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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0596%/8h= −65.3% APRpaid last 24h −0.020%
Price spread now: BingX against Extended+0.006%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.006%, 7d avg +0.029%
Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and BingX is 0.023% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD307.070.0696pay 0.0087% / 1h7m 22s$834K$2.0M25x
ShortBingX TAO-USDT307.090.0100get 0.0050% / 4h1h 07m$30.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$125.16
Price spread: +0.006% → +0.029%
−$2.3
Slippage, 4 orders
−$10.68
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$153.14
Costs to cover
0.257%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; BingX: live order book, 11 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 Extended live order book, 1 min ago2.12 bp7.1 bp −$79.6 bp −$96doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago1.14 bp6.5 bp −$610.2 bp −$10228.5 bp −$2,85252.7 bp −$26.4K

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−0.0396%1h305.88−0.390%$163K$52K10xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h306.84−0.076%$20K150xas long as short
dYdX TAO-USD+0.0012%1h306.74−0.108%$126K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h307.10+0.009%$45K$540K20xas long as short
Binance TAOUSDT+0.0100%4h307.08+0.003%$86.0M$414.6M75xas long as short
Bybit TAOUSDT+0.0100%4h307.09+0.006%$59.6M$121.5M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h307.00−0.023%$24.7M$95.9M50xas long as short
Arcus TAO-USD+0.0100%1h307.36+0.094%$80K$643K5xas long as short
Gate TAO_USDT+0.0100%4h307.00−0.023%$12.2M$49.2M50xas long as short
MEXC TAO_USDT+0.0100%4h307.03−0.014%$114.8M$126.1M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h307.13+0.019%$18.5M$27.2M75xas long as short
Bitget TAOUSDT+0.0100%4h306.93−0.046%$34.2M$45.7M50xas long as short
BingX TAO-USDTshort+0.0100%4h307.09+0.006%$30.2M
edgeX TAOUSDC+0.0100%4h306.62−0.148%$40K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h307.22+0.047%$508K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h306.60−0.154%$46K$269K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h307.20+0.042%$75K$550K5xas long as short
Bullet TAO-USD+0.0100%1h307.11+0.012%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h306.95−0.040%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h307.06−0.004%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h307.23+0.051%$123K$369K20xas long as short
Phemex TAOUSDT+0.0100%4h307.07−0.001%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h307.31+0.077%$169K$9983xas long as short
Katana Perps TAO-USD+0.0110%8h307.03−0.014%$2K$511K5xas long as short
Variational Omni TAO+0.0110%4h306.68−0.126%$3.7M$6.7Mas long as short
Aster TAOUSDT+0.0131%4h307.10+0.009%$1.1M$7.7M50xas long as short
Paradex TAO-USD-PERP+0.0155%8h307.04−0.010%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h307.16+0.029%$363K$369K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h306.96−0.035%$438K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0275%1h307.17+0.032%$19K$1.4M25xas long as short
Nado TAO-PERP+0.0315%1h306.98−0.029%$829K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h306.89−0.059%$4.2M$9.5M100xas long as short
Lighter TAO+0.0360%1h307.17+0.031%$1.6M$5.4M5xas long as short
01 Exchange TAOUSD+0.0416%1h307.33+0.084%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0458%1h307.41+0.110%$295K$800K10xas long as short
Phoenix TAO+0.0521%1h307.10+0.009%$321K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h307.06−0.006%$35320xas long as short
Extended TAO-USDlong+0.0696%1h307.07long leg$834K$2.0M25x
Coinbase International TAO-PERP-INTX+0.1008%1h307.79+0.234%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1028%1h307.16+0.029%$5.8M$19.6M50xas long as short
Hyperliquid TAO+0.1145%1h307.61+0.175%$93.8M$80.8M5xas long as short
RISEx TAO/USDC+0.1155%1h307.24+0.055%$418K$533K5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+0.540%$22K$26412xas long as short