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

TAO

all TAO markets
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Funding spread now, next payment 19:00 UTC−0.3736%/8h
paid, last 24h−0.556%paid, last 7 days−3.821%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TAO/USDC PERP286.990.3836pay 0.0480% / 1h0m 50s$21K$59K12x
ShortPhemex TAOUSDT286.070.0100get 0.0050% / 4h1h 00m$3.0M$7.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$784.61
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$796.63
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.321%
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 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 Injective no order-book sample
Sell Phemex live order book, 5 min ago6.30 bp20.5 bp −$20doesn't fitdoesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.1108%1h$184K$38K10xas long as short
Kraken Futures PF_TAOUSD−0.0379%1h$5.2M$13.1M50xas long as short
dYdX TAO-USD0.0000%1h$73K$35K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0015%1h$21K150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0016%1h$34K$944K25xas long as short
Lighter TAO+0.0096%1h$1.3M$2.2M5xas long as short
Popdex TAOUSDT+0.0096%1h$40K$454K20xas long as short
Katana Perps TAO-USD+0.0100%8h$1K$309K5xas long as short
Nado TAO-PERP+0.0100%1h$1.0M$1.2M10xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$4.7M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica TAO+0.0100%1h$331K$370K10xas long as short
Binance TAOUSDT+0.0100%4h$76.7M$322.6M75xas long as short
Bybit TAOUSDT+0.0100%4h$49.3M$84.2M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$22.5M$67.3M50xas long as short
Arcus TAO-USD+0.0100%1h$125K$579K5xas long as short
Gate TAO_USDT+0.0100%4h$11.3M$44.1M50xas long as short
MEXC TAO_USDT+0.0100%4h$104.2M$104.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.0M$19.6M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.2M$35.8M50xas long as short
BingX TAO-USDT+0.0100%4h$29.0Mas long as short
Variational Omni TAO+0.0100%4h$2.8M$5.1Mas long as short
edgeX TAOUSDC+0.0100%4h$37K$272K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$265K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$82K$544K5xas long as short
Bullet TAO-USD+0.0100%1h$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$55K$195K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$117K$303K20xas long as short
Phemex TAOUSDTshort+0.0100%4h$3.0M$7.4M50x
Paradex TAO-USD-PERP+0.0101%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$758K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$157K$9983xas long as short
01 Exchange TAOUSD+0.0280%1h$3K$4K5xas long as short
BloFin TAO-USDT+0.0340%4h$3.9M$7.0M100xas long as short
Phoenix TAO+0.0456%1h$304K$160K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0479% / S −0.0199%1h$435K100xas long as short
Hyperliquid TAO+0.0491%1h$79.2M$53.3M5xas long as short
Backpack TAO_USDC_PERP+0.0509%1h$400K$501K10xas long as short
RISEx TAO/USDC+0.0633%1h$319K$442K5xas long as short
Reya TAORUSDPERP+0.0693%1h$32920xas long as short
Coinbase International TAO-PERP-INTX+0.0896%1h$1.4M$3.7M50xas long as short
Injective TAO/USDC PERPlong+0.3836%1h$21K$59K12x