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

TAO

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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0786%/8h= −86.1% APRpaid last 24h −0.246%
Price spread now: MEXC against Coinbase International−0.167%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.315% of the position
Long on Coinbase InternationalShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.638%−$64 on $10k
Price spread, last 4 days (all we have)−0.085%−$8 · spread now −0.167%, 7d avg −0.187%
Together, before fees−0.722%−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.020% dearer against Coinbase International than usual: you sell high and buy low (spread −0.167% now, against its 7-day average of −0.187%): +$2 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.638% in total) that is about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TAO-PERP-INTX317.200.0944pay 0.0118% / 1h48m 29s$1.2M$7.3M50x
ShortMEXC TAO_USDT316.670.0158get 0.0079% / 4h3h 48m$104.1M$151.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
−$165.06
Price spread: −0.167% → −0.187%
$2.03
Slippage, 4 orders
−$21.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$194.53
Costs to cover
0.315%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 6 min ago; MEXC: live order book, 6 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 Coinbase International live order book, 6 min ago8.21 bp13.2 bp −$1317.4 bp −$174doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago1.58 bp2.3 bp −$210.8 bp −$10830.0 bp −$2,99984.4 bp −$42.2K

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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h316.67−0.166%$22K—150xas long as short
dYdX TAO-USD+0.0078%1h316.80−0.127%$127K$86K5xas long as short
Popdex TAOUSDT+0.0096%1h317.11−0.028%$49K$718K20xas long as short
Katana Perps TAO-USD+0.0100%8h316.83−0.117%$2K$1.2M5xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.10−0.032%$26.4M$131.3M50xas long as short
Gate TAO_USDT+0.0100%4h316.60−0.189%$14.8M$49.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h316.73−0.148%$17.8M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.81−0.123%$35.7M$57.7M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h317.26+0.019%$87K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h316.81−0.123%$2K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h316.26−0.296%$116K$589K20xas long as short
Aevo TAO-PERP+0.0120%1h316.93−0.087%$174K$9983xas long as short
GRVT TAO_USDT_Perp+0.0140%4h316.42−0.247%$542K$887K10xas long as short
MEXC TAO_USDTshort+0.0158%4h316.67−0.167%$104.1M$151.5M300x
Binance TAOUSDT+0.0162%4h317.07−0.042%$92.8M$531.9M75xas long as short
edgeX TAOUSDC+0.0167%4h316.51−0.218%$42K$320K10xas long as short
Orderly PERP_TAO_USDC+0.0202%4h317.03−0.054%$54K$299K10xas long as short
Bulk TAO-USD+0.0233%1h316.19−0.318%$168K$010xas long as short
Phemex TAOUSDT+0.0247%4h316.98−0.069%$3.2M$8.2M50xas long as short
Paradex TAO-USD-PERP+0.0251%8h316.99−0.067%$14K$87610xas long as short
Bullet TAO-USD+0.0253%1h317.24+0.013%$12K$17K20xas long as short
ApeX Omni TAOUSDT+0.0308%1h316.74−0.145%$46K$259K50xas long as short
Aster TAOUSDT+0.0322%4h316.95−0.079%$1.2M$11.1M50xas long as short
Pacifica TAO+0.0349%1h316.89−0.099%$372K$442K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0366% / S −0.0107%1h316.79−0.130%$372K—100xas long as short
Extended TAO-USD+0.0384%1h316.89−0.098%$899K$2.4M25xas long as short
BloFin TAO-USDT+0.0398%4h316.98−0.069%$4.8M$10.9M100xas long as short
Arcus TAO-USD+0.0404%1h317.22+0.006%$100K$377K5xas long as short
Bybit TAOUSDT+0.0527%4h317.21+0.003%$69.8M$156.3M50xas long as short
Hyperliquid TAO+0.0548%1h317.17−0.009%$93.6M$109.9M5xas long as short
Nado TAO-PERP+0.0567%1h316.91−0.091%$771K$2.0M10xas long as short
Phoenix TAO+0.0578%1h315.60−0.504%$317K$714K5xas long as short
01 Exchange TAOUSD+0.0608%1h317.39+0.060%$3K$4K5xas long as short
Variational Omni TAO+0.0612%4h316.00−0.377%$5.6M$10.1M—as long as short
Deribit TAO_USDC-PERPETUAL+0.0613%1h317.200.000%$15K$1.9M25xas long as short
Lighter TAO+0.0696%1h317.03−0.053%$1.6M$6.6M5xas long as short
Reya TAORUSDPERP+0.0698%1h317.02−0.056%$365—20xas long as short
Backpack TAO_USDC_PERP+0.0773%1h317.23+0.009%$317K$1.0M10xas long as short
Kraken Futures PF_TAOUSD+0.0785%1h317.19−0.003%$6.0M$21.3M50xas long as short
RISEx TAO/USDC+0.0840%1h316.95−0.080%$449K$670K5xas long as short
Coinbase International TAO-PERP-INTXlong+0.0944%1h317.20long leg$1.2M$7.3M50x
BingX TAO-USDT+0.1210%4h316.95−0.079%—$37.3M—as long as short
Injective TAO/USDC PERP+0.3512%1h321.91+1.485%$23K$2K12xas long as short