TAO

Alert

Funding spread now, next payment 17:00 UTC−0.0372%/8h

next payment, per $10,000−$0.47paid, last 24h−0.086%paid, last 7 days−0.076%to open and close $10k−$38

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 per $10,000. 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	285.20	0.0476	pay 0.0060% / 1h	52m 33s	$303K	$159K	5x
Short	Extended TAO-USD	284.82	0.0104	get 0.0013% / 1h	52m 33s	$767K	$1.3M	25x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ExtendedbpOrdersRate

Funding earned: −$78.16
Slippage, 4 orders: −$25.6
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$115.76
Break-even: never at this rate

Slippage from Phoenix: live order book, 50 min ago; Extended: live order book, 2 min ago.

Price risk

price view

Price gap now: −0.134%
Avg gap 7d: −0.188%

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, 50 min ago	3.46 bp	7.0 bp −$7	17.3 bp −$173	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	1.40 bp	7.4 bp −$7	9.6 bp −$96	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	$9K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0013%	1h	$5.2M	$13.7M	50x	as long as short
dYdX TAO-USD	+0.0025%	1h	$73K	$44K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0067%	1h	$41K	$934K	25x	as long as short
Bitget TAOUSDT	+0.0086%	4h	$32.1M	$36.4M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$50K	$444K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$625	$316K	5x	as long as short
Aster TAOUSDT	+0.0100%	4h	$1.6M	$5.0M	50x	as long as short
Pacifica TAO	+0.0100%	1h	$329K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$78.2M	$321.0M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit TAOUSDT	+0.0100%	4h	$50.9M	$84.1M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$22.9M	$65.7M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	$122K	$569K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	$11.2M	$42.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$106.2M	$101.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	$18.0M	$19.7M	75x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$28.1M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$326K	$447K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.2M	$4.7M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$37K	$294K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$43K	$265K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$76K	$926K	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	$51K	$172K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$1K	$1.6M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$117K	$318K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.3M	50x	as long as short
Extended TAO-USDshort	+0.0104%	1h	$767K	$1.3M	25x
Aevo TAO-PERP	+0.0104%	1h	$156K	$998	3x	as long as short
Paradex TAO-USD-PERP	+0.0110%	8h	$13K	$376	10x	as long as short
Nado TAO-PERP	+0.0124%	1h	$1.0M	$1.2M	10x	as long as short
Lighter TAO	+0.0136%	1h	$1.3M	$2.1M	5x	as long as short
Bulk TAO-USD	+0.0151%	1h	$149K	$0	10x	as long as short
01 Exchange TAOUSD	+0.0168%	1h	$3K	$4K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0141%	1h	$477K	—	100x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.0M	$6.7M	100x	as long as short
Phoenix TAOlong	+0.0476%	1h	$303K	$159K	5x
Hyperliquid TAO	+0.0600%	1h	$79.2M	$51.0M	5x	as long as short
RISEx TAO/USDC	+0.0673%	1h	$315K	$428K	5x	as long as short
Reya TAORUSDPERP	+0.0693%	1h	$327	—	20x	as long as short
Coinbase International TAO-PERP-INTX	+0.0936%	1h	$1.4M	$3.9M	50x	as long as short
Injective TAO/USDC PERP	+0.3793%	1h	$21K	$59K	12x	as long as short