Spread before costs (cost unknown: a leg has no order-book sample)−0.018%
7d average+0.120%if it closes, per $10,000$2funding while held, a day+$2.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TAO-USDT | 287.33 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $118K | $314K | 20x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 287.28 | L +0.0467% / S −0.0189% | get 0.0024% / 1h | 47m 02s | $425K | — | 100x |
HTX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]Price 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
- −$1.84
- Funding while held
- $2.67
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$23.17
- Spread needed to break even
- 0.240%
Slippage unknown: HTX: live order book, 62 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.67
- 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 HTX live order book, 62 min ago | 9.27 bp | 103.6 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TAO price on every exchange
against the cheapest. Click to use as the short leg.Bitget287.03cheapestReya287.20+0.058%OKX287.20+0.059%Extended287.27+0.082%
Bitget
Reya
OKX
ExtendedGMX287.28+0.086%
Gate287.30+0.094%Binance287.32+0.101%KuCoin287.32+0.101%gTrade (Gains Network)287.32+0.101%
Gate
Binance
KuCoin
gTrade (Gains Network)HTX287.33+0.105%
BingX287.37+0.118%Aster287.41+0.132%Katana Perps287.41+0.132%MEXC287.41+0.132%Orderly287.42+0.136%Popdex287.43+0.139%SunX287.43+0.139%Backpack287.45+0.146%Bullet287.46+0.150%Deribit287.47+0.155%Bybit287.48+0.157%Polymarket Perps287.48+0.157%Phemex287.48+0.157%BloFin287.50+0.164%dYdX287.52+0.171%Kraken Futures287.54+0.179%01 Exchange287.57+0.188%Paradex287.57+0.189%RISEx287.61+0.203%Variational Omni287.65+0.216%Pacifica287.65+0.216%Aevo287.67+0.222%Lighter287.80+0.267%Hyperliquid287.80+0.268%edgeX287.82+0.276%ApeX Omni287.83+0.279%Nado287.94+0.316%Phoenix288.20+0.408%Arcus288.25+0.425%Bulk288.43+0.488%Coinbase International288.77+0.606%Injective291.94+1.711%
BingX
Aster
Katana Perps
MEXC
Orderly
Popdex
SunX
Backpack
Bullet
Deribit
Bybit
Polymarket Perps
Phemex
BloFin
dYdX
Kraken Futures
Paradex
RISEx
Variational Omni
Pacifica
Aevo
Lighter
Hyperliquid
ApeX Omni
Nado
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 | −0.104% | +0.0052% | 4h | $32.5M | $36.6M | 50x | as long as short |
| Reya TAORUSDPERP | −0.046% | +0.0692% | 1h | $330 | — | 20x | as long as short |
| OKX TAO-USDT-SWAP | −0.045% | +0.0100% | 8h | $23.2M | $67.3M | 50x | as long as short |
| Extended TAO-USD | −0.023% | +0.0104% | 1h | $775K | $1.3M | 25x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | −0.018% | L +0.0467% / S −0.0189% | 1h | $425K | — | 100x | |
| Gate TAO_USDT | −0.010% | +0.0058% | 4h | $11.4M | $43.4M | 50x | as long as short |
| Binance TAOUSDT | −0.003% | +0.0100% | 4h | $81.2M | $324.0M | 75x | as long as short |
| KuCoin TAOUSDTM | −0.003% | +0.0100% | 4h | $18.4M | $19.7M | 75x | as long as short |
| gTrade (Gains Network) TAO/USD | −0.003% | L +0.0004% / S −0.0008% | 1h | $14K | — | 150x | as long as short |
| HTX TAO-USDTlong | 0.000% | +0.0100% | 4h | $118K | $314K | 20x |