After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.147%7d average−0.074%fees + slippage, in and out−$65spread needed0.651%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TAOUSD | 286.88 | 0.0287 | pay 0.0036% / 1h | 50m 23s | $5.6M | $13.2M | 50x |
| Short | Gate TAO_USDT | 287.30 | 0.0100 | get 0.0050% / 4h | 50m 23s | $11.4M | $44.7M | 50x |
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
- $14.67
- Funding while held
- −$5.6
- Slippage, 4 orders
- −$40.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.04
- Spread needed to break even
- 0.651%
Slippage from Kraken Futures: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0187%
- Per $10,000 a day
- −$5.60
- 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 Kraken Futures live order book, 5 min ago | 5.77 bp | 19.0 bp −$19 | 28.4 bp −$284 | 870.2 bp −$87.0K | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.75 bp | 17.1 bp −$17 | 39.2 bp −$392 | 59.3 bp −$5,926 | 90.6 bp −$45.3K |
TAO price on every exchange
against the cheapest. Click to use as the short leg.TAO on 42 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.669% | −0.0170% | 1h | $149K | $0 | 10x | as long as short |
| edgeX TAOUSDC | −0.487% | +0.0100% | 4h | $32K | $286K | 10x | as long as short |
| ApeX Omni TAOUSDT | −0.306% | +0.0100% | 1h | $44K | $266K | 50x | as long as short |
| HTX TAO-USDT | −0.293% | +0.0100% | 4h | $117K | $310K | 20x | as long as short |
| Variational Omni TAO | −0.261% | +0.0100% | 4h | $3.3M | $4.5M | — | as long as short |
| Phoenix TAO | −0.237% | +0.0364% | 1h | $304K | $149K | 5x | as long as short |
| Nado TAO-PERP | −0.114% | +0.0258% | 1h | $1.1M | $1.1M | 10x | as long as short |
| SunX TAO-USDT | −0.108% | +0.0100% | 4h | $1K | $1.6M | 20x | as long as short |
| Phemex TAOUSDT | −0.094% | +0.0100% | 4h | $3.0M | $7.6M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | −0.073% | L +0.0470% / S −0.0193% | 1h | $429K | — | 100x | as long as short |
Show all 42 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_TAO_USDC | −0.062% | +0.0100% | 4h | $52K | $146K | 10x | as long as short |
| BloFin TAO-USDT | −0.035% | +0.0340% | 4h | $3.3M | $7.0M | 100x | as long as short |
| Aster TAOUSDT | −0.032% | +0.0100% | 4h | $1.7M | $4.8M | 50x | as long as short |
| Aevo TAO-PERP | −0.023% | +0.0104% | 1h | $158K | $998 | 3x | as long as short |
| Deribit TAO_USDC-PERPETUAL | −0.007% | +0.0102% | 1h | $27K | $884K | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | −0.003% | +0.0920% | 1h | $1.5M | $4.1M | 50x | as long as short |
| Kraken Futures PF_TAOUSDlong | 0.000% | +0.0287% | 1h | $5.6M | $13.2M | 50x | |
| Pacifica TAO | +0.019% | +0.0100% | 1h | $334K | $368K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.022% | +0.0103% | 8h | $13K | $376 | 10x | as long as short |
| dYdX TAO-USD | +0.036% | 0.0000% | 1h | $73K | $55K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.042% | +0.0100% | 8h | $23.1M | $65.8M | 50x | as long as short |
| Lighter TAO | +0.047% | +0.0112% | 1h | $1.3M | $1.8M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.074% | +0.0100% | 1h | $403K | $339K | 10x | as long as short |
| Popdex TAOUSDT | +0.094% | +0.0096% | 1h | $43K | $448K | 20x | as long as short |
| Binance TAOUSDT | +0.130% | +0.0100% | 4h | $80.8M | $313.1M | 75x | as long as short |
| Gate TAO_USDTshort | +0.147% | +0.0100% | 4h | $11.4M | $44.7M | 50x | |
| 01 Exchange TAOUSD | +0.154% | +0.0304% | 1h | $5K | $4K | 5x | as long as short |
| Katana Perps TAO-USD | +0.157% | +0.0100% | 8h | $649 | $275K | 5x | as long as short |
| Bybit TAOUSDT | +0.164% | +0.0100% | 4h | $52.3M | $81.9M | 50x | as long as short |
| Extended TAO-USD | +0.171% | +0.0104% | 1h | $776K | $1.3M | 25x | as long as short |
| BingX TAO-USDT | +0.189% | +0.0100% | 4h | — | $28.4M | — | as long as short |
| RISEx TAO/USDC | +0.202% | +0.0517% | 1h | $324K | $399K | 5x | as long as short |
| Hyperliquid TAO | +0.209% | +0.0522% | 1h | $75.9M | $48.7M | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.209% | +0.0100% | 1h | $74K | $1.1M | 5x | as long as short |
| Arcus TAO-USD | +0.234% | +0.0100% | 1h | $123K | $571K | 5x | as long as short |
| Bitget TAOUSDT | +0.262% | +0.0100% | 4h | $32.4M | $35.4M | 50x | as long as short |
| Reya TAORUSDPERP | +0.275% | +0.0692% | 1h | $331 | — | 20x | as long as short |
| Bullet TAO-USD | +0.286% | +0.0100% | 1h | $10K | $17K | 20x | as long as short |
| KuCoin TAOUSDTM | +0.331% | +0.0100% | 4h | $17.6M | $18.0M | 75x | as long as short |
| MEXC TAO_USDT | +0.335% | +0.0100% | 4h | $109.6M | $96.8M | 300x | as long as short |
| gTrade (Gains Network) TAO/USD | +0.367% | L +0.0004% / S −0.0012% | 1h | $18K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.711% | +0.3146% | 1h | $21K | $125K | 12x | as long as short |
Kraken Futures PF_TAOUSD
Gate TAO_USDT
Bulk
ApeX Omni
HTX
Variational Omni
Phoenix
SunX
Phemex
GMX
BloFin
Aster
Deribit
Coinbase International
Pacifica
Paradex
OKX
Lighter
Backpack
Popdex
Binance
Katana Perps
Bybit
Extended
BingX
RISEx
Hyperliquid
Polymarket Perps
Bitget
Bullet
KuCoin
MEXC
gTrade (Gains Network)
Injective