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

TAO

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Alert: funding
Measured
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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 0.000%
Price spread now: Binance against Gate+0.040%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Long on GateShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.040%, 7d avg +0.018%
Together, before fees−0.055%−$5 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: Binance is 0.022% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TAO_USDT305.600.0100pay 0.0050% / 4h2h 37m$12.1M$47.7M50x
ShortBinance TAOUSDT305.720.0100get 0.0050% / 4h2h 37m$85.7M$401.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: +0.040% → +0.018%
$2.22
Slippage, 4 orders
−$31.19
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.97
Costs to cover
0.562%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: 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 Gate live order book, 1 min ago3.27 bp19.9 bp −$2038.6 bp −$38654.3 bp −$5,42991.4 bp −$45.7K
Sell Binance live order book, 6 min ago0.16 bp8.1 bp −$814.7 bp −$14736.2 bp −$3,621doesn'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
dYdX TAO-USD0.0000%1h305.62+0.007%$128K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h305.57−0.011%$19K—150xas long as short
Popdex TAOUSDT+0.0096%1h305.77+0.056%$41K$524K20xas long as short
Pacifica TAO+0.0100%1h305.97+0.120%$361K$400K10xas long as short
Binance TAOUSDTshort+0.0100%4h305.72+0.040%$85.7M$401.5M75x
Bybit TAOUSDT+0.0100%4h305.79+0.062%$58.9M$117.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h305.80+0.065%$25.0M$92.2M50xas long as short
Arcus TAO-USD+0.0100%1h306.00+0.131%$137K$593K5xas long as short
Gate TAO_USDTlong+0.0100%4h305.60long leg$12.1M$47.7M50x
MEXC TAO_USDT+0.0100%4h305.86+0.085%$112.6M$122.4M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h305.75+0.049%$18.4M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h305.54−0.020%$34.3M$44.4M50xas long as short
BingX TAO-USDT+0.0100%4h305.70+0.033%—$30.4M—as long as short
Variational Omni TAO+0.0100%4h306.23+0.207%$3.6M$6.7M—as long as short
edgeX TAOUSDC+0.0100%4h305.09−0.168%$39K$276K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h305.96+0.117%$536K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h305.81+0.069%$46K$267K50xas long as short
Bullet TAO-USD+0.0100%1h305.74+0.045%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h305.72+0.039%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h305.41−0.062%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h305.74+0.046%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h305.600.000%$3.2M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h305.66+0.020%$168K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h305.76+0.052%$876$426K5xas long as short
Polymarket Perps TAO-USD+0.0119%1h305.85+0.082%$85K$669K5xas long as short
Aster TAOUSDT+0.0127%4h305.81+0.069%$1.1M$7.5M50xas long as short
Paradex TAO-USD-PERP+0.0166%8h305.86+0.086%$14K$99210xas long as short
Deribit TAO_USDC-PERPETUAL+0.0171%1h305.80+0.066%$13K$1.3M25xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h305.54−0.019%$436K—100xas long as short
Phoenix TAO+0.0234%1h306.20+0.196%$324K$462K5xas long as short
Nado TAO-PERP+0.0247%1h305.84+0.079%$848K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h305.23−0.121%$4.2M$9.4M100xas long as short
01 Exchange TAOUSD+0.0496%1h306.19+0.193%$3K$4K5xas long as short
Extended TAO-USD+0.0656%1h305.68+0.027%$873K$1.9M25xas long as short
Bulk TAO-USD+0.0668%1h304.81−0.259%$200K$57K10xas long as short
Reya TAORUSDPERP+0.0694%1h305.77+0.055%$352—20xas long as short
Lighter TAO+0.0848%1h306.19+0.192%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h306.48+0.288%$1.5M$5.3M50xas long as short
Kraken Futures PF_TAOUSD+0.1031%1h305.86+0.086%$6.3M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h305.97+0.120%$408K$535K5xas long as short
Backpack TAO_USDC_PERP+0.1245%1h306.08+0.157%$468K$683K10xas long as short
Hyperliquid TAO+0.1630%1h306.35+0.245%$93.0M$75.3M5xas long as short
Injective TAO/USDC PERP+0.4876%1h307.78+0.713%$22K$13612xas long as short