TAO

Alert

Funding spread now, next payment 14:00 UTC+0.0533%/8h

paid, last 24h+0.082%paid, last 7 days+0.200%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.5% 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	BingX TAO-USDT	286.56	0.0100	pay 0.0050% / 4h	2h 38m	—	$27.3M	—
Short	Hyperliquid TAO	286.64	0.0633	get 0.0079% / 1h	38m 38s	$76.9M	$44.3M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee HyperliquidbpOrdersRate

Funding earned: $111.96
Slippage, 4 orders: −$11.89
Fee BingX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $81.08
Break-even: 1.9 days

Slippage from BingX: live order book, 6 min ago; Hyperliquid: live order book, 6 min ago.

Price risk

price view

Price gap now: +0.028%
Avg gap 7d: +0.062%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 6 min ago	1.57 bp	6.6 bp −$7	10.9 bp −$109	22.2 bp −$2,224	49.7 bp −$24.9K
Sell Hyperliquid live order book, 6 min ago	0.17 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.0311%	1h	$150K	$3K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	0.0000%	1h	$14K	$858K	25x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0011%	1h	$17K	—	150x	as long as short
Gate TAO_USDT	+0.0020%	4h	$11.3M	$43.0M	50x	as long as short
dYdX TAO-USD	+0.0047%	1h	$74K	$54K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$36K	$438K	20x	as long as short
Pacifica TAO	+0.0100%	1h	$345K	$349K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.9M	$295.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$52.0M	$76.5M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.3M	$63.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus TAO-USD	+0.0100%	1h	$137K	$534K	5x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$114.1M	$88.0M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$17.1M	$17.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.3M	$33.1M	50x	as long as short
BingX TAO-USDTlong	+0.0100%	4h	—	$27.3M	—
Backpack TAO_USDC_PERP	+0.0100%	1h	$290K	$261K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$282K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$45K	$264K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$74K	$1.2M	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$51K	$145K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$1K	$1.5M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$119K	$289K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.7M	50x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$241K	5x	as long as short
Paradex TAO-USD-PERP	+0.0102%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$747K	$1.0M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$158K	—	3x	as long as short
Lighter TAO	+0.0168%	1h	$1.3M	$1.6M	5x	as long as short
01 Exchange TAOUSD	+0.0280%	1h	$5K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$6.7M	100x	as long as short
Nado TAO-PERP	+0.0354%	1h	$1.1M	$1.1M	10x	as long as short
Phoenix TAO	+0.0417%	1h	$318K	$134K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0467%	1h	$5.3M	$12.3M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0489% / S −0.0204%	1h	$439K	—	100x	as long as short
RISEx TAO/USDC	+0.0523%	1h	$316K	$385K	5x	as long as short
Aster TAOUSDT	+0.0575%	4h	$2.1M	$3.7M	50x	as long as short
Hyperliquid TAOshort	+0.0633%	1h	$76.9M	$44.3M	5x
Reya TAORUSDPERP	+0.0691%	1h	$329	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	$1.5M	$4.2M	50x	as long as short
Injective TAO/USDC PERP	+0.1683%	1h	$21K	$163K	12x	as long as short