TAO

Alert

Funding spread now, next payment 17:00 UTC+0.0267%/8h

next payment, per $10,000+$0.33paid, last 24h+0.030%paid, last 3 days+0.041%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.041% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. 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	Bullet TAO-USD	289.90	0.0100	pay 0.0013% / 1h	37m 47s	$10K	$17K	20x
Short	Nado TAO-PERP	289.72	0.0367	get 0.0046% / 1h	37m 47s	$1.1M	$1.1M	10x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee NadobpOrdersRate

Funding earned: $56.15
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $41.15
Break-even: 1.9 days

Slippage unknown: Bullet: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.063%
Avg gap 7d: —

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 Bullet no order-book sample	—	—	—	—	—
Sell Nado live order book, 2 min ago	1.21 bp	7.4 bp −$7	16.3 bp −$163	doesn't fit	doesn't fit

Bullet: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.1169%	1h	$150K	$0	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$74K	$41K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0008%	1h	$14K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0047%	1h	$5.5M	$14.0M	50x	as long as short
Bitget TAOUSDT	+0.0058%	4h	$32.9M	$36.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$49K	$459K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$305K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.9M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$335K	$370K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.5M	$324.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit TAOUSDT	+0.0100%	4h	$53.9M	$84.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.4M	$68.4M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$124K	$568K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.4M	$43.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$102.9M	$103.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.5M	$19.7M	75x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$27.9M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$287K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$43K	$266K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$76K	$1.1M	5x	as long as short
Bullet TAO-USDlong	+0.0100%	1h	$10K	$17K	20x
Orderly PERP_TAO_USDC	+0.0100%	4h	$52K	$146K	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	$119K	$314K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.4M	50x	as long as short
Extended TAO-USD	+0.0104%	1h	$784K	$1.4M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$159K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0118%	8h	$13K	$376	10x	as long as short
Backpack TAO_USDC_PERP	+0.0134%	1h	$274K	$408K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0175% / S +0.0111%	1h	$457K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0210%	1h	$33K	$895K	25x	as long as short
Phoenix TAO	+0.0332%	1h	$307K	$157K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$7.1M	100x	as long as short
Nado TAO-PERPshort	+0.0367%	1h	$1.1M	$1.1M	10x
01 Exchange TAOUSD	+0.0496%	1h	$3K	$6K	5x	as long as short
RISEx TAO/USDC	+0.0553%	1h	$336K	$423K	5x	as long as short
Reya TAORUSDPERP	+0.0692%	1h	$333	—	20x	as long as short
Lighter TAO	+0.0760%	1h	$1.4M	$1.9M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0920%	1h	$1.5M	$4.1M	50x	as long as short
Hyperliquid TAO	+0.1046%	1h	$80.2M	$51.7M	5x	as long as short
Injective TAO/USDC PERP	+0.3912%	1h	$21K	$87K	12x	as long as short