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 BingX−0.078%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Long on BingXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.131%+$13 · spread now −0.078%, 7d avg −0.002%
Together, before fees+0.117%+$12 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 0.076% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TAO-USDT306.090.0100pay 0.0050% / 4h1h 17m—$30.3M—
ShortBitget TAOUSDT305.850.0100get 0.0050% / 4h1h 17m$34.1M$46.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: −0.078% → −0.002%
−$7.62
Slippage, 4 orders
−$13.86
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$43.48
Costs to cover
0.359%
Break-even
never at this rate
Slippage from BingX: 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 BingX live order book, 11 min ago0.82 bp6.3 bp −$69.4 bp −$9424.2 bp −$2,42253.3 bp −$26.7K
Sell Bitget live order book, 1 min ago0.82 bp9.7 bp −$1013.1 bp −$13120.8 bp −$2,085doesn'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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h306.26+0.055%$26K—150xas long as short
dYdX TAO-USD+0.0016%1h305.46−0.206%$125K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h306.090.000%$45K$538K20xas long as short
Binance TAOUSDT+0.0100%4h306.12+0.010%$85.6M$414.5M75xas long as short
Bybit TAOUSDT+0.0100%4h306.13+0.013%$59.2M$121.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h306.10+0.003%$24.6M$95.6M50xas long as short
Arcus TAO-USD+0.0100%1h306.06−0.010%$79K$643K5xas long as short
Bulk TAO-USD+0.0100%1h302.77−1.085%$162K$54K10xas long as short
Gate TAO_USDT+0.0100%4h306.00−0.029%$12.2M$49.1M50xas long as short
MEXC TAO_USDT+0.0100%4h305.90−0.062%$113.8M$125.8M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h306.16+0.023%$18.3M$27.3M75xas long as short
Bitget TAOUSDTshort+0.0100%4h305.85−0.078%$34.1M$46.0M50x
BingX TAO-USDTlong+0.0100%4h306.09long leg—$30.3M—
edgeX TAOUSDC+0.0100%4h306.18+0.029%$40K$279K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h306.70+0.200%$507K$967K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h306.18+0.029%$75K$564K5xas long as short
Bullet TAO-USD+0.0100%1h306.32+0.075%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h306.22+0.042%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h306.13+0.013%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h306.18+0.029%$122K$368K20xas long as short
Phemex TAOUSDT+0.0100%4h306.03−0.020%$3.3M$7.9M50xas long as short
ApeX Omni TAOUSDT+0.0102%1h306.21+0.039%$46K$270K50xas long as short
Aevo TAO-PERP+0.0104%1h306.51+0.137%$168K$9983xas long as short
Variational Omni TAO+0.0105%4h305.97−0.040%$3.7M$6.7M—as long as short
Katana Perps TAO-USD+0.0110%8h305.92−0.056%$1K$506K5xas long as short
Aster TAOUSDT+0.0123%4h306.08−0.002%$1.1M$7.7M50xas long as short
Paradex TAO-USD-PERP+0.0156%8h305.56−0.174%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h305.70−0.128%$361K$370K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h306.29+0.066%$437K—100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0256%1h306.36+0.087%$19K$1.4M25xas long as short
Nado TAO-PERP+0.0320%1h305.99−0.033%$826K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h305.92−0.056%$4.2M$9.5M100xas long as short
Lighter TAO+0.0392%1h306.35+0.086%$1.6M$5.3M5xas long as short
01 Exchange TAOUSD+0.0416%1h305.95−0.046%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0453%1h306.07−0.007%$294K$800K10xas long as short
Phoenix TAO+0.0521%1h306.60+0.167%$321K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h306.05−0.012%$352—20xas long as short
Extended TAO-USD+0.0768%1h305.92−0.055%$834K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h307.00+0.297%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1032%1h306.22+0.044%$5.8M$19.6M50xas long as short
Hyperliquid TAO+0.1078%1h306.37+0.091%$93.3M$80.7M5xas long as short
RISEx TAO/USDC+0.1155%1h306.19+0.034%$417K$544K5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+0.862%$22K$26412xas long as short