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

TAO

all TAO markets
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Funding spread now, next payment 16:00 UTC−0.0039%/8h
paid, last 24h0.000%paid, last 3 days+0.087%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack TAO_USDC_PERP284.510.0139pay 0.0017% / 1h42m 09s$402K$338K10x
ShortKatana Perps TAO-USD284.230.0100get 0.0100% / 8h42m 09s$2K$278K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$8.23
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$22.03
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 8 min ago; Katana Perps: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.098%
Avg gap 7d
−0.006%
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 Backpack live order book, 8 min ago2.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Katana Perps no order-book sample
Katana Perps: 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 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.0932%1h$150K$010xas long as short
Deribit TAO_USDC-PERPETUAL0.0000%1h$26K$887K25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0012%1h$18K150xas long as short
dYdX TAO-USD+0.0038%1h$72K$55K5xas long as short
Lighter TAO+0.0096%1h$1.3M$1.8M5xas long as short
Popdex TAOUSDT+0.0096%1h$43K$450K20xas long as short
Katana Perps TAO-USDshort+0.0100%8h$2K$278K5x
Aster TAOUSDT+0.0100%4h$1.6M$4.9M50xas long as short
Pacifica TAO+0.0100%1h$331K$369K10xas long as short
Binance TAOUSDT+0.0100%4h$80.0M$314.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit TAOUSDT+0.0100%4h$51.6M$82.2M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.0M$65.1M50xas long as short
Arcus TAO-USD+0.0100%1h$122K$571K5xas long as short
Gate TAO_USDT+0.0100%4h$11.2M$44.9M50xas long as short
MEXC TAO_USDT+0.0100%4h$109.6M$97.7M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.3M$18.0M75xas long as short
Bitget TAOUSDT+0.0100%4h$31.9M$35.4M50xas 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$288K10xas 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$2K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$116K$311K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.6M50xas long as short
Paradex TAO-USD-PERP+0.0102%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$763K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$156K$9983xas long as short
Backpack TAO_USDC_PERPlong+0.0139%1h$402K$338K10x
Nado TAO-PERP+0.0230%1h$1.0M$1.1M10xas long as short
01 Exchange TAOUSD+0.0256%1h$5K$4K5xas long as short
Kraken Futures PF_TAOUSD+0.0289%1h$5.5M$13.1M50xas long as short
Hyperliquid TAO+0.0317%1h$75.1M$48.8M5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.0M100xas long as short
Phoenix TAO+0.0364%1h$304K$149K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0468% / S −0.0193%1h$425K100xas long as short
RISEx TAO/USDC+0.0517%1h$300K$409K5xas long as short
Reya TAORUSDPERP+0.0692%1h$32620xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.5M$4.1M50xas long as short
Injective TAO/USDC PERP+0.3146%1h$21K$125K12xas long as short