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 08:00 UTC+0.0637%/8h= +69.7% APRpaid last 24h +0.091%
Price spread now: Kraken Futures against MEXC+0.050%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Long on MEXCShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.303%+$30 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.050%, 7d avg +0.052%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.303% in total (about 15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT318.900.0194pay 0.0097% / 4h6m 49s$104.3M$152.8M300x
ShortKraken Futures PF_TAOUSD319.060.0831get 0.0104% / 1h6m 49s$6.0M$21.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$133.7
Price spread: +0.050% → +0.052%
−$0.19
Slippage, 4 orders
−$36.53
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$86.98
Costs to cover
0.465%
Break-even
2.4 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 2 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 MEXC live order book, 2 min ago0.16 bp2.6 bp −$310.2 bp −$10228.4 bp −$2,835102.2 bp −$51.1K
Sell Kraken Futures live order book, 2 min ago12.35 bp22.5 bp −$2232.2 bp −$322105.0 bp −$10.5Kdoesn'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 −0.0005%1h318.64−0.083%$22K—150xas long as short
dYdX TAO-USD+0.0065%1h318.55−0.110%$128K$86K5xas long as short
Popdex TAOUSDT+0.0096%1h319.23+0.103%$49K$716K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.70−0.063%$26.5M$132.0M50xas long as short
Gate TAO_USDT+0.0100%4h318.40−0.157%$14.8M$52.4M50xas long as short
KuCoin TAOUSDTM+0.0100%4h318.74−0.050%$17.9M$32.5M75xas long as short
Bitget TAOUSDT+0.0100%4h318.45−0.141%$35.9M$58.1M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.02+0.038%$87K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h318.73−0.053%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h318.08−0.257%$116K$592K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TAO/USD [WBTC.b-USDC]L +0.0103% / S +0.0137%1h318.64−0.083%$411K—100xas long as short
Katana Perps TAO-USD+0.0106%8h318.98+0.025%$653$1.2M5xas long as short
ApeX Omni TAOUSDT+0.0121%1h319.65+0.235%$46K$259K50xas long as short
Aevo TAO-PERP+0.0128%1h319.08+0.058%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0180%4h318.97+0.022%$52K$295K10xas long as short
edgeX TAOUSDC+0.0189%4h319.75+0.265%$42K$319K10xas long as short
Binance TAOUSDT+0.0192%4h318.85−0.016%$93.3M$533.5M75xas long as short
MEXC TAO_USDTlong+0.0194%4h318.90long leg$104.3M$152.8M300x
Bulk TAO-USD+0.0217%1h317.92−0.306%$169K$010xas long as short
Paradex TAO-USD-PERP+0.0264%8h318.83−0.023%$14K$1K10xas long as short
BingX TAO-USDT+0.0278%4h318.67−0.072%—$37.4M—as long as short
Bybit TAOUSDT+0.0285%4h318.98+0.025%$70.2M$157.2M50xas long as short
Bullet TAO-USD+0.0306%1h319.06+0.050%$12K$17K20xas long as short
Pacifica TAO+0.0313%1h318.89−0.003%$374K$465K10xas long as short
GRVT TAO_USDT_Perp+0.0318%4h319.67+0.240%$544K$896K10xas long as short
Aster TAOUSDT+0.0353%4h318.78−0.038%$1.3M$11.0M50xas long as short
Extended TAO-USD+0.0392%1h318.61−0.092%$906K$2.4M25xas long as short
Phemex TAOUSDT+0.0434%4h318.88−0.006%$3.2M$8.1M50xas long as short
BloFin TAO-USDT+0.0435%4h319.14+0.075%$4.7M$11.0M100xas long as short
Nado TAO-PERP+0.0467%1h319.13+0.073%$782K$2.0M10xas long as short
Arcus TAO-USD+0.0473%1h319.46+0.176%$101K$384K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0562%1h318.93+0.010%$15K$1.9M25xas long as short
Variational Omni TAO+0.0568%4h319.84+0.295%$5.6M$10.1M—as long as short
Phoenix TAO+0.0629%1h319.90+0.314%$322K$703K5xas long as short
Lighter TAO+0.0648%1h319.13+0.073%$1.6M$6.9M5xas long as short
01 Exchange TAOUSD+0.0688%1h319.56+0.207%$3K$4K5xas long as short
Hyperliquid TAO+0.0698%1h318.900.000%$94.4M$110.1M5xas long as short
Reya TAORUSDPERP+0.0698%1h319.06+0.049%$367—20xas long as short
Backpack TAO_USDC_PERP+0.0706%1h319.11+0.066%$417K$969K10xas long as short
Kraken Futures PF_TAOUSDshort+0.0831%1h319.06+0.050%$6.0M$21.7M50x
RISEx TAO/USDC+0.0831%1h319.19+0.090%$452K$662K5xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h319.76+0.270%$1.3M$7.2M50xas long as short
Injective TAO/USDC PERP+0.4513%1h322.44+1.110%$23K$2K12xas long as short