TAO

Alert

Funding spread now, next payment 13:00 UTC−0.0317%/8h

paid, last 24h−0.079%paid, last 7 days−0.127%to open and close $10k−$66

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% 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	285.60	0.0417	pay 0.0052% / 1h	28m 26s	$317K	$134K	5x
Short	KuCoin TAOUSDTM	285.08	0.0100	get 0.0050% / 4h	2h 28m	$16.8M	$17.1M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee KuCoinbpOrdersRate

Funding earned: −$66.47
Slippage, 4 orders: −$47.17
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$132.64
Break-even: never at this rate

Slippage from Phoenix: live order book, 29 min ago; KuCoin: live order book, 7 min ago.

Price risk

price view

Price gap now: −0.182%
Avg gap 7d: −0.134%

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, 29 min ago	3.47 bp	15.6 bp −$16	25.0 bp −$250	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	0.35 bp	17.7 bp −$18	34.3 bp −$343	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	−0.0079%	1h	$150K	$3K	10x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0011%	1h	$17K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0023%	1h	$17K	$863K	25x	as long as short
dYdX TAO-USD	+0.0047%	1h	$73K	$54K	5x	as long as short
Gate TAO_USDT	+0.0074%	4h	$11.2M	$43.4M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	$36K	$440K	20x	as long as short
Pacifica TAO	+0.0100%	1h	$343K	$349K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	$81.2M	$297.9M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	$51.3M	$77.0M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	$23.1M	$62.9M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus TAO-USD	+0.0100%	1h	$133K	$538K	5x	as long as short
MEXC TAO_USDT	+0.0100%	4h	$115.5M	$89.5M	300x	as long as short
KuCoin TAOUSDTMshort	+0.0100%	4h	$16.8M	$17.1M	75x
Bitget TAOUSDT	+0.0100%	4h	$32.0M	$33.1M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	—	$27.5M	—	as long as short
Backpack TAO_USDC_PERP	+0.0100%	1h	$290K	$266K	10x	as long as short
Variational Omni TAO	+0.0100%	4h	$3.4M	$4.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	$32K	$284K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	$45K	$264K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	$74K	$1.2M	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	$51K	$145K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	$1K	$1.5M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	$118K	$292K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	$3.0M	$7.7M	50x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	$2K	$243K	5x	as long as short
Paradex TAO-USD-PERP	+0.0103%	8h	$13K	$376	10x	as long as short
Extended TAO-USD	+0.0104%	1h	$745K	$1.0M	25x	as long as short
Aevo TAO-PERP	+0.0104%	1h	$157K	—	3x	as long as short
Lighter TAO	+0.0232%	1h	$1.3M	$1.6M	5x	as long as short
01 Exchange TAOUSD	+0.0304%	1h	$5K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	$4.1M	$6.7M	100x	as long as short
Nado TAO-PERP	+0.0346%	1h	$1.1M	$1.1M	10x	as long as short
Phoenix TAOlong	+0.0417%	1h	$317K	$134K	5x
Kraken Futures PF_TAOUSD	+0.0469%	1h	$5.3M	$12.5M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0473% / S −0.0193%	1h	$425K	—	100x	as long as short
Aster TAOUSDT	+0.0487%	4h	$2.1M	$3.8M	50x	as long as short
RISEx TAO/USDC	+0.0523%	1h	$314K	$386K	5x	as long as short
Reya TAORUSDPERP	+0.0691%	1h	$326	—	20x	as long as short
Hyperliquid TAO	+0.0737%	1h	$76.4M	$44.9M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	$1.5M	$4.2M	50x	as long as short
Injective TAO/USDC PERP	+0.1683%	1h	$21K	$163K	12x	as long as short