TAO

Alert

Funding spread now, next payment 15:00 UTC−0.0264%/8h

paid, last 24h−0.026%paid, last 5 days+0.009%to open and close $10k−$47

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.009% in total (about 0.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TAO	289.00	0.0364	pay 0.0045% / 1h	58m 11s	$307K	$145K	5x
Short	Aster TAOUSDT	289.11	0.0100	get 0.0050% / 4h	3h 58m	$1.6M	$4.9M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee AsterbpOrdersRate

Funding earned: −$55.42
Slippage, 4 orders: −$32.16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$102.58
Break-even: never at this rate

Slippage from Phoenix: live order book, 49 min ago; Aster: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.039%
Avg gap 7d: −0.104%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 49 min ago	3.49 bp	10.2 bp −$10	22.0 bp −$220	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	2.25 bp	8.6 bp −$9	16.6 bp −$166	doesn't fit	doesn't fit

TAO on 42 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk TAO-USD	−0.2448%	1h	$152K	$0	10x	as long as short
dYdX TAO-USD	0.0000%	1h	$73K	$55K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	$9K	—	150x	as long as short
Bitget TAOUSDT	+0.0046%	4h	$32.6M	$36.5M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.0047%	1h	$5.5M	$13.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$48K	$457K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$591	$294K	5x	as long as short
Aster TAOUSDTshort	+0.0100%	4h	$1.6M	$4.9M	50x
Pacifica TAO	+0.0100%	1h	$334K	$371K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.6M	$324.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.2M	$68.0M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$123K	$570K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.4M	$43.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$100.3M	$101.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.0M	$18.7M	75x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.5M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$301K	$400K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$289K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$43K	$266K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$76K	$1.1M	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$10K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$52K	$146K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$2K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$118K	$313K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.4M	50x	as long as short
Extended TAO-USD	+0.0104%	1h	$780K	$1.3M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$159K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0110%	8h	$13K	$376	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0161%	1h	$33K	$900K	25x	as long as short
Bybit TAOUSDT	+0.0272%	4h	$53.9M	$85.3M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.2M	$7.2M	100x	as long as short
Phoenix TAOlong	+0.0364%	1h	$307K	$145K	5x
Nado TAO-PERP	+0.0460%	1h	$1.1M	$1.1M	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0468% / S −0.0189%	1h	$428K	—	100x	as long as short
Lighter TAO	+0.0536%	1h	$1.4M	$1.9M	5x	as long as short
01 Exchange TAOUSD	+0.0544%	1h	$3K	$6K	5x	as long as short
RISEx TAO/USDC	+0.0553%	1h	$329K	$420K	5x	as long as short
Reya TAORUSDPERP	+0.0692%	1h	$332	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0920%	1h	$1.4M	$4.2M	50x	as long as short
Hyperliquid TAO	+0.1253%	1h	$79.8M	$52.8M	5x	as long as short
Injective TAO/USDC PERP	+0.3912%	1h	$21K	$87K	12x	as long as short