TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.36 per $10,000 · paid last 24h +0.043%

Price spread now: Aster against Gate+0.074%7-day average +0.111% · 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−$54as in the Price arb table

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

Long on Gate Short on Aster

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+0.116%+$12 · spread now +0.074%, 7d avg +0.111%

Together, before fees+0.287%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.036% cheaper against Gate than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.111%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TAO_USDT	309.40	0.0100	pay 0.0050% / 4h	2h 15m	$12.3M	$48.5M	50x
Short	Aster TAOUSDT	309.63	0.0171	get 0.0086% / 4h	2h 15m	$1.1M	$7.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.074%Rate

Funding earned: $14.92
Price spread: +0.074% → +0.111%: −$3.63
Slippage, 4 orders: −$27.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$39.19
Costs to cover: 0.505%
Break-even: 25.4 days

Slippage from Gate: live order book, 4 min ago; Aster: 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 Gate live order book, 4 min ago	3.23 bp	19.6 bp −$20	39.5 bp −$395	56.5 bp −$5,653	92.6 bp −$46.3K
Sell Aster live order book, 4 min ago	1.62 bp	7.3 bp −$7	20.6 bp −$206	243.8 bp −$24.4K	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
dYdX TAO-USD	0.0000%	1h	309.61	+0.068%	$130K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	309.69	+0.094%	$27K	—	150x	as long as short
Bulk TAO-USD	+0.0052%	1h	305.44	−1.280%	$200K	$57K	10x	as long as short
Popdex TAOUSDT	+0.0096%	1h	309.85	+0.145%	$41K	$530K	20x	as long as short
Pacifica TAO	+0.0100%	1h	309.89	+0.159%	$366K	$367K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	309.55	+0.048%	$86.5M	$404.8M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	309.70	+0.097%	$60.2M	$119.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	309.50	+0.032%	$25.6M	$93.9M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	310.02	+0.200%	$138K	$603K	5x	as long as short
Gate TAO_USDTlong	+0.0100%	4h	309.40	long leg	$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	309.30	−0.032%	$118.0M	$125.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.63	+0.074%	$18.8M	$26.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	309.35	−0.016%	$34.7M	$44.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	309.54	+0.045%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	309.10	−0.098%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	309.62	+0.072%	$40K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	309.81	+0.134%	$551K	$965K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	309.61	+0.068%	$46K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	310.05	+0.210%	$78K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	309.83	+0.139%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	309.43	+0.010%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	309.71	+0.100%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.80	+0.129%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	309.58	+0.058%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	309.85	+0.145%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0111%	8h	310.04	+0.207%	$1K	$446K	5x	as long as short
Paradex TAO-USD-PERP	+0.0162%	8h	309.78	+0.124%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0168%	1h	309.71	+0.102%	$15K	$1.3M	25x	as long as short
Aster TAOUSDTshort	+0.0171%	4h	309.63	+0.074%	$1.1M	$7.5M	50x
Phoenix TAO	+0.0234%	1h	307.60	−0.582%	$326K	$462K	5x	as long as short
Nado TAO-PERP	+0.0291%	1h	309.91	+0.166%	$857K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	309.85	+0.145%	$4.3M	$9.5M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0486% / S −0.0184%	1h	309.61	+0.069%	$455K	—	100x	as long as short
01 Exchange TAOUSD	+0.0520%	1h	310.26	+0.278%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	309.87	+0.152%	$356	—	20x	as long as short
Extended TAO-USD	+0.0712%	1h	309.63	+0.075%	$911K	$2.0M	25x	as long as short
Lighter TAO	+0.0888%	1h	310.06	+0.214%	$1.7M	$4.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	310.65	+0.404%	$1.5M	$5.4M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0995%	1h	309.60	+0.065%	$447K	$716K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.1017%	1h	309.88	+0.155%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	310.01	+0.197%	$414K	$540K	5x	as long as short
Hyperliquid TAO	+0.1781%	1h	310.06	+0.213%	$96.8M	$77.2M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.217%	$22K	$271	12x	as long as short