After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.051%7d average+0.061%fees + slippage, in and out−$46spread needed0.458%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TAOUSDT | 287.05 | 0.0074 | pay 0.0037% / 4h | 3h 13m | $32.4M | $36.7M | 50x |
| Short | edgeX TAOUSDC | 287.20 | 0.0100 | get 0.0050% / 4h | 3h 13m | $37K | $295K | 10x |
Bitget TAOUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.1
- Funding while held
- $0.78
- Slippage, 4 orders
- −$24.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$39.9
- Spread needed to break even
- 0.458%
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.78
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 1.39 bp | 10.2 bp −$10 | 17.3 bp −$173 | 40.9 bp −$4,091 | doesn't fit |
| Sell edgeX live order book, 31 min ago | 6.93 bp | 12.0 bp −$12 | 24.9 bp −$249 | doesn't fit | doesn't fit |
TAO price on every exchange
against the cheapest. Click to use as the short leg.Bulk286.85cheapestVariational Omni286.96+0.038%
Bulk
Variational OmniBitget287.05+0.070%
OKX287.10+0.087%BingX287.12+0.094%MEXC287.13+0.097%Nado287.16+0.107%Binance287.16+0.109%KuCoin287.18+0.115%SunX287.23+0.132%Bullet287.26+0.141%ApeX Omni287.26+0.143%BloFin287.26+0.143%Extended287.27+0.145%GMX287.28+0.149%Backpack287.28+0.150%Orderly287.28+0.150%Kraken Futures287.29+0.153%Bybit287.30+0.157%Gate287.30+0.157%Reya287.30+0.158%Phemex287.31+0.160%gTrade (Gains Network)287.31+0.161%Deribit287.35+0.175%Paradex287.38+0.183%Aevo287.39+0.190%RISEx287.42+0.198%Polymarket Perps287.44+0.205%HTX287.46+0.212%Pacifica287.48+0.219%Popdex287.48+0.219%Lighter287.48+0.220%Aster287.50+0.227%Arcus287.51+0.230%dYdX287.53+0.237%Katana Perps287.58+0.254%01 Exchange287.59+0.258%Hyperliquid287.72+0.303%Phoenix287.80+0.331%Coinbase International288.30+0.505%Injective290.49+1.269%
OKX
BingX
MEXC
Nado
Binance
KuCoin
SunX
Bullet
ApeX Omni
BloFin
Extended
GMX
Backpack
Orderly
Kraken Futures
Bybit
Gate
Reya
Phemex
gTrade (Gains Network)
Deribit
Paradex
Aevo
RISEx
Polymarket Perps
HTX
Pacifica
Popdex
Lighter
Aster
Arcus
dYdX
Katana Perps
Hyperliquid
Phoenix
Coinbase International
InjectiveTAO on 42 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.069% | +0.0100% | 1h | $150K | $0 | 10x | as long as short |
| Variational Omni TAO | −0.031% | +0.0100% | 4h | $3.4M | $4.7M | — | as long as short |
| Bitget TAOUSDTlong | 0.000% | +0.0074% | 4h | $32.4M | $36.7M | 50x | |
| OKX TAO-USDT-SWAP | +0.017% | +0.0100% | 8h | $23.1M | $67.5M | 50x | as long as short |
| BingX TAO-USDT | +0.024% | +0.0100% | 4h | — | $27.9M | — | as long as short |
| MEXC TAO_USDT | +0.028% | +0.0100% | 4h | $104.9M | $106.3M | 300x | as long as short |
| Nado TAO-PERP | +0.037% | +0.0282% | 1h | $1.1M | $1.2M | 10x | as long as short |
| Binance TAOUSDT | +0.039% | +0.0100% | 4h | $79.1M | $324.8M | 75x | as long as short |
| KuCoin TAOUSDTM | +0.045% | +0.0100% | 4h | $18.1M | $19.8M | 75x | as long as short |
| edgeX TAOUSDCshort | +0.051% | +0.0100% | 4h | $37K | $295K | 10x |