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

TAO

all TAO markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0455%/8h
next payment, per $10,000+$0.57paid, last 24h+0.087%paid, last 7 days+0.223%to open and close $10k−$109
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.223% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TAO-PERP286.720.0104pay 0.0013% / 1h55m 34s$157K$9983x
ShortHyperliquid TAO286.690.0559get 0.0070% / 1h55m 34s$75.8M$48.7M5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$95.59
Slippage, 4 orders
−$83.54
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$12.95
Break-even
7.9 days
Slippage from Aevo: live order book, 60 min ago; Hyperliquid: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.013%
Avg gap 7d
+0.052%
A gap far from its average can cost days of funding.

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

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 60 min ago33.06 bp46.8 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.05 bp7.3 bp −$7doesn't fitdoesn't fitdoesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.0170%1h$149K$010xas long as short
dYdX TAO-USD0.0000%1h$73K$55K5xas long as short
Deribit TAO_USDC-PERPETUAL0.0000%1h$24K$878K25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0012%1h$18K150xas long as short
Popdex TAOUSDT+0.0096%1h$42K$447K20xas long as short
Katana Perps TAO-USD+0.0100%8h$2K$274K5xas long as short
Aster TAOUSDT+0.0100%4h$1.7M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$333K$368K10xas long as short
Binance TAOUSDT+0.0100%4h$80.8M$312.8M75xas long as short
Bybit TAOUSDT+0.0100%4h$52.0M$81.7M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX TAO-USDT-SWAP+0.0100%8h$23.1M$65.4M50xas long as short
Arcus TAO-USD+0.0100%1h$122K$570K5xas long as short
Gate TAO_USDT+0.0100%4h$11.3M$44.5M50xas long as short
MEXC TAO_USDT+0.0100%4h$108.5M$96.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.5M$18.0M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.2M$35.0M50xas long as short
BingX TAO-USDT+0.0100%4h$28.5Mas long as short
Variational Omni TAO+0.0100%4h$3.3M$4.5Mas long as short
edgeX TAOUSDC+0.0100%4h$32K$285K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$44K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$73K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$10K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$51K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$117K$310K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.6M50xas long as short
Paradex TAO-USD-PERP+0.0103%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$772K$1.3M25xas long as short
Aevo TAO-PERPlong+0.0104%1h$157K$9983x
Lighter TAO+0.0128%1h$1.3M$1.8M5xas long as short
Backpack TAO_USDC_PERP+0.0157%1h$402K$339K10xas long as short
Nado TAO-PERP+0.0163%1h$1.1M$1.1M10xas long as short
Kraken Futures PF_TAOUSD+0.0287%1h$5.6M$13.2M50xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$6.9M100xas long as short
Phoenix TAO+0.0363%1h$303K$149K5xas long as short
01 Exchange TAOUSD+0.0368%1h$5K$4K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0471% / S −0.0193%1h$429K100xas long as short
RISEx TAO/USDC+0.0517%1h$322K$399K5xas long as short
Hyperliquid TAOshort+0.0559%1h$75.8M$48.7M5x
Reya TAORUSDPERP+0.0692%1h$32820xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.5M$4.2M50xas long as short
Injective TAO/USDC PERP+0.3146%1h$21K$125K12xas long as short