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 Orderly+0.015%7-day average +0.029% · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.206%+$21 on $10k

Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.015%, 7d avg +0.029%

Together, before fees+0.153%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TAO_USDC	316.47	0.0100	pay 0.0050% / 4h	3h 15m	$57K	$316K	10x
Short	Aster TAOUSDT	316.52	0.0212	get 0.0106% / 4h	3h 15m	$1.2M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.015%Rate

Funding earned: $23.55
Price spread: +0.015% → +0.029%: −$1.41
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $8.14
Costs to cover: 0.140%
Break-even: 4.6 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	0.16 bp	6.4 bp −$6	19.7 bp −$197	168.1 bp −$16.8K	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.695%	$169K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	316.69	+0.069%	$127K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	316.39	−0.025%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.48	+0.003%	$43K	$597K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.04	−0.136%	$90.6M	$449.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.30	−0.054%	$25.8M	$108.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.90	−0.180%	$12.8M	$51.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	316.02	−0.142%	$109.6M	$135.9M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.15	−0.101%	$18.0M	$29.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.11	−0.114%	$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 TAOUSDC	+0.0100%	4h	318.35	+0.593%	$40K	$293K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	319.06	+0.818%	$528K	$960K	10x	as long as short
Bullet TAO-USD	+0.0100%	1h	316.67	+0.064%	$12K	$17K	20x	as long as short
Orderly PERP_TAO_USDClong	+0.0100%	4h	316.47	long leg	$57K	$316K	10x
SunX TAO-USDT	+0.0100%	4h	316.38	−0.028%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.45	−0.006%	$126K	$423K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	316.60	+0.041%	$3.4M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.69	+0.070%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	316.75	+0.088%	$2K	$633K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0173% / S +0.0094%	1h	316.37	−0.032%	$455K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	316.98	+0.162%	$376K	$375K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	317.04	+0.180%	$84K	$550K	5x	as long as short
Aster TAOUSDTshort	+0.0212%	4h	316.52	+0.015%	$1.2M	$8.7M	50x
Paradex TAO-USD-PERP	+0.0235%	8h	316.79	+0.100%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0275%	1h	316.78	+0.098%	$93K	$633K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0275%	1h	316.61	+0.046%	$17K	$1.5M	25x	as long as short
ApeX Omni TAOUSDT	+0.0292%	1h	318.26	+0.566%	$49K	$267K	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	317.01	+0.171%	$4.4M	$10.8M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0484%	1h	316.54	+0.021%	$5.7M	$20.3M	50x	as long as short
Variational Omni TAO	+0.0516%	4h	316.67	+0.062%	$5.5M	$8.7M	—	as long as short
Phoenix TAO	+0.0525%	1h	318.00	+0.483%	$333K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0568%	1h	316.96	+0.155%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	317.77	+0.411%	$23K	$802	12x	as long as short
BingX TAO-USDT	+0.0596%	4h	316.15	−0.101%	—	$30.4M	—	as long as short
Bybit TAOUSDT	+0.0629%	4h	316.45	−0.006%	$65.2M	$133.3M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	316.49	+0.007%	$364	—	20x	as long as short
Nado TAO-PERP	+0.0778%	1h	316.44	−0.009%	$879K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0817%	1h	316.20	−0.085%	$320K	$816K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	317.35	+0.278%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1128%	1h	316.32	−0.048%	$886K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	316.84	+0.117%	$419K	$593K	5x	as long as short
Lighter TAO	+0.1416%	1h	316.63	+0.049%	$1.7M	$6.0M	5x	as long as short
Hyperliquid TAO	+0.1893%	1h	316.49	+0.006%	$101.5M	$91.7M	5x	as long as short