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

TAO

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against KuCoin−0.180%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Long on KuCoinShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days+0.172%+$17 · spread now −0.180%, 7d avg −0.023%
Together, before fees+0.191%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.157% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAOUSDTM322.650.0100pay 0.0050% / 4h1h 19m$18.1M$32.1M75x
ShortBitget TAOUSDT322.070.0100get 0.0050% / 4h1h 19m$36.2M$58.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.180% → −0.023%
−$15.71
Slippage, 4 orders
−$37.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$77.36
Costs to cover
0.616%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Bitget: live order book, 4 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 KuCoin live order book, 9 min ago2.19 bp20.9 bp −$2133.2 bp −$33286.0 bp −$8,596doesn't fit
Sell Bitget live order book, 4 min ago1.40 bp14.1 bp −$1430.8 bp −$30854.5 bp −$5,452doesn'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−0.2264%1h322.24−0.126%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h322.48−0.053%$129K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h322.52−0.039%$22K—150xas long as short
Popdex TAOUSDT+0.0096%1h322.80+0.046%$44K$706K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h322.00−0.201%$26.9M$130.7M50xas long as short
Gate TAO_USDT+0.0100%4h322.10−0.170%$14.5M$52.2M50xas long as short
KuCoin TAOUSDTMlong+0.0100%4h322.65long leg$18.1M$32.1M75x
Bitget TAOUSDTshort+0.0100%4h322.07−0.180%$36.2M$58.1M50x
ApeX Omni TAOUSDT+0.0100%1h322.85+0.062%$45K$259K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h322.64−0.003%$86K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h322.30−0.108%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h322.25−0.124%$117K$598K20xas long as short
Katana Perps TAO-USD+0.0108%8h322.66+0.003%$1K$1.0M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0116% / S +0.0151%1h322.29−0.112%$431K—100xas long as short
Orderly PERP_TAO_USDC+0.0127%4h322.58−0.022%$54K$293K10xas long as short
Aevo TAO-PERP+0.0136%1h322.67+0.006%$177K$9983xas long as short
edgeX TAOUSDC+0.0198%4h322.77+0.037%$43K$317K10xas long as short
MEXC TAO_USDT+0.0206%4h322.64−0.003%$107.9M$151.0M300xas long as short
Binance TAOUSDT+0.0208%4h322.11−0.167%$93.5M$528.0M75xas long as short
Paradex TAO-USD-PERP+0.0284%8h322.57−0.026%$15K$1K10xas long as short
Phemex TAOUSDT+0.0290%4h322.650.000%$3.3M$8.1M50xas long as short
Bybit TAOUSDT+0.0331%4h322.14−0.158%$70.8M$156.0M50xas long as short
BingX TAO-USDT+0.0346%4h322.27−0.118%—$34.6M—as long as short
Aster TAOUSDT+0.0373%4h322.37−0.087%$1.3M$10.9M50xas long as short
Bullet TAO-USD+0.0381%1h322.61−0.012%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0436%4h322.51−0.045%$547K$937K10xas long as short
BloFin TAO-USDT+0.0448%4h323.00+0.108%$4.7M$11.2M100xas long as short
Extended TAO-USD+0.0456%1h322.45−0.064%$918K$2.4M25xas long as short
Nado TAO-PERP+0.0513%1h322.53−0.038%$801K$2.0M10xas long as short
Pacifica TAO+0.0525%1h322.52−0.040%$367K$423K10xas long as short
Variational Omni TAO+0.0526%4h322.87+0.068%$5.7M$10.2M—as long as short
Phoenix TAO+0.0567%1h321.30−0.418%$320K$709K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0597%1h322.52−0.039%$26K$1.9M25xas long as short
Arcus TAO-USD+0.0641%1h323.02+0.115%$104K$389K5xas long as short
Hyperliquid TAO+0.0662%1h322.54−0.034%$95.4M$110.0M5xas long as short
01 Exchange TAOUSD+0.0672%1h322.98+0.102%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0698%1h322.56−0.029%$371—20xas long as short
Backpack TAO_USDC_PERP+0.0739%1h322.38−0.084%$300K$905K10xas long as short
Lighter TAO+0.0768%1h322.76+0.033%$1.6M$6.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h323.40+0.232%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h322.52−0.040%$461K$667K5xas long as short
Kraken Futures PF_TAOUSD+0.1144%1h322.73+0.024%$6.0M$21.7M50xas long as short
Injective TAO/USDC PERP+0.4723%1h323.44+0.245%$24K$2K12xas long as short