TAO

Alert

Funding spread now, next payment 14:00 UTC+0.0271%/8h

paid, last 24h+0.080%paid, last 7 days+0.145%to open and close $10k−$61

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.5% 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	Gate TAO_USDT	283.90	0.0092	pay 0.0046% / 4h	1h 40m	$11.2M	$44.5M	50x
Short	Phoenix TAO	284.10	0.0363	get 0.0045% / 1h	40m 35s	$301K	$148K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee PhoenixbpOrdersRate

Funding earned: $56.86
Slippage, 4 orders: −$39.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$4.4
Break-even: 7.5 days

Slippage from Gate: live order book, 5 min ago; Phoenix: live order book, 12 min ago.

Price risk

price view

Price gap now: +0.070%
Avg gap 7d: +0.176%

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 Gate live order book, 5 min ago	1.76 bp	13.7 bp −$14	32.8 bp −$328	56.7 bp −$5,669	88.0 bp −$44.0K
Sell Phoenix live order book, 12 min ago	3.54 bp	18.2 bp −$18	23.0 bp −$230	doesn't fit	doesn't fit

TAO on 41 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0011%	1h	$17K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0007%	1h	$25K	$867K	25x	as long as short
Gate TAO_USDTlong	+0.0092%	4h	$11.2M	$44.5M	50x
Popdex TAOUSDT	+0.0096%	1h	$40K	$443K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$1K	$260K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.8M	$4.7M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$331K	$386K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$79.5M	$307.0M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$51.4M	$80.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.0M	$64.3M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus TAO-USD	+0.0100%	1h	$123K	$568K	5x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$113.2M	$94.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$17.2M	$17.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.2M	$34.2M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.1M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$283K	$274K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.3M	$4.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$286K	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	$72K	$1.1M	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$10K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$51K	$146K	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	$115K	$308K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0104%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$787K	$1.2M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$156K	$998	3x	as long as short
dYdX TAO-USD	+0.0133%	1h	$72K	$55K	5x	as long as short
Bulk TAO-USD	+0.0208%	1h	$148K	$0	10x	as long as short
Hyperliquid TAO	+0.0253%	1h	$75.0M	$47.2M	5x	as long as short
Nado TAO-PERP	+0.0295%	1h	$1.1M	$1.1M	10x	as long as short
Lighter TAO	+0.0304%	1h	$1.3M	$1.8M	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.0M	$6.9M	100x	as long as short
Phoenix TAOshort	+0.0363%	1h	$301K	$148K	5x
Kraken Futures PF_TAOUSD	+0.0450%	1h	$5.5M	$13.1M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0470% / S −0.0193%	1h	$425K	—	100x	as long as short
RISEx TAO/USDC	+0.0556%	1h	$319K	$396K	5x	as long as short
Reya TAORUSDPERP	+0.0691%	1h	$326	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.1000%	1h	$1.4M	$4.1M	50x	as long as short
Injective TAO/USDC PERP	+0.1765%	1h	$21K	$125K	12x	as long as short