data as of
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Price 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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.371%
7d average−0.034%if it closes, per $10,000$37funding while held, a day−$0.00
Long on ApeX OmniShort on Katana Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TAOUSDT282.910.0100pay 0.0013% / 1h32m 46s$42K$267K50x
ShortKatana Perps TAO-USD283.960.0100get 0.0100% / 8h32m 46s$641$280K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
$37.11
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$23.31
Spread needed to break even
0.138%
Slippage unknown: ApeX Omni: live order book, 15 min ago; Katana Perps: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
−$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 15 min ago5.42 bp13.3 bp −$13120.9 bp −$1,209doesn't fitdoesn't fit
Sell Katana Perps no order-book sample—————
Katana Perps: 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 price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni282.91cheapest
edgeX283.01+0.036%Bulk283.11+0.071%Bitget283.30+0.138%Variational Omni283.31+0.141%OKX283.40+0.173%Gate283.40+0.173%Phoenix283.40+0.173%Extended283.47+0.199%BingX283.52+0.216%Binance283.57+0.233%MEXC283.59+0.240%Bybit283.65+0.262%KuCoin283.71+0.283%Hyperliquid283.77+0.304%HTX283.78+0.308%
Katana Perps283.96+0.371%
Bullet283.97+0.375%BloFin283.97+0.375%Backpack283.98+0.378%Reya284.00+0.385%Kraken Futures284.01+0.389%Aster284.03+0.397%Nado284.04+0.399%Orderly284.04+0.399%GMX284.06+0.406%SunX284.07+0.410%Polymarket Perps284.08+0.414%Aevo284.10+0.421%Deribit284.11+0.425%Phemex284.13+0.431%01 Exchange284.16+0.442%gTrade (Gains Network)284.16+0.442%Popdex284.18+0.449%dYdX284.19+0.451%Arcus284.20+0.456%RISEx284.22+0.463%Lighter284.22+0.464%Paradex284.22+0.464%Pacifica284.28+0.483%Coinbase International285.05+0.756%Injective287.53+1.633%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni TAOUSDTlong0.000%+0.0100%1h$42K$267K50x
edgeX TAOUSDC+0.036%+0.0100%4h$32K$287K10xas long as short
Bulk TAO-USD+0.071%−0.0681%1h$148K$010xas long as short
Bitget TAOUSDT+0.138%+0.0080%4h$31.9M$35.5M50xas long as short
Variational Omni TAO+0.141%+0.0100%4h$3.3M$4.5M—as long as short
OKX TAO-USDT-SWAP+0.173%+0.0100%8h$22.9M$65.1M50xas long as short
Gate TAO_USDT+0.173%+0.0100%4h$11.2M$45.3M50xas long as short
Phoenix TAO+0.173%+0.0364%1h$301K$149K5xas long as short
Extended TAO-USD+0.199%+0.0104%1h$758K$1.3M25xas long as short
BingX TAO-USDT+0.216%+0.0100%4h—$28.6M—as long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance TAOUSDT+0.233%+0.0100%4h$80.0M$315.8M75xas long as short
MEXC TAO_USDT+0.240%+0.0100%4h$111.2M$98.7M300xas long as short
Bybit TAOUSDT+0.262%+0.0100%4h$51.2M$82.5M50xas long as short
KuCoin TAOUSDTM+0.283%+0.0100%4h$17.3M$18.0M75xas long as short
Hyperliquid TAO+0.304%+0.0201%1h$74.7M$49.0M5xas long as short
HTX TAO-USDT+0.308%+0.0100%4h$116K$310K20xas long as short
Katana Perps TAO-USDshort+0.371%+0.0100%8h$641$280K5x
Bullet TAO-USD+0.375%+0.0100%1h$10K$17K20xas long as short
BloFin TAO-USDT+0.375%+0.0340%4h$4.1M$7.0M100xas long as short
Backpack TAO_USDC_PERP+0.378%+0.0100%1h$305K$395K10xas long as short
Reya TAORUSDPERP+0.385%+0.0692%1h$327—20xas long as short
Kraken Futures PF_TAOUSD+0.389%+0.0290%1h$5.4M$13.4M50xas long as short
Aster TAOUSDT+0.397%+0.0100%4h$1.6M$4.9M50xas long as short
Nado TAO-PERP+0.399%+0.0208%1h$1.0M$1.1M10xas long as short
Orderly PERP_TAO_USDC+0.399%+0.0100%4h$51K$146K10xas long as short
GMX TAO/USD [WBTC.b-USDC]+0.406%L +0.0463% / S −0.0189%1h$421K—100xas long as short
SunX TAO-USDT+0.410%+0.0100%4h$1K$1.6M20xas long as short
Polymarket Perps TAO-USD+0.414%+0.0100%1h$73K$1.1M5xas long as short
Aevo TAO-PERP+0.421%+0.0104%1h$156K$9983xas long as short
Deribit TAO_USDC-PERPETUAL+0.425%0.0000%1h$36K$905K25xas long as short
Phemex TAOUSDT+0.431%+0.0100%4h$3.0M$7.5M50xas long as short
01 Exchange TAOUSD+0.442%+0.0200%1h$5K$4K5xas long as short
gTrade (Gains Network) TAO/USD+0.442%L +0.0004% / S −0.0012%1h$18K—150xas long as short
Popdex TAOUSDT+0.449%+0.0096%1h$43K$450K20xas long as short
dYdX TAO-USD+0.451%+0.0217%1h$72K$55K5xas long as short
Arcus TAO-USD+0.456%+0.0100%1h$121K$570K5xas long as short
RISEx TAO/USDC+0.463%+0.0517%1h$300K$409K5xas long as short
Lighter TAO+0.464%+0.0096%1h$1.3M$1.8M5xas long as short
Paradex TAO-USD-PERP+0.464%+0.0102%8h$13K$37610xas long as short
Pacifica TAO+0.483%+0.0100%1h$331K$369K10xas long as short
Coinbase International TAO-PERP-INTX+0.756%+0.0920%1h$1.4M$4.1M50xas long as short
Injective TAO/USDC PERP+1.633%+0.3146%1h$21K$125K12xas long as short