data as of
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TAO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 15:00 UTC−0.0350%/8h
paid, last 24h−0.162%paid, last 7 days−0.144%to open and close $10k−$37
Long on Kraken FuturesShort on BingX
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TAOUSD284.740.0450pay 0.0056% / 1h36m 03s$5.5M$13.1M50x
ShortBingX TAO-USDT284.640.0100get 0.0050% / 4h1h 36m—$28.0M—

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$73.4
Slippage, 4 orders
−$17.46
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$110.85
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; BingX: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.035%
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 Kraken Futures live order book, 4 min ago2.99 bp14.0 bp −$1424.0 bp −$240577.7 bp −$57.8Kdoesn't fit
Sell BingX live order book, 9 min ago0.71 bp8.5 bp −$812.6 bp −$12623.6 bp −$2,35858.2 bp −$29.1K

TAO on 41 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0011%1h$17K—150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0069%1h$25K$868K25xas long as short
Popdex TAOUSDT+0.0096%1h$40K$443K20xas long as short
Katana Perps TAO-USD+0.0100%8h$582$261K5xas long as short
Aster TAOUSDT+0.0100%4h$1.8M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$331K$377K10xas long as short
Binance TAOUSDT+0.0100%4h$79.9M$307.3M75xas long as short
Bybit TAOUSDT+0.0100%4h$51.4M$80.7M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.1M$64.4M50xas long as short
Arcus TAO-USD+0.0100%1h$122K$569K5xas long as short
Show all 41 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h$11.2M$44.6M50xas long as short
MEXC TAO_USDT+0.0100%4h$113.7M$94.5M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.2M$17.8M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.2M$34.2M50xas long as short
BingX TAO-USDTshort+0.0100%4h—$28.0M—
Backpack TAO_USDC_PERP+0.0100%1h$284K$274K10xas long as short
Variational Omni TAO+0.0100%4h$3.3M$4.4M—as long as short
edgeX TAOUSDC+0.0100%4h$32K$285K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$44K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$72K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$10K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$51K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$2K$1.5M20xas long as short
HTX TAO-USDT+0.0100%4h$116K$308K20xas long as short
Phemex TAOUSDT+0.0100%4h$3.0M$7.7M50xas long as short
Bulk TAO-USD+0.0100%1h$149K$010xas long as short
Paradex TAO-USD-PERP+0.0104%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$791K$1.2M25xas long as short
Aevo TAO-PERP+0.0104%1h$156K$9983xas long as short
dYdX TAO-USD+0.0110%1h$72K$55K5xas long as short
Hyperliquid TAO+0.0272%1h$75.2M$47.2M5xas long as short
Nado TAO-PERP+0.0279%1h$1.1M$1.1M10xas long as short
Lighter TAO+0.0320%1h$1.3M$1.8M5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$6.9M100xas long as short
Phoenix TAO+0.0363%1h$301K$148K5xas long as short
Kraken Futures PF_TAOUSDlong+0.0450%1h$5.5M$13.1M50x
GMX TAO/USD [WBTC.b-USDC]L +0.0470% / S −0.0193%1h$426K—100xas long as short
RISEx TAO/USDC+0.0556%1h$320K$396K5xas long as short
Reya TAORUSDPERP+0.0692%1h$327—20xas long as short
Coinbase International TAO-PERP-INTX+0.1000%1h$1.4M$4.1M50xas long as short
Injective TAO/USDC PERP+0.1765%1h$21K$125K12xas long as short