Funding spread now, next payment 14:00 UTC+0.0263%/8h
paid, last 24h+0.080%paid, last 7 days+0.173%to open and close $10k−$46
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAOUSDT | 283.99 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $79.6M | $307.2M | 75x |
| Short | Phoenix TAO | 284.10 | 0.0363 | get 0.0045% / 1h | 41m 49s | $301K | $148K | 5x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $55.18
- Slippage, 4 orders
- −$29.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $9.12
- Break-even
- 5.8 days
Slippage from Binance: live order book, 3 min ago; Phoenix: live order book, 11 min ago.
Price risk
price view- Price gap now
- +0.039%
- Avg gap 7d
- +0.136%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 0.18 bp | 6.7 bp −$7 | 12.5 bp −$125 | 36.3 bp −$3,630 | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 3.54 bp | 18.2 bp −$18 | 23.0 bp −$230 | doesn't fit | doesn't fit |
TAO on 41 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0011% | 1h | $17K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | $40K | $443K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | $1K | $260K | 5x | as long as short |
| Aster TAOUSDT | +0.0100% | 4h | $1.8M | $4.7M | 50x | as long as short |
| Pacifica TAO | +0.0100% | 1h | $331K | $386K | 10x | as long as short |
| Binance TAOUSDTlong | +0.0100% | 4h | $79.6M | $307.2M | 75x | |
| Bybit TAOUSDT | +0.0100% | 4h | $51.4M | $80.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | $23.0M | $64.3M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | $123K | $568K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | $11.2M | $44.4M | 50x | as long as short |
Binance TAOUSDT
Phoenix TAO
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Aster TAOUSDT
Pacifica TAO
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Backpack TAO_USDC_PERP
Variational Omni TAO
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Extended TAO-USD
Bulk TAO-USD
Hyperliquid TAO
Lighter TAO
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP