TAO

Alert

Funding spread now, next payment 13:00 UTC−0.0908%/8h

paid, last 24h−0.144%paid, last 7 days−0.474%to open and close $10k−$47

Long on Coinbase International Short on OKX

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.474% in total (about -24.7% 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	286.88	0.1008	pay 0.0126% / 1h	30m 51s	$1.5M	$4.2M	50x
Short	OKX TAO-USDT-SWAP	284.60	0.0100	get 0.0100% / 8h	2h 30m	$23.1M	$63.1M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee OKXbpOrdersRate

Funding earned: −$190.68
Slippage, 4 orders: −$27
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$237.68
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; OKX: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.795%
Avg gap 7d: −0.180%

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	7.33 bp	14.4 bp −$14	19.4 bp −$194	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.75 bp	8.7 bp −$9	17.2 bp −$172	49.0 bp −$4,896	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	−0.0079%	1h	$150K	$3K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	0.0000%	1h	$15K	$860K	25x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0011%	1h	$17K	—	150x	as long as short
dYdX TAO-USD	+0.0035%	1h	$74K	$54K	5x	as long as short
Gate TAO_USDT	+0.0050%	4h	$11.2M	$43.3M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$37K	$440K	20x	as long as short
Pacifica TAO	+0.0100%	1h	$344K	$349K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.4M	$297.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$51.5M	$76.8M	50x	as long as short
OKX TAO-USDT-SWAPshort	+0.0100%	8h	$23.1M	$63.1M	50x

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus TAO-USD	+0.0100%	1h	$134K	$538K	5x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$114.6M	$89.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$16.8M	$17.1M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.1M	$33.1M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$27.5M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$286K	$264K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$284K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$45K	$264K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$74K	$1.2M	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$51K	$145K	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	$119K	$289K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.7M	50x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$2K	$241K	5x	as long as short
Paradex TAO-USD-PERP	+0.0102%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$745K	$1.0M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$158K	—	3x	as long as short
Lighter TAO	+0.0232%	1h	$1.3M	$1.6M	5x	as long as short
01 Exchange TAOUSD	+0.0296%	1h	$5K	$4K	5x	as long as short
Nado TAO-PERP	+0.0336%	1h	$1.1M	$1.1M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$6.7M	100x	as long as short
Phoenix TAO	+0.0417%	1h	$317K	$134K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0468%	1h	$5.3M	$12.4M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0473% / S −0.0193%	1h	$426K	—	100x	as long as short
Aster TAOUSDT	+0.0519%	4h	$2.1M	$3.8M	50x	as long as short
RISEx TAO/USDC	+0.0523%	1h	$316K	$386K	5x	as long as short
Reya TAORUSDPERP	+0.0691%	1h	$328	—	20x	as long as short
Hyperliquid TAO	+0.0732%	1h	$76.7M	$44.8M	5x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.1008%	1h	$1.5M	$4.2M	50x
Injective TAO/USDC PERP	+0.1683%	1h	$21K	$163K	12x	as long as short