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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.086%
Price spread now: 01 Exchange against Bullet+0.013%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet TAO-USD315.050.0100pay 0.0013% / 1h12m 10s$12K$18K20x
Short01 Exchange TAOUSD315.090.0328get 0.0041% / 1h12m 10s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Bullet. 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
$47.88
Price spread: +0.013% → 0.000%
$1.29
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$34.17
Costs to cover
0.150%
Break-even
2.0 days
Slippage unknown: Bullet: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet no order-book sample
Sell 01 Exchange no order-book sample
Bullet and 01 Exchange: 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 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
dYdX TAO-USD0.0000%1h314.80−0.080%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h314.82−0.073%$20K150xas long as short
Kraken Futures PF_TAOUSD+0.0056%1h315.28+0.074%$5.5M$20.6M50xas long as short
Popdex TAOUSDT+0.0096%1h314.75−0.095%$43K$668K20xas long as short
Katana Perps TAO-USD+0.0098%8h314.76−0.092%$644$799K5xas long as short
Binance TAOUSDT+0.0100%4h315.34+0.092%$91.1M$495.0M75xas long as short
Bybit TAOUSDT+0.0100%4h315.47+0.134%$68.0M$149.0M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.30+0.080%$26.0M$120.7M50xas long as short
Gate TAO_USDT+0.0100%4h314.90−0.047%$12.9M$50.1M50xas long as short
MEXC TAO_USDT+0.0100%4h315.37+0.102%$111.0M$144.2M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h315.13+0.026%$17.7M$31.7M75xas long as short
Bitget TAOUSDT+0.0100%4h315.00−0.016%$35.2M$56.4M50xas long as short
BingX TAO-USDT+0.0100%4h315.15+0.032%$32.8Mas long as short
edgeX TAOUSDC+0.0100%4h315.09+0.012%$42K$313K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h314.71−0.109%$521K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h315.38+0.105%$46K$255K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h314.76−0.092%$77K$859K5xas long as short
Bullet TAO-USDlong+0.0100%1h315.05long leg$12K$18K20x
SunX TAO-USDT+0.0100%4h314.99−0.019%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h314.40−0.206%$109K$535K20xas long as short
Phemex TAOUSDT+0.0100%4h315.10+0.016%$3.2M$8.1M50xas long as short
Bulk TAO-USD+0.0100%1h314.68−0.117%$167K$2K10xas long as short
Aevo TAO-PERP+0.0104%1h315.04−0.002%$173K$9983xas long as short
Orderly PERP_TAO_USDC+0.0132%4h315.03−0.006%$52K$271K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0145% / S +0.0122%1h314.83−0.070%$428K100xas long as short
Paradex TAO-USD-PERP+0.0155%8h314.96−0.029%$14K$1K10xas long as short
Aster TAOUSDT+0.0172%4h314.87−0.058%$1.2M$10.4M50xas long as short
Extended TAO-USD+0.0200%1h315.05−0.001%$923K$2.4M25xas long as short
Nado TAO-PERP+0.0214%1h314.83−0.068%$800K$2.2M10xas long as short
Hyperliquid TAO+0.0271%1h315.13+0.026%$92.7M$106.6M5xas long as short
01 Exchange TAOUSDshort+0.0328%1h315.09+0.013%$3K$4K5x
BloFin TAO-USDT+0.0340%4h315.08+0.010%$4.6M$10.9M100xas long as short
Arcus TAO-USD+0.0345%1h315.20+0.048%$99K$438K5xas long as short
Backpack TAO_USDC_PERP+0.0348%1h315.32+0.086%$316K$913K10xas long as short
Lighter TAO+0.0352%1h315.66+0.195%$1.5M$6.5M5xas long as short
Pacifica TAO+0.0365%1h314.99−0.019%$359K$412K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0443%1h315.20+0.048%$23K$1.7M25xas long as short
Variational Omni TAO+0.0461%4h315.17+0.038%$5.7M$9.9Mas long as short
Phoenix TAO+0.0581%1h315.10+0.016%$314K$697K5xas long as short
Reya TAORUSDPERP+0.0697%1h314.97−0.026%$36220xas long as short
RISEx TAO/USDC+0.0991%1h314.97−0.025%$437K$653K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h316.12+0.340%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4222%1h318.19+0.997%$23K$2K12xas long as short