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

TAO

all TAO markets
SwapFunding view
Alert
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.

After costs, if the gap returns to its 7d average, $10k−$100
spread now−0.169%7d average−0.008%fees + slippage, in and out−$84spread needed0.836%
Long on DeribitShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TAO_USDC-PERPETUAL282.300get 0.0000% / 1h30m 42s$34K$906K25x
ShortKuCoin TAOUSDTM281.820.0100get 0.0050% / 4h30m 42s$17.2M$18.0M75x

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
−$16.86
Funding while held
$3
Slippage, 4 orders
−$64.63
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$97.49
Spread needed to break even
0.836%
Slippage from Deribit: live order book, 20 min ago; KuCoin: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0100%
Per $10,000 a day
+$3.00
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 Deribit live order book, 20 min ago17.02 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.06 bp18.8 bp −$1945.1 bp −$451doesn't fitdoesn't fit

TAO price on every exchange

against the cheapest. Click to use as the short leg.
Bitget281.52cheapestGate281.60+0.028%HTX281.65+0.046%Backpack281.69+0.060%Aster281.74+0.078%Extended281.76+0.085%OKX281.80+0.099%MEXC281.82+0.107%
KuCoin281.82+0.107%
Binance281.85+0.118%BingX281.86+0.121%Bybit281.92+0.142%Hyperliquid282.00+0.171%Phemex282.00+0.171%Lighter282.15+0.224%Kraken Futures282.22+0.247%BloFin282.24+0.256%Bullet282.26+0.263%Reya282.27+0.267%Orderly282.28+0.270%
Deribit282.30+0.276%
SunX282.31+0.281%gTrade (Gains Network)282.32+0.285%Paradex282.33+0.289%GMX282.37+0.303%Aevo282.41+0.318%Katana Perps282.42+0.320%Popdex282.42+0.320%Nado282.42+0.321%Coinbase International282.47+0.337%Polymarket Perps282.50+0.348%RISEx282.55+0.366%01 Exchange282.58+0.377%Arcus282.59+0.380%Pacifica282.67+0.408%dYdX282.80+0.455%Variational Omni283.01+0.529%Bulk283.11+0.565%Phoenix283.40+0.668%edgeX284.03+0.891%ApeX Omni284.20+0.952%Injective287.53+2.135%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget TAOUSDT−0.275%+0.0070%4h$31.7M$35.6M50xas long as short
Gate TAO_USDT−0.247%+0.0098%4h$11.1M$45.4M50xas long as short
HTX TAO-USDT−0.229%+0.0100%4h$115K$310K20xas long as short
Backpack TAO_USDC_PERP−0.215%+0.0100%1h$303K$395K10xas long as short
Aster TAOUSDT−0.197%+0.0100%4h$1.6M$4.9M50xas long as short
Extended TAO-USD−0.190%+0.0104%1h$754K$1.3M25xas long as short
OKX TAO-USDT-SWAP−0.176%+0.0100%8h$22.8M$64.9M50xas long as short
MEXC TAO_USDT−0.169%+0.0100%4h$100.3M$99.1M300xas long as short
KuCoin TAOUSDTMshort−0.169%+0.0100%4h$17.2M$18.0M75x
Binance TAOUSDT−0.157%+0.0100%4h$79.5M$316.5M75xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX TAO-USDT−0.154%+0.0100%4h—$28.6M—as long as short
Bybit TAOUSDT−0.133%+0.0100%4h$50.8M$82.6M50xas long as short
Hyperliquid TAO−0.105%+0.0178%1h$73.5M$49.5M5xas long as short
Phemex TAOUSDT−0.105%+0.0100%4h$3.0M$7.5M50xas long as short
Lighter TAO−0.051%+0.0096%1h$1.3M$1.8M5xas long as short
Kraken Futures PF_TAOUSD−0.028%+0.0291%1h$5.4M$13.4M50xas long as short
BloFin TAO-USDT−0.020%+0.0340%4h$4.1M$6.9M100xas long as short
Bullet TAO-USD−0.013%+0.0100%1h$10K$17K20xas long as short
Reya TAORUSDPERP−0.008%+0.0692%1h$325—20xas long as short
Orderly PERP_TAO_USDC−0.006%+0.0100%4h$51K$146K10xas long as short
Deribit TAO_USDC-PERPETUALlong0.000%0.0000%1h$34K$906K25x
SunX TAO-USDT+0.005%+0.0100%4h$1K$1.6M20xas long as short
gTrade (Gains Network) TAO/USD+0.009%L +0.0004% / S −0.0012%1h$18K—150xas long as short
Paradex TAO-USD-PERP+0.013%+0.0102%8h$13K$37610xas long as short
GMX TAO/USD [WBTC.b-USDC]+0.028%L +0.0462% / S −0.0189%1h$419K—100xas long as short
Aevo TAO-PERP+0.042%+0.0104%1h$155K$9983xas long as short
Katana Perps TAO-USD+0.044%+0.0100%8h$637$280K5xas long as short
Popdex TAOUSDT+0.044%+0.0096%1h$43K$450K20xas long as short
Nado TAO-PERP+0.045%+0.0223%1h$1.0M$1.1M10xas long as short
Coinbase International TAO-PERP-INTX+0.062%+0.0920%1h$1.4M$4.0M50xas long as short
Polymarket Perps TAO-USD+0.072%+0.0100%1h$73K$1.1M5xas long as short
RISEx TAO/USDC+0.090%+0.0517%1h$299K$409K5xas long as short
01 Exchange TAOUSD+0.101%+0.0192%1h$5K$4K5xas long as short
Arcus TAO-USD+0.104%+0.0100%1h$120K$570K5xas long as short
Pacifica TAO+0.132%+0.0100%1h$329K$369K10xas long as short
dYdX TAO-USD+0.179%+0.0202%1h$72K$55K5xas long as short
Variational Omni TAO+0.252%+0.0100%4h$3.3M$4.5M—as long as short
Bulk TAO-USD+0.288%−0.0681%1h$148K$010xas long as short
Phoenix TAO+0.391%+0.0364%1h$301K$149K5xas long as short
edgeX TAOUSDC+0.614%+0.0100%4h$32K$287K10xas long as short
ApeX Omni TAOUSDT+0.675%+0.0100%1h$42K$267K50xas long as short
Injective TAO/USDC PERP+1.854%+0.3146%1h$21K$125K12xas long as short