After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.035%7d average−0.019%fees + slippage, in and out−$50spread needed0.505%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TAO_USDT | 287.20 | 0.0058 | pay 0.0029% / 4h | 3h 47m | $11.3M | $43.3M | 50x |
| Short | OKX TAO-USDT-SWAP | 287.30 | 0.0100 | get 0.0100% / 8h | 7h 47m | $23.2M | $67.3M | 50x |
Gate TAO_USDT
OKX TAO-USDT-SWAPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.48
- Funding while held
- $1.26
- Slippage, 4 orders
- −$25.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.73
- Spread needed to break even
- 0.505%
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.26
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 3.48 bp | 16.2 bp −$16 | 49.4 bp −$494 | 60.6 bp −$6,063 | 90.7 bp −$45.4K |
| Sell OKX live order book, 3 min ago | 1.74 bp | 9.7 bp −$10 | 18.4 bp −$184 | 47.5 bp −$4,753 | doesn't fit |
TAO price on every exchange
against the cheapest. Click to use as the short leg.Bitget286.91cheapestReya287.20+0.100%
Bitget
ReyaGate287.20+0.101%
KuCoin287.27+0.125%GMX287.28+0.128%
KuCoin
GMXOKX287.30+0.136%
gTrade (Gains Network)287.32+0.143%MEXC287.33+0.146%Binance287.36+0.157%BingX287.38+0.164%Extended287.41+0.174%Katana Perps287.41+0.174%Orderly287.42+0.178%HTX287.42+0.178%Popdex287.43+0.181%Bullet287.46+0.192%Polymarket Perps287.48+0.199%dYdX287.52+0.213%Aster287.52+0.213%01 Exchange287.57+0.230%BloFin287.57+0.230%Paradex287.57+0.231%Bybit287.59+0.237%RISEx287.61+0.245%Variational Omni287.65+0.258%Pacifica287.65+0.258%Aevo287.67+0.264%Hyperliquid287.68+0.268%edgeX287.82+0.318%ApeX Omni287.83+0.321%Deribit287.84+0.323%SunX287.90+0.345%Nado287.94+0.358%Lighter287.96+0.366%Phemex287.98+0.373%Backpack288.02+0.387%Kraken Futures288.06+0.401%Phoenix288.20+0.450%Arcus288.25+0.467%Bulk288.43+0.530%Coinbase International288.77+0.648%Injective291.94+1.753%
gTrade (Gains Network)
MEXC
Binance
BingX
Extended
Katana Perps
Orderly
HTX
Popdex
Bullet
Polymarket Perps
dYdX
Aster
BloFin
Paradex
Bybit
RISEx
Variational Omni
Pacifica
Aevo
Hyperliquid
ApeX Omni
Deribit
SunX
Nado
Lighter
Phemex
Backpack
Kraken Futures
Phoenix
Arcus
Bulk
Coinbase International
InjectiveTAO on 42 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | −0.101% | +0.0052% | 4h | $32.5M | $36.6M | 50x | as long as short |
| Reya TAORUSDPERP | −0.001% | +0.0692% | 1h | $330 | — | 20x | as long as short |
| Gate TAO_USDTlong | 0.000% | +0.0058% | 4h | $11.3M | $43.3M | 50x | |
| KuCoin TAOUSDTM | +0.024% | +0.0100% | 4h | $18.4M | $19.7M | 75x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | +0.027% | L +0.0467% / S −0.0189% | 1h | $425K | — | 100x | as long as short |
| OKX TAO-USDT-SWAPshort | +0.035% | +0.0100% | 8h | $23.2M | $67.3M | 50x | |
| gTrade (Gains Network) TAO/USD | +0.042% | L +0.0004% / S −0.0008% | 1h | $14K | — | 150x | as long as short |
| MEXC TAO_USDT | +0.045% | +0.0100% | 4h | $100.9M | $102.8M | 300x | as long as short |
| Binance TAOUSDT | +0.056% | +0.0100% | 4h | $81.2M | $323.9M | 75x | as long as short |
| BingX TAO-USDT | +0.063% | +0.0100% | 4h | — | $28.3M | — | as long as short |