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

TAO

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: OKX against Bybit−0.019%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Long on BybitShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 7 days−0.022%−$2 · spread now −0.019%, 7d avg −0.045%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.026% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TAOUSDT317.860.0100pay 0.0050% / 4h3h 17m$69.5M$154.5M50x
ShortOKX TAO-USDT-SWAP317.800.0100get 0.0100% / 8h7h 17m$26.4M$129.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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
$0
Price spread: −0.019% → −0.045%
$2.6
Slippage, 4 orders
−$17.03
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$35.43
Costs to cover
0.380%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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 Bybit live order book, 1 min ago0.16 bp10.8 bp −$1119.9 bp −$19946.0 bp −$4,598doesn't fit
Sell OKX live order book, 1 min ago1.57 bp8.5 bp −$814.1 bp −$14151.2 bp −$5,117doesn'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−0.0269%1h313.94−1.233%$167K$010xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h317.54−0.100%$20K—150xas long as short
Popdex TAOUSDT+0.0096%1h317.91+0.016%$49K$699K20xas long as short
Bybit TAOUSDTlong+0.0100%4h317.86long leg$69.5M$154.5M50x
OKX TAO-USDT-SWAPshort+0.0100%8h317.80−0.019%$26.4M$129.5M50x
Gate TAO_USDT+0.0100%4h318.00+0.044%$15.1M$50.2M50xas long as short
KuCoin TAOUSDTM+0.0100%4h318.20+0.107%$17.6M$32.3M75xas long as short
Bitget TAOUSDT+0.0100%4h318.03+0.053%$35.8M$56.9M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h317.90+0.013%$88K$1.1M5xas long as short
SunX TAO-USDT+0.0100%4h317.88+0.006%$1K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h318.33+0.148%$115K$573K20xas long as short
Phemex TAOUSDT+0.0100%4h317.69−0.053%$3.2M$8.1M50xas long as short
Aevo TAO-PERP+0.0120%1h318.10+0.074%$175K$9983xas long as short
Katana Perps TAO-USD+0.0124%8h318.02+0.050%$1K$1.2M5xas long as short
BingX TAO-USDT+0.0163%4h318.20+0.107%—$38.8M—as long as short
Binance TAOUSDT+0.0165%4h317.91+0.017%$92.6M$520.1M75xas long as short
edgeX TAOUSDC+0.0166%4h319.20+0.420%$42K$322K10xas long as short
MEXC TAO_USDT+0.0166%4h318.29+0.135%$111.1M$153.9M300xas long as short
Orderly PERP_TAO_USDC+0.0237%4h318.15+0.091%$54K$272K10xas long as short
Paradex TAO-USD-PERP+0.0242%8h318.27+0.129%$14K$87610xas long as short
ApeX Omni TAOUSDT+0.0293%1h319.06+0.378%$45K$254K50xas long as short
Bullet TAO-USD+0.0294%1h318.08+0.069%$12K$17K20xas long as short
dYdX TAO-USD+0.0304%1h317.62−0.076%$128K$87K5xas long as short
Aster TAOUSDT+0.0332%4h318.00+0.044%$1.3M$11.1M50xas long as short
GRVT TAO_USDT_Perp+0.0342%4h318.82+0.303%$540K$838K10xas long as short
Pacifica TAO+0.0349%1h318.25+0.124%$361K$437K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0366% / S −0.0109%1h317.61−0.079%$377K—100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0404%1h318.04+0.058%$9K$1.8M25xas long as short
Arcus TAO-USD+0.0404%1h318.56+0.220%$100K$340K5xas long as short
BloFin TAO-USDT+0.0406%4h318.98+0.352%$4.8M$10.9M100xas long as short
Extended TAO-USD+0.0416%1h318.22+0.114%$888K$2.2M25xas long as short
Nado TAO-PERP+0.0462%1h318.31+0.142%$772K$1.9M10xas long as short
Phoenix TAO+0.0578%1h319.20+0.422%$321K$714K5xas long as short
Hyperliquid TAO+0.0592%1h318.35+0.155%$94.5M$109.4M5xas long as short
Variational Omni TAO+0.0616%4h319.30+0.453%$5.6M$10.0M—as long as short
Lighter TAO+0.0656%1h318.36+0.158%$1.6M$6.7M5xas long as short
01 Exchange TAOUSD+0.0656%1h318.58+0.227%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0699%1h318.08+0.070%$366—20xas long as short
Backpack TAO_USDC_PERP+0.0741%1h318.15+0.091%$315K$1.0M10xas long as short
Kraken Futures PF_TAOUSD+0.0783%1h318.06+0.061%$6.1M$21.2M50xas long as short
RISEx TAO/USDC+0.0840%1h318.19+0.103%$452K$706K5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h319.66+0.566%$1.1M$7.5M50xas long as short
Injective TAO/USDC PERP+0.3512%1h317.77−0.028%$23K$2K12xas long as short