TAO funding rates

TAO perpetual funding is currently quoted across 20 venues, ranging from -8.0% to +11.4% APR. The most reliable delta-neutral pairing for TAO right now is long TxFlow / short Extended at +8.6% net APR (medium risk, ~2.7d to break even).

as of 2026-09-12 14:51 UTC
Best delta-neutral pairing
Long TxFlow / Short Extended
+8.6% net APR
Backtested (30d)
+8.7%
Stability
98.8%
Risk
medium
Breakeven
~2.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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TAO funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Polymarket+10.95%
Grvt+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Nado+10.95%
Katana+10.92%
Paradex+10.52%
Lighter+10.51%
RiseX+9.65%
Variational+9.03%
Decibel+8.76%
n1xyz+5.26%
dYdX+0.28%
Phoenix+0.00%
TxFlow-2.91%
Kraken-7.97%

Frequently asked

What is the TAO funding rate right now?

TAO perpetual funding ranges from -7.97% to 11.39% APR across 20 exchanges we track; the widest delta-neutral spread is long TxFlow / short Extended at 8.6% net APR.

Which exchange has the highest TAO funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.