TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0161%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.034%

Price spread now: Binance against Aster+0.009%7-day average −0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$310.315% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.195%−$20 on $10k

Price spread, last 7 days−0.200%−$20 · spread now +0.009%, 7d avg −0.084%

Together, before fees−0.395%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.094% dearer against Aster than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.084%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	317.95	0.0328	pay 0.0164% / 4h	53m 00s	$1.3M	$11.0M	50x
Short	Binance TAOUSDT	317.98	0.0166	get 0.0083% / 4h	53m 00s	$92.3M	$529.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.009%Rate

Funding earned: −$33.86
Price spread: +0.009% → −0.084%: $9.36
Slippage, 4 orders: −$13.46
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$55.95
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 6 min ago	0.79 bp	7.9 bp −$8	14.9 bp −$149	147.2 bp −$14.7K	doesn't fit
Sell Binance live order book, 6 min ago	0.16 bp	7.3 bp −$7	15.0 bp −$150	31.1 bp −$3,114	doesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	317.22	−0.230%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0025%	1h	317.28	−0.212%	$127K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.86	−0.030%	$44K	$707K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	318.30	+0.109%	$26.5M	$130.3M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	317.85	−0.033%	$169K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.40	−0.175%	$14.4M	$50.9M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.50	−0.143%	$17.8M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	317.60	−0.112%	$35.7M	$58.0M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	317.36	−0.187%	$46K	$260K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	317.63	−0.102%	$84K	$1.2M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	317.53	−0.134%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.43	−0.165%	$116K	$603K	20x	as long as short
Katana Perps TAO-USD	+0.0107%	8h	317.70	−0.080%	$721	$1.1M	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0110% / S +0.0157%	1h	317.18	−0.245%	$423K	—	100x	as long as short
Aevo TAO-PERP	+0.0120%	1h	317.54	−0.130%	$174K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0137%	4h	317.49	−0.146%	$53K	$293K	10x	as long as short
MEXC TAO_USDT	+0.0160%	4h	317.85	−0.033%	$107.4M	$150.4M	300x	as long as short
Binance TAOUSDTshort	+0.0166%	4h	317.98	+0.009%	$92.3M	$529.0M	75x
edgeX TAOUSDC	+0.0171%	4h	317.34	−0.194%	$42K	$318K	10x	as long as short
Paradex TAO-USD-PERP	+0.0230%	8h	317.67	−0.089%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0242%	4h	317.82	−0.042%	—	$36.9M	—	as long as short
Bybit TAOUSDT	+0.0253%	4h	318.26	+0.096%	$69.7M	$156.2M	50x	as long as short
Pacifica TAO	+0.0313%	1h	317.73	−0.071%	$361K	$427K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0316%	4h	317.65	−0.095%	$542K	$926K	10x	as long as short
Bullet TAO-USD	+0.0326%	1h	317.61	−0.109%	$12K	$17K	20x	as long as short
Aster TAOUSDTlong	+0.0328%	4h	317.95	long leg	$1.3M	$11.0M	50x
Extended TAO-USD	+0.0328%	1h	317.39	−0.178%	$904K	$2.4M	25x	as long as short
Lighter TAO	+0.0392%	1h	317.92	−0.010%	$1.6M	$6.8M	5x	as long as short
BloFin TAO-USDT	+0.0406%	4h	317.78	−0.055%	$4.7M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0458%	1h	317.68	−0.087%	$787K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	317.96	+0.002%	$102K	$389K	5x	as long as short
Variational Omni TAO	+0.0498%	4h	316.92	−0.327%	$5.6M	$10.3M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0572%	1h	317.48	−0.148%	$15K	$2.0M	25x	as long as short
Phemex TAOUSDT	+0.0605%	4h	317.76	−0.061%	$3.2M	$8.2M	50x	as long as short
Phoenix TAO	+0.0629%	1h	318.20	+0.077%	$317K	$703K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0666%	1h	317.91	−0.014%	$296K	$905K	10x	as long as short
01 Exchange TAOUSD	+0.0696%	1h	318.13	+0.055%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0698%	1h	318.09	+0.042%	$94.1M	$109.9M	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	317.50	−0.143%	$365	—	20x	as long as short
RISEx TAO/USDC	+0.0831%	1h	317.68	−0.086%	$438K	$677K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0834%	1h	317.66	−0.093%	$5.9M	$21.7M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.84	+0.278%	$1.5M	$6.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	320.67	+0.854%	$23K	$2K	12x	as long as short