%1h304.65+0.071%$135K$591K5xas long as short
Gate TAO_USDT+0.0100%4h304.50+0.022%$12.0M$47.4M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h304.62+0.061%$111.6M$121.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h304.70+0.088%$18.2M$26.3M75xas long as short
Bitget TAOUSDTshort+0.0100%4h304.34−0.031%$34.1M$44.2M50x
BingX TAO-USDT+0.0100%4h304.64+0.068%—$30.5M—as long as short
Variational Omni TAO+0.0100%4h303.48−0.314%$3.6M$6.7M—as long as short
edgeX TAOUSDC+0.0100%4h303.44−0.327%$39K$276K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h304.10−0.109%$543K$977K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h303.27−0.382%$46K$267K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h304.43−0.001%$82K$665K5xas long as short
Bullet TAO-USD+0.0100%1h304.50+0.022%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h304.53+0.032%$58K$276K10xas long as short
SunX TAO-USDT+0.0100%4h304.39−0.014%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h304.09−0.113%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h304.60+0.055%$3.2M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h304.90+0.152%$167K$9983xas long as short
Aster TAOUSDT+0.0109%4h304.53+0.032%$1.1M$7.4M50xas long as short
Katana Perps TAO-USD+0.0114%8h304.32−0.037%$1K$416K5xas long as short
Nado TAO-PERP+0.0155%1h304.30−0.045%$743K$1.8M10xas long as short
Paradex TAO-USD-PERP+0.0164%8h304.73+0.098%$14K$99210xas long as short
Deribit TAO_USDC-PERPETUAL+0.0223%1h304.70+0.087%$16K$1.3M25xas long as short
Phoenix TAO+0.0234%1h305.20+0.252%$323K$462K5xas long as short
BloFin TAO-USDT+0.0340%4h304.83+0.130%$4.3M$9.4M100xas long as short
01 Exchange TAOUSD+0.0408%1h304.70+0.088%$3K$4K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0464% / S −0.0175%1h304.29−0.048%$433K—100xas long as short
Lighter TAO+0.0568%1h305.06+0.205%$1.6M$4.8M5xas long as short
Extended TAO-USD+0.0608%1h304.55+0.038%$872K$1.9M25xas long as short
Reya TAORUSDPERP+0.0694%1h304.29−0.047%$350—20xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h305.80+0.449%$1.5M$5.4M50xas long as short
Kraken Futures PF_TAOUSD+0.1034%1h305.01+0.190%$6.2M$19.5M50xas long as short
Backpack TAO_USDC_PERP+0.1050%1h304.97+0.176%$467K$683K10xas long as short
RISEx TAO/USDC+0.1053%1h304.49+0.017%$403K$531K5xas long as short
Hyperliquid TAO+0.1329%1h305.21+0.255%$91.5M$74.3M5xas long as short
Injective TAO/USDC PERP+0.4876%1h307.78+1.099%$22K$13612xas long as short