data as of
Settings8H · net · $10k
Funding arb /

TAO

all TAO markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC+0.0100%/8h
next payment, per $10,000+$0.13paid, last 24h−0.054%paid, last 5 days−0.125%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TAO-USD288.400get 0.0000% / 1h53m 52s$73K$55K5x
ShortBackpack TAO_USDC_PERP287.380.0100get 0.0013% / 1h53m 52s$299K$400K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
$1
Break-even
6.7 days
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 56 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.353%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Backpack live order book, 56 min ago2.26 bp10.3 bp −$1014.7 bp −$147doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.1463%1h$151K$010xas long as short
Gate TAO_USDT−0.0006%4h$11.4M$43.1M50xas long as short
dYdX TAO-USDlong0.0000%1h$73K$55K5x
Deribit TAO_USDC-PERPETUAL0.0000%1h$33K$898K25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h$9K150xas long as short
Bitget TAOUSDT+0.0046%4h$32.5M$36.5M50xas long as short
Kraken Futures PF_TAOUSD+0.0047%1h$5.5M$13.6M50xas long as short
Popdex TAOUSDT+0.0096%1h$47K$458K20xas long as short
Katana Perps TAO-USD+0.0100%8h$2K$295K5xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$4.9M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica TAO+0.0100%1h$333K$371K10xas long as short
Binance TAOUSDT+0.0100%4h$81.3M$324.4M75xas long as short
Bybit TAOUSDT+0.0100%4h$53.4M$84.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.1M$67.5M50xas long as short
Arcus TAO-USD+0.0100%1h$123K$570K5xas long as short
MEXC TAO_USDT+0.0100%4h$99.8M$102.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$20.2M$19.3M75xas long as short
Backpack TAO_USDC_PERPshort+0.0100%1h$299K$400K10x
Variational Omni TAO+0.0100%4h$3.4M$4.6Mas long as short
edgeX TAOUSDC+0.0100%4h$32K$287K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$75K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$10K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$52K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$117K$312K20xas long as short
Extended TAO-USD+0.0104%1h$775K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$158K$9983xas long as short
Paradex TAO-USD-PERP+0.0111%8h$13K$37610xas long as short
BingX TAO-USDT+0.0272%4h$28.7Mas long as short
Phoenix TAO+0.0332%1h$307K$157K5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.1M100xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0467% / S −0.0189%1h$426K100xas long as short
01 Exchange TAOUSD+0.0520%1h$3K$6K5xas long as short
RISEx TAO/USDC+0.0553%1h$328K$421K5xas long as short
Lighter TAO+0.0600%1h$1.4M$1.9M5xas long as short
Nado TAO-PERP+0.0646%1h$1.1M$1.1M10xas long as short
Reya TAORUSDPERP+0.0692%1h$33120xas long as short
Phemex TAOUSDT+0.0808%4h$3.0M$7.4M50xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.4M$4.2M50xas long as short
Hyperliquid TAO+0.1099%1h$79.3M$51.8M5xas long as short
Injective TAO/USDC PERP+0.3912%1h$21K$87K12xas long as short