TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.1% APRnext payment −$1.15 per $10,000 · paid last 24h −0.034%

Price spread now: SunX against Aster−0.074%46s7-day average −0.040% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.163%−$16 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.074%, 7d avg −0.040%

Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.034% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.040%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	320.14	0.0330	pay 0.0165% / 4h	1h 40m	$1.2M	$9.3M	50x
Short	SunX TAO-USDT	319.90	0.0100	get 0.0050% / 4h	1h 40m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$48.2
Price spread: −0.074% → −0.040%: −$3.39
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$67.59
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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, 3 min ago	1.41 bp	8.8 bp −$9	17.7 bp −$177	133.0 bp −$13.3K	doesn't fit
Sell SunX live order book, 5 min ago	500.26 bp	doesn't fit	doesn't fit	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	−0.3652%	1h	316.49	−1.140%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	320.00	−0.043%	$128K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.92	−0.069%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.71	+0.179%	$44K	$654K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	320.73	+0.185%	$92.9M	$471.8M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.20	+0.019%	$26.5M	$117.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.50	+0.113%	$13.1M	$49.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	320.71	+0.179%	$107.1M	$139.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.90	−0.074%	$18.1M	$30.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.94	−0.062%	$35.7M	$53.9M	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	318.60	−0.482%	$36K	$300K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.42	+0.088%	$74K	$764K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	320.11	−0.009%	$58K	$282K	10x	as long as short
SunX TAO-USDTshort	+0.0100%	4h	319.90	−0.074%	$2K	$1.9M	20x
HTX TAO-USDT	+0.0100%	4h	319.98	−0.049%	$130K	$478K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	319.93	−0.065%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.98	−0.051%	$176K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0115%	8h	320.65	+0.160%	$681	$754K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0163% / S +0.0106%	1h	320.08	−0.018%	$435K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0224%	4h	318.95	−0.371%	$526K	$955K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0245%	1h	319.88	−0.081%	$5.6M	$20.5M	50x	as long as short
Bullet TAO-USD	+0.0289%	1h	320.50	+0.113%	$12K	$18K	20x	as long as short
Aster TAOUSDTlong	+0.0330%	4h	320.14	long leg	$1.2M	$9.3M	50x
Paradex TAO-USD-PERP	+0.0331%	8h	320.76	+0.194%	$15K	$1K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	320.59	+0.141%	$4.5M	$10.7M	100x	as long as short
Pacifica TAO	+0.0448%	1h	320.39	+0.080%	$378K	$396K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0453%	1h	319.86	−0.087%	$17K	$1.6M	25x	as long as short
Phoenix TAO	+0.0504%	1h	318.90	−0.387%	$333K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	321.05	+0.285%	$101K	$489K	5x	as long as short
Nado TAO-PERP	+0.0527%	1h	320.35	+0.065%	$773K	$2.1M	10x	as long as short
BingX TAO-USDT	+0.0642%	4h	320.74	+0.188%	—	$30.3M	—	as long as short
Bybit TAOUSDT	+0.0648%	4h	320.55	+0.129%	$68.3M	$140.0M	50x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	320.07	−0.022%	$368	—	20x	as long as short
01 Exchange TAOUSD	+0.0784%	1h	321.39	+0.391%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0878%	4h	320.22	+0.025%	$5.9M	$9.7M	—	as long as short
ApeX Omni TAOUSDT	+0.0883%	1h	318.78	−0.424%	$47K	$253K	50x	as long as short
Lighter TAO	+0.0896%	1h	320.52	+0.118%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USD	+0.0920%	1h	320.65	+0.160%	$937K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0981%	1h	320.10	−0.012%	$440K	$860K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	320.00	−0.043%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	320.74	+0.186%	$455K	$627K	5x	as long as short
Hyperliquid TAO	+0.1400%	1h	320.57	+0.135%	$100.6M	$98.9M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	319.69	−0.140%	$23K	$2K	12x	as long as short