TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.034%

Price spread now: Aster against MEXC+0.038%7-day average +0.094% · 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−$34as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.188%+$19 on $10k

Price spread, last 7 days+0.132%+$13 · spread now +0.038%, 7d avg +0.094%

Together, before fees+0.320%+ Points / potential airdropAster: Stage 5 · farm board+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.057% cheaper against MEXC than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.094%). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TAO_USDT	319.07	0.0100	pay 0.0050% / 4h	3h 50m	$105.4M	$131.8M	300x
Short	Aster TAOUSDT	319.19	0.0222	get 0.0111% / 4h	3h 50m	$1.1M	$8.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.038%Rate

Funding earned: $25.64
Price spread: +0.038% → +0.094%: −$5.66
Slippage, 4 orders: −$20.35
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$8.38
Costs to cover: 0.283%
Break-even: 9.3 days

Slippage from MEXC: live order book, 8 min ago; Aster: live order book, 3 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 MEXC live order book, 8 min ago	0.94 bp	7.8 bp −$8	14.9 bp −$149	40.0 bp −$4,000	153.3 bp −$76.7K
Sell Aster live order book, 3 min ago	1.72 bp	11.0 bp −$11	32.5 bp −$325	582.8 bp −$58.3K	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
Bulk TAO-USD	−0.1799%	1h	311.96	−2.228%	$167K	$44K	10x	as long as short
Phemex TAOUSDT	−0.0839%	4h	318.72	−0.110%	$3.4M	$7.9M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	320.40	+0.417%	$128K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	319.64	+0.180%	$21K	—	150x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0069%	1h	319.10	+0.009%	$22K	$1.5M	25x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.80	+0.229%	$42K	$578K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	319.79	+0.226%	$654	$594K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.02	−0.015%	$91.8M	$440.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	319.10	+0.009%	$25.9M	$106.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	318.90	−0.053%	$12.9M	$49.7M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDTlong	+0.0100%	4h	319.07	long leg	$105.4M	$131.8M	300x
KuCoin TAOUSDTM	+0.0100%	4h	319.04	−0.009%	$19.0M	$28.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.29	+0.069%	$35.7M	$48.9M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	318.79	−0.087%	$36K	$288K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	318.51	−0.176%	$48K	$268K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	319.40	+0.103%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.00	−0.022%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.61	−0.144%	$127K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	319.61	+0.169%	$176K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0168%	4h	320.12	+0.329%	$532K	$945K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0085%	1h	319.60	+0.166%	$462K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	320.52	+0.453%	$379K	$371K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	319.66	+0.185%	$84K	$545K	5x	as long as short
Aster TAOUSDTshort	+0.0222%	4h	319.19	+0.038%	$1.1M	$8.1M	50x
Paradex TAO-USD-PERP	+0.0226%	8h	320.04	+0.304%	$15K	$1K	10x	as long as short
Bullet TAO-USD	+0.0274%	1h	319.96	+0.279%	$12K	$17K	20x	as long as short
Variational Omni TAO	+0.0305%	4h	320.13	+0.331%	$5.5M	$8.6M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	319.32	+0.078%	$4.4M	$10.9M	100x	as long as short
Polymarket Perps TAO-USD	+0.0345%	1h	320.58	+0.473%	$100K	$634K	5x	as long as short
BingX TAO-USDT	+0.0378%	4h	319.13	+0.019%	—	$30.7M	—	as long as short
Kraken Futures PF_TAOUSD	+0.0481%	1h	318.87	−0.061%	$5.8M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	321.00	+0.605%	$336K	$624K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	320.58	+0.473%	$23K	$495	12x	as long as short
Bybit TAOUSDT	+0.0636%	4h	319.46	+0.122%	$65.8M	$130.2M	50x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	320.52	+0.454%	$369	—	20x	as long as short
Nado TAO-PERP	+0.0762%	1h	320.36	+0.403%	$892K	$2.0M	10x	as long as short
01 Exchange TAOUSD	+0.0832%	1h	320.08	+0.317%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	321.35	+0.715%	$1.5M	$6.1M	50x	as long as short
Backpack TAO_USDC_PERP	+0.1022%	1h	319.03	−0.013%	$318K	$820K	10x	as long as short
Extended TAO-USD	+0.1048%	1h	319.04	−0.011%	$933K	$2.2M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	319.39	+0.101%	$422K	$586K	5x	as long as short
Lighter TAO	+0.1784%	1h	319.51	+0.139%	$1.7M	$5.9M	5x	as long as short
Hyperliquid TAO	+0.2902%	1h	320.10	+0.323%	$104.7M	$88.6M	5x	as long as short