TAO funding rate
Hyperliquid vs Binance vs Bybit — normalized to 8h6/12/2026, 8:54:21 AM
Hyperliquid (predicted)
0.0091%
8h
Binance
0.0025%
8h
Bybit
-0.0066%
8h
Cross-exchange gap
Direction: short on Hyperliquid, long on Bybit · 17.2%/yr(0.0157% / 8h)
Excludes fees, slippage and settlement timing. Informational only — not investment advice.
FAQ
What is the TAO funding rate right now?
Normalized to 8h: Hyperliquid 0.0091%, Binance 0.0025%, Bybit -0.0066%. This page refreshes about every 5 minutes.
How is funding settled?
Hyperliquid settles hourly; Binance and Bybit typically every 8 hours. Positive funding means longs pay shorts; negative means the reverse. All values here are normalized to 8h for comparison.
Can the cross-exchange gap be arbitraged?
The current TAO gap is ≈ 17.2%/yr. In theory you could short on Hyperliquid, long on Bybit to hedge price risk and collect the spread, but fees, slippage and settlement timing matter. Informational only — not investment advice.