TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.034%

Price spread now: Binance against Aster−0.003%7-day average −0.086% · 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−$23as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.195%−$20 on $10k

Price spread, last 7 days−0.172%−$17 · spread now −0.003%, 7d avg −0.086%

Together, before fees−0.367%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.082% dearer against Aster than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.086%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TAOUSDT	314.31	0.0199	pay 0.0100% / 4h	2h 34m	$1.3M	$10.6M	50x
Short	Binance TAOUSDT	314.30	0.0100	get 0.0050% / 4h	2h 34m	$90.2M	$507.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.003%Rate

Funding earned: −$20.79
Price spread: −0.003% → −0.086%: $8.25
Slippage, 4 orders: −$12.85
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.39
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Binance: live order book, 9 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 Aster live order book, 4 min ago	1.60 bp	8.3 bp −$8	20.5 bp −$205	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.16 bp	7.8 bp −$8	14.4 bp −$144	30.6 bp −$3,063	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 −0.0004%	1h	314.03	−0.090%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0039%	1h	314.72	+0.130%	$125K	$85K	5x	as long as short
Binance TAOUSDTshort	+0.0100%	4h	314.30	−0.003%	$90.2M	$507.5M	75x
OKX TAO-USDT-SWAP	+0.0100%	8h	314.20	−0.035%	$26.3M	$122.4M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	314.32	+0.003%	$167K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.00	−0.099%	$13.9M	$50.8M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.44	+0.041%	$107.6M	$145.5M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.31	0.000%	$17.4M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.99	−0.102%	$35.3M	$57.0M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.69	−0.198%	$41K	$315K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	314.32	+0.003%	$90K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.52	+0.385%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.64	+0.423%	$111K	$553K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	315.98	+0.531%	$3.2M	$8.0M	50x	as long as short
Katana Perps TAO-USD	+0.0103%	8h	314.61	+0.095%	$644	$907K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.42	+0.033%	$173K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0124%	4h	314.24	−0.022%	$52K	$290K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0130% / S +0.0139%	1h	313.92	−0.123%	$421K	—	100x	as long as short
Popdex TAOUSDT	+0.0184%	1h	314.45	+0.045%	$50K	$665K	20x	as long as short
Aster TAOUSDTlong	+0.0199%	4h	314.31	long leg	$1.3M	$10.6M	50x
Pacifica TAO	+0.0233%	1h	315.03	+0.228%	$359K	$419K	10x	as long as short
Nado TAO-PERP	+0.0256%	1h	314.67	+0.115%	$777K	$2.2M	10x	as long as short
Paradex TAO-USD-PERP	+0.0265%	8h	315.10	+0.252%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0296%	1h	314.13	−0.057%	$10K	$1.8M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0301%	1h	316.14	+0.582%	$5.9M	$21.4M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0306%	4h	313.96	−0.111%	$533K	$935K	10x	as long as short
Bullet TAO-USD	+0.0333%	1h	314.35	+0.013%	$12K	$17K	20x	as long as short
ApeX Omni TAOUSDT	+0.0338%	1h	313.52	−0.251%	$44K	$257K	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	315.94	+0.519%	$4.6M	$11.0M	100x	as long as short
BingX TAO-USDT	+0.0426%	4h	314.31	0.000%	—	$33.7M	—	as long as short
Variational Omni TAO	+0.0431%	4h	314.95	+0.202%	$5.5M	$10.1M	—	as long as short
Extended TAO-USD	+0.0456%	1h	314.72	+0.130%	$904K	$2.4M	25x	as long as short
Bybit TAOUSDT	+0.0462%	4h	314.38	+0.022%	$68.2M	$152.3M	50x	as long as short
Arcus TAO-USD	+0.0483%	1h	315.01	+0.223%	$101K	$370K	5x	as long as short
Phoenix TAO	+0.0513%	1h	314.00	−0.099%	$312K	$713K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	314.43	+0.039%	$362	—	20x	as long as short
01 Exchange TAOUSD	+0.0776%	1h	314.62	+0.099%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0796%	1h	314.64	+0.107%	$92.0M	$108.8M	5x	as long as short
Lighter TAO	+0.0832%	1h	315.20	+0.283%	$1.5M	$6.6M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0840%	1h	315.92	+0.512%	$312K	$889K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	316.93	+0.834%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	314.58	+0.087%	$456K	$651K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	317.66	+1.066%	$23K	$2K	12x	as long as short