data as of
Settings8H · net · $10k
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Funding arb /

TAO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.0820%/8h
paid, last 24h−0.167%paid, last 7 days−0.996%to open and close $10k−$72
Long on Coinbase InternationalShort on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TAO-PERP-INTX290.400.0920pay 0.0115% / 1h38m 53s$1.5M$4.1M50x
ShortPhemex TAOUSDT289.600.0100get 0.0050% / 4h3h 38m$3.0M$7.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$172.2
Slippage, 4 orders
−$49.94
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$244.14
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Phemex: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.275%
Avg gap 7d
−0.156%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago11.37 bp16.4 bp −$1621.2 bp −$212doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago5.18 bp21.8 bp −$22doesn't fitdoesn't fitdoesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.1169%1h$150K$010xas long as short
dYdX TAO-USD0.0000%1h$73K$41K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0008%1h$14K—150xas long as short
Kraken Futures PF_TAOUSD+0.0047%1h$5.5M$14.0M50xas long as short
Bitget TAOUSDT+0.0056%4h$32.8M$36.5M50xas long as short
Popdex TAOUSDT+0.0096%1h$49K$458K20xas long as short
Katana Perps TAO-USD+0.0100%8h$1K$304K5xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$5.0M50xas long as short
Pacifica TAO+0.0100%1h$335K$370K10xas long as short
Binance TAOUSDT+0.0100%4h$81.1M$323.9M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit TAOUSDT+0.0100%4h$53.8M$84.3M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.3M$68.3M50xas long as short
Arcus TAO-USD+0.0100%1h$124K$568K5xas long as short
Gate TAO_USDT+0.0100%4h$11.4M$43.6M50xas long as short
MEXC TAO_USDT+0.0100%4h$102.4M$103.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$18.5M$19.7M75xas long as short
BingX TAO-USDT+0.0100%4h—$28.1M—as long as short
Variational Omni TAO+0.0100%4h$3.4M$4.6M—as long as short
edgeX TAOUSDC+0.0100%4h$32K$287K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$76K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$10K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$52K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$119K$314K20xas long as short
Phemex TAOUSDTshort+0.0100%4h$3.0M$7.4M50x
Extended TAO-USD+0.0104%1h$784K$1.4M25xas long as short
Aevo TAO-PERP+0.0104%1h$159K$9983xas long as short
Paradex TAO-USD-PERP+0.0117%8h$13K$37610xas long as short
Backpack TAO_USDC_PERP+0.0131%1h$274K$408K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0175% / S +0.0111%1h$456K—100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0232%1h$35K$893K25xas long as short
Phoenix TAO+0.0332%1h$307K$157K5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.1M100xas long as short
Nado TAO-PERP+0.0379%1h$1.1M$1.1M10xas long as short
01 Exchange TAOUSD+0.0496%1h$3K$6K5xas long as short
RISEx TAO/USDC+0.0553%1h$336K$423K5xas long as short
Reya TAORUSDPERP+0.0692%1h$333—20xas long as short
Lighter TAO+0.0760%1h$1.4M$1.9M5xas long as short
Coinbase International TAO-PERP-INTXlong+0.0920%1h$1.5M$4.1M50x
Hyperliquid TAO+0.1036%1h$79.8M$51.5M5xas long as short
Injective TAO/USDC PERP+0.3912%1h$21K$87K12xas long as short