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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0668%/8h= −73.1% APRpaid last 24h −0.015%
Price spread now: Bitget against Extended−0.012%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.012%, 7d avg +0.027%
Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.039% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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-USD309.010.0768pay 0.0096% / 1h7m 21s$912K$2.0M25x
ShortBitget TAOUSDT308.970.0100get 0.0050% / 4h2h 07m$34.6M$44.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$140.28
Price spread: −0.012% → +0.027%
−$3.91
Slippage, 4 orders
−$21.71
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$182.89
Costs to cover
0.387%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Bitget: live order book, 2 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 ago0.49 bp6.4 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.45 bp12.6 bp −$1317.7 bp −$17735.4 bp −$3,537doesn'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−0.0601%1h309.73+0.234%$203K$57K10xas long as short
dYdX TAO-USD0.0000%1h309.62+0.198%$130K$84K5xas long as short
Deribit TAO_USDC-PERPETUAL0.0000%1h309.03+0.009%$11K$1.3M25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h309.36+0.114%$26K150xas long as short
Popdex TAOUSDT+0.0096%1h309.65+0.208%$43K$528K20xas long as short
Pacifica TAO+0.0100%1h309.85+0.273%$366K$368K10xas long as short
Binance TAOUSDT+0.0100%4h309.49+0.155%$86.8M$405.6M75xas long as short
Bybit TAOUSDT+0.0100%4h309.55+0.176%$60.1M$119.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h309.30+0.095%$25.5M$94.0M50xas long as short
Arcus TAO-USD+0.0100%1h309.93+0.299%$138K$604K5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h309.60+0.192%$12.3M$48.7M50xas long as short
MEXC TAO_USDT+0.0100%4h309.57+0.183%$119.7M$126.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h309.51+0.163%$18.8M$26.5M75xas long as short
Bitget TAOUSDTshort+0.0100%4h308.97−0.012%$34.6M$44.6M50x
BingX TAO-USDT+0.0100%4h309.58+0.186%$30.4Mas long as short
Variational Omni TAO+0.0100%4h307.99−0.330%$3.7M$6.6Mas long as short
edgeX TAOUSDC+0.0100%4h308.32−0.221%$40K$277K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h309.18+0.056%$550K$965K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h307.84−0.377%$46K$268K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h309.71+0.228%$78K$675K5xas long as short
Bullet TAO-USD+0.0100%1h309.59+0.190%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h309.22+0.069%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h309.38+0.121%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h309.54+0.173%$122K$353K20xas long as short
Phemex TAOUSDT+0.0100%4h309.01+0.001%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h309.34+0.109%$170K$9983xas long as short
Katana Perps TAO-USD+0.0111%8h309.82+0.263%$1K$451K5xas long as short
Paradex TAO-USD-PERP+0.0161%8h309.59+0.190%$14K$1K10xas long as short
Aster TAOUSDT+0.0171%4h309.51+0.163%$1.1M$7.6M50xas long as short
Phoenix TAO+0.0234%1h308.80−0.067%$327K$462K5xas long as short
Nado TAO-PERP+0.0294%1h309.65+0.209%$855K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h308.69−0.102%$4.3M$9.5M100xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0486% / S −0.0184%1h309.31+0.100%$454K100xas long as short
01 Exchange TAOUSD+0.0544%1h310.12+0.361%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h309.53+0.169%$35620xas long as short
Extended TAO-USDlong+0.0768%1h309.01long leg$912K$2.0M25x
Backpack TAO_USDC_PERP+0.0923%1h310.31+0.422%$386K$754K10xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h311.63+0.849%$1.5M$5.5M50xas long as short
Lighter TAO+0.0968%1h310.33+0.430%$1.7M$4.8M5xas long as short
Kraken Futures PF_TAOUSD+0.1019%1h309.25+0.079%$6.4M$19.0M50xas long as short
RISEx TAO/USDC+0.1053%1h309.81+0.261%$414K$542K5xas long as short
Hyperliquid TAO+0.1849%1h310.24+0.398%$97.2M$77.6M5xas long as short
Injective TAO/USDC PERP+0.4876%1h308.73−0.089%$22K$27112xas long as short