TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.034%

Price spread now: Aster against HTX−0.094%7-day average +0.143% · 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−$233as in the Price arb table

costs, in and out, $10k−$2092.092% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.241%+$24 on $10k

Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.094%, 7d avg +0.143%

Together, before fees+0.481%+ Points / potential airdropAster: Stage 5 · farm board+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.237% cheaper against HTX than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.143%). If the spread goes back, that is −$24 on $10k: about 4.4 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TAO-USDT	314.75	0.0100	pay 0.0050% / 4h	1h 57m	$129K	$474K	20x
Short	Aster TAOUSDT	314.45	0.0281	get 0.0140% / 4h	1h 57m	$1.2M	$9.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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 HTXbpFee AsterbpOrdersPrice spread, now −0.094%Rate

Funding earned: $37.94
Price spread: −0.094% → +0.143%: −$23.74
Slippage, 4 orders: −$189.23
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$195.03
Costs to cover: 2.092%
Break-even: 43.0 days

Slippage from HTX: 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 HTX live order book, 6 min ago	18.11 bp	110.6 bp −$111	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	1.11 bp	9.7 bp −$10	18.4 bp −$184	127.4 bp −$12.7K	doesn't fit

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	−0.0185%	1h	315.28	+0.168%	$167K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	313.99	−0.241%	$126K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.23	+0.152%	$10K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.90	−0.270%	$45K	$646K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.06	−0.219%	$90.7M	$466.6M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.00	−0.238%	$26.0M	$113.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.00	−0.238%	$12.8M	$49.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.07	−0.216%	$103.1M	$137.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.48	−0.086%	$17.8M	$30.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.34	−0.130%	$35.1M	$53.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	317.02	+0.721%	$36K	$302K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.31	−0.140%	$75K	$722K	5x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	315.35	+0.191%	$57K	$282K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.44	+0.219%	$1K	$1.9M	20x	as long as short
HTX TAO-USDTlong	+0.0100%	4h	314.75	long leg	$129K	$474K	20x
Phemex TAOUSDT	+0.0100%	4h	314.74	−0.003%	$3.4M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.48	+0.232%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0114%	8h	314.09	−0.210%	$2K	$730K	5x	as long as short
ApeX Omni TAOUSDT	+0.0148%	1h	316.61	+0.591%	$47K	$252K	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0165% / S +0.0104%	1h	315.19	+0.139%	$428K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0192%	4h	317.15	+0.763%	$527K	$957K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0249%	1h	315.04	+0.091%	$5.6M	$20.5M	50x	as long as short
Aster TAOUSDTshort	+0.0281%	4h	314.45	−0.094%	$1.2M	$9.3M	50x
Bullet TAO-USD	+0.0332%	1h	315.61	+0.273%	$12K	$18K	20x	as long as short
Paradex TAO-USD-PERP	+0.0346%	8h	314.38	−0.118%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0368%	1h	315.23	+0.153%	$14K	$1.6M	25x	as long as short
Pacifica TAO	+0.0448%	1h	314.55	−0.064%	$372K	$393K	10x	as long as short
Arcus TAO-USD	+0.0509%	1h	314.59	−0.051%	$99K	$489K	5x	as long as short
Phoenix TAO	+0.0588%	1h	318.30	+1.128%	$334K	$672K	5x	as long as short
01 Exchange TAOUSD	+0.0680%	1h	314.46	−0.092%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.56	−0.061%	$362	—	20x	as long as short
BingX TAO-USDT	+0.0720%	4h	314.24	−0.162%	—	$30.3M	—	as long as short
Backpack TAO_USDC_PERP	+0.0725%	1h	314.92	+0.054%	$318K	$802K	10x	as long as short
Bybit TAOUSDT	+0.0738%	4h	314.12	−0.200%	$66.7M	$138.2M	50x	as long as short
Variational Omni TAO	+0.0848%	4h	316.96	+0.702%	$6.1M	$9.5M	—	as long as short
Extended TAO-USD	+0.0888%	1h	314.14	−0.193%	$891K	$2.3M	25x	as long as short
Lighter TAO	+0.0928%	1h	315.02	+0.087%	$1.6M	$6.1M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	317.13	+0.756%	$1.5M	$6.4M	50x	as long as short
Nado TAO-PERP	+0.1032%	1h	314.30	−0.142%	$752K	$2.1M	10x	as long as short
RISEx TAO/USDC	+0.1159%	1h	314.39	−0.113%	$445K	$626K	5x	as long as short
Hyperliquid TAO	+0.1171%	1h	314.89	+0.046%	$99.1M	$97.4M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	320.94	+1.967%	$23K	$2K	12x	as long as short