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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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.107%
7d average—if it closes, per $10,000$11funding while held, a day−$17.78
Long on ReyaShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TAORUSDPERP284.510.0693pay 0.0087% / 1h53m 48s$327—20x
ShortVariational Omni TAO284.820.0100get 0.0050% / 4h2h 53m$3.2M$4.7M—

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
$10.68
Funding while held
−$17.78
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$13.1
Spread needed to break even
0.060%
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0593%
Per $10,000 a day
−$17.78
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 Reya no order-book sample—————
Sell Variational Omni RFQ quote, 2 min ago2.89 bpdoesn't fit14.4 bp −$144doesn't fitdoesn't fit
Reya: 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 price on every exchange

against the cheapest. Click to use as the short leg.
HTX284.40cheapest
Reya284.51+0.040%
Katana Perps284.57+0.060%SunX284.58+0.063%Popdex284.59+0.067%Paradex284.61+0.075%Polymarket Perps284.64+0.084%dYdX284.65+0.087%Bulk284.65+0.089%Bullet284.66+0.091%GMX284.67+0.094%Pacifica284.69+0.103%gTrade (Gains Network)284.69+0.104%Gate284.70+0.105%BloFin284.72+0.113%Nado284.75+0.122%01 Exchange284.76+0.127%RISEx284.76+0.128%edgeX284.78+0.134%OKX284.80+0.141%KuCoin284.81+0.144%Extended284.81+0.145%
Variational Omni284.82+0.147%
Bitget284.82+0.148%BingX284.82+0.148%Orderly284.83+0.151%Binance284.84+0.156%Arcus284.85+0.158%Phemex284.86+0.162%MEXC284.89+0.172%Backpack284.90+0.176%Aevo284.90+0.176%Kraken Futures284.93+0.187%Aster284.94+0.189%Deribit284.96+0.197%Bybit284.96+0.197%ApeX Omni284.98+0.204%Lighter285.12+0.252%Phoenix285.20+0.281%Hyperliquid285.23+0.292%Coinbase International285.82+0.499%Injective290.41+2.113%

TAO on 42 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX TAO-USDT−0.040%+0.0100%4h$116K$318K20xas long as short
Reya TAORUSDPERPlong0.000%+0.0693%1h$327—20x
Katana Perps TAO-USD+0.020%+0.0100%8h$625$317K5xas long as short
SunX TAO-USDT+0.023%+0.0100%4h$1K$1.6M20xas long as short
Popdex TAOUSDT+0.027%+0.0096%1h$50K$444K20xas long as short
Paradex TAO-USD-PERP+0.034%+0.0110%8h$13K$37610xas long as short
Polymarket Perps TAO-USD+0.044%+0.0100%1h$75K$926K5xas long as short
dYdX TAO-USD+0.047%+0.0035%1h$73K$44K5xas long as short
Bulk TAO-USD+0.049%+0.0151%1h$149K$010xas long as short
Bullet TAO-USD+0.051%+0.0100%1h$10K$17K20xas long as short
Show all 42 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX TAO/USD [WBTC.b-USDC]+0.054%L +0.0173% / S +0.0141%1h$477K—100xas long as short
Pacifica TAO+0.063%+0.0100%1h$329K$368K10xas long as short
gTrade (Gains Network) TAO/USD+0.064%L +0.0004% / S −0.0004%1h$9K—150xas long as short
Gate TAO_USDT+0.065%+0.0100%4h$11.2M$42.8M50xas long as short
BloFin TAO-USDT+0.072%+0.0340%4h$4.0M$6.7M100xas long as short
Nado TAO-PERP+0.082%+0.0153%1h$1.0M$1.2M10xas long as short
01 Exchange TAOUSD+0.086%+0.0152%1h$3K$4K5xas long as short
RISEx TAO/USDC+0.088%+0.0673%1h$315K$428K5xas long as short
edgeX TAOUSDC+0.094%+0.0100%4h$37K$293K10xas long as short
OKX TAO-USDT-SWAP+0.100%+0.0100%8h$22.9M$65.9M50xas long as short
KuCoin TAOUSDTM+0.104%+0.0100%4h$18.0M$19.7M75xas long as short
Extended TAO-USD+0.104%+0.0104%1h$767K$1.3M25xas long as short
Variational Omni TAOshort+0.107%+0.0100%4h$3.2M$4.7M—
Bitget TAOUSDT+0.108%+0.0082%4h$32.2M$36.5M50xas long as short
BingX TAO-USDT+0.108%+0.0100%4h—$28.2M—as long as short
Orderly PERP_TAO_USDC+0.111%+0.0100%4h$51K$172K10xas long as short
Binance TAOUSDT+0.116%+0.0100%4h$78.2M$321.4M75xas long as short
Arcus TAO-USD+0.118%+0.0100%1h$122K$569K5xas long as short
Phemex TAOUSDT+0.122%+0.0100%4h$3.0M$7.3M50xas long as short
MEXC TAO_USDT+0.132%+0.0100%4h$106.4M$101.7M300xas long as short
Backpack TAO_USDC_PERP+0.136%+0.0100%1h$326K$442K10xas long as short
Aevo TAO-PERP+0.136%+0.0104%1h$156K$9983xas long as short
Kraken Futures PF_TAOUSD+0.147%+0.0013%1h$5.2M$13.7M50xas long as short
Aster TAOUSDT+0.149%+0.0100%4h$1.6M$5.0M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.157%+0.0076%1h$41K$934K25xas long as short
Bybit TAOUSDT+0.157%+0.0100%4h$50.9M$84.4M50xas long as short
ApeX Omni TAOUSDT+0.164%+0.0100%1h$43K$265K50xas long as short
Lighter TAO+0.212%+0.0144%1h$1.3M$2.1M5xas long as short
Phoenix TAO+0.241%+0.0476%1h$303K$159K5xas long as short
Hyperliquid TAO+0.252%+0.0601%1h$79.2M$51.0M5xas long as short
Coinbase International TAO-PERP-INTX+0.459%+0.0936%1h$1.4M$4.0M50xas long as short
Injective TAO/USDC PERP+2.072%+0.3793%1h$21K$59K12xas long as short