TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.039%

Price spread now: KuCoin against Aster+0.002%7-day average −0.074% · 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−$42as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.183%−$18 on $10k

Price spread, last 7 days−0.175%−$17 · spread now +0.002%, 7d avg −0.074%

Together, before fees−0.357%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.076% dearer against Aster than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.074%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 6 days (−0.183% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	322.12	0.0322	pay 0.0161% / 4h	3h 03m	$1.3M	$11.1M	50x
Short	KuCoin TAOUSDTM	322.13	0.0100	get 0.0050% / 4h	3h 03m	$17.6M	$32.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$46.67
Price spread: +0.002% → −0.074%: $7.64
Slippage, 4 orders: −$30
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$89.03
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; KuCoin: 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	1.25 bp	7.5 bp −$7	19.1 bp −$191	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.93 bp	16.6 bp −$17	32.7 bp −$327	doesn't fit	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	−0.0241%	1h	318.85	−1.017%	$169K	$0	10x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0003%	1h	321.76	−0.112%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	322.56	+0.136%	$51K	$700K	20x	as long as short
Bybit TAOUSDT	+0.0100%	4h	322.28	+0.049%	$71.0M	$154.8M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	322.60	+0.148%	$27.0M	$130.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	321.70	−0.131%	$15.3M	$51.0M	50x	as long as short
KuCoin TAOUSDTMshort	+0.0100%	4h	322.13	+0.002%	$17.6M	$32.2M	75x
Bitget TAOUSDT	+0.0100%	4h	322.69	+0.176%	$36.4M	$56.6M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	322.30	+0.055%	$89K	$1.1M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	322.90	+0.242%	$2K	$1.9M	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	323.48	+0.422%	$117K	$548K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	323.68	+0.484%	$3.2M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0113%	8h	322.55	+0.133%	$660	$1.2M	5x	as long as short
Aevo TAO-PERP	+0.0120%	1h	322.68	+0.173%	$177K	$998	3x	as long as short
MEXC TAO_USDT	+0.0156%	4h	322.07	−0.016%	$105.0M	$156.1M	300x	as long as short
Binance TAOUSDT	+0.0156%	4h	322.11	−0.004%	$94.3M	$518.6M	75x	as long as short
BingX TAO-USDT	+0.0162%	4h	322.01	−0.035%	—	$38.9M	—	as long as short
edgeX TAOUSDC	+0.0164%	4h	321.70	−0.132%	$42K	$322K	10x	as long as short
Paradex TAO-USD-PERP	+0.0219%	8h	323.81	+0.523%	$15K	$876	10x	as long as short
Orderly PERP_TAO_USDC	+0.0241%	4h	322.73	+0.189%	$55K	$272K	10x	as long as short
Bullet TAO-USD	+0.0271%	1h	322.10	−0.008%	$13K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0284%	4h	321.52	−0.187%	$548K	$825K	10x	as long as short
Extended TAO-USD	+0.0288%	1h	323.05	+0.288%	$977K	$2.2M	25x	as long as short
ApeX Omni TAOUSDT	+0.0306%	1h	321.60	−0.162%	$45K	$256K	50x	as long as short
Aster TAOUSDTlong	+0.0322%	4h	322.12	long leg	$1.3M	$11.1M	50x
Pacifica TAO	+0.0349%	1h	323.46	+0.416%	$376K	$439K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0368% / S −0.0109%	1h	321.09	−0.320%	$381K	—	100x	as long as short
BloFin TAO-USDT	+0.0396%	4h	323.78	+0.515%	$4.8M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0403%	1h	322.29	+0.053%	$759K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0404%	1h	323.16	+0.322%	$102K	$331K	5x	as long as short
dYdX TAO-USD	+0.0524%	1h	323.45	+0.411%	$130K	$87K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0532%	1h	322.94	+0.254%	$20K	$1.9M	25x	as long as short
Variational Omni TAO	+0.0551%	4h	321.24	−0.273%	$5.7M	$9.8M	—	as long as short
Lighter TAO	+0.0568%	1h	323.61	+0.463%	$1.6M	$6.8M	5x	as long as short
Phoenix TAO	+0.0578%	1h	321.70	−0.131%	$324K	$714K	5x	as long as short
01 Exchange TAOUSD	+0.0640%	1h	323.37	+0.387%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0661%	1h	322.33	+0.065%	$96.7M	$109.3M	5x	as long as short
Reya TAORUSDPERP	+0.0699%	1h	322.15	+0.010%	$370	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0704%	1h	321.67	−0.140%	$319K	$1.0M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0770%	1h	323.19	+0.332%	$6.3M	$21.0M	50x	as long as short
RISEx TAO/USDC	+0.0840%	1h	322.86	+0.229%	$440K	$711K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	324.34	+0.689%	$1.1M	$7.5M	50x	as long as short
Injective TAO/USDC PERP	+0.3512%	1h	322.62	+0.155%	$23K	$2K	12x	as long as short