TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.036%

Price spread now: Bitget against Aster−0.239%7-day average −0.099% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.166%−$17 on $10k

Price spread, last 7 days+0.120%+$12 · spread now −0.239%, 7d avg −0.099%

Together, before fees−0.046%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.140% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.099%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	319.71	0.0228	pay 0.0114% / 4h	3h 19m	$1.2M	$8.7M	50x
Short	Bitget TAOUSDT	318.94	0.0100	get 0.0050% / 4h	3h 19m	$35.4M	$51.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.239%Rate

Funding earned: −$26.88
Price spread: −0.239% → −0.099%: −$14.03
Slippage, 4 orders: −$17.45
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$78.36
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	0.47 bp	9.3 bp −$9	18.2 bp −$182	151.3 bp −$15.1K	doesn't fit
Sell Bitget live order book, 4 min ago	1.41 bp	9.8 bp −$10	22.1 bp −$221	41.1 bp −$4,111	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
Bulk TAO-USD	−0.1321%	1h	318.22	−0.465%	$169K	$44K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.20	−0.158%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.57	−0.042%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.26	−0.139%	$43K	$597K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.24	−0.146%	$91.9M	$448.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.40	−0.096%	$26.2M	$109.4M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.00	−0.221%	$12.9M	$50.9M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	319.31	−0.124%	$110.2M	$135.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.83	+0.039%	$18.2M	$29.3M	75x	as long as short
Bitget TAOUSDTshort	+0.0100%	4h	318.94	−0.239%	$35.4M	$51.1M	50x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	318.35	−0.425%	$40K	$293K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	319.06	−0.203%	$528K	$960K	10x	as long as short
Bullet TAO-USD	+0.0100%	1h	319.91	+0.064%	$12K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	319.85	+0.045%	$58K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.72	+0.005%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	320.04	+0.105%	$128K	$423K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	319.72	+0.005%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.40	−0.097%	$175K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0112%	8h	319.21	−0.155%	$1K	$632K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0094%	1h	319.49	−0.067%	$460K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	319.56	−0.046%	$379K	$375K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.44	−0.083%	$84K	$550K	5x	as long as short
Aster TAOUSDTlong	+0.0228%	4h	319.71	long leg	$1.2M	$8.7M	50x
Paradex TAO-USD-PERP	+0.0236%	8h	319.90	+0.061%	$15K	$1K	10x	as long as short
ApeX Omni TAOUSDT	+0.0292%	1h	318.26	−0.452%	$49K	$267K	50x	as long as short
Polymarket Perps TAO-USD	+0.0295%	1h	320.19	+0.152%	$94K	$633K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	318.00	−0.533%	$4.5M	$10.8M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0426%	1h	319.76	+0.017%	$17K	$1.5M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0480%	1h	319.70	0.000%	$5.8M	$20.3M	50x	as long as short
BingX TAO-USDT	+0.0490%	4h	319.39	−0.099%	—	$30.5M	—	as long as short
Variational Omni TAO	+0.0515%	4h	318.38	−0.414%	$5.6M	$8.7M	—	as long as short
Phoenix TAO	+0.0525%	1h	319.30	−0.127%	$334K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0568%	1h	319.45	−0.080%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	318.88	−0.258%	$23K	$778	12x	as long as short
Bybit TAOUSDT	+0.0628%	4h	319.55	−0.049%	$65.9M	$133.1M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	319.90	+0.062%	$368	—	20x	as long as short
Nado TAO-PERP	+0.0747%	1h	320.19	+0.152%	$893K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0830%	1h	320.08	+0.117%	$323K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	320.47	+0.239%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1128%	1h	319.28	−0.133%	$924K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	319.15	−0.172%	$422K	$593K	5x	as long as short
Lighter TAO	+0.1424%	1h	320.32	+0.193%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.1968%	1h	320.54	+0.261%	$103.0M	$91.5M	5x	as long as short