TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.039%

Price spread now: Aster against KuCoin+0.019%7-day average +0.075% · 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−$58as in the Price arb table

costs, in and out, $10k−$530.526% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.171%+$17 on $10k

Price spread, last 7 days+0.142%+$14 · spread now +0.019%, 7d avg +0.075%

Together, before fees+0.313%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.056% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.075%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$7 a day). At the pace of the last 6 days (+0.171% in total) that is about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TAOUSDTM	316.38	0.0100	pay 0.0050% / 4h	3h 52m	$17.8M	$32.5M	75x
Short	Aster TAOUSDT	316.44	0.0342	get 0.0171% / 4h	3h 52m	$1.3M	$11.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.019%Rate

Funding earned: $50.82
Price spread: +0.019% → +0.075%: −$5.59
Slippage, 4 orders: −$32.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.34
Costs to cover: 0.526%
Break-even: 8.0 days

Slippage from KuCoin: live order book, 6 min ago; Aster: 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 KuCoin live order book, 6 min ago	0.94 bp	20.8 bp −$21	34.4 bp −$344	82.2 bp −$8,217	doesn't fit
Sell Aster live order book, 1 min ago	1.26 bp	7.2 bp −$7	18.2 bp −$182	137.2 bp −$13.7K	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	315.63	−0.236%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.94	+0.177%	$49K	$718K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	316.70	+0.101%	$1K	$1.2M	5x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.30	−0.025%	$26.3M	$130.8M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	317.09	+0.224%	$168K	$0	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.20	−0.057%	$14.8M	$49.0M	50x	as long as short
KuCoin TAOUSDTMlong	+0.0100%	4h	316.38	long leg	$17.8M	$32.5M	75x
Bitget TAOUSDT	+0.0100%	4h	316.11	−0.085%	$35.6M	$57.7M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.18	−0.062%	$541K	$887K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	317.06	+0.215%	$87K	$1.2M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	316.36	−0.006%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.33	−0.016%	$115K	$590K	20x	as long as short
ApeX Omni TAOUSDT	+0.0101%	1h	315.82	−0.177%	$45K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0120%	1h	316.69	+0.098%	$174K	$998	3x	as long as short
dYdX TAO-USD	+0.0143%	1h	316.16	−0.070%	$127K	$86K	5x	as long as short
Binance TAOUSDT	+0.0165%	4h	316.45	+0.022%	$92.6M	$531.8M	75x	as long as short
MEXC TAO_USDT	+0.0166%	4h	316.56	+0.057%	$103.9M	$151.3M	300x	as long as short
edgeX TAOUSDC	+0.0172%	4h	315.95	−0.137%	$42K	$320K	10x	as long as short
BingX TAO-USDT	+0.0176%	4h	316.51	+0.041%	—	$37.3M	—	as long as short
Orderly PERP_TAO_USDC	+0.0196%	4h	316.60	+0.070%	$54K	$299K	10x	as long as short
Paradex TAO-USD-PERP	+0.0251%	8h	316.60	+0.068%	$14K	$1K	10x	as long as short
Bullet TAO-USD	+0.0299%	1h	316.60	+0.071%	$12K	$17K	20x	as long as short
Aster TAOUSDTshort	+0.0342%	4h	316.44	+0.019%	$1.3M	$11.1M	50x
Pacifica TAO	+0.0349%	1h	316.44	+0.018%	$371K	$454K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0366% / S −0.0107%	1h	316.21	−0.053%	$372K	—	100x	as long as short
Extended TAO-USD	+0.0384%	1h	316.45	+0.022%	$899K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0404%	1h	316.95	+0.180%	$100K	$377K	5x	as long as short
BloFin TAO-USDT	+0.0405%	4h	316.62	+0.076%	$4.8M	$10.9M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0448%	1h	316.50	+0.038%	$15K	$1.9M	25x	as long as short
Hyperliquid TAO	+0.0560%	1h	316.52	+0.044%	$93.6M	$109.5M	5x	as long as short
Nado TAO-PERP	+0.0572%	1h	316.96	+0.184%	$778K	$2.0M	10x	as long as short
Phoenix TAO	+0.0578%	1h	318.30	+0.607%	$320K	$714K	5x	as long as short
Variational Omni TAO	+0.0589%	4h	316.63	+0.080%	$5.6M	$10.1M	—	as long as short
Phemex TAOUSDT	+0.0606%	4h	316.49	+0.035%	$3.2M	$8.2M	50x	as long as short
Lighter TAO	+0.0648%	1h	316.81	+0.136%	$1.6M	$6.6M	5x	as long as short
01 Exchange TAOUSD	+0.0656%	1h	316.98	+0.190%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	316.78	+0.127%	$364	—	20x	as long as short
Kraken Futures PF_TAOUSD	+0.0786%	1h	316.72	+0.106%	$6.0M	$21.4M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0829%	1h	316.77	+0.123%	$317K	$1.0M	10x	as long as short
RISEx TAO/USDC	+0.0840%	1h	316.73	+0.109%	$449K	$668K	5x	as long as short
Bybit TAOUSDT	+0.0913%	4h	316.48	+0.032%	$69.7M	$156.3M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	317.34	+0.303%	$1.2M	$7.3M	50x	as long as short
Injective TAO/USDC PERP	+0.3512%	1h	321.91	+1.748%	$23K	$2K	12x	as long as short