TAO

Alert

Funding spread now, next payment 19:00 UTC+0.0479%/8h

next payment, per $10,000+$0.60paid, last 24h−0.169%paid, last 7 days−0.163%to open and close $10k−$53

Long on Kraken Futures Short on ApeX Omni

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 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	Kraken Futures PF_TAOUSD	285.89	−0.0379	get 0.0047% / 1h	7m 38s	$5.2M	$13.2M	50x
Short	ApeX Omni TAOUSDT	285.28	0.0100	get 0.0013% / 1h	7m 38s	$43K	$265K	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ApeX OmnibpOrdersRate

Funding earned: $100.63
Slippage, 4 orders: −$33.09
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $47.55
Break-even: 3.7 days

Slippage from Kraken Futures: live order book, 3 min ago; ApeX Omni: live order book, 26 min ago.

Price risk

price view

Price gap now: −0.215%
Avg gap 7d: −0.004%

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 Kraken Futures live order book, 3 min ago	4.03 bp	10.7 bp −$11	19.4 bp −$194	163.4 bp −$16.3K	doesn't fit
Sell ApeX Omni live order book, 26 min ago	5.84 bp	13.7 bp −$14	104.0 bp −$1,040	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_TAOUSDlong	−0.0379%	1h	$5.2M	$13.2M	50x
Bulk TAO-USD	−0.0257%	1h	$183K	$38K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$35K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0015%	1h	$21K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0082%	1h	$35K	$943K	25x	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	$1K	$309K	5x	as long as short
Nado TAO-PERP	+0.0100%	1h	$1.0M	$1.2M	10x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$4.7M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica TAO	+0.0100%	1h	$331K	$370K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$76.6M	$322.4M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$49.2M	$84.1M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.4M	$67.2M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$125K	$579K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.3M	$43.9M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$103.9M	$103.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$16.9M	$19.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	$32.2M	$35.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.9M	—	as long as short
Variational Omni TAO	+0.0100%	4h	$2.8M	$5.1M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$270K	10x	as long as short
ApeX Omni TAOUSDTshort	+0.0100%	1h	$43K	$265K	50x
Polymarket Perps TAO-USD	+0.0100%	1h	$82K	$556K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$55K	$195K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$2K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$321K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.4M	50x	as long as short
Paradex TAO-USD-PERP	+0.0101%	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	$157K	$998	3x	as long as short
01 Exchange TAOUSD	+0.0280%	1h	$3K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$3.9M	$7.0M	100x	as long as short
Phoenix TAO	+0.0456%	1h	$303K	$160K	5x	as long as short
Hyperliquid TAO	+0.0464%	1h	$78.7M	$53.0M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0479% / S −0.0199%	1h	$435K	—	100x	as long as short
Backpack TAO_USDC_PERP	+0.0510%	1h	$400K	$500K	10x	as long as short
RISEx TAO/USDC	+0.0633%	1h	$319K	$442K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$329	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0896%	1h	$1.4M	$3.7M	50x	as long as short
Injective TAO/USDC PERP	+0.3836%	1h	$21K	$59K	12x	as long as short