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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h −0.034%
Price spread now: OKX against Aster+0.022%7-day average −0.116% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.185%−$18 on $10k
Price spread, last 7 days−0.237%−$24 · spread now +0.022%, 7d avg −0.116%
Together, before fees−0.422%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.138% dearer against Aster than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.116%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 6 days (−0.185% in total) that is about 4.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TAOUSDT319.530.0334pay 0.0167% / 4h1h 27m$1.3M$10.9M50x
ShortOKX TAO-USDT-SWAP319.600.0100get 0.0100% / 8h1h 27m$26.7M$129.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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
−$49.12
Price spread: +0.022% → −0.116%
$13.79
Slippage, 4 orders
−$16.84
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$70.17
Costs to cover
0.348%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; OKX: 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 Aster live order book, 1 min ago0.16 bp6.2 bp −$616.9 bp −$169142.2 bp −$14.2Kdoesn't fit
Sell OKX live order book, 1 min ago1.57 bp9.5 bp −$914.1 bp −$14163.9 bp −$6,392doesn'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−0.1995%1h319.47−0.018%$170K$33310xas long as short
dYdX TAO-USD0.0000%1h319.13−0.125%$127K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h319.02−0.160%$22K150xas long as short
Popdex TAOUSDT+0.0096%1h319.13−0.125%$42K$705K20xas long as short
OKX TAO-USDT-SWAPshort+0.0100%8h319.60+0.022%$26.7M$129.8M50x
Gate TAO_USDT+0.0100%4h319.20−0.103%$14.3M$52.0M50xas long as short
KuCoin TAOUSDTM+0.0100%4h319.51−0.006%$17.9M$32.1M75xas long as short
Bitget TAOUSDT+0.0100%4h319.43−0.031%$35.9M$58.4M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h320.35+0.257%$45K$259K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.06−0.147%$91K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h319.13−0.125%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h318.75−0.244%$118K$590K20xas long as short
Katana Perps TAO-USD+0.0109%8h319.00−0.165%$1K$1.0M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0118% / S +0.0149%1h318.95−0.181%$426K100xas long as short
Aevo TAO-PERP+0.0120%1h319.41−0.036%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0121%4h319.26−0.084%$53K$292K10xas long as short
edgeX TAOUSDC+0.0165%4h319.82+0.090%$42K$318K10xas long as short
MEXC TAO_USDT+0.0170%4h319.61+0.025%$105.7M$150.1M300xas long as short
Binance TAOUSDT+0.0172%4h319.71+0.056%$92.6M$529.1M75xas long as short
Paradex TAO-USD-PERP+0.0264%8h319.14−0.121%$14K$1K10xas long as short
Phemex TAOUSDT+0.0295%4h319.54+0.004%$3.3M$8.1M50xas long as short
Aster TAOUSDTlong+0.0334%4h319.53long leg$1.3M$10.9M50x
Bybit TAOUSDT+0.0334%4h319.70+0.054%$70.0M$156.1M50xas long as short
BingX TAO-USDT+0.0345%4h319.63+0.032%$34.5Mas long as short
Bullet TAO-USD+0.0387%1h319.39−0.043%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0396%4h319.57+0.014%$544K$940K10xas long as short
BloFin TAO-USDT+0.0410%4h319.36−0.053%$4.7M$11.1M100xas long as short
Extended TAO-USD+0.0456%1h319.60+0.023%$911K$2.4M25xas long as short
Pacifica TAO+0.0525%1h319.31−0.070%$363K$423K10xas long as short
Variational Omni TAO+0.0541%4h320.05+0.163%$5.7M$10.2Mas long as short
Nado TAO-PERP+0.0556%1h319.13−0.126%$794K$2.0M10xas long as short
Phoenix TAO+0.0567%1h319.20−0.103%$318K$709K5xas long as short
01 Exchange TAOUSD+0.0632%1h319.41−0.037%$3K$4K5xas long as short
Hyperliquid TAO+0.0633%1h319.56+0.010%$94.4M$110.3M5xas long as short
Arcus TAO-USD+0.0641%1h319.56+0.010%$103K$394K5xas long as short
Reya TAORUSDPERP+0.0698%1h319.25−0.088%$36720xas long as short
Backpack TAO_USDC_PERP+0.0706%1h319.43−0.031%$298K$905K10xas long as short
Lighter TAO+0.0728%1h319.530.000%$1.5M$6.7M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0751%1h319.33−0.061%$15K$1.9M25xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h320.68+0.360%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h319.04−0.152%$457K$666K5xas long as short
Kraken Futures PF_TAOUSD+0.1156%1h319.35−0.057%$5.9M$21.8M50xas long as short
Injective TAO/USDC PERP+0.4723%1h323.44+1.224%$24K$2K12xas long as short