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

TAO

all TAO markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.076%
7d average+0.070%if it closes, per $10,000$8funding while held, a day+$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex TAOUSDT287.430.0096pay 0.0012% / 1h47m 37s$49K$459K20x
ShortVariational Omni TAO287.650.0100get 0.0050% / 4h3h 47m$3.4M$4.6M

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
$7.63
Funding while held
$0.12
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.35
Spread needed to break even
0.064%
Slippage unknown: Popdex: live order book, 63 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 Popdex live order book, 63 min ago2.43 bp12.0 bp −$1290.5 bp −$905doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.90 bpdoesn't fit18.8 bp −$188doesn't fitdoesn't fit

TAO price on every exchange

against the cheapest. Click to use as the short leg.

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX TAO-USDT-SWAP−0.080%+0.0100%8h$23.2M$67.3M50xas long as short
Bitget TAOUSDT−0.038%+0.0052%4h$32.6M$36.6M50xas long as short
Extended TAO-USD−0.008%+0.0104%1h$775K$1.3M25xas long as short
Katana Perps TAO-USD−0.007%+0.0100%8h$630$301K5xas long as short
HTX TAO-USDT−0.003%+0.0100%4h$118K$314K20xas long as short
Popdex TAOUSDTlong0.000%+0.0096%1h$49K$459K20x
Binance TAOUSDT+0.014%+0.0100%4h$81.2M$323.8M75xas long as short
Gate TAO_USDT+0.024%+0.0058%4h$11.4M$43.3M50xas long as short
dYdX TAO-USD+0.031%0.0000%1h$73K$43K5xas long as short
Bybit TAOUSDT+0.042%+0.0100%4h$53.4M$84.5M50xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC TAO_USDT+0.045%+0.0100%4h$101.0M$102.8M300xas long as short
KuCoin TAOUSDTM+0.045%+0.0100%4h$18.4M$19.7M75xas long as short
01 Exchange TAOUSD+0.049%+0.0512%1h$3K$6K5xas long as short
BloFin TAO-USDT+0.049%+0.0340%4h$4.1M$7.0M100xas long as short
Paradex TAO-USD-PERP+0.050%+0.0114%8h$13K$37610xas long as short
BingX TAO-USDT+0.059%+0.0100%4h$28.3Mas long as short
Phoenix TAO+0.059%+0.0332%1h$305K$157K5xas long as short
RISEx TAO/USDC+0.063%+0.0553%1h$333K$423K5xas long as short
Variational Omni TAOshort+0.076%+0.0100%4h$3.4M$4.6M
Pacifica TAO+0.077%+0.0100%1h$333K$371K10xas long as short
gTrade (Gains Network) TAO/USD+0.094%L +0.0004% / S −0.0008%1h$14K150xas long as short
GMX TAO/USD [WBTC.b-USDC]+0.095%L +0.0467% / S −0.0189%1h$426K100xas long as short
Reya TAORUSDPERP+0.115%+0.0692%1h$33120xas long as short
Orderly PERP_TAO_USDC+0.129%+0.0100%4h$52K$146K10xas long as short
edgeX TAOUSDC+0.136%+0.0100%4h$32K$288K10xas long as short
ApeX Omni TAOUSDT+0.139%+0.0100%1h$43K$266K50xas long as short
Deribit TAO_USDC-PERPETUAL+0.142%+0.0232%1h$33K$892K25xas long as short
Aster TAOUSDT+0.160%+0.0100%4h$1.6M$5.0M50xas long as short
SunX TAO-USDT+0.164%+0.0100%4h$1K$1.6M20xas long as short
Bullet TAO-USD+0.167%+0.0100%1h$9K$17K20xas long as short
Nado TAO-PERP+0.177%+0.0492%1h$1.1M$1.1M10xas long as short
Lighter TAO+0.185%+0.0880%1h$1.4M$1.9M5xas long as short
Phemex TAOUSDT+0.191%+0.0100%4h$3.0M$7.4M50xas long as short
Aevo TAO-PERP+0.196%+0.0104%1h$158K$9983xas long as short
Polymarket Perps TAO-USD+0.198%+0.0100%1h$75K$1.1M5xas long as short
Hyperliquid TAO+0.205%+0.1062%1h$79.0M$52.0M5xas long as short
Backpack TAO_USDC_PERP+0.205%+0.0154%1h$272K$413K10xas long as short
Kraken Futures PF_TAOUSD+0.219%+0.0047%1h$5.5M$13.5M50xas long as short
Arcus TAO-USD+0.285%+0.0100%1h$123K$571K5xas long as short
Bulk TAO-USD+0.348%−0.1463%1h$151K$010xas long as short
Coinbase International TAO-PERP-INTX+0.466%+0.0920%1h$1.4M$4.2M50xas long as short
Injective TAO/USDC PERP+1.569%+0.3912%1h$21K$87K12xas long as short