TAO

Alert

Funding spread now, next payment 17:00 UTC−0.0836%/8h

next payment, per $10,000−$1.05paid, last 24h−0.174%paid, last 7 days−0.440%to open and close $10k−$58

Long on Coinbase International Short on ApeX Omni

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.440% in total (about -22.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 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	284.65	0.0936	pay 0.0117% / 1h	45m 40s	$1.4M	$3.9M	50x
Short	ApeX Omni TAOUSDT	285.35	0.0100	get 0.0013% / 1h	45m 40s	$43K	$265K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ApeX OmnibpOrdersRate

Funding earned: −$175.56
Slippage, 4 orders: −$38.14
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$233.7
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; ApeX Omni: live order book, 58 min ago.

Price risk

price view

Price gap now: +0.246%
Avg gap 7d: −0.121%

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, 5 min ago	8.91 bp	13.9 bp −$14	18.5 bp −$185	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	5.37 bp	13.5 bp −$14	125.4 bp −$1,254	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
Deribit TAO_USDC-PERPETUAL	0.0000%	1h	$41K	$934K	25x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	$9K	—	150x	as long as short
dYdX TAO-USD	+0.0013%	1h	$73K	$44K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0013%	1h	$5.2M	$13.7M	50x	as long as short
Bitget TAOUSDT	+0.0092%	4h	$32.1M	$36.0M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$49K	$444K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$311K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.9M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$328K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$78.2M	$319.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit TAOUSDT	+0.0100%	4h	$50.6M	$83.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.9M	$65.3M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$122K	$569K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.2M	$42.9M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$107.3M	$102.4M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.1M	$19.7M	75x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.1M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$325K	$447K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.1M	$4.8M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$295K	10x	as long as short
ApeX Omni TAOUSDTshort	+0.0100%	1h	$43K	$265K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	$75K	$736K	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	$2K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$116K	$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	$767K	$1.3M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$156K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0109%	8h	$13K	$376	10x	as long as short
Lighter TAO	+0.0144%	1h	$1.3M	$2.1M	5x	as long as short
Nado TAO-PERP	+0.0151%	1h	$1.0M	$1.2M	10x	as long as short
Bulk TAO-USD	+0.0151%	1h	$149K	$0	10x	as long as short
01 Exchange TAOUSD	+0.0232%	1h	$3K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.0M	$6.7M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0173%	1h	$459K	—	100x	as long as short
Phoenix TAO	+0.0476%	1h	$304K	$159K	5x	as long as short
RISEx TAO/USDC	+0.0673%	1h	$314K	$427K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$327	—	20x	as long as short
Hyperliquid TAO	+0.0848%	1h	$79.1M	$51.6M	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0936%	1h	$1.4M	$3.9M	50x
Injective TAO/USDC PERP	+0.3793%	1h	$21K	$59K	12x	as long as short