data as of
Settings8H · net · $10k
Price arb /

TAO

all TAO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.187%7d average−0.122%fees + slippage, in and out−$59spread needed0.588%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TAO-PERP-INTX284.270.0896pay 0.0112% / 1h49m 34s$1.4M$3.8M50x
ShortKraken Futures PF_TAOUSD283.74−0.0382pay 0.0048% / 1h49m 34s$5.1M$13.6M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$18.67
Funding while held
−$38.34
Slippage, 4 orders
−$38.82
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$115.84
Spread needed to break even
0.588%
Slippage from Coinbase International: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.1278%
Per $10,000 a day
$38.34
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago9.69 bp14.7 bp −$1521.0 bp −$210doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago4.41 bp18.7 bp −$1930.5 bp −$305215.1 bp −$21.5Kdoesn't fit

TAO price on every exchange

against the cheapest. Click to use as the short leg.

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−1.200%+0.0100%1h$149K$2K10xas long as short
ApeX Omni TAOUSDT−0.858%+0.0327%1h$42K$266K50xas long as short
Variational Omni TAO−0.559%+0.0100%4h$2.9M$5.1Mas long as short
BloFin TAO-USDT−0.535%+0.0340%4h$3.9M$7.0M100xas long as short
HTX TAO-USDT−0.500%+0.0100%4h$116K$323K20xas long as short
edgeX TAOUSDC−0.487%+0.0100%4h$37K$271K10xas long as short
dYdX TAO-USD−0.376%0.0000%1h$72K$35K5xas long as short
Bitget TAOUSDT−0.376%+0.0100%4h$32.0M$35.7M50xas long as short
KuCoin TAOUSDTM−0.369%+0.0100%4h$16.7M$19.6M75xas long as short
MEXC TAO_USDT−0.366%+0.0100%4h$100.5M$102.6M300xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance TAOUSDT−0.358%+0.0100%4h$76.3M$323.0M75xas long as short
OKX TAO-USDT-SWAP−0.341%+0.0100%8h$22.3M$67.2M50xas long as short
Gate TAO_USDT−0.341%+0.0100%4h$11.1M$43.4M50xas long as short
Phoenix TAO−0.341%+0.0456%1h$301K$160K5xas long as short
Nado TAO-PERP−0.339%+0.0100%1h$993K$1.2M10xas long as short
Pacifica TAO−0.336%+0.0100%1h$328K$373K10xas long as short
BingX TAO-USDT−0.334%+0.0100%4h$28.9Mas long as short
Extended TAO-USD−0.330%+0.0104%1h$757K$1.3M25xas long as short
Aster TAOUSDT−0.324%+0.0100%4h$1.6M$4.8M50xas long as short
Katana Perps TAO-USD−0.324%+0.0100%8h$1K$310K5xas long as short
Reya TAORUSDPERP−0.288%+0.0693%1h$32620xas long as short
Bybit TAOUSDT−0.285%+0.0100%4h$49.1M$84.5M50xas long as short
SunX TAO-USDT−0.285%+0.0100%4h$1K$1.6M20xas long as short
Lighter TAO−0.284%+0.0096%1h$1.3M$2.1M5xas long as short
Paradex TAO-USD-PERP−0.280%+0.0103%8h$13K$37610xas long as short
Polymarket Perps TAO-USD−0.271%+0.0100%1h$80K$611K5xas long as short
Popdex TAOUSDT−0.264%+0.0096%1h$40K$454K20xas long as short
Arcus TAO-USD−0.260%+0.0100%1h$118K$573K5xas long as short
GMX TAO/USD [WBTC.b-USDC]−0.253%L +0.0477% / S −0.0198%1h$431K100xas long as short
RISEx TAO/USDC−0.252%+0.0633%1h$315K$431K5xas long as short
Phemex TAOUSDT−0.243%+0.0100%4h$3.0M$7.4M50xas long as short
Bullet TAO-USD−0.237%+0.0100%1h$10K$17K20xas long as short
Hyperliquid TAO−0.229%+0.0426%1h$77.8M$53.6M5xas long as short
gTrade (Gains Network) TAO/USD−0.216%L +0.0004% / S −0.0014%1h$19K150xas long as short
01 Exchange TAOUSD−0.208%+0.0296%1h$3K$4K5xas long as short
Aevo TAO-PERP−0.201%+0.0104%1h$156K$9983xas long as short
Kraken Futures PF_TAOUSDshort−0.187%−0.0382%1h$5.1M$13.6M50x
Injective TAO/USDC PERP−0.183%+0.3836%1h$20K$59K12xas long as short
Backpack TAO_USDC_PERP−0.179%+0.0538%1h$396K$502K10xas long as short
Orderly PERP_TAO_USDC−0.179%+0.0100%4h$55K$197K10xas long as short
Deribit TAO_USDC-PERPETUAL−0.168%+0.0163%1h$33K$956K25xas long as short
Coinbase International TAO-PERP-INTXlong0.000%+0.0896%1h$1.4M$3.8M50x