TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.034%

Price spread now: Orderly against Aster−0.044%7-day average −0.028% · you buy dearer than you sell

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

Long on Aster Short on Orderly

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)+0.063%+$6 · spread now −0.044%, 7d avg −0.028%

Together, before fees−0.142%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	317.43	0.0292	pay 0.0146% / 4h	1h 54m	$1.2M	$9.3M	50x
Short	Orderly PERP_TAO_USDC	317.29	0.0100	get 0.0050% / 4h	1h 54m	$58K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.044%Rate

Funding earned: −$40.32
Price spread: −0.044% → −0.028%: −$1.63
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$55.95
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Orderly: no order-book sample. 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, 5 min ago	1.11 bp	8.8 bp −$9	19.2 bp −$192	147.5 bp −$14.7K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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 42 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	−0.2257%	1h	317.17	−0.082%	$168K	$40K	10x	as long as short
ApeX Omni TAOUSDT	−0.0750%	1h	314.06	−1.062%	$47K	$253K	50x	as long as short
dYdX TAO-USD	0.0000%	1h	317.56	+0.041%	$127K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	317.09	−0.106%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.49	+0.019%	$45K	$646K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	317.46	+0.009%	$91.7M	$467.5M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.40	−0.010%	$26.2M	$115.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	317.20	−0.073%	$13.0M	$49.1M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	317.43	0.000%	$104.5M	$137.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	317.50	+0.022%	$18.2M	$30.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	317.15	−0.089%	$35.4M	$53.4M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.73	−0.850%	$35K	$300K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	317.40	−0.010%	$79K	$729K	5x	as long as short
Orderly PERP_TAO_USDCshort	+0.0100%	4h	317.29	−0.044%	$58K	$282K	10x
SunX TAO-USDT	+0.0100%	4h	317.22	−0.066%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	317.03	−0.126%	$130K	$475K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	316.98	−0.142%	$3.4M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	317.73	+0.095%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0113%	8h	317.62	+0.060%	$675	$732K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0165% / S +0.0104%	1h	317.07	−0.113%	$431K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0190%	4h	316.25	−0.372%	$526K	$946K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0247%	1h	317.28	−0.048%	$5.6M	$20.5M	50x	as long as short
Aster TAOUSDTlong	+0.0292%	4h	317.43	long leg	$1.2M	$9.3M	50x
Bullet TAO-USD	+0.0330%	1h	317.45	+0.006%	$12K	$18K	20x	as long as short
Paradex TAO-USD-PERP	+0.0350%	8h	317.99	+0.176%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0448%	1h	318.17	+0.233%	$376K	$393K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0458%	1h	317.32	−0.036%	$14K	$1.6M	25x	as long as short
Arcus TAO-USD	+0.0509%	1h	318.13	+0.220%	$100K	$489K	5x	as long as short
Nado TAO-PERP	+0.0545%	1h	317.66	+0.071%	$765K	$2.1M	10x	as long as short
Phoenix TAO	+0.0588%	1h	316.10	−0.419%	$332K	$707K	5x	as long as short
BingX TAO-USDT	+0.0686%	4h	317.43	0.000%	—	$30.3M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	317.35	−0.026%	$365	—	20x	as long as short
Bybit TAOUSDT	+0.0737%	4h	317.32	−0.035%	$67.4M	$138.4M	50x	as long as short
01 Exchange TAOUSD	+0.0744%	1h	318.15	+0.227%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0835%	1h	317.84	+0.129%	$321K	$802K	10x	as long as short
Variational Omni TAO	+0.0865%	4h	319.02	+0.501%	$6.0M	$9.6M	—	as long as short
Extended TAO-USD	+0.0912%	1h	317.39	−0.012%	$900K	$2.3M	25x	as long as short
Lighter TAO	+0.1008%	1h	318.30	+0.273%	$1.6M	$6.1M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	319.28	+0.583%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	317.79	+0.112%	$450K	$626K	5x	as long as short
Hyperliquid TAO	+0.1424%	1h	317.92	+0.154%	$100.6M	$98.1M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	320.94	+1.105%	$23K	$2K	12x	as long as short