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

TAO

all TAO markets
SwapBacktest
Alert: funding
Measured
My alerts

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.

Alert: spread
My alerts

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.

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BloFin−0.019%95s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
Long on BloFinShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.421%−$42 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.019%, 7d avg −0.017%
Together, before fees−0.415%−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAO-USDT318.410.0340pay 0.0170% / 4h3h 21m$4.5M$10.8M100x
ShortKuCoin TAOUSDTM318.350.0100get 0.0050% / 4h3h 21m$18.2M$29.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$50.4
Price spread: −0.019% → −0.017%
−$0.17
Slippage, 4 orders
−$32.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$107.16
Costs to cover
0.566%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; KuCoin: 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 BloFin live order book, 2 min ago0.31 bp10.0 bp −$1010.9 bp −$10926.3 bp −$2,626doesn't fit
Sell KuCoin live order book, 2 min ago1.41 bp21.8 bp −$2242.6 bp −$42686.3 bp −$8,631doesn'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−0.1321%1h318.22−0.060%$169K$44K10xas long as short
dYdX TAO-USD0.0000%1h318.25−0.050%$127K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h319.13+0.227%$21K—150xas long as short
Popdex TAOUSDT+0.0096%1h318.71+0.094%$43K$596K20xas long as short
Binance TAOUSDT+0.0100%4h318.43+0.006%$91.6M$448.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h318.30−0.035%$26.1M$108.8M50xas long as short
Gate TAO_USDT+0.0100%4h318.60+0.060%$12.9M$50.8M50xas long as short
MEXC TAO_USDT+0.0100%4h318.30−0.035%$109.4M$135.3M300xas long as short
KuCoin TAOUSDTMshort+0.0100%4h318.35−0.019%$18.2M$29.2M75x
Bitget TAOUSDT+0.0100%4h318.12−0.091%$35.4M$51.0M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h318.41+0.001%$40K$292K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h318.34−0.023%$526K$960K10xas long as short
Bullet TAO-USD+0.0100%1h318.97+0.176%$12K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h319.49+0.339%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h318.68+0.085%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h319.62+0.380%$128K$423K20xas long as short
Phemex TAOUSDT+0.0100%4h319.17+0.239%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h319.15+0.233%$175K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h318.85+0.138%$738$624K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0094%1h318.79+0.118%$458K—100xas long as short
Pacifica TAO+0.0185%1h318.40−0.003%$377K$376K10xas long as short
Arcus TAO-USD+0.0201%1h318.54+0.041%$84K$550K5xas long as short
Aster TAOUSDT+0.0229%4h318.79+0.119%$1.2M$8.6M50xas long as short
Paradex TAO-USD-PERP+0.0233%8h318.43+0.005%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0284%1h319.08+0.210%$93K$635K5xas long as short
ApeX Omni TAOUSDT+0.0316%1h317.14−0.399%$49K$267K50xas long as short
BloFin TAO-USDTlong+0.0340%4h318.41long leg$4.5M$10.8M100x
Deribit TAO_USDC-PERPETUAL+0.0396%1h319.55+0.360%$17K$1.5M25xas long as short
Variational Omni TAO+0.0460%4h318.45+0.013%$5.5M$8.7M—as long as short
Kraken Futures PF_TAOUSD+0.0480%1h319.48+0.335%$5.8M$20.3M50xas long as short
BingX TAO-USDT+0.0490%4h318.36−0.016%—$30.5M—as long as short
Phoenix TAO+0.0525%1h318.10−0.097%$333K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h322.97+1.432%$23K$67812xas long as short
01 Exchange TAOUSD+0.0584%1h318.78+0.116%$3K$4K5xas long as short
Bybit TAOUSDT+0.0613%4h318.57+0.050%$65.7M$133.2M50xas long as short
Reya TAORUSDPERP+0.0695%1h319.00+0.185%$367—20xas long as short
Nado TAO-PERP+0.0769%1h318.86+0.142%$892K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0833%1h319.42+0.317%$323K$818K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h320.29+0.590%$1.5M$6.4M50xas long as short
Extended TAO-USD+0.1120%1h318.84+0.135%$926K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h318.87+0.145%$423K$592K5xas long as short
Lighter TAO+0.1432%1h319.06+0.205%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.1986%1h318.93+0.163%$102.5M$91.4M5xas long as short