TAO

Alert

Funding spread now, next payment 18:00 UTC−0.0796%/8h

paid, last 24h−0.181%paid, last 7 days−0.595%to open and closeno order book

Long on Coinbase International Short on Orderly

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TAO-PERP-INTX	285.42	0.0896	pay 0.0112% / 1h	10m 40s	$1.4M	$3.7M	50x
Short	Orderly PERP_TAO_USDC	284.79	0.0100	get 0.0050% / 4h	1h 10m	$55K	$196K	10x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee OrderlybpOrdersRate

Funding earned: −$167.16
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$183.16
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.221%
Avg gap 7d: −0.164%

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	6.15 bp	13.7 bp −$14	19.5 bp −$195	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAO on 42 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_TAOUSD	−0.0380%	1h	$5.2M	$13.2M	50x	as long as short
Bulk TAO-USD	−0.0257%	1h	$183K	$38K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$35K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0015%	1h	$21K	—	150x	as long as short
Lighter TAO	+0.0096%	1h	$1.2M	$2.1M	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$40K	$454K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$309K	5x	as long as short
Nado TAO-PERP	+0.0100%	1h	$999K	$1.2M	10x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.7M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$330K	$373K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance TAOUSDT	+0.0100%	4h	$76.5M	$322.0M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$49.2M	$84.0M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.4M	$67.1M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$125K	$579K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.2M	$43.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$102.9M	$103.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$16.9M	$19.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.1M	$35.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.9M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$2.8M	$5.1M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$270K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$43K	$265K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$81K	$559K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$10K	$17K	20x	as long as short
Orderly PERP_TAO_USDCshort	+0.0100%	4h	$55K	$196K	10x
SunX TAO-USDT	+0.0100%	4h	$2K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$323K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.4M	50x	as long as short
Paradex TAO-USD-PERP	+0.0101%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$754K	$1.3M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$156K	$998	3x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0115%	1h	$33K	$942K	25x	as long as short
01 Exchange TAOUSD	+0.0288%	1h	$3K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$3.9M	$7.0M	100x	as long as short
Hyperliquid TAO	+0.0456%	1h	$78.4M	$53.2M	5x	as long as short
Phoenix TAO	+0.0456%	1h	$302K	$160K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0478% / S −0.0199%	1h	$433K	—	100x	as long as short
Backpack TAO_USDC_PERP	+0.0502%	1h	$398K	$500K	10x	as long as short
RISEx TAO/USDC	+0.0633%	1h	$318K	$441K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$327	—	20x	as long as short
Coinbase International TAO-PERP-INTXlong	+0.0896%	1h	$1.4M	$3.7M	50x
Injective TAO/USDC PERP	+0.3836%	1h	$21K	$59K	12x	as long as short