TAO

Alert

Funding spread now, next payment 14:00 UTC+0.0194%/8h

next payment, per $10,000+$0.24paid, last 24h−0.034%paid, last 5 days+0.006%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.006% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. 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	dYdX TAO-USD	284.90	0.0038	pay 0.0005% / 1h	30m 13s	$73K	$54K	5x
Short	Lighter TAO	284.52	0.0232	get 0.0029% / 1h	30m 13s	$1.3M	$1.6M	5x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee LighterbpOrdersRate

Funding earned: $40.74
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $30.74
Break-even: 1.7 days

Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.135%
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 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 dYdX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	2.33 bp	5.7 bp −$6	14.9 bp −$149	doesn't fit	doesn'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.

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	$861K	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-USDlong	+0.0038%	1h	$73K	$54K	5x
Gate TAO_USDT	+0.0058%	4h	$11.2M	$43.3M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$36K	$440K	20x	as long as short
Pacifica TAO	+0.0100%	1h	$343K	$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	$51.4M	$76.9M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.1M	$63.1M	50x	as long as short

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	$114.7M	$89.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$16.9M	$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	$1K	$1.5M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$119K	$290K	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	$157K	—	3x	as long as short
Lighter TAOshort	+0.0232%	1h	$1.3M	$1.6M	5x
01 Exchange TAOUSD	+0.0304%	1h	$5K	$4K	5x	as long as short
Nado TAO-PERP	+0.0340%	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	+0.0469%	1h	$5.4M	$12.4M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0472% / S −0.0193%	1h	$425K	—	100x	as long as short
Aster TAOUSDT	+0.0506%	4h	$2.1M	$3.8M	50x	as long as short
RISEx TAO/USDC	+0.0523%	1h	$315K	$386K	5x	as long as short
Reya TAORUSDPERP	+0.0691%	1h	$327	—	20x	as long as short
Hyperliquid TAO	+0.0728%	1h	$76.7M	$44.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	$1.5M	$4.2M	50x	as long as short
Injective TAO/USDC PERP	+0.1683%	1h	$21K	$163K	12x	as long as short