TAIKO (Taiko) perpetual futures funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 13 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now TAIKO funding ranges from +10.96% annualized on LBank to +10.96% on Binance Futures.
The widest cross-exchange funding spread for TAIKO is currently 0.0% APR. A delta-neutral funding trade captures this gap by going long on Binance Futures — where funding is lowest, so the long leg is paid or pays the least — and short on Binance Futures, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.
TAIKO ranks #614 by open interest among tracked perpetual assets, total open interest across covered venues is $5.0M, 24h volume is $5.4M, the volume-weighted mark price is $0.0908. Deeper liquidity means a funding spread can be traded at larger size with lower slippage — use the Min OI filter on the screener to surface only markets you can realistically enter and exit.
Frequently asked questions
- Which exchange has the highest TAIKO funding rate right now?
- Binance Futures shows the highest TAIKO funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short TAIKO when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
- Which exchange is best to long TAIKO for funding?
- LBank has the lowest TAIKO funding at +10.96% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
- What is the best TAIKO funding-arbitrage pair?
- The widest spread is long Binance Futures / short Binance Futures at about 0.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.
- How often does TAIKO funding settle?
- TAIKO funding settles on different schedules by venue (4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.
- Is TAIKO funding positive or negative?
- TAIKO funding is currently positive across venues (longs pay shorts), ranging +10.96% to +10.96% APR.
- What is the current TAIKO perpetual swap funding rate?
- The current TAIKO perpetual swap funding rate ranges from +10.96% to +10.96% annualized depending on the exchange — LBank is lowest and Binance Futures is highest right now. There is no single TAIKO funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.
- What is the aggregated TAIKO funding rate across exchanges?
- Aggregated across the 13 venues ORBIT tracks, TAIKO funding currently spans +10.96% to +10.96% APR, a spread of 0.0 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.
- How do I read the TAIKO 8h funding rate versus the annualized rate?
- Venues that settle TAIKO every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.