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
next payment, per $10,000+$0.33paid, last 24h+0.080%paid, last 3 days+0.203%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet TAO-USD283.560.0100pay 0.0013% / 1h38m 27s$10K$17K20x
ShortPhoenix TAO284.400.0363get 0.0045% / 1h38m 27s$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
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$40.18
Break-even
1.9 days
Slippage unknown: Bullet: no order-book sample; Phoenix: live order book, 15 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.297%
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 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 Bullet no order-book sample
Sell Phoenix live order book, 15 min ago3.54 bp18.2 bp −$1823.0 bp −$230doesn't fitdoesn'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 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
Deribit TAO_USDC-PERPETUAL+0.0026%1h$25K$867K25xas long as short
Gate TAO_USDT+0.0094%4h$11.2M$44.5M50xas long as short
Popdex TAOUSDT+0.0096%1h$40K$443K20xas long as short
Katana Perps TAO-USD+0.0100%8h$580$261K5xas long as short
Aster TAOUSDT+0.0100%4h$1.8M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$330K$377K10xas long as short
Binance TAOUSDT+0.0100%4h$79.4M$307.0M75xas long as short
Bybit TAOUSDT+0.0100%4h$51.3M$80.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.0M$64.0M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus TAO-USD+0.0100%1h$123K$568K5xas long as short
MEXC TAO_USDT+0.0100%4h$112.8M$94.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.1M$17.8M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.1M$34.2M50xas long as short
BingX TAO-USDT+0.0100%4h$28.0Mas 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$284K10xas 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-USDlong+0.0100%1h$10K$17K20x
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$116K$308K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.7M50xas 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+0.0120%1h$72K$55K5xas long as short
Bulk TAO-USD+0.0208%1h$148K$010xas long as short
Hyperliquid TAO+0.0251%1h$74.8M$47.1M5xas long as short
Nado TAO-PERP+0.0290%1h$1.1M$1.1M10xas long as short
Lighter TAO+0.0312%1h$1.3M$1.8M5xas long as short
BloFin TAO-USDT+0.0340%4h$4.0M$6.9M100xas 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 −0.0193%1h$425K100xas long as short
RISEx TAO/USDC+0.0556%1h$319K$395K5xas long as short
Reya TAORUSDPERP+0.0691%1h$32620xas 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