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

TAO

all TAO markets
SwapPrice view
Alert
Measured
My alerts

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 19:00 UTC+0.0482%/8h
paid, last 24h−0.169%paid, last 7 days−0.729%to open and close $10k−$71
Long on Kraken FuturesShort on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TAOUSD283.88−0.0382get 0.0048% / 1h18m 04s$5.1M$13.2M50x
ShortPhemex TAOUSDT283.760.0100get 0.0050% / 4h1h 18m$3.0M$7.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$101.2
Slippage, 4 orders
−$48.74
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
$30.46
Break-even
4.9 days
Slippage from Kraken Futures: live order book, 2 min ago; Phemex: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.042%
Avg gap 7d
−0.035%
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, 2 min ago4.76 bp14.2 bp −$1423.8 bp −$238179.0 bp −$17.9Kdoesn't fit
Sell Phemex live order book, 2 min ago7.94 bp23.8 bp −$24doesn't fitdoesn't fitdoesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_TAOUSDlong−0.0382%1h$5.1M$13.2M50x
Bulk TAO-USD−0.0069%1h$184K$36K10xas long as short
dYdX TAO-USD0.0000%1h$73K$35K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0015%1h$21K—150xas long as short
Lighter TAO+0.0096%1h$1.2M$2.1M5xas long as short
Popdex TAOUSDT+0.0096%1h$40K$454K20xas long as short
Katana Perps TAO-USD+0.0100%8h$907$309K5xas long as short
Nado TAO-PERP+0.0100%1h$999K$1.2M10xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$329K$373K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance TAOUSDT+0.0100%4h$76.0M$322.4M75xas long as short
Bybit TAOUSDT+0.0100%4h$48.9M$84.1M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$22.4M$66.8M50xas long as short
Arcus TAO-USD+0.0100%1h$124K$579K5xas long as short
Gate TAO_USDT+0.0100%4h$11.2M$43.7M50xas long as short
MEXC TAO_USDT+0.0100%4h$102.5M$103.7M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$16.8M$19.7M75xas long as short
Bitget TAOUSDT+0.0100%4h$31.9M$35.7M50xas long as short
BingX TAO-USDT+0.0100%4h—$28.9M—as long as short
Variational Omni TAO+0.0100%4h$2.8M$5.2M—as long as short
edgeX TAOUSDC+0.0100%4h$37K$271K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$81K$562K5xas long as short
Bullet TAO-USD+0.0100%1h$10K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$55K$196K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$116K$323K20xas long as short
Phemex TAOUSDTshort+0.0100%4h$3.0M$7.4M50x
Paradex TAO-USD-PERP+0.0102%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$750K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$156K$9983xas long as short
Deribit TAO_USDC-PERPETUAL+0.0182%1h$33K$942K25xas long as short
01 Exchange TAOUSD+0.0296%1h$3K$4K5xas long as short
BloFin TAO-USDT+0.0340%4h$3.9M$7.0M100xas long as short
Hyperliquid TAO+0.0421%1h$78.0M$53.1M5xas long as short
Phoenix TAO+0.0456%1h$300K$160K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0477% / S −0.0199%1h$432K—100xas long as short
Backpack TAO_USDC_PERP+0.0488%1h$396K$500K10xas long as short
RISEx TAO/USDC+0.0633%1h$317K$441K5xas long as short
Reya TAORUSDPERP+0.0693%1h$326—20xas long as short
Coinbase International TAO-PERP-INTX+0.0896%1h$1.4M$3.7M50xas long as short
Injective TAO/USDC PERP+0.3836%1h$21K$59K12xas long as short