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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h +0.065%
Price spread now: 01 Exchange against Extended−0.047%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.047% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD307.790.0704pay 0.0088% / 1h22m 04s$906K$2.0M25x
Short01 Exchange TAOUSD307.640.0520get 0.0065% / 1h22m 04s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Extended. 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
−$38.64
Price spread: −0.047% → 0.000%
−$4.73
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$55.37
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; 01 Exchange: 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 Extended live order book, 2 min ago0.32 bp5.7 bp −$67.7 bp −$77doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
dYdX TAO-USD0.0000%1h306.98−0.260%$129K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h307.58−0.067%$26K150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0065%1h307.790.000%$15K$1.3M25xas long as short
Popdex TAOUSDT+0.0096%1h307.31−0.155%$41K$530K20xas long as short
Pacifica TAO+0.0100%1h307.16−0.205%$363K$401K10xas long as short
Binance TAOUSDT+0.0100%4h308.12+0.109%$86.1M$404.1M75xas long as short
Bybit TAOUSDT+0.0100%4h308.19+0.131%$59.5M$118.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h308.10+0.102%$25.4M$93.4M50xas long as short
Arcus TAO-USD+0.0100%1h307.57−0.070%$137K$598K5xas long as short
Bulk TAO-USD+0.0100%1h307.07−0.232%$201K$57K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h307.90+0.037%$12.2M$48.2M50xas long as short
MEXC TAO_USDT+0.0100%4h308.17+0.125%$114.4M$124.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h308.04+0.083%$18.6M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h308.14+0.115%$34.5M$44.5M50xas long as short
BingX TAO-USDT+0.0100%4h308.01+0.073%$30.4Mas long as short
Variational Omni TAO+0.0100%4h305.90−0.613%$3.6M$6.5Mas long as short
edgeX TAOUSDC+0.0100%4h305.13−0.864%$39K$276K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h305.16−0.854%$535K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h304.90−0.938%$46K$267K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h307.62−0.054%$78K$675K5xas long as short
Bullet TAO-USD+0.0100%1h307.59−0.063%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h307.72−0.021%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h307.60−0.060%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h307.77−0.005%$121K$353K20xas long as short
Phemex TAOUSDT+0.0100%4h307.46−0.106%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h307.87+0.026%$169K$9983xas long as short
Katana Perps TAO-USD+0.0112%8h307.46−0.106%$879$438K5xas long as short
Paradex TAO-USD-PERP+0.0163%8h307.04−0.243%$14K$1K10xas long as short
Aster TAOUSDT+0.0166%4h307.88+0.031%$1.1M$7.5M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h307.54−0.079%$439K100xas long as short
Phoenix TAO+0.0234%1h307.30−0.158%$325K$462K5xas long as short
Nado TAO-PERP+0.0296%1h307.37−0.136%$843K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h307.69−0.031%$4.3M$9.4M100xas long as short
01 Exchange TAOUSDshort+0.0520%1h307.64−0.047%$3K$4K5x
Reya TAORUSDPERP+0.0694%1h307.54−0.078%$35420xas long as short
Extended TAO-USDlong+0.0704%1h307.79long leg$906K$2.0M25x
Lighter TAO+0.0920%1h308.31+0.170%$1.7M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h308.55+0.248%$1.5M$5.4M50xas long as short
Kraken Futures PF_TAOUSD+0.1024%1h307.99+0.067%$6.3M$19.2M50xas long as short
RISEx TAO/USDC+0.1053%1h307.57−0.068%$414K$537K5xas long as short
Backpack TAO_USDC_PERP+0.1094%1h308.20+0.135%$445K$715K10xas long as short
Hyperliquid TAO+0.1746%1h308.87+0.352%$94.5M$75.7M5xas long as short
Injective TAO/USDC PERP+0.4876%1h305.96−0.593%$22K$17112xas long as short