data as of
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Price arb /

TAO

all TAO markets
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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−$59
spread now−0.189%7d average+0.008%fees + slippage, in and out−$40spread needed0.396%
Long on edgeXShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC282.090.0100pay 0.0050% / 4h2h 07m$37K$270K10x
ShortDeribit TAO_USDC-PERPETUAL281.550.0025get 0.0003% / 1h7m 51s$38K$937K25x

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
−$18.93
Funding while held
−$2.25
Slippage, 4 orders
−$23.64
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$60.82
Spread needed to break even
0.396%
Slippage from edgeX: live order book, 32 min ago; Deribit: live order book, 33 min ago.

Cost of waiting

funding view
Funding /8h
−0.0075%
Per $10,000 a day
−$2.25
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 edgeX live order book, 32 min ago7.07 bp12.3 bp −$1227.2 bp −$272doesn't fitdoesn't fit
Sell Deribit live order book, 33 min ago4.25 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit

TAO price on every exchange

against the cheapest. Click to use as the short leg.
KuCoin279.14cheapestBackpack279.20+0.021%Extended279.44+0.108%Hyperliquid279.46+0.115%Aster279.47+0.119%MEXC279.58+0.158%Gate279.70+0.201%Bitget279.77+0.226%BingX279.84+0.251%OKX279.90+0.272%Phemex279.92+0.279%Binance279.94+0.287%Bybit279.99+0.305%HTX280.05+0.326%Lighter280.37+0.440%Kraken Futures281.01+0.671%gTrade (Gains Network)281.35+0.791%GMX281.35+0.793%Bullet281.39+0.806%SunX281.42+0.817%Orderly281.48+0.838%Reya281.49+0.843%
Deribit281.55+0.864%
Aevo281.58+0.875%Coinbase International281.61+0.885%Nado281.61+0.886%Arcus281.66+0.903%Polymarket Perps281.68+0.910%Popdex281.71+0.921%dYdX281.77+0.941%Paradex281.78+0.946%Katana Perps281.80+0.953%RISEx281.86+0.974%Pacifica281.92+0.996%01 Exchange282.00+1.025%BloFin282.08+1.053%
edgeX282.09+1.056%
Phoenix282.20+1.096%Variational Omni282.73+1.286%ApeX Omni282.98+1.376%Bulk283.86+1.691%Injective287.21+2.891%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin TAOUSDTM−1.045%+0.0100%4h$16.6M$19.7M75xas long as short
Backpack TAO_USDC_PERP−1.023%+0.0100%1h$317K$461K10xas long as short
Extended TAO-USD−0.938%+0.0104%1h$754K$1.3M25xas long as short
Hyperliquid TAO−0.931%+0.0731%1h$77.5M$52.8M5xas long as short
Aster TAOUSDT−0.926%+0.0100%4h$1.6M$4.8M50xas long as short
MEXC TAO_USDT−0.889%+0.0100%4h$96.4M$104.9M300xas long as short
Gate TAO_USDT−0.846%+0.0100%4h$11.0M$43.7M50xas long as short
Bitget TAOUSDT−0.821%+0.0100%4h$31.7M$35.9M50xas long as short
BingX TAO-USDT−0.796%+0.0100%4h—$28.3M—as long as short
OKX TAO-USDT-SWAP−0.775%+0.0100%8h$22.1M$65.9M50xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phemex TAOUSDT−0.768%+0.0100%4h$3.0M$7.3M50xas long as short
Binance TAOUSDT−0.761%+0.0100%4h$76.7M$320.1M75xas long as short
Bybit TAOUSDT−0.743%+0.0100%4h$49.4M$83.9M50xas long as short
HTX TAO-USDT−0.722%+0.0100%4h$116K$318K20xas long as short
Lighter TAO−0.610%+0.0224%1h$1.3M$2.1M5xas long as short
Kraken Futures PF_TAOUSD−0.380%+0.0013%1h$5.1M$13.8M50xas long as short
gTrade (Gains Network) TAO/USD−0.262%L +0.0004% / S −0.0004%1h$9K—150xas long as short
GMX TAO/USD [WBTC.b-USDC]−0.260%L +0.0474% / S −0.0173%1h$455K—100xas long as short
Bullet TAO-USD−0.247%+0.0100%1h$10K$17K20xas long as short
SunX TAO-USDT−0.236%+0.0100%4h$1K$1.6M20xas long as short
Orderly PERP_TAO_USDC−0.215%+0.0100%4h$51K$171K10xas long as short
Reya TAORUSDPERP−0.210%+0.0693%1h$324—20xas long as short
Deribit TAO_USDC-PERPETUALshort−0.189%+0.0025%1h$38K$937K25x
Aevo TAO-PERP−0.178%+0.0104%1h$155K$9983xas long as short
Coinbase International TAO-PERP-INTX−0.169%+0.0936%1h$1.4M$3.7M50xas long as short
Nado TAO-PERP−0.168%+0.0136%1h$1.0M$1.2M10xas long as short
Arcus TAO-USD−0.151%+0.0100%1h$118K$571K5xas long as short
Polymarket Perps TAO-USD−0.144%+0.0100%1h$75K$692K5xas long as short
Popdex TAOUSDT−0.133%+0.0096%1h$51K$440K20xas long as short
dYdX TAO-USD−0.114%+0.0003%1h$72K$35K5xas long as short
Paradex TAO-USD-PERP−0.108%+0.0105%8h$13K$37610xas long as short
Katana Perps TAO-USD−0.102%+0.0099%8h$618$310K5xas long as short
RISEx TAO/USDC−0.080%+0.0673%1h$313K$430K5xas long as short
Pacifica TAO−0.059%+0.0100%1h$326K$371K10xas long as short
01 Exchange TAOUSD−0.031%+0.0352%1h$3K$4K5xas long as short
BloFin TAO-USDT−0.002%+0.0340%4h$4.0M$6.4M100xas long as short
edgeX TAOUSDClong0.000%+0.0100%4h$37K$270K10x
Phoenix TAO+0.040%+0.0476%1h$300K$159K5xas long as short
Variational Omni TAO+0.228%+0.0100%4h$3.1M$4.8M—as long as short
ApeX Omni TAOUSDT+0.317%+0.0100%1h$42K$264K50xas long as short
Bulk TAO-USD+0.629%+0.0100%1h$148K$010xas long as short
Injective TAO/USDC PERP+1.816%+0.3793%1h$21K$59K12xas long as short