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−0.0296%/8h= −32.4% APRnext payment $0.37 per $10,000 · paid last 24h −0.024%
Price spread now: Extended against 01 Exchange−0.084%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 airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.084% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange TAOUSD319.930.0680pay 0.0085% / 1h11m 57s$3K$4K5x
ShortExtended TAO-USD319.660.0384get 0.0048% / 1h11m 57s$906K$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against 01 Exchange. 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
−$62.16
Price spread: −0.084% → 0.000%
−$8.42
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$82.58
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 2 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 01 Exchange no order-book sample
Sell Extended live order book, 2 min ago2.04 bp7.0 bp −$710.1 bp −$101doesn't fitdoesn't fit
01 Exchange: 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 −0.0005%1h319.53−0.124%$22K150xas long as short
dYdX TAO-USD+0.0073%1h319.34−0.186%$127K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h319.54−0.122%$47K$714K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h319.70−0.072%$26.6M$132.2M50xas long as short
Gate TAO_USDT+0.0100%4h319.60−0.103%$14.8M$52.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h319.61−0.100%$17.9M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h319.39−0.169%$35.9M$57.9M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h317.41−0.788%$46K$259K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.67−0.081%$88K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h319.55−0.119%$1K$2.0M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h319.14−0.247%$117K$602K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0104% / S +0.0137%1h319.46−0.148%$412K100xas long as short
Katana Perps TAO-USD+0.0106%8h319.37−0.175%$2K$1.1M5xas long as short
Aevo TAO-PERP+0.0128%1h319.91−0.005%$176K$9983xas long as short
Orderly PERP_TAO_USDC+0.0174%4h319.84−0.028%$52K$294K10xas long as short
MEXC TAO_USDT+0.0178%4h319.68−0.078%$104.2M$152.7M300xas long as short
edgeX TAOUSDC+0.0184%4h317.44−0.779%$42K$321K10xas long as short
Binance TAOUSDT+0.0189%4h319.78−0.047%$92.5M$532.3M75xas long as short
Paradex TAO-USD-PERP+0.0260%8h319.35−0.181%$14K$1K10xas long as short
BingX TAO-USDT+0.0264%4h319.66−0.084%$37.3Mas long as short
Bybit TAOUSDT+0.0271%4h319.84−0.028%$70.3M$157.1M50xas long as short
Bullet TAO-USD+0.0294%1h319.86−0.022%$12K$17K20xas long as short
Pacifica TAO+0.0313%1h319.46−0.147%$375K$466K10xas long as short
GRVT TAO_USDT_Perp+0.0316%4h318.09−0.575%$541K$907K10xas long as short
Aster TAOUSDT+0.0349%4h319.64−0.091%$1.3M$11.0M50xas long as short
Phemex TAOUSDT+0.0352%4h319.59−0.106%$3.2M$8.2M50xas long as short
Extended TAO-USDshort+0.0384%1h319.66−0.084%$906K$2.4M25x
BloFin TAO-USDT+0.0420%4h319.77−0.050%$4.7M$11.0M100xas long as short
Nado TAO-PERP+0.0458%1h319.83−0.030%$786K$2.0M10xas long as short
Arcus TAO-USD+0.0473%1h319.67−0.081%$101K$384K5xas long as short
Variational Omni TAO+0.0560%4h318.03−0.595%$5.6M$10.1Mas long as short
Lighter TAO+0.0584%1h320.04+0.033%$1.6M$6.9M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0615%1h319.83−0.031%$15K$1.9M25xas long as short
Phoenix TAO+0.0629%1h318.40−0.478%$320K$703K5xas long as short
01 Exchange TAOUSDlong+0.0680%1h319.93long leg$3K$4K5x
Backpack TAO_USDC_PERP+0.0694%1h319.88−0.016%$298K$905K10xas long as short
Reya TAORUSDPERP+0.0698%1h319.79−0.044%$36820xas long as short
Hyperliquid TAO+0.0713%1h319.79−0.044%$94.5M$110.7M5xas long as short
Kraken Futures PF_TAOUSD+0.0829%1h319.88−0.016%$6.0M$21.7M50xas long as short
RISEx TAO/USDC+0.0831%1h319.37−0.174%$454K$662K5xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h320.52+0.184%$1.4M$7.1M50xas long as short
Bulk TAO-USD+0.1572%1h317.17−0.863%$169K$010xas long as short
Injective TAO/USDC PERP+0.4513%1h318.80−0.353%$23K$2K12xas long as short