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

TAO

all TAO markets
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Funding spread now, next payment 16:00 UTC−0.0510%/8h
paid, last 24h−0.091%paid, last 7 days−0.307%to open and close $10k−$37
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.307% in total (about -16.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TAO290.300.0610pay 0.0076% / 1h4m 56s$80.1M$52.5M5x
ShortedgeX TAOUSDC289.420.0100get 0.0050% / 4h4m 56s$32K$287K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$107.17
Slippage, 4 orders
−$19.05
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$144.22
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; edgeX: live order book, 44 min ago.

Price risk

price view
Price gap now
−0.304%
Avg gap 7d
−0.043%
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 Hyperliquid live order book, 10 min ago0.69 bp9.2 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 44 min ago5.24 bp9.7 bp −$1025.2 bp −$252doesn't fitdoesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.2448%1h$152K$010xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0010%1h$16K150xas long as short
Bitget TAOUSDT+0.0036%4h$32.7M$36.4M50xas long as short
Popdex TAOUSDT+0.0096%1h$47K$456K20xas long as short
Gate TAO_USDT+0.0096%4h$11.4M$46.5M50xas long as short
Katana Perps TAO-USD+0.0100%8h$635$290K5xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$4.9M50xas long as short
Pacifica TAO+0.0100%1h$337K$369K10xas long as short
Binance TAOUSDT+0.0100%4h$81.9M$323.5M75xas long as short
Bybit TAOUSDT+0.0100%4h$54.1M$85.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX TAO-USDT-SWAP+0.0100%8h$23.3M$68.1M50xas long as short
Arcus TAO-USD+0.0100%1h$123K$570K5xas long as short
MEXC TAO_USDT+0.0100%4h$109.8M$103.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$18.1M$18.7M75xas long as short
BingX TAO-USDT+0.0100%4h$29.2Mas long as short
Backpack TAO_USDC_PERP+0.0100%1h$302K$401K10xas long as short
Variational Omni TAO+0.0100%4h$3.4M$4.6Mas long as short
edgeX TAOUSDCshort+0.0100%4h$32K$287K10x
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$76K$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$118K$313K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.5M50xas long as short
Extended TAO-USD+0.0104%1h$780K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$160K$9983xas long as short
Paradex TAO-USD-PERP+0.0109%8h$13K$37610xas long as short
dYdX TAO-USD+0.0119%1h$73K$55K5xas long as short
Lighter TAO+0.0128%1h$1.4M$1.9M5xas long as short
Nado TAO-PERP+0.0215%1h$1.1M$1.1M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0235%1h$33K$908K25xas long as short
Kraken Futures PF_TAOUSD+0.0283%1h$5.5M$13.6M50xas long as short
01 Exchange TAOUSD+0.0288%1h$3K$6K5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.2M100xas long as short
Phoenix TAO+0.0364%1h$307K$149K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0469% / S −0.0189%1h$429K100xas long as short
RISEx TAO/USDC+0.0517%1h$330K$420K5xas long as short
Hyperliquid TAOlong+0.0610%1h$80.1M$52.5M5x
Reya TAORUSDPERP+0.0692%1h$33420xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.4M$4.2M50xas long as short
Injective TAO/USDC PERP+0.3146%1h$21K$125K12xas long as short