TAO

Alert

Funding spread now, next payment 16:00 UTC+0.0232%/8h

paid, last 24h+0.087%paid, last 7 days+0.090%to open and close $10k−$40

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% 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	285.47	0.0100	pay 0.0050% / 4h	3h 00m	—	$28.1M	—
Short	Phoenix TAO	286.90	0.0332	get 0.0042% / 1h	1h 00m	$305K	$157K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee PhoenixbpOrdersRate

Funding earned: $48.73
Slippage, 4 orders: −$22.84
Fee BingX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $8.9
Break-even: 5.7 days

Slippage from BingX: live order book, 15 min ago; Phoenix: live order book, 42 min ago.

Price risk

price view

Price gap now: +0.501%
Avg gap 7d: +0.147%

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, 15 min ago	0.70 bp	7.0 bp −$7	9.0 bp −$90	20.2 bp −$2,020	52.4 bp −$26.2K
Sell Phoenix live order book, 42 min ago	3.46 bp	19.4 bp −$19	30.8 bp −$308	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	$9K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0012%	1h	$40K	$925K	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0047%	1h	$5.2M	$13.6M	50x	as long as short
Bitget TAOUSDT	+0.0072%	4h	$32.2M	$36.5M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$50K	$444K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$319K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$5.0M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$330K	$369K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$78.4M	$321.4M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$51.1M	$84.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.9M	$66.1M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$123K	$569K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.2M	$44.9M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$105.6M	$107.0M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.0M	$19.6M	75x	as long as short
BingX TAO-USDTlong	+0.0100%	4h	—	$28.1M	—
Backpack TAO_USDC_PERP	+0.0100%	1h	$327K	$430K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.2M	$4.7M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$294K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$43K	$265K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$76K	$979K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$10K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$51K	$172K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$1K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$317K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.3M	50x	as long as short
Extended TAO-USD	+0.0104%	1h	$771K	$1.3M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$157K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0112%	8h	$13K	$376	10x	as long as short
dYdX TAO-USD	+0.0125%	1h	$73K	$44K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0141%	1h	$479K	—	100x	as long as short
Bulk TAO-USD	+0.0197%	1h	$150K	$0	10x	as long as short
Nado TAO-PERP	+0.0238%	1h	$1.0M	$1.2M	10x	as long as short
Phoenix TAOshort	+0.0332%	1h	$305K	$157K	5x
BloFin TAO-USDT	+0.0340%	4h	$4.0M	$6.7M	100x	as long as short
01 Exchange TAOUSD	+0.0352%	1h	$3K	$4K	5x	as long as short
Lighter TAO	+0.0416%	1h	$1.3M	$2.1M	5x	as long as short
RISEx TAO/USDC	+0.0553%	1h	$323K	$425K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$328	—	20x	as long as short
Hyperliquid TAO	+0.0804%	1h	$79.5M	$51.6M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0920%	1h	$1.4M	$4.0M	50x	as long as short
Injective TAO/USDC PERP	+0.3912%	1h	$21K	$87K	12x	as long as short