TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.038%

Price spread now: BloFin against Aster+0.027%7-day average −0.016% · 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−$36as in the Price arb table

costs, in and out, $10k−$410.405% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.157%+$16 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.027%, 7d avg −0.016%

Together, before fees+0.155%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.043% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	314.13	0.0218	pay 0.0109% / 4h	48m 59s	$1.2M	$10.1M	50x
Short	BloFin TAO-USDT	314.22	0.0340	get 0.0170% / 4h	48m 59s	$4.5M	$10.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.027%Rate

Funding earned: $25.69
Price spread: +0.027% → −0.016%: $4.34
Slippage, 4 orders: −$20.51
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$10.48
Costs to cover: 0.405%
Break-even: 9.9 days

Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago	0.47 bp	10.4 bp −$10	19.2 bp −$192	155.5 bp −$15.5K	doesn't fit
Sell BloFin live order book, 5 min ago	4.27 bp	10.8 bp −$11	12.3 bp −$123	23.5 bp −$2,348	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	−0.0499%	1h	315.15	+0.323%	$167K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.07	−0.019%	$125K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.92	−0.070%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0057%	1h	314.33	+0.062%	$5.5M	$20.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.48	+0.110%	$41K	$685K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.71	+0.184%	$90.8M	$488.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.90	+0.244%	$25.9M	$119.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.20	+0.021%	$12.9M	$49.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.46	+0.104%	$104.5M	$142.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.30	+0.053%	$17.5M	$31.6M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	314.67	+0.170%	$35.2M	$55.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	316.19	+0.653%	$35K	$303K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.46	+0.104%	$46K	$252K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.00	−0.043%	$89K	$789K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	314.29	+0.049%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	314.27	+0.043%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.91	−0.072%	$109K	$527K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.21	+0.024%	$3.2M	$8.2M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.26	+0.041%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0108%	8h	314.02	−0.037%	$668	$783K	5x	as long as short
GRVT TAO_USDT_Perp	+0.0122%	4h	316.28	+0.682%	$527K	$952K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0124%	4h	314.19	+0.018%	$57K	$275K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0153% / S +0.0116%	1h	314.00	−0.041%	$426K	—	100x	as long as short
Bybit TAOUSDT	+0.0183%	4h	314.96	+0.263%	$68.7M	$146.1M	50x	as long as short
01 Exchange TAOUSD	+0.0184%	1h	314.19	+0.018%	$3K	$4K	5x	as long as short
Paradex TAO-USD-PERP	+0.0199%	8h	314.37	+0.076%	$14K	$1K	10x	as long as short
Aster TAOUSDTlong	+0.0218%	4h	314.13	long leg	$1.2M	$10.1M	50x
Hyperliquid TAO	+0.0236%	1h	314.61	+0.150%	$93.9M	$104.8M	5x	as long as short
BingX TAO-USDT	+0.0244%	4h	314.36	+0.072%	—	$30.2M	—	as long as short
Nado TAO-PERP	+0.0253%	1h	314.21	+0.026%	$818K	$2.2M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0280%	1h	314.54	+0.129%	$315K	$913K	10x	as long as short
BloFin TAO-USDTshort	+0.0340%	4h	314.22	+0.027%	$4.5M	$10.8M	100x
Arcus TAO-USD	+0.0345%	1h	314.37	+0.075%	$99K	$488K	5x	as long as short
Extended TAO-USD	+0.0352%	1h	314.71	+0.184%	$922K	$2.4M	25x	as long as short
Lighter TAO	+0.0360%	1h	314.69	+0.176%	$1.5M	$6.4M	5x	as long as short
Pacifica TAO	+0.0365%	1h	314.30	+0.053%	$360K	$409K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0456%	1h	314.35	+0.070%	$13K	$1.6M	25x	as long as short
Phoenix TAO	+0.0581%	1h	314.50	+0.116%	$313K	$697K	5x	as long as short
Variational Omni TAO	+0.0651%	4h	314.33	+0.062%	$5.8M	$9.8M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.14	+0.002%	$361	—	20x	as long as short
RISEx TAO/USDC	+0.0991%	1h	314.28	+0.048%	$432K	$657K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	315.00	+0.275%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	319.61	+1.743%	$23K	$2K	12x	as long as short