TAC funding rates

TAC perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
15.1%long Aster, short Gate · net 9.1%
Highest funding now
110%GateCEX
Lowest funding now
10.9%BybitCEX
Listed on
7 venues

Funding by venue

7d chartFlagsOpen
GateCEXTAC_USDT110%40.0%27.9%57.8%25.9%100%4h04:000.001406$182k$10kGtGate
ExtendedTAC-USD63.1%32.8%21.9%53.0%20.0%100%1h04:000.001406$3k$78kExExtended
BinanceCEXTACUSDT62.0%31.3%22.1%49.6%20.6%100%4h04:000.001409$2.6M$1.1MBnBinance
MEXCCEXTAC_USDT60.9%32.8%22.5%53.2%20.7%100%4h04:000.001408$230k$106kMxMEXC
AsterTACUSDT17.1%11.8%12.8%34.1%13.0%100%4h04:000.001409$29k$4kAsAster
BybitCEXTACUSDT10.9%11.0%17.5%46.8%18.6%100%4h04:000.001408$640k$44kByBybit
VariationalTAC10.9%10.9%15.1%43.7%15.8%100%4h—0.00141$14$0VaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
AsterGateCEX92.9%28.2%15.1%23.7%9.1%13.6%5.6dsteady$29klow OIAsGtcalc
VariationalGateCEX99.0%29.0%12.8%14.1%8.9%13.4%4.3dsteady$14low OIspread not incl.VaGtcalc
AsterMEXCCEX43.8%21.0%9.7%19.1%6.5%9.8%4.5dsteady$29klow OIAsMxcalc
AsterExtended46.0%21.0%9.0%18.9%5.7%8.5%5.2dsteady$3klow OI4h/1hAsExcalc
AsterBinanceCEX44.9%19.6%9.3%17.1%4.6%7.0%7.0dsteady$29klow OIAsBncalc
BybitCEXGateCEX99.0%29.0%10.4%11.0%3.6%5.4%9.2dspike ×4.0$182kByGtcalc
VariationalMEXCCEX49.9%21.8%7.4%9.5%6.3%9.5%2.0dspike ×4.4$14low OIspread not incl.VaMxcalc
VariationalExtended52.1%21.8%6.8%9.3%5.5%8.2%2.7dspike ×5.1$14low OI4h/1hspread not incl.VaExcalc
VariationalBinanceCEX51.0%20.4%7.1%7.6%4.5%6.7%5.2dspike ×4.2$14low OIspread not incl.VaBncalc
BybitCEXMEXCCEX49.9%21.8%4.9%6.3%1.0%1.5%11dspike ×10.4$230kByMxcalc
MEXCCEXGateCEX49.1%7.2%5.4%4.6%0.5%0.7%13dsteady$182kMxGtcalc
ExtendedGateCEX46.9%7.2%6.0%4.8%0.8%1.2%12dsteady$3klow OI1h/4hExGtcalc
AsterVariational−6.1%−0.8%2.3%9.6%0.2%0.3%13dweak$14low OIspread not incl.AsVacalc
BybitCEXExtended52.1%21.8%4.3%6.2%0.1%0.2%14dspike ×15.6$3klow OI4h/1hByExcalc
AsterBybitCEX−6.1%−0.8%4.7%12.8%−0.2%−0.3%15dcooling$29klow OIAsBycalc
BinanceCEXGateCEX48.0%8.6%5.8%4.4%−0.8%−1.1%16dsteady$182kBnGtcalc
VariationalBybitCEX0.0%0.0%2.5%3.1%−0.4%−0.6%16dweak$14low OIspread not incl.VaBycalc
BybitCEXBinanceCEX51.0%20.3%4.6%5.2%−0.9%−1.3%17dspike ×10.3$640kByBncalc
BinanceCEXMEXCCEX−1.1%1.4%0.3%0.2%−3.3%−5.0%163dweak$230kBnMxcalc
MEXCCEXBinanceCEX1.1%−1.4%−0.3%−0.2%−4.0%−5.9%—weak$230kMxBncalc
MEXCCEXExtended2.2%0.0%−0.6%−0.2%−3.0%−4.4%—weak$3klow OI4h/1hMxExcalc
ExtendedMEXCCEX−2.2%0.0%0.6%0.2%−1.7%−2.6%54dmixed$3klow OI1h/4hExMxcalc
BinanceCEXExtended1.1%1.4%−0.3%0.1%−4.2%−6.3%—weak$3klow OI4h/1hBnExcalc
VariationalAster6.1%0.8%−2.3%−9.6%−4.4%−6.5%—weak$14low OIspread not incl.VaAscalc
ExtendedBinanceCEX−1.1%−1.4%0.3%−0.1%−3.6%−5.4%188dmixed$3klow OI1h/4hExBncalc
BybitCEXAster6.1%0.8%−4.7%−12.8%−9.7%−14.5%—weak$29klow OIByAscalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:10 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

No two venues give a usable spread right now.

TAC: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →MEXC0.001408
MEXC0.001408—
All quotes (7)
VenueBidAskQualityAgeVol 24hFlags
MEXCCEX0.0014080.001408mark9m$106kno FX
Aster0.001408880.00140888mark13m$4kstaleno FX
BinanceCEX0.0014090.001409mark13m$1.1Mstaleno FX
BybitCEX0.0014080.001408mark13m$44kstaleno FX
Extended0.001406320.00140632mark13m$78kstale
GateCEX0.0014060.001406mark13m$10kstaleno FX
Variational0.001409510.00140951mark13m$0stale

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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