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

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 22:00 UTC+0.0652%/8h= +71.4% APRpaid last 24h +0.015%
Price spread now: Extended against Bitget+0.043%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Long on BitgetShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.043%, 7d avg −0.027%
Together, before fees−0.025%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Extended is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.027%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% 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
LongBitget TAOUSDT310.410.0100pay 0.0050% / 4h2h 08m$34.7M$44.6M50x
ShortExtended TAO-USD310.540.0752get 0.0094% / 1h8m 18s$912K$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$136.92
Price spread: +0.043% → −0.027%
$7.02
Slippage, 4 orders
−$23.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$103.86
Costs to cover
0.401%
Break-even
1.7 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 5 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 Bitget live order book, 1 min ago1.45 bp13.8 bp −$1420.1 bp −$20145.3 bp −$4,531doesn't fit
Sell Extended live order book, 5 min ago0.16 bp7.2 bp −$79.3 bp −$93doesn't fitdoesn'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
Bulk TAO-USD−0.0601%1h309.73−0.219%$203K$57K10xas long as short
dYdX TAO-USD0.0000%1h310.21−0.064%$130K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h310.56+0.050%$27K—150xas long as short
Popdex TAOUSDT+0.0096%1h310.34−0.023%$43K$530K20xas long as short
Pacifica TAO+0.0100%1h310.40−0.003%$366K$368K10xas long as short
Binance TAOUSDT+0.0100%4h310.11−0.097%$86.9M$405.5M75xas long as short
Bybit TAOUSDT+0.0100%4h310.24−0.055%$60.3M$119.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h310.20−0.068%$25.6M$94.3M50xas long as short
Arcus TAO-USD+0.0100%1h310.45+0.013%$139K$604K5xas long as short
Gate TAO_USDT+0.0100%4h310.70+0.093%$12.4M$48.7M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h310.07−0.110%$119.7M$126.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h310.83+0.135%$18.9M$26.5M75xas long as short
Bitget TAOUSDTlong+0.0100%4h310.41long leg$34.7M$44.6M50x
BingX TAO-USDT+0.0100%4h310.77+0.116%—$30.4M—as long as short
Variational Omni TAO+0.0100%4h307.99−0.780%$3.7M$6.6M—as long as short
edgeX TAOUSDC+0.0100%4h308.08−0.751%$40K$276K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h308.51−0.612%$549K$965K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h307.80−0.841%$46K$268K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h310.62+0.068%$78K$675K5xas long as short
Bullet TAO-USD+0.0100%1h310.77+0.116%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h310.65+0.077%$60K$276K10xas long as short
SunX TAO-USDT+0.0100%4h310.48+0.023%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h310.36−0.016%$122K$353K20xas long as short
Phemex TAOUSDT+0.0100%4h310.10−0.100%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h310.74+0.106%$171K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h310.54+0.042%$1K$451K5xas long as short
Aster TAOUSDT+0.0152%4h310.49+0.027%$1.1M$7.6M50xas long as short
Paradex TAO-USD-PERP+0.0161%8h310.30−0.036%$14K$1K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h310.53+0.037%$443K—100xas long as short
Phoenix TAO+0.0234%1h308.80−0.519%$327K$462K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0287%1h310.53+0.037%$12K$1.3M25xas long as short
Nado TAO-PERP+0.0288%1h310.65+0.077%$858K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h308.69−0.554%$4.3M$9.5M100xas long as short
01 Exchange TAOUSD+0.0536%1h310.85+0.142%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h310.75+0.110%$357—20xas long as short
Extended TAO-USDshort+0.0752%1h310.54+0.043%$912K$2.0M25x
Backpack TAO_USDC_PERP+0.0925%1h309.32−0.351%$385K$754K10xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h311.63+0.393%$1.5M$5.5M50xas long as short
Lighter TAO+0.0968%1h310.95+0.175%$1.7M$4.8M5xas long as short
Kraken Futures PF_TAOUSD+0.1014%1h310.73+0.103%$6.4M$19.1M50xas long as short
RISEx TAO/USDC+0.1053%1h310.46+0.017%$415K$542K5xas long as short
Hyperliquid TAO+0.1844%1h311.26+0.274%$97.5M$77.6M5xas long as short
Injective TAO/USDC PERP+0.4876%1h308.73−0.541%$22K$27112xas long as short