data as of
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Price arb /

TAO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.113%7d average+0.031%fees + slippage, in and out−$43spread needed0.431%
Long on KuCoinShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAOUSDTM284.060.0100pay 0.0050% / 4h2h 27m$16.7M$17.1M75x
ShortLighter TAO283.740.0232get 0.0029% / 1h27m 55s$1.3M$1.6M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$11.27
Funding while held
$3.96
Slippage, 4 orders
−$31.11
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$50.41
Spread needed to break even
0.431%
Slippage from KuCoin: live order book, 7 min ago; Lighter: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0132%
Per $10,000 a day
+$3.96
Average in range /8h
—

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, 7 min ago0.35 bp15.0 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago2.33 bp5.7 bp −$614.9 bp −$149doesn't fitdoesn't fit

TAO price on every exchange

against the cheapest. Click to use as the short leg.
HTX283.18cheapestOrderly283.46+0.099%Deribit283.48+0.107%Phemex283.51+0.117%GMX283.52+0.120%SunX283.58+0.141%gTrade (Gains Network)283.62+0.155%Bullet283.63+0.157%MEXC283.64+0.162%Reya283.64+0.164%Backpack283.67+0.173%Kraken Futures283.68+0.176%Aster283.71+0.187%
Lighter283.74+0.198%
Popdex283.78+0.212%BingX283.80+0.219%Nado283.82+0.228%Gate283.90+0.254%Binance283.94+0.267%Bitget283.97+0.279%Extended284.03+0.301%Bybit284.04+0.304%Katana Perps284.04+0.304%
KuCoin284.06+0.311%
OKX284.10+0.325%Hyperliquid284.19+0.357%RISEx284.21+0.364%01 Exchange284.31+0.399%Paradex284.48+0.458%Polymarket Perps284.60+0.501%Arcus284.67+0.526%BloFin284.67+0.526%dYdX284.69+0.533%Pacifica284.71+0.540%Aevo285.03+0.653%edgeX285.27+0.736%Variational Omni285.38+0.777%ApeX Omni285.54+0.833%Phoenix285.60+0.855%Coinbase International285.89+0.957%Bulk286.52+1.179%Injective287.24+1.434%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX TAO-USDT−0.310%+0.0100%4h$118K$297K20xas long as short
Orderly PERP_TAO_USDC−0.211%+0.0100%4h$51K$145K10xas long as short
Deribit TAO_USDC-PERPETUAL−0.204%0.0000%1h$17K$863K25xas long as short
Phemex TAOUSDT−0.194%+0.0100%4h$3.0M$7.7M50xas long as short
GMX TAO/USD [WBTC.b-USDC]−0.190%L +0.0472% / S −0.0193%1h$423K—100xas long as short
SunX TAO-USDT−0.169%+0.0100%4h$1K$1.5M20xas long as short
gTrade (Gains Network) TAO/USD−0.155%L +0.0004% / S −0.0004%1h$8K—150xas long as short
Bullet TAO-USD−0.153%+0.0100%1h$11K$18K20xas long as short
MEXC TAO_USDT−0.148%+0.0100%4h$104.3M$89.8M300xas long as short
Reya TAORUSDPERP−0.146%+0.0691%1h$326—20xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack TAO_USDC_PERP−0.137%+0.0100%1h$289K$266K10xas long as short
Kraken Futures PF_TAOUSD−0.135%+0.0471%1h$5.4M$12.6M50xas long as short
Aster TAOUSDT−0.123%+0.0487%4h$2.1M$3.8M50xas long as short
Lighter TAOshort−0.113%+0.0232%1h$1.3M$1.6M5x
Popdex TAOUSDT−0.099%+0.0096%1h$36K$440K20xas long as short
BingX TAO-USDT−0.092%+0.0100%4h—$27.5M—as long as short
Nado TAO-PERP−0.083%+0.0346%1h$1.1M$1.1M10xas long as short
Gate TAO_USDT−0.056%+0.0074%4h$11.1M$43.4M50xas long as short
Binance TAOUSDT−0.044%+0.0100%4h$80.9M$298.3M75xas long as short
Bitget TAOUSDT−0.032%+0.0100%4h$32.0M$33.1M50xas long as short
Extended TAO-USD−0.010%+0.0104%1h$745K$1.0M25xas long as short
Bybit TAOUSDT−0.007%+0.0100%4h$51.3M$77.0M50xas long as short
Katana Perps TAO-USD−0.007%+0.0100%8h$2K$243K5xas long as short
KuCoin TAOUSDTMlong0.000%+0.0100%4h$16.7M$17.1M75x
OKX TAO-USDT-SWAP+0.014%+0.0100%8h$23.0M$63.1M50xas long as short
Hyperliquid TAO+0.046%+0.0745%1h$76.3M$45.0M5xas long as short
RISEx TAO/USDC+0.053%+0.0523%1h$314K$386K5xas long as short
01 Exchange TAOUSD+0.088%+0.0304%1h$5K$4K5xas long as short
Paradex TAO-USD-PERP+0.147%+0.0103%8h$13K$37610xas long as short
Polymarket Perps TAO-USD+0.190%+0.0100%1h$74K$1.2M5xas long as short
Arcus TAO-USD+0.215%+0.0100%1h$133K$538K5xas long as short
BloFin TAO-USDT+0.215%+0.0340%4h$4.1M$6.7M100xas long as short
dYdX TAO-USD+0.222%+0.0047%1h$73K$54K5xas long as short
Pacifica TAO+0.229%+0.0100%1h$343K$349K10xas long as short
Aevo TAO-PERP+0.341%+0.0104%1h$158K—3xas long as short
edgeX TAOUSDC+0.424%+0.0100%4h$32K$284K10xas long as short
Variational Omni TAO+0.464%+0.0100%4h$3.4M$4.2M—as long as short
ApeX Omni TAOUSDT+0.521%+0.0100%1h$45K$264K50xas long as short
Phoenix TAO+0.542%+0.0417%1h$317K$134K5xas long as short
Coinbase International TAO-PERP-INTX+0.644%+0.1008%1h$1.5M$4.2M50xas long as short
Bulk TAO-USD+0.866%−0.0079%1h$150K$3K10xas long as short
Injective TAO/USDC PERP+1.119%+0.1683%1h$21K$163K12xas long as short