Volume Monitor
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TAO live: funding rate, open interest, liquidations & volume spikes

TAO trades on 8 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, HTX, Hyperliquid, KuCoin and MEXC) across 8 perpetual futures and 2 spot markets. The last price is 323.47 USDT on MEXC, and 24h volume is $782.86M ($726.65M perps, $56.20M spot). Perpetual open interest totals $465.87M. The OI-weighted funding rate is 0.0131% per 8h (≈14% APR), so longs pay shorts. $87K of TAO positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 4 hours (since tracking began), 98% longs and 2% shorts. The scanner flagged 43 volume spikes on TAO since it started.

Tracking for ~4h Updates every 5 s HistoryMarketsLong/shortSpikesLiquidations

PriceMexc perp
323.47
1h — 24h —
24h volumespot + perp
$782.86M
Perp $726.65MSpot $56.20M
Open interest8 perps
$465.87M
1h — 24h —
Funding, 8hOI-weighted
0.0131%
≈14% APRlongs pay shorts
Liquidations 24hpartial
$87K
Longs $85KShorts $1,691
Volume spikes 24hpartial
43
Net spike flow-$5.39M

TAO open interest, funding, liquidations and long/short history

From recorded history, hourly

TAO open interest is up 26.2% since 13:15 UTC on 27 Sep, from $247.54M to $312.43M. TAO funding has averaged 0.0108% per 8 hours since 13:15 UTC on 27 Sep (≈12% APR), positive in 100% of hourly readings, so longs mostly paid shorts. $87K of TAO positions were liquidated since 13:15 UTC on 27 Sep: $85K longs (98.1%) and $1,691 shorts. The biggest hour was 15:00 UTC on 27 Sep, with $36K. 74.2% of TAO trader accounts on Binance and Bybit are net long, up 1.5 points over the past 24 hours (from 72.6%).

TAO price

Chart: TradingView Lightweight Charts™

TAO open interest

All perps, USD

Chart: TradingView Lightweight Charts™

TAO funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

TAO liquidations

Longs up, shorts down

Chart: TradingView Lightweight Charts™

TAO long/short ratio

Share of accounts long, Binance and Bybit

Chart: TradingView Lightweight Charts™

TAO CVD and taker flow

Spot vs perp, from range start · bars: net taker buys

Chart: TradingView Lightweight Charts™

TAO markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
MEXC perp TAO_USDT 323.47 — — $198.53M 0.0100% $131.74M — — — Trade
Hyperliquid perp TAO 324.17 +0.27% — $37.02M 0.0239% $105.61M +0.41% -3.40% — Trade
Binance perp TAOUSDT 323.70 +0.36% — $311.49M 0.0100% $100.75M -0.04% -4.48% — Trade
Gate perp TAO_USDT 323.70 +0.06% — $39.08M 0.0100% $37.52M +1.11% — — Trade
Bitget perp TAOUSDT 323.43 +0.12% — $35.14M 0.0100% $35.27M +0.19% — — Trade
Bybit perp TAOUSDT 323.90 +0.35% — $80.86M 0.0100% $33.03M -0.32% -4.00% — Trade
KuCoin perp TAOUSDTM 323.59 — — $24.27M 0.0100% $21.82M — — — Trade
HTX perp TAO-USDT 323.15 +0.13% — $258K 0.0100% $122K +0.13% — — Trade
Binance spot TAOUSDT 323.80 +0.37% — $49.94M — — — — — Trade
Binance spot TAOUSDC 323.90 +0.31% — $6.26M — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~4h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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TAO long/short ratio

All coins' long/short ratios →
Binance accounts
68.8% longRatio 2.20
Short 31.2%1h -0.64h +0.924h +0.7
Binance top traders
73.3% longRatio 2.74
Short 26.7%1h -0.14h -0.424h -0.5
Bybit accounts
79.6% longRatio 3.89
Short 20.4%1h 0.04h +1.524h +2.3
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

Spikes on record36
Buy-side8
Mixed4
Sell-side24
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
2m ago BYB perp VOL SELL $80K 5.7× 12% ———
23m ago BYB perp VOL BUY $173K 9.0× 81% -0.01%-0.23%—
47m ago BYB perp VOL MIXED $100K 4.6× 45% -0.02%+0.10%—
63m ago BYB perp VOL SELL $93K 4.2× 9% +0.45%+0.17%+0.35%
67m ago HL perp VOL SELL $406K 54.1× 1% +0.17%+0.18%+0.19%
72m ago BYB perp VOL SELL $125K 5.3× 8% -0.03%+0.31%+0.24%
85m ago BYB perp VOL BUY $134K 4.8× 90% +0.18%-0.17%+0.09%
2h ago BIN spot VOL SELL $33K 9.7× 24% +0.28%+0.59%+0.40%
2h ago HL perp VOL SELL $80K 6.3× 1% +0.05%+0.49%+0.98%
2h ago HL perp VOL SELL $541K 31.0× 0% +0.79%+0.56%+1.60%
2h ago BYB perp VOL SELL $321K 4.7× 35% +0.73%+0.49%+1.51%
2h ago BIN spot VOL SELL $44K 8.9× 32% +0.75%+0.50%+1.47%
2h ago BIN spot VOL SELL $414K 10.8× 33% +0.72%+0.50%+1.54%
2h ago BIN perp VOL SELL $1.68M 8.1× 27% -0.05%-0.13%+0.99%
2h ago BYB perp VOL SELL $317K 4.5× 31% +0.56%+0.09%+1.06%
2h ago HL perp VOL SELL $221K 12.1× 2% +0.48%-0.12%+1.16%
2h ago BIN spot VOL SELL $171K 5.6× 19% -0.25%+0.31%+0.81%
3h ago BIN spot VOL BUY $96K 20.3× 69% +0.31%+0.53%+0.91%
3h ago HL perp VOL SELL $236K 14.7× 12% +0.10%+0.33%+0.34%
3h ago BIN spot VOL MIXED $30K 7.3× 57% +0.19%+0.47%+0.44%
3h ago BYB perp VOL SELL $205K 4.6× — -0.67%-0.51%-0.02%
3h ago BIN perp VOL SELL $1.21M 7.5× 23% -0.66%-0.50%-0.05%
3h ago BIN spot VOL SELL $147K 5.4× 28% -0.71%-0.53%-0.03%
3h ago BYB perp VOL SELL $323K 7.7× 23% +0.02%-1.05%-0.85%
3h ago BIN perp VOL SELL $629K 4.5× 34% +0.02%-1.07%-0.85%
3h ago BIN spot VOL BUY $41K 20.8× 99% +0.06%-0.15%-1.39%
3h ago HL perp VOL SELL $128K 9.8× 5% +0.27%+0.03%-1.21%
3h ago BYB perp VOL SELL $279K 7.7× 33% +0.23%+0.07%-1.21%
3h ago BIN perp VOL SELL $711K 4.7× 28% +0.22%+0.06%-1.22%
3h ago HL perp VOL BUY $106K 9.7× 92% -0.25%-0.45%-1.64%
3h ago BIN spot VOL MIXED $93K 4.1× 40% 0.00%-0.25%-2.03%
3h ago HL perp VOL BUY $158K 15.9× 76% -0.22%-0.22%-1.18%
3h ago BIN perp VOL SELL $626K 4.1× 29% -0.02%-0.04%-1.19%
3h ago HL perp VOL BUY $94K 10.5× 97% -0.83%-0.81%-1.94%
4h ago HL perp VOL BUY $109K 12.2× 94% +0.16%-0.55%-1.90%
4h ago BYB perp VOL MIXED $230K 5.9× 58% +0.36%+0.20%-1.17%

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

TAO liquidations: long vs short

All liquidations →

TAO perps trade only on Hyperliquid, which does not publish a liquidation feed.

About the TAO numbers

TAO funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive TAO funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

TAO open interest

Open interest is the USD value of all open TAO perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

TAO liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

TAO long/short ratio

The share of traders long versus short on TAO perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the TAO long/short ratio page.

TAO volume spikes

A spike is a minute where one TAO market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.