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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment $1.72 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Paradex−0.052%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.052% cheaper against Paradex than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex TAO-USD-PERP315.060.0272pay 0.0272% / 8h2h 24m$14K$1K10x
ShortOKX TAO-USDT-SWAP314.900.0100get 0.0100% / 8h2h 24m$26.3M$122.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$36.15
Price spread: −0.052% → 0.000%
−$5.19
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.34
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell OKX live order book, 4 min ago1.59 bp10.0 bp −$1018.4 bp −$18466.8 bp −$6,682doesn't fit
Paradex: 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 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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h313.81−0.398%$20K150xas long as short
dYdX TAO-USD+0.0044%1h314.36−0.223%$125K$85K5xas long as short
Binance TAOUSDT+0.0100%4h314.76−0.098%$90.4M$508.0M75xas long as short
OKX TAO-USDT-SWAPshort+0.0100%8h314.90−0.052%$26.3M$122.7M50x
Bulk TAO-USD+0.0100%1h313.47−0.505%$167K$33310xas long as short
Gate TAO_USDT+0.0100%4h313.70−0.433%$14.0M$51.1M50xas long as short
MEXC TAO_USDT+0.0100%4h314.81−0.080%$108.7M$146.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h314.64−0.134%$17.4M$31.4M75xas long as short
Bitget TAOUSDT+0.0100%4h314.69−0.119%$35.5M$57.0M50xas long as short
edgeX TAOUSDC+0.0100%4h313.26−0.573%$41K$314K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps TAO-USD+0.0100%1h313.92−0.363%$90K$920K5xas long as short
SunX TAO-USDT+0.0100%4h313.96−0.350%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h313.54−0.484%$113K$554K20xas long as short
Katana Perps TAO-USD+0.0103%8h314.07−0.315%$643$928K5xas long as short
Aevo TAO-PERP+0.0104%1h314.08−0.314%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0122%4h314.15−0.290%$52K$290K10xas long as short
Popdex TAOUSDT+0.0128%1h314.15−0.290%$51K$668K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0128% / S +0.0140%1h313.81−0.397%$420K100xas long as short
Phemex TAOUSDT+0.0192%4h313.96−0.350%$3.2M$8.0M50xas long as short
Aster TAOUSDT+0.0211%4h314.27−0.250%$1.3M$10.6M50xas long as short
Pacifica TAO+0.0233%1h314.76−0.097%$358K$419K10xas long as short
Nado TAO-PERP+0.0268%1h314.20−0.273%$775K$2.2M10xas long as short
Paradex TAO-USD-PERPlong+0.0272%8h315.06long leg$14K$1K10x
Kraken Futures PF_TAOUSD+0.0303%1h314.19−0.276%$5.9M$21.4M50xas long as short
Bullet TAO-USD+0.0325%1h314.15−0.289%$12K$17K20xas long as short
BloFin TAO-USDT+0.0340%4h313.97−0.347%$4.6M$10.9M100xas long as short
GRVT TAO_USDT_Perp+0.0348%4h314.02−0.332%$533K$923K10xas long as short
ApeX Omni TAOUSDT+0.0359%1h313.36−0.541%$44K$256K50xas long as short
Bybit TAOUSDT+0.0423%4h314.88−0.058%$68.5M$152.5M50xas long as short
BingX TAO-USDT+0.0430%4h314.82−0.077%$33.7Mas long as short
Variational Omni TAO+0.0439%4h313.02−0.649%$5.5M$10.1Mas long as short
Extended TAO-USD+0.0480%1h313.75−0.418%$896K$2.4M25xas long as short
Arcus TAO-USD+0.0483%1h315.13+0.021%$101K$345K5xas long as short
Phoenix TAO+0.0513%1h313.30−0.560%$312K$713K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0644%1h314.10−0.307%$15K$1.8M25xas long as short
Reya TAORUSDPERP+0.0697%1h314.07−0.316%$36120xas long as short
01 Exchange TAOUSD+0.0760%1h314.46−0.192%$3K$4K5xas long as short
Lighter TAO+0.0776%1h314.93−0.041%$1.5M$6.6M5xas long as short
Hyperliquid TAO+0.0803%1h314.72−0.109%$92.0M$108.5M5xas long as short
Backpack TAO_USDC_PERP+0.0812%1h314.16−0.287%$312K$890K10xas long as short
Coinbase International TAO-PERP-INTX+0.0928%1h315.03−0.011%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.0948%1h314.18−0.280%$455K$649K5xas long as short
Injective TAO/USDC PERP+0.3711%1h319.48+1.402%$23K$2K12xas long as short