data as of
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TAO

all TAO markets
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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 20:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days+0.550%to open and close $10k−$63
Long on PhemexShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex TAOUSDT288.240.0100pay 0.0050% / 4h3h 42m$3.0M$7.4M50x
ShortBybit TAOUSDT288.850.0100get 0.0050% / 4h3h 42m$53.7M$84.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$40.22
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$63.22
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.212%
Avg gap 7d
+0.022%
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, 2 min ago5.74 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.17 bp8.4 bp −$816.2 bp −$16241.6 bp −$4,163doesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk TAO-USD−0.1169%1h$150K$010xas long as short
dYdX TAO-USD0.0000%1h$73K$41K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0008%1h$14K—150xas long as short
Kraken Futures PF_TAOUSD+0.0047%1h$5.4M$14.0M50xas long as short
Bitget TAOUSDT+0.0054%4h$32.7M$36.5M50xas long as short
Popdex TAOUSDT+0.0096%1h$50K$458K20xas long as short
Katana Perps TAO-USD+0.0100%8h$633$303K5xas long as short
Aster TAOUSDT+0.0100%4h$1.6M$5.0M50xas long as short
Pacifica TAO+0.0100%1h$334K$371K10xas long as short
Binance TAOUSDT+0.0100%4h$80.8M$324.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit TAOUSDTshort+0.0100%4h$53.7M$84.4M50x
OKX TAO-USDT-SWAP+0.0100%8h$23.2M$68.0M50xas long as short
Arcus TAO-USD+0.0100%1h$123K$568K5xas long as short
Gate TAO_USDT+0.0100%4h$11.4M$43.5M50xas long as short
MEXC TAO_USDT+0.0100%4h$101.4M$103.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$18.4M$19.7M75xas long as short
BingX TAO-USDT+0.0100%4h—$28.0M—as long as short
Variational Omni TAO+0.0100%4h$3.4M$4.6M—as long as short
edgeX TAOUSDC+0.0100%4h$32K$289K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$43K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$75K$1.1M5xas long as short
Bullet TAO-USD+0.0100%1h$9K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h$52K$146K10xas long as short
SunX TAO-USDT+0.0100%4h$1K$1.6M20xas long as short
HTX TAO-USDT+0.0100%4h$118K$314K20xas long as short
Phemex TAOUSDTlong+0.0100%4h$3.0M$7.4M50x
Extended TAO-USD+0.0104%1h$775K$1.3M25xas long as short
Aevo TAO-PERP+0.0104%1h$158K$9983xas long as short
Paradex TAO-USD-PERP+0.0116%8h$13K$37610xas long as short
Backpack TAO_USDC_PERP+0.0141%1h$273K$409K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0168%1h$34K$898K25xas long as short
Phoenix TAO+0.0332%1h$306K$157K5xas long as short
BloFin TAO-USDT+0.0340%4h$4.1M$7.0M100xas long as short
Nado TAO-PERP+0.0414%1h$1.1M$1.1M10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0468% / S −0.0189%1h$428K—100xas long as short
01 Exchange TAOUSD+0.0504%1h$3K$6K5xas long as short
RISEx TAO/USDC+0.0553%1h$335K$423K5xas long as short
Reya TAORUSDPERP+0.0692%1h$332—20xas long as short
Lighter TAO+0.0792%1h$1.4M$1.9M5xas long as short
Coinbase International TAO-PERP-INTX+0.0920%1h$1.4M$4.2M50xas long as short
Hyperliquid TAO+0.1039%1h$79.2M$52.1M5xas long as short
Injective TAO/USDC PERP+0.3912%1h$21K$87K12xas long as short