Spread before costs (cost unknown: a leg has no order-book sample)−0.854%
7d average—if it closes, per $10,000$85funding while held, a day−$94.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TAO/USDC PERP | 285.73 | 0.3793 | pay 0.0474% / 1h | 19m 35s | $21K | $59K | 12x |
| Short | Bulk TAO-USD | 283.29 | 0.0652 | get 0.0081% / 1h | 19m 35s | $148K | $0 | 10x |
Injective TAO/USDC PERP
Bulk TAO-USDPrice 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
- −$85.4
- Funding while held
- −$94.22
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$186.64
- Spread needed to break even
- 0.070%
Slippage unknown: Injective: no order-book sample; Bulk: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.3141%
- Per $10,000 a day
- −$94.22
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 21 min ago | 0.18 bp | 6.1 bp −$6 | 11.1 bp −$111 | 24.3 bp −$2,427 | 49.6 bp −$24.8K |
Injective: 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.Bulk283.29cheapest
Bitget283.73+0.155%KuCoin283.85+0.198%OKX283.90+0.215%Gate283.90+0.215%MEXC283.90+0.215%HTX283.92+0.222%GMX283.95+0.233%Phemex283.96+0.237%Pacifica283.97+0.240%BingX283.98+0.244%gTrade (Gains Network)284.01+0.255%Extended284.02+0.256%dYdX284.02+0.259%Bullet284.03+0.261%Reya284.04+0.264%SunX284.05+0.268%Paradex284.07+0.274%Aster284.07+0.275%Orderly284.08+0.279%Binance284.09+0.283%Backpack284.10+0.286%Bybit284.12+0.293%Deribit284.12+0.293%Lighter284.13+0.295%Aevo284.16+0.305%Kraken Futures284.16+0.306%Katana Perps284.18+0.314%BloFin284.20+0.321%Polymarket Perps284.21+0.325%Nado284.22+0.327%Popdex284.24+0.335%Hyperliquid284.27+0.346%RISEx284.29+0.351%Arcus284.29+0.353%01 Exchange284.46+0.413%edgeX284.48+0.419%Variational Omni284.50+0.427%Phoenix284.80+0.533%ApeX Omni284.82+0.540%Coinbase International285.32+0.717%
Bitget
KuCoin
OKX
Gate
MEXC
HTX
GMX
Phemex
Pacifica
BingX
gTrade (Gains Network)
Extended
dYdX
Bullet
Reya
SunX
Paradex
Aster
Orderly
Binance
Backpack
Bybit
Deribit
Lighter
Aevo
Kraken Futures
Katana Perps
BloFin
Polymarket Perps
Nado
Popdex
Hyperliquid
RISEx
Arcus
Variational Omni
Phoenix
ApeX Omni
Coinbase InternationalInjective285.73+0.861%
TAO on 42 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk TAO-USDshort | −0.854% | +0.0652% | 1h | $148K | $0 | 10x | |
| Bitget TAOUSDT | −0.700% | +0.0100% | 4h | $32.1M | $35.8M | 50x | as long as short |
| KuCoin TAOUSDTM | −0.658% | +0.0100% | 4h | $16.8M | $20.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | −0.640% | +0.0100% | 8h | $22.8M | $65.4M | 50x | as long as short |
| Gate TAO_USDT | −0.640% | +0.0100% | 4h | $11.2M | $43.5M | 50x | as long as short |
| MEXC TAO_USDT | −0.640% | +0.0100% | 4h | $97.6M | $104.0M | 300x | as long as short |
| HTX TAO-USDT | −0.633% | +0.0100% | 4h | $117K | $318K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | −0.623% | L +0.0476% / S −0.0173% | 1h | $459K | — | 100x | as long as short |
| Phemex TAOUSDT | −0.619% | +0.0100% | 4h | $3.0M | $7.3M | 50x | as long as short |
| Pacifica TAO | −0.616% | +0.0100% | 1h | $328K | $372K | 10x | as long as short |