data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

TAO

all TAO markets
SwapFunding view
Alert
My alerts

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−$59
spread now−0.032%7d average−0.005%fees + slippage, in and out−$56spread needed0.561%
Long on PhemexShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex TAOUSDT284.210.0100pay 0.0050% / 4h33m 31s$3.0M$7.5M50x
ShortMEXC TAO_USDT284.120.0100get 0.0050% / 4h33m 31s$111.2M$98.7M300x

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
−$3.17
Funding while held
$0
Slippage, 4 orders
−$44.09
Fee Phemex: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$59.26
Spread needed to break even
0.561%
Slippage from Phemex: live order book, 2 min ago; MEXC: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Phemex live order book, 2 min ago11.30 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.53 bp1.4 bp −$16.9 bp −$6930.8 bp −$3,082129.8 bp −$64.9K

TAO price on every exchange

against the cheapest. Click to use as the short leg.
BloFin282.87cheapestApeX Omni282.91+0.014%HTX282.94+0.025%edgeX283.01+0.050%Bulk283.11+0.085%Variational Omni283.31+0.155%Phoenix283.40+0.187%Bitget283.77+0.318%Coinbase International283.87+0.354%OKX283.90+0.364%Bullet283.96+0.384%Katana Perps283.96+0.385%Reya284.00+0.399%Aevo284.00+0.401%Nado284.04+0.413%Extended284.04+0.415%GMX284.05+0.417%SunX284.05+0.417%Polymarket Perps284.08+0.428%Orderly284.08+0.428%gTrade (Gains Network)284.09+0.432%Gate284.10+0.435%Bybit284.11+0.438%
MEXC284.12+0.442%
Kraken Futures284.14+0.449%01 Exchange284.16+0.456%Deribit284.16+0.457%Popdex284.18+0.463%Binance284.18+0.463%dYdX284.19+0.465%Aster284.19+0.468%Arcus284.20+0.470%KuCoin284.21+0.474%BingX284.21+0.474%
Phemex284.21+0.474%
RISEx284.22+0.477%Paradex284.22+0.478%Pacifica284.28+0.498%Backpack284.31+0.509%Hyperliquid284.42+0.548%Lighter284.43+0.552%Injective287.53+1.647%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin TAO-USDT−0.471%+0.0340%4h$4.1M$7.0M100xas long as short
ApeX Omni TAOUSDT−0.457%+0.0100%1h$42K$267K50xas long as short
HTX TAO-USDT−0.447%+0.0100%4h$116K$310K20xas long as short
edgeX TAOUSDC−0.422%+0.0100%4h$32K$287K10xas long as short
Bulk TAO-USD−0.387%−0.0681%1h$148K$010xas long as short
Variational Omni TAO−0.317%+0.0100%4h$3.3M$4.5M—as long as short
Phoenix TAO−0.285%+0.0364%1h$301K$149K5xas long as short
Bitget TAOUSDT−0.155%+0.0080%4h$32.0M$35.5M50xas long as short
Coinbase International TAO-PERP-INTX−0.120%+0.0920%1h$1.4M$4.0M50xas long as short
OKX TAO-USDT-SWAP−0.109%+0.0100%8h$22.9M$65.2M50xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bullet TAO-USD−0.090%+0.0100%1h$10K$17K20xas long as short
Katana Perps TAO-USD−0.088%+0.0100%8h$641$280K5xas long as short
Reya TAORUSDPERP−0.074%+0.0692%1h$327—20xas long as short
Aevo TAO-PERP−0.073%+0.0104%1h$156K$9983xas long as short
Nado TAO-PERP−0.061%+0.0208%1h$1.0M$1.1M10xas long as short
Extended TAO-USD−0.058%+0.0104%1h$758K$1.3M25xas long as short
GMX TAO/USD [WBTC.b-USDC]−0.056%L +0.0463% / S −0.0189%1h$421K—100xas long as short
SunX TAO-USDT−0.056%+0.0100%4h$1K$1.6M20xas long as short
Polymarket Perps TAO-USD−0.046%+0.0100%1h$73K$1.1M5xas long as short
Orderly PERP_TAO_USDC−0.046%+0.0100%4h$51K$146K10xas long as short
gTrade (Gains Network) TAO/USD−0.042%L +0.0004% / S −0.0012%1h$18K—150xas long as short
Gate TAO_USDT−0.039%+0.0100%4h$11.2M$45.2M50xas long as short
Bybit TAOUSDT−0.035%+0.0100%4h$51.3M$82.4M50xas long as short
MEXC TAO_USDTshort−0.032%+0.0100%4h$111.2M$98.7M300x
Kraken Futures PF_TAOUSD−0.025%+0.0289%1h$5.4M$13.4M50xas long as short
01 Exchange TAOUSD−0.018%+0.0200%1h$5K$4K5xas long as short
Deribit TAO_USDC-PERPETUAL−0.016%0.0000%1h$36K$905K25xas long as short
Popdex TAOUSDT−0.011%+0.0096%1h$43K$450K20xas long as short
Binance TAOUSDT−0.010%+0.0100%4h$80.2M$315.7M75xas long as short
dYdX TAO-USD−0.009%+0.0217%1h$72K$55K5xas long as short
Aster TAOUSDT−0.006%+0.0100%4h$1.6M$4.9M50xas long as short
Arcus TAO-USD−0.004%+0.0100%1h$121K$570K5xas long as short
KuCoin TAOUSDTM0.000%+0.0100%4h$17.3M$18.0M75xas long as short
BingX TAO-USDT0.000%+0.0100%4h—$28.5M—as long as short
Phemex TAOUSDTlong0.000%+0.0100%4h$3.0M$7.5M50x
RISEx TAO/USDC+0.004%+0.0517%1h$300K$409K5xas long as short
Paradex TAO-USD-PERP+0.004%+0.0102%8h$13K$37610xas long as short
Pacifica TAO+0.024%+0.0100%1h$331K$369K10xas long as short
Backpack TAO_USDC_PERP+0.035%+0.0100%1h$305K$395K10xas long as short
Hyperliquid TAO+0.074%+0.0212%1h$74.8M$49.0M5xas long as short
Lighter TAO+0.078%+0.0096%1h$1.3M$1.8M5xas long as short
Injective TAO/USDC PERP+1.168%+0.3146%1h$21K$125K12xas long as short