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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0352%/8h= +38.5% APRnext payment +$0.44 per $10,000 · paid last 24h +0.024%
Price spread now: 01 Exchange against Extended+0.170%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and 01 Exchange is 0.170% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD316.680.0320pay 0.0040% / 1h56m 06s$904K$2.4M25x
Short01 Exchange TAOUSD317.220.0672get 0.0084% / 1h56m 06s$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
$73.92
Price spread: +0.170% → 0.000%
$16.98
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
$78.9
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 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, 3 min ago2.05 bp4.5 bp −$56.3 bp −$63doesn'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%1h316.73+0.015%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h316.51−0.054%$22K150xas long as short
Popdex TAOUSDT+0.0096%1h316.97+0.091%$43K$707K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.60−0.026%$26.5M$129.3M50xas long as short
Bulk TAO-USD+0.0100%1h317.85+0.368%$169K$33310xas long as short
Gate TAO_USDT+0.0100%4h316.60−0.026%$14.3M$50.8M50xas long as short
KuCoin TAOUSDTM+0.0100%4h316.78+0.031%$17.7M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.64−0.013%$35.6M$58.0M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h317.02+0.107%$46K$260K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h316.77+0.028%$84K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h316.71+0.009%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h316.35−0.105%$115K$603K20xas long as short
Katana Perps TAO-USD+0.0107%8h316.91+0.072%$719$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0111% / S +0.0158%1h316.47−0.067%$418K100xas long as short
Aevo TAO-PERP+0.0120%1h317.00+0.100%$174K$9983xas long as short
Orderly PERP_TAO_USDC+0.0135%4h316.72+0.012%$53K$293K10xas long as short
Binance TAOUSDT+0.0165%4h316.91+0.072%$92.0M$528.9M75xas long as short
MEXC TAO_USDT+0.0168%4h316.94+0.081%$107.2M$150.4M300xas long as short
edgeX TAOUSDC+0.0169%4h317.60+0.290%$42K$317K10xas long as short
Paradex TAO-USD-PERP+0.0226%8h316.98+0.094%$14K$1K10xas long as short
BingX TAO-USDT+0.0242%4h316.86+0.056%$36.9Mas long as short
Bybit TAOUSDT+0.0244%4h317.00+0.100%$69.4M$156.2M50xas long as short
Bullet TAO-USD+0.0261%1h316.91+0.072%$12K$17K20xas long as short
Pacifica TAO+0.0313%1h317.00+0.099%$360K$427K10xas long as short
Extended TAO-USDlong+0.0320%1h316.68long leg$904K$2.4M25x
GRVT TAO_USDT_Perp+0.0328%4h317.36+0.213%$541K$926K10xas long as short
Aster TAOUSDT+0.0328%4h316.86+0.056%$1.3M$11.0M50xas long as short
BloFin TAO-USDT+0.0408%4h317.28+0.189%$4.7M$10.9M100xas long as short
Lighter TAO+0.0440%1h316.92+0.074%$1.6M$6.8M5xas long as short
Arcus TAO-USD+0.0473%1h317.23+0.173%$102K$389K5xas long as short
Nado TAO-PERP+0.0479%1h316.91+0.071%$785K$2.0M10xas long as short
Variational Omni TAO+0.0502%4h317.43+0.236%$5.6M$10.2Mas long as short
Deribit TAO_USDC-PERPETUAL+0.0516%1h316.77+0.026%$15K$2.0M25xas long as short
Phoenix TAO+0.0567%1h318.10+0.448%$317K$703K5xas long as short
Hyperliquid TAO+0.0569%1h317.02+0.107%$93.8M$110.1M5xas long as short
Backpack TAO_USDC_PERP+0.0574%1h316.88+0.062%$295K$905K10xas long as short
Phemex TAOUSDT+0.0607%4h316.65−0.010%$3.2M$8.2M50xas long as short
01 Exchange TAOUSDshort+0.0672%1h317.22+0.170%$3K$4K5x
Reya TAORUSDPERP+0.0698%1h316.74+0.019%$36420xas long as short
RISEx TAO/USDC+0.0831%1h316.89+0.065%$437K$677K5xas long as short
Kraken Futures PF_TAOUSD+0.0836%1h316.86+0.057%$5.9M$21.7M50xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h318.06+0.435%$1.5M$6.8M50xas long as short
Injective TAO/USDC PERP+0.4513%1h320.67+1.259%$23K$2K12xas long as short