TAO

Alert

Funding spread now, next payment 16:00 UTC−0.0752%/8h

next payment, per $10,000−$0.94paid, last 24h−0.176%paid, last 7 days−0.665%to open and closeno order book

Long on Coinbase International Short on Deribit

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TAO-PERP-INTX	289.17	0.0920	pay 0.0115% / 1h	43m 04s	$1.4M	$4.2M	50x
Short	Deribit TAO_USDC-PERPETUAL	288.27	0.0168	get 0.0021% / 1h	43m 04s	$34K	$898K	25x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee DeribitbpOrdersRate

Funding earned: −$157.92
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$174.92
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; Deribit: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.311%
Avg gap 7d: −0.145%

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	8.68 bp	13.7 bp −$14	17.3 bp −$173	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	11.67 bp	doesn't fit	doesn't fit	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
Bulk TAO-USD	−0.1169%	1h	$150K	$0	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$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	$5.4M	$14.0M	50x	as long as short
Bitget TAOUSDT	+0.0054%	4h	$32.7M	$36.5M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$50K	$458K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$633	$303K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$5.0M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$334K	$371K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$80.7M	$324.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit TAOUSDT	+0.0100%	4h	$53.6M	$84.4M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.2M	$67.9M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$123K	$568K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.4M	$43.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$100.9M	$103.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.4M	$19.7M	75x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.0M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$289K	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	$9K	$17K	20x	as long as short
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	$118K	$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	$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	+0.0116%	8h	$13K	$376	10x	as long as short
Backpack TAO_USDC_PERP	+0.0141%	1h	$273K	$409K	10x	as long as short
Deribit TAO_USDC-PERPETUALshort	+0.0168%	1h	$34K	$898K	25x
Phoenix TAO	+0.0332%	1h	$306K	$157K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$7.0M	100x	as long as short
Nado TAO-PERP	+0.0414%	1h	$1.1M	$1.1M	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0468% / S −0.0189%	1h	$428K	—	100x	as long as short
01 Exchange TAOUSD	+0.0504%	1h	$3K	$6K	5x	as long as short
RISEx TAO/USDC	+0.0553%	1h	$335K	$423K	5x	as long as short
Reya TAORUSDPERP	+0.0692%	1h	$332	—	20x	as long as short
Lighter TAO	+0.0792%	1h	$1.4M	$1.9M	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0920%	1h	$1.4M	$4.2M	50x
Hyperliquid TAO	+0.1039%	1h	$79.2M	$52.1M	5x	as long as short
Injective TAO/USDC PERP	+0.3912%	1h	$21K	$87K	12x	as long as short