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

TAO

all TAO markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 3 days+0.471%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex TAOUSDT282.710.0100pay 0.0050% / 4h32m 03s$3.0M$7.5M50x
ShortBullet TAO-USD283.080.0100get 0.0013% / 1h32m 03s$10K$17K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$20
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Bullet: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.132%
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 Phemex live order book, 3 min ago11.30 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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−0.0681%1h$148K$010xas long as short
Deribit TAO_USDC-PERPETUAL0.0000%1h$36K$905K25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0012%1h$18K150xas long as short
Bitget TAOUSDT+0.0074%4h$31.8M$35.6M50xas long as short
Lighter TAO+0.0096%1h$1.3M$1.8M5xas long as short
Popdex TAOUSDT+0.0096%1h$43K$450K20xas long as short
Gate TAO_USDT+0.0098%4h$11.2M$45.3M50xas long as short
Katana Perps TAO-USD+0.0100%8h$639$280K5xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$4.9M50xas long as short
Pacifica TAO+0.0100%1h$330K$369K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance TAOUSDT+0.0100%4h$79.8M$315.9M75xas long as short
Bybit TAOUSDT+0.0100%4h$51.0M$82.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$22.8M$65.0M50xas long as short
Arcus TAO-USD+0.0100%1h$121K$570K5xas long as short
MEXC TAO_USDT+0.0100%4h$100.5M$98.9M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.2M$18.0M75xas long as short
BingX TAO-USDT+0.0100%4h$28.6Mas long as short
Backpack TAO_USDC_PERP+0.0100%1h$304K$395K10xas long as short
Variational Omni TAO+0.0100%4h$3.3M$4.5Mas long as short
edgeX TAOUSDC+0.0100%4h$32K$287K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$42K$267K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$73K$1.1M5xas long as short
Bullet TAO-USDshort+0.0100%1h$10K$17K20x
Orderly PERP_TAO_USDC+0.0100%4h$51K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$116K$310K20xas long as short
Phemex TAOUSDTlong+0.0100%4h$3.0M$7.5M50x
Paradex TAO-USD-PERP+0.0102%8h$13K$37610xas long as short
Extended TAO-USD+0.0104%1h$758K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$156K$9983xas long as short
01 Exchange TAOUSD+0.0192%1h$5K$4K5xas long as short
Hyperliquid TAO+0.0194%1h$74.2M$49.2M5xas long as short
dYdX TAO-USD+0.0209%1h$72K$55K5xas long as short
Nado TAO-PERP+0.0214%1h$1.0M$1.1M10xas long as short
Kraken Futures PF_TAOUSD+0.0291%1h$5.4M$13.4M50xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.0M100xas long as short
Phoenix TAO+0.0364%1h$301K$149K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0462% / S −0.0189%1h$420K100xas long as short
RISEx TAO/USDC+0.0517%1h$299K$409K5xas long as short
Reya TAORUSDPERP+0.0692%1h$32520xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.4M$4.1M50xas long as short
Injective TAO/USDC PERP+0.3146%1h$21K$125K12xas long as short