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 14:00 UTC−0.0263%/8h
next payment, per $10,000−$0.33paid, last 24h−0.080%paid, last 3 days−0.187%to open and close $10k−$62
Long on PhoenixShort on Arcus
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TAO284.800.0363pay 0.0045% / 1h33m 21s$301K$148K5x
ShortArcus TAO-USD285.490.0100get 0.0013% / 1h33m 21s$122K$570K5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$55.18
Slippage, 4 orders
−$50.79
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$117.47
Break-even
never at this rate
Slippage from Phoenix: live order book, 20 min ago; Arcus: live order book, 22 min ago.

Price risk

price view
Price gap now
+0.242%
Avg gap 7d
−0.070%
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 Phoenix live order book, 20 min ago3.54 bp13.0 bp −$1325.2 bp −$252doesn't fitdoesn't fit
Sell Arcus live order book, 22 min ago11.95 bp16.5 bp −$1729.5 bp −$295doesn't fitdoesn't fit

TAO on 41 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0012%1h$18K—150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0072%1h$25K$868K25xas long as short
Popdex TAOUSDT+0.0096%1h$40K$443K20xas long as short
dYdX TAO-USD+0.0097%1h$73K$55K5xas long as short
Katana Perps TAO-USD+0.0100%8h$1K$262K5xas long as short
Aster TAOUSDT+0.0100%4h$1.8M$4.7M50xas long as short
Pacifica TAO+0.0100%1h$332K$377K10xas long as short
Binance TAOUSDT+0.0100%4h$80.1M$307.5M75xas long as short
Bybit TAOUSDT+0.0100%4h$51.6M$80.7M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h$23.1M$64.6M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus TAO-USDshort+0.0100%1h$122K$570K5x
Gate TAO_USDT+0.0100%4h$11.3M$44.7M50xas long as short
MEXC TAO_USDT+0.0100%4h$114.3M$94.6M300xas long as short
KuCoin TAOUSDTM+0.0100%4h$17.3M$17.8M75xas long as short
Bitget TAOUSDT+0.0100%4h$32.3M$34.2M50xas long as short
BingX TAO-USDT+0.0100%4h—$28.0M—as long as short
Backpack TAO_USDC_PERP+0.0100%1h$283K$274K10xas long as short
Variational Omni TAO+0.0100%4h$3.3M$4.5M—as long as short
edgeX TAOUSDC+0.0100%4h$32K$286K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h$44K$266K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h$73K$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
Nado TAO-PERP+0.0281%1h$1.1M$1.1M10xas long as short
Hyperliquid TAO+0.0303%1h$75.9M$47.5M5xas long as short
Lighter TAO+0.0328%1h$1.3M$1.8M5xas long as short
BloFin TAO-USDT+0.0340%4h$4.0M$6.9M100xas long as short
Phoenix TAOlong+0.0363%1h$301K$148K5x
Kraken Futures PF_TAOUSD+0.0450%1h$5.5M$13.1M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0470% / S −0.0193%1h$426K—100xas long as short
RISEx TAO/USDC+0.0556%1h$321K$396K5xas long as short
Reya TAORUSDPERP+0.0692%1h$328—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