TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.034%

Price spread now: MEXC against Aster+0.064%7-day average −0.093% · 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−$9as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.192%−$19 on $10k

Price spread, last 7 days−0.234%−$23 · spread now +0.064%, 7d avg −0.093%

Together, before fees−0.426%+ Points / potential airdropAster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.157% dearer against Aster than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.093%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	316.01	0.0206	pay 0.0103% / 4h	3h 12m	$1.2M	$8.8M	50x
Short	MEXC TAO_USDT	316.21	0.0100	get 0.0050% / 4h	3h 12m	$99.0M	$136.3M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$22.31
Price spread: +0.064% → −0.093%: $15.7
Slippage, 4 orders: −$16.76
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$31.38
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago	2.05 bp	9.3 bp −$9	17.9 bp −$179	167.5 bp −$16.8K	doesn't fit
Sell MEXC live order book, 1 min ago	0.31 bp	2.8 bp −$3	11.4 bp −$114	27.0 bp −$2,700	110.7 bp −$55.4K

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	−0.1821%	1h	318.67	+0.842%	$169K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	315.74	−0.086%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	316.22	+0.066%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.17	+0.051%	$42K	$598K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.12	+0.035%	$90.6M	$450.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.20	+0.061%	$25.7M	$108.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.70	−0.097%	$12.8M	$51.1M	50x	as long as short
MEXC TAO_USDTshort	+0.0100%	4h	316.21	+0.064%	$99.0M	$136.3M	300x
KuCoin TAOUSDTM	+0.0100%	4h	316.06	+0.017%	$17.9M	$29.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.93	−0.025%	$35.2M	$51.3M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	316.13	+0.039%	$40K	$294K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.19	+0.057%	$524K	$958K	10x	as long as short
Bullet TAO-USD	+0.0100%	1h	316.42	+0.131%	$12K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	316.24	+0.074%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.17	+0.051%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.44	+0.137%	$126K	$422K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	316.78	+0.244%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.88	+0.275%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0122%	8h	316.27	+0.083%	$1K	$636K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0097%	1h	316.06	+0.015%	$453K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	316.15	+0.044%	$375K	$375K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	316.35	+0.108%	$84K	$550K	5x	as long as short
Aster TAOUSDTlong	+0.0206%	4h	316.01	long leg	$1.2M	$8.8M	50x
Paradex TAO-USD-PERP	+0.0232%	8h	316.08	+0.023%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0247%	1h	316.30	+0.093%	$17K	$1.5M	25x	as long as short
ApeX Omni TAOUSDT	+0.0247%	1h	316.20	+0.061%	$48K	$267K	50x	as long as short
Polymarket Perps TAO-USD	+0.0270%	1h	316.82	+0.257%	$93K	$633K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.46	+0.143%	$4.5M	$10.8M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0485%	1h	316.40	+0.123%	$5.7M	$20.3M	50x	as long as short
Variational Omni TAO	+0.0516%	4h	316.67	+0.208%	$5.5M	$8.7M	—	as long as short
Phoenix TAO	+0.0525%	1h	316.60	+0.187%	$331K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0560%	1h	316.26	+0.080%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	317.77	+0.558%	$23K	$802	12x	as long as short
BingX TAO-USDT	+0.0622%	4h	316.19	+0.058%	—	$30.4M	—	as long as short
Bybit TAOUSDT	+0.0673%	4h	316.43	+0.134%	$65.2M	$133.4M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	316.41	+0.128%	$364	—	20x	as long as short
Nado TAO-PERP	+0.0762%	1h	316.72	+0.225%	$879K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0805%	1h	316.37	+0.115%	$320K	$816K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	317.34	+0.422%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1112%	1h	316.12	+0.036%	$886K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	316.15	+0.046%	$418K	$593K	5x	as long as short
Lighter TAO	+0.1424%	1h	316.22	+0.068%	$1.7M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1850%	1h	316.22	+0.067%	$101.3M	$91.8M	5x	as long as short