TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.034%

Price spread now: Aster against edgeX−0.497%50s7-day average +0.045% · 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—prices read too far apart to compare

costs, in and out, $10k−$420.420% of the position

Long on edgeX Short on Aster

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 3 days (all we have)+0.313%+$31 · spread now −0.497%, 7d avg +0.045%

Together, before fees+0.505%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.542% cheaper against edgeX than usual: you would sell low and buy high (spread −0.497% now, against its 7-day average of +0.045%). If the spread goes back, that is −$54 on $10k: about 16 days of funding at the current rate (+$3 a day). The two prices were read 50 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	edgeX TAOUSDC	318.35	0.0100	pay 0.0050% / 4h	3h 16m	$40K	$293K	10x
Short	Aster TAOUSDT	316.76	0.0212	get 0.0106% / 4h	3h 16m	$1.2M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now −0.497%Rate

Funding earned: $23.55
Price spread: −0.497% → +0.045%: −$54.23
Slippage, 4 orders: −$25.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$72.7
Costs to cover: 0.420%
Break-even: 28.6 days

Slippage from edgeX: live order book, 56 min ago; Aster: live order book, 2 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 edgeX live order book, 56 min ago	7.98 bp	12.6 bp −$13	29.0 bp −$290	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.16 bp	6.4 bp −$6	19.7 bp −$197	168.1 bp −$16.8K	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	−0.1821%	1h	318.67	+0.101%	$169K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	316.69	−0.521%	$127K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	316.73	−0.507%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.82	−0.479%	$43K	$596K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.82	−0.479%	$90.8M	$449.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.80	−0.486%	$25.8M	$108.9M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.80	−0.486%	$12.8M	$51.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.08	−0.398%	$109.8M	$135.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.76	−0.498%	$18.0M	$29.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.60	−0.548%	$35.2M	$51.2M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDClong	+0.0100%	4h	318.35	long leg	$40K	$293K	10x
GRVT TAO_USDT_Perp	+0.0100%	4h	319.06	+0.223%	$528K	$960K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	317.05	−0.407%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.67	−0.526%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.16	−0.373%	$127K	$423K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	316.93	−0.445%	$3.4M	$7.8M	50x	as long as short
Bullet TAO-USD	+0.0100%	1h	316.92	−0.448%	$12K	$17K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.75	−0.500%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	316.85	−0.470%	$733	$633K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0094%	1h	316.61	−0.546%	$455K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	316.98	−0.428%	$376K	$375K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	317.31	−0.325%	$84K	$550K	5x	as long as short
Aster TAOUSDTshort	+0.0212%	4h	316.76	−0.497%	$1.2M	$8.7M	50x
Paradex TAO-USD-PERP	+0.0237%	8h	316.97	−0.432%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0257%	1h	317.00	−0.424%	$17K	$1.5M	25x	as long as short
Polymarket Perps TAO-USD	+0.0279%	1h	317.22	−0.354%	$93K	$633K	5x	as long as short
ApeX Omni TAOUSDT	+0.0292%	1h	318.26	−0.027%	$49K	$267K	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	317.01	−0.420%	$4.4M	$10.8M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0484%	1h	316.97	−0.433%	$5.7M	$20.3M	50x	as long as short
Variational Omni TAO	+0.0515%	4h	318.38	+0.011%	$5.6M	$8.7M	—	as long as short
Phoenix TAO	+0.0525%	1h	318.00	−0.109%	$333K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0568%	1h	316.93	−0.445%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	317.77	−0.181%	$23K	$802	12x	as long as short
BingX TAO-USDT	+0.0596%	4h	317.00	−0.423%	—	$30.4M	—	as long as short
Bybit TAOUSDT	+0.0629%	4h	317.10	−0.391%	$65.3M	$133.2M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	316.95	−0.437%	$364	—	20x	as long as short
Nado TAO-PERP	+0.0776%	1h	317.21	−0.358%	$882K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0822%	1h	317.10	−0.391%	$320K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	318.12	−0.071%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1136%	1h	317.09	−0.395%	$912K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	317.01	−0.420%	$420K	$593K	5x	as long as short
Lighter TAO	+0.1416%	1h	317.41	−0.293%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.1909%	1h	317.21	−0.357%	$101.9M	$91.6M	5x	as long as short