TAO

Alert

Funding spread now, next payment 14:00 UTC−0.0896%/8h

next payment, per $10,000−$1.12paid, last 24h−0.152%paid, last 7 days−0.419%to open and close $10k−$117

Long on Coinbase International Short on Aevo

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.419% in total (about -21.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.12 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	Coinbase International TAO-PERP-INTX	286.24	0.1000	pay 0.0125% / 1h	31m 05s	$1.4M	$4.1M	50x
Short	Aevo TAO-PERP	285.32	0.0104	get 0.0013% / 1h	31m 05s	$157K	$998	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee AevobpOrdersRate

Funding earned: −$188.16
Slippage, 4 orders: −$91.17
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$305.33
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Aevo: live order book, 24 min ago.

Price risk

price view

Price gap now: −0.320%
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 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 Coinbase International live order book, 4 min ago	6.49 bp	12.9 bp −$13	16.5 bp −$165	doesn't fit	doesn't fit
Sell Aevo live order book, 24 min ago	33.06 bp	46.0 bp −$46	260.7 bp −$2,607	doesn't fit	doesn't fit

TAO on 41 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit TAO_USDC-PERPETUAL	0.0000%	1h	$25K	$868K	25x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0012%	1h	$18K	—	150x	as long as short
dYdX TAO-USD	+0.0090%	1h	$73K	$55K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$41K	$443K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$262K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.8M	$4.7M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$332K	$377K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$80.1M	$307.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$51.6M	$80.7M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.1M	$64.6M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus TAO-USD	+0.0100%	1h	$122K	$570K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.3M	$44.7M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$114.3M	$94.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$17.3M	$17.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.3M	$34.3M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.0M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$283K	$275K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.3M	$4.5M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$286K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$44K	$266K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$73K	$1.1M	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	$146K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$2K	$1.5M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$116K	$309K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.7M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	$149K	$0	10x	as long as short
Paradex TAO-USD-PERP	+0.0104%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$791K	$1.2M	25x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	$157K	$998	3x
Nado TAO-PERP	+0.0289%	1h	$1.1M	$1.1M	10x	as long as short
Lighter TAO	+0.0328%	1h	$1.3M	$1.8M	5x	as long as short
Hyperliquid TAO	+0.0337%	1h	$75.9M	$47.6M	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.0M	$6.9M	100x	as long as short
Phoenix TAO	+0.0363%	1h	$302K	$148K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0449%	1h	$5.5M	$13.1M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0470% / S −0.0193%	1h	$427K	—	100x	as long as short
RISEx TAO/USDC	+0.0556%	1h	$321K	$396K	5x	as long as short
Reya TAORUSDPERP	+0.0692%	1h	$328	—	20x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.1000%	1h	$1.4M	$4.1M	50x
Injective TAO/USDC PERP	+0.1765%	1h	$21K	$125K	12x	as long as short