TAO funding rates and arbitrage
TAO perpetuals trade on 21 contracts across 19 venues, forming 208 cross-venue arbitrage pairs. By net APR the current best pair is long Deribit against short Coinbase, netting +694.56%, though note the legs settle on different cadences (8h / 1h)ใ
TAO perpetual funding rates by venue
APR = current rate ร (24 รท settlement interval) ร 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| Binance | TAOUSDT | USDT | 4h | 0.0050% | +10.95% | +6.26% | $120.3M | 266.330 |
| MEXC | TAO_USDT | USDT | 4h | 0.0050% | +10.95% | +6.22% | $64.8M | 266.410 |
| Bybit | TAOUSDT | USDT | 4h | 0.0050% | +10.95% | +9.88% | $29.5M | 266.380 |
| OKX | TAO-USDT-SWAP | USDT | 8h | 0.0100% | +10.95% | +7.88% | $22.7M | 266.300 |
| WhiteBIT | TAO_PERP | USDT | 4h | 0.0050% | +10.95% | +10.95% | $20.6M | 266.320 |
| BingX | TAO-USDT | USDT | 4h | 0.0050% | +10.95% | +10.55% | $18.2M | 266.410 |
| KuCoin | TAOUSDTM | USDT | 4h | 0.0050% | +10.95% | +10.95% | $16.9M | 266.390 |
| Gate | TAO_USDT | USDT | 4h | 0.0050% | +10.95% | +3.59% | $12.0M | 266.400 |
| Hyperliquid | TAO | USDC | 1h | 0.0013% | +10.95% | +8.76% | $9.2M | 266.370 |
| Bitget | TAOUSDT | USDT | 4h | 0.0050% | +10.95% | +4.64% | $6.0M | 266.280 |
| Kraken | PF_TAOUSD | USD | 1h | 0.0053% | +46.71% | +17.81% | $3.9M | 266.417 |
| LBank | TAOUSDT | USDT | 4h | 0.0050% | +10.95% | +6.18% | $2.7M | 266.430 |
| Aster | TAOUSDT | USDT | 4h | 0.0050% | +10.95% | +10.95% | $2.6M | 266.500 |
| Deribit | TAO_USDC-PERPETUAL | USDC | 8h | -0.0023% | -2.52% | -0.81% | $1.1M | 266.250 |
| MEXC | TAO_USDC | USDC | 4h | 0.0050% | +10.95% | +6.22% | $739K | 266.100 |
| Lighter | TAO | USDC | 1h | 0.0012% | +10.51% | +6.84% | $295K | 266.380 |
| HTX | TAO-USDT | USDT | 4h | 0.0050% | +10.95% | +10.95% | $100K | 267.055 |
| Bybit | TAOPERP | USDC | 4h | 0.0050% | +10.95% | +10.95% | $26K | 266.250 |
| Crypto.com | TAOUSD-PERP | USD | 4h | 0.0086% | +18.77% | +9.03% | $7K | 266.280 |
| Bitfinex | tTAOF0:USTF0 | USDT | 8h | 0.0000% | 0.00% | 0.00% | $6K | 266.515 |
| Coinbase | TAO-PERP | USDC | 1h | 0.0790% | +692.04% | +692.04% | $0 | 311.240 |
TAO cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg โ long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Deribit USDC | Coinbase USDC | +694.56% | 1.9029% | +692.85% | 8h / 1h | $0 |
| Bitfinex USDT | Coinbase USDC | +692.04% | 1.8960% | +692.04% | 8h / 1h | $0 |
| Lighter USDC | Coinbase USDC | +681.53% | 1.8672% | +685.20% | 1h matched | $0 |
| Aster USDT | Coinbase USDC | +681.09% | 1.8660% | +681.09% | 4h / 1h | $0 |
| Binance USDT | Coinbase USDC | +681.09% | 1.8660% | +685.78% | 4h / 1h | $0 |
| BingX USDT | Coinbase USDC | +681.09% | 1.8660% | +681.49% | 4h / 1h | $0 |
| Bitget USDT | Coinbase USDC | +681.09% | 1.8660% | +687.40% | 4h / 1h | $0 |
| Bybit USDC | Coinbase USDC | +681.09% | 1.8660% | +681.09% | 4h / 1h | $0 |
| Bybit USDT | Coinbase USDC | +681.09% | 1.8660% | +682.16% | 4h / 1h | $0 |
| Gate USDT | Coinbase USDC | +681.09% | 1.8660% | +688.45% | 4h / 1h | $0 |
| HTX USDT | Coinbase USDC | +681.09% | 1.8660% | +681.09% | 4h / 1h | $0 |
| Hyperliquid USDC | Coinbase USDC | +681.09% | 1.8660% | +683.28% | 1h matched | $0 |
Bittensor project profile
- Total
- 21.00M
- Max supply
- 21.00M
- Type
- Coin
- Market cap rank
- #34
About
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, BitTensors vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open and transparent context. Bittensor enables: -A novel, optimized strategy for the development and distribution of artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, its facilitation of open access/ownership, decentralized governance, and the ability to harness globally-distributed resources of computing power and innovation within an incentivized framework. -An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale. -Distribution of rewards and
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Funding rates for other coins
Snapshot taken 2026-10-19 17:50 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.