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Bittensor (TAO) Funding Rate History

Bittensor (TAO) perpetual futures funding ranges from -3.30 bps on DRIFT to 9.30 bps on PARADEX across 28 reporting venues, a spread of 12.60 bps. The most extreme rate (101.84% APY annualized) is on PARADEX. Currently funding signs are mixed: 24 positive, 4 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on TAO price.

TAO Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
PARADEX9.30 bps101.84% APY9.80 bps$8.12K
KUCOIN3.90 bps42.70% APY0.20 bps$5.38M
DRIFT-3.30 bps-36.13% APYn/a$0
CRYPTOCOM-1.90 bps-20.80% APY10.70 bps$21.16K
REYA1.40 bps15.33% APY1.30 bps$891.33
MEXC-1.30 bps-14.23% APY0.20 bps$653.94M
PHOENIX-1.30 bps-14.23% APY-1.10 bps$13.45K
BINANCE1.00 bps10.95% APY0.20 bps$116.87M
BYBIT1.00 bps10.95% APY0.70 bps$38.96M
BITGET1.00 bps10.95% APY0.20 bps$18.62M
OKX1.00 bps10.95% APY1.00 bps$17.09M
BINGX1.00 bps10.95% APY0.90 bps$15.76M
HYPERLIQUID1.00 bps10.95% APY0.80 bps$6.56M
GRVT1.00 bps10.95% APY0.90 bps$2.18M
EDGEX1.00 bps10.95% APY1.00 bps$1.15M
NADO1.00 bps10.95% APY1.60 bps$972.59K
VARIATIONAL1.00 bps10.95% APY0.80 bps$735.78K
ASTER1.00 bps10.95% APY0.90 bps$664.82K
EXTENDED1.00 bps10.95% APY1.20 bps$663.79K
HUOBI1.00 bps10.95% APY6.30 bps$530.23K
LIGHTER1.00 bps10.95% APY2.40 bps$415.37K
PACIFICA1.00 bps10.95% APY0.30 bps$257.82K
RISEX1.00 bps10.95% APY1.30 bps$164.49K
WOOFIPRO1.00 bps10.95% APY-0.10 bps$161.63K
VEST1.00 bps10.95% APY1.00 bps$0
ETHEREAL0.90 bps9.86% APY0.90 bps$101.43K
PHEMEX0.60 bps6.57% APY-1.20 bps$7.17M
DECIBEL0.60 bps6.57% APY0.80 bps$0

Last updated 2026-06-01T15:08:33.895828Z (UTC).

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