TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.043%

Price spread now: Gate against Aster−0.024%7-day average −0.111% · 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−$42as in the Price arb table

costs, in and out, $10k−$500.505% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.171%−$17 on $10k

Price spread, last 7 days−0.167%−$17 · spread now −0.024%, 7d avg −0.111%

Together, before fees−0.338%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.087% dearer against Aster than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.111%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	309.37	0.0170	pay 0.0085% / 4h	2h 14m	$1.1M	$7.5M	50x
Short	Gate TAO_USDT	309.30	0.0100	get 0.0050% / 4h	2h 14m	$12.3M	$48.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.024%Rate

Funding earned: −$14.62
Price spread: −0.024% → −0.111%: $8.69
Slippage, 4 orders: −$27.48
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.42
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Gate: 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	1.62 bp	9.8 bp −$10	23.9 bp −$239	192.9 bp −$19.3K	doesn't fit
Sell Gate live order book, 4 min ago	3.23 bp	13.8 bp −$14	37.3 bp −$373	95.7 bp −$9,574	147.8 bp −$73.9K

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
dYdX TAO-USD	0.0000%	1h	309.27	−0.034%	$130K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	309.24	−0.043%	$26K	—	150x	as long as short
Bulk TAO-USD	+0.0052%	1h	305.44	−1.271%	$200K	$57K	10x	as long as short
Popdex TAOUSDT	+0.0096%	1h	309.19	−0.059%	$41K	$528K	20x	as long as short
Pacifica TAO	+0.0100%	1h	309.61	+0.076%	$366K	$367K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	309.43	+0.018%	$86.7M	$404.7M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	309.50	+0.041%	$60.2M	$119.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	309.40	+0.009%	$25.5M	$93.9M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	309.75	+0.122%	$138K	$603K	5x	as long as short
Gate TAO_USDTshort	+0.0100%	4h	309.30	−0.024%	$12.3M	$48.5M	50x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	309.49	+0.038%	$118.0M	$125.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.34	−0.011%	$18.7M	$26.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	309.27	−0.033%	$34.7M	$44.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	309.41	+0.012%	—	$30.5M	—	as long as short
Variational Omni TAO	+0.0100%	4h	309.10	−0.090%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.62	+0.081%	$40K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	309.81	+0.142%	$551K	$965K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.61	+0.076%	$46K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	309.58	+0.067%	$78K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	309.45	+0.023%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	309.30	−0.024%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	309.71	+0.109%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.80	+0.138%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	309.58	+0.067%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	309.52	+0.046%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	309.45	+0.025%	$1K	$447K	5x	as long as short
Paradex TAO-USD-PERP	+0.0161%	8h	309.46	+0.029%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0168%	1h	309.71	+0.110%	$15K	$1.3M	25x	as long as short
Aster TAOUSDTlong	+0.0170%	4h	309.37	long leg	$1.1M	$7.5M	50x
Phoenix TAO	+0.0234%	1h	307.60	−0.573%	$326K	$462K	5x	as long as short
Nado TAO-PERP	+0.0300%	1h	309.31	−0.022%	$858K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	309.85	+0.154%	$4.3M	$9.5M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0486% / S −0.0184%	1h	309.19	−0.059%	$454K	—	100x	as long as short
01 Exchange TAOUSD	+0.0520%	1h	309.62	+0.080%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	309.51	+0.045%	$356	—	20x	as long as short
Extended TAO-USD	+0.0712%	1h	309.41	+0.012%	$911K	$2.0M	25x	as long as short
Lighter TAO	+0.0904%	1h	309.89	+0.166%	$1.7M	$4.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	310.65	+0.413%	$1.5M	$5.4M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0995%	1h	309.60	+0.073%	$447K	$716K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.1017%	1h	309.88	+0.163%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	309.39	+0.007%	$414K	$542K	5x	as long as short
Hyperliquid TAO	+0.1787%	1h	310.15	+0.251%	$97.0M	$77.3M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.208%	$22K	$271	12x	as long as short