TAO

Alert

Funding spread now, next payment 19:00 UTC+0.0357%/8h

paid, last 24h0.000%paid, last 5 days+0.085%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 0.085% in total (about 6.5% 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	HTX TAO-USDT	282.62	0.0100	pay 0.0050% / 4h	1h 32m	$116K	$323K	20x
Short	Backpack TAO_USDC_PERP	283.01	0.0457	get 0.0057% / 1h	32m 02s	$395K	$500K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BackpackbpOrdersRate

Funding earned: $75.05
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: $53.05
Break-even: 2.1 days

Slippage unknown: HTX: live order book, 2 min ago; Backpack: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.138%
Avg gap 7d: +0.161%

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 HTX live order book, 2 min ago	17.19 bp	106.3 bp −$106	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 3 min ago	0.18 bp	12.6 bp −$13	22.1 bp −$221	doesn't fit	doesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_TAOUSD	−0.0383%	1h	$5.1M	$13.6M	50x	as long as short
Bulk TAO-USD	−0.0265%	1h	$184K	$36K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$72K	$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	$1.3M	$2.1M	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$40K	$455K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$901	$310K	5x	as long as short
Nado TAO-PERP	+0.0100%	1h	$993K	$1.2M	10x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.8M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$327K	$373K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance TAOUSDT	+0.0100%	4h	$75.9M	$323.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$49.0M	$84.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.3M	$66.9M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$124K	$579K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.1M	$43.6M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$101.0M	$103.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$16.8M	$19.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$31.9M	$35.8M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.8M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$2.8M	$5.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$271K	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	$80K	$599K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$10K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$55K	$196K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$2K	$1.6M	20x	as long as short
HTX TAO-USDTlong	+0.0100%	4h	$116K	$323K	20x
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.5M	50x	as long as short
Paradex TAO-USD-PERP	+0.0102%	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	$155K	$998	3x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0104%	1h	$33K	$955K	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	+0.0410%	1h	$77.7M	$53.4M	5x	as long as short
Phoenix TAO	+0.0456%	1h	$301K	$160K	5x	as long as short
Backpack TAO_USDC_PERPshort	+0.0457%	1h	$395K	$500K	10x
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0199%	1h	$430K	—	100x	as long as short
RISEx TAO/USDC	+0.0633%	1h	$316K	$441K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$325	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0896%	1h	$1.4M	$3.8M	50x	as long as short
Injective TAO/USDC PERP	+0.3836%	1h	$21K	$59K	12x	as long as short