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

TAO

all TAO markets
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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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAOUSDT283.990.0100pay 0.0050% / 4h1h 41m$79.6M$307.2M75x
ShortPhoenix TAO284.100.0363get 0.0045% / 1h41m 49s$301K$148K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

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 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 Binance live order book, 3 min ago0.18 bp6.7 bp −$712.5 bp −$12536.3 bp −$3,630doesn't fit
Sell Phoenix live order book, 11 min ago3.54 bp18.2 bp −$1823.0 bp −$230doesn't fitdoesn't fit

TAO on 41 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0011%1h$17K150xas long as short
Popdex TAOUSDT+0.0096%1h$40K$443K20xas long as short
Katana Perps TAO-USD+0.0100%8h$1K$260K5xas long as short
Aster TAOUSDT+0.0100%4h$1.8M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$331K$386K10xas long as short
Binance TAOUSDTlong+0.0100%4h$79.6M$307.2M75x
Bybit TAOUSDT+0.0100%4h$51.4M$80.5M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.0M$64.3M50xas long as short
Arcus TAO-USD+0.0100%1h$123K$568K5xas long as short
Gate TAO_USDT+0.0100%4h$11.2M$44.4M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h$112.7M$94.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.1M$17.8M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.2M$34.2M50xas long as short
BingX TAO-USDT+0.0100%4h$28.1Mas long as short
Backpack TAO_USDC_PERP+0.0100%1h$283K$274K10xas long as short
Variational Omni TAO+0.0100%4h$3.3M$4.4Mas long as short
edgeX TAOUSDC+0.0100%4h$32K$286K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$72K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$10K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$51K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$2K$1.5M20xas long as short
HTX TAO-USDT+0.0100%4h$115K$308K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.7M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0101%1h$25K$867K25xas long as short
Paradex TAO-USD-PERP+0.0104%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$787K$1.2M25xas long as short
Aevo TAO-PERP+0.0104%1h$156K$9983xas long as short
dYdX TAO-USD+0.0149%1h$72K$55K5xas long as short
Bulk TAO-USD+0.0208%1h$148K$010xas long as short
Hyperliquid TAO+0.0252%1h$75.0M$47.1M5xas long as short
Nado TAO-PERP+0.0287%1h$1.1M$1.1M10xas long as short
Lighter TAO+0.0304%1h$1.3M$1.8M5xas long as short
BloFin TAO-USDT+0.0340%4h$4.0M$6.8M100xas long as short
Phoenix TAOshort+0.0363%1h$301K$148K5x
Kraken Futures PF_TAOUSD+0.0450%1h$5.5M$13.1M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0470% / S −0.0186%1h$432K100xas long as short
RISEx TAO/USDC+0.0556%1h$319K$396K5xas long as short
Reya TAORUSDPERP+0.0691%1h$32720xas long as short
Coinbase International TAO-PERP-INTX+0.1000%1h$1.4M$4.1M50xas long as short
Injective TAO/USDC PERP+0.1765%1h$21K$125K12xas long as short