TAO

Alert

Funding spread now, next payment 16:00 UTC−0.0455%/8h

next payment, per $10,000−$0.57paid, last 24h−0.087%paid, last 7 days−0.223%to open and close $10k−$109

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 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	Hyperliquid TAO	286.69	0.0559	pay 0.0070% / 1h	55m 41s	$75.8M	$48.7M	5x
Short	Aevo TAO-PERP	286.72	0.0104	get 0.0013% / 1h	55m 41s	$157K	$998	3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee AevobpOrdersRate

Funding earned: −$95.59
Slippage, 4 orders: −$83.54
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$204.13
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 9 min ago; Aevo: live order book, 59 min ago.

Price risk

price view

Price gap now: +0.013%
Avg gap 7d: −0.052%

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 Hyperliquid live order book, 9 min ago	1.05 bp	8.5 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 59 min ago	33.06 bp	46.0 bp −$46	260.7 bp −$2,607	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
Bulk TAO-USD	−0.0170%	1h	$149K	$0	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$55K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	0.0000%	1h	$24K	$878K	25x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0012%	1h	$18K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$42K	$447K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$2K	$274K	5x	as long as short
Nado TAO-PERP	+0.0100%	1h	$1.1M	$1.1M	10x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.7M	$4.7M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$333K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$80.9M	$312.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit TAOUSDT	+0.0100%	4h	$52.1M	$81.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.1M	$65.5M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$123K	$570K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.3M	$44.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$108.6M	$96.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$17.4M	$18.0M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.3M	$34.8M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.5M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$3.3M	$4.5M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$285K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$44K	$266K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$73K	$1.1M	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	$51K	$146K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$1K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$310K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0103%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$772K	$1.3M	25x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	$157K	$998	3x
Lighter TAO	+0.0128%	1h	$1.3M	$1.8M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0157%	1h	$402K	$339K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0287%	1h	$5.6M	$13.2M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$6.9M	100x	as long as short
Phoenix TAO	+0.0363%	1h	$303K	$149K	5x	as long as short
01 Exchange TAOUSD	+0.0376%	1h	$5K	$4K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0471% / S −0.0193%	1h	$429K	—	100x	as long as short
RISEx TAO/USDC	+0.0517%	1h	$323K	$399K	5x	as long as short
Hyperliquid TAOlong	+0.0559%	1h	$75.8M	$48.7M	5x
Reya TAORUSDPERP	+0.0692%	1h	$330	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0920%	1h	$1.5M	$4.2M	50x	as long as short
Injective TAO/USDC PERP	+0.3146%	1h	$21K	$125K	12x	as long as short