TAO

Alert

Funding spread now, next payment 16:00 UTC−0.0876%/8h

paid, last 24h−0.169%paid, last 7 days−0.435%to open and close $10k−$49

Long on Coinbase International Short on Bitget

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.435% in total (about -22.7% 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	Coinbase International TAO-PERP-INTX	287.78	0.0920	pay 0.0115% / 1h	53m 24s	$1.4M	$4.2M	50x
Short	Bitget TAOUSDT	286.63	0.0044	get 0.0022% / 4h	3h 53m	$32.4M	$36.5M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BitgetbpOrdersRate

Funding earned: −$183.96
Slippage, 4 orders: −$26.89
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$232.85
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Price risk

price view

Price gap now: −0.400%
Avg gap 7d: −0.192%

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, 2 min ago	8.13 bp	14.5 bp −$14	18.3 bp −$183	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.22 bp	9.5 bp −$9	18.4 bp −$184	29.4 bp −$2,936	doesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.1463%	1h	$151K	$0	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$55K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	$9K	—	150x	as long as short
Gate TAO_USDT	+0.0040%	4h	$11.3M	$43.2M	50x	as long as short
Bitget TAOUSDTshort	+0.0044%	4h	$32.4M	$36.5M	50x
Deribit TAO_USDC-PERPETUAL	+0.0045%	1h	$33K	$892K	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0047%	1h	$5.5M	$13.5M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$48K	$457K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$2K	$295K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.9M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica TAO	+0.0100%	1h	$332K	$371K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.2M	$324.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$53.3M	$84.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.1M	$67.4M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$122K	$570K	5x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$99.8M	$102.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$20.2M	$19.3M	75x	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$299K	$400K	10x	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	$75K	$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	$1K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$312K	20x	as long as short
Extended TAO-USD	+0.0104%	1h	$775K	$1.3M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$158K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0111%	8h	$13K	$376	10x	as long as short
BingX TAO-USDT	+0.0272%	4h	—	$28.5M	—	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
GMX TAO/USD [WBTC.b-USDC]	L +0.0467% / S −0.0189%	1h	$425K	—	100x	as long as short
01 Exchange TAOUSD	+0.0504%	1h	$3K	$6K	5x	as long as short
RISEx TAO/USDC	+0.0553%	1h	$327K	$421K	5x	as long as short
Lighter TAO	+0.0624%	1h	$1.4M	$1.9M	5x	as long as short
Nado TAO-PERP	+0.0635%	1h	$1.1M	$1.1M	10x	as long as short
Reya TAORUSDPERP	+0.0692%	1h	$330	—	20x	as long as short
Phemex TAOUSDT	+0.0808%	4h	$3.0M	$7.4M	50x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0920%	1h	$1.4M	$4.2M	50x
Hyperliquid TAO	+0.1075%	1h	$78.9M	$52.0M	5x	as long as short
Injective TAO/USDC PERP	+0.3912%	1h	$21K	$87K	12x	as long as short