TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.51 per $10,000 · paid last 24h +0.034%

Price spread now: Aster against Gate−0.044%7-day average +0.107% · 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−$70as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.175%+$18 on $10k

Price spread, last 7 days+0.211%+$21 · spread now −0.044%, 7d avg +0.107%

Together, before fees+0.386%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.151% cheaper against Gate than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.107%). If the spread goes back, that is −$15 on $10k: about 4.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TAO_USDT	316.70	0.0100	pay 0.0050% / 4h	3h 07m	$12.9M	$51.2M	50x
Short	Aster TAOUSDT	316.56	0.0202	get 0.0101% / 4h	3h 07m	$1.3M	$8.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.044%Rate

Funding earned: $21.35
Price spread: −0.044% → +0.107%: −$15.07
Slippage, 4 orders: −$31.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$48.57
Costs to cover: 0.548%
Break-even: 22.9 days

Slippage from Gate: live order book, 1 min ago; Aster: live order book, 6 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 Gate live order book, 1 min ago	3.16 bp	18.3 bp −$18	40.9 bp −$409	55.7 bp −$5,567	94.3 bp −$47.2K
Sell Aster live order book, 6 min ago	2.05 bp	8.7 bp −$9	19.6 bp −$196	160.4 bp −$16.0K	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	−0.1228%	1h	316.14	−0.177%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	316.78	+0.025%	$127K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	316.13	−0.179%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	317.00	+0.095%	$42K	$600K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.85	+0.046%	$90.8M	$450.5M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	317.00	+0.095%	$25.8M	$109.2M	50x	as long as short
Gate TAO_USDTlong	+0.0100%	4h	316.70	long leg	$12.9M	$51.2M	50x
MEXC TAO_USDT	+0.0100%	4h	316.95	+0.079%	$99.6M	$136.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.91	+0.066%	$18.0M	$29.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	316.84	+0.044%	$35.2M	$51.4M	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	316.43	−0.087%	$40K	$293K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.09	−0.192%	$524K	$958K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	316.84	+0.044%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.08	−0.196%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.96	+0.082%	$127K	$422K	20x	as long as short
Bullet TAO-USD	+0.0103%	1h	316.48	−0.069%	$12K	$17K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	316.74	+0.014%	$174K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	316.90	+0.063%	$2K	$644K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0101%	1h	316.19	−0.160%	$449K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	316.91	+0.065%	$375K	$376K	10x	as long as short
ApeX Omni TAOUSDT	+0.0185%	1h	316.14	−0.177%	$48K	$267K	50x	as long as short
Arcus TAO-USD	+0.0201%	1h	317.20	+0.158%	$84K	$550K	5x	as long as short
Aster TAOUSDTshort	+0.0202%	4h	316.56	−0.044%	$1.3M	$8.8M	50x
Paradex TAO-USD-PERP	+0.0237%	8h	316.99	+0.092%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0268%	1h	316.36	−0.107%	$92K	$633K	5x	as long as short
Phemex TAOUSDT	+0.0296%	4h	316.97	+0.085%	$3.4M	$7.8M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.05	−0.205%	$4.4M	$10.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0370%	1h	316.81	+0.034%	$17K	$1.5M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0484%	1h	316.67	−0.008%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	316.60	−0.032%	$331K	$624K	5x	as long as short
Variational Omni TAO	+0.0546%	4h	316.94	+0.077%	$5.5M	$8.7M	—	as long as short
01 Exchange TAOUSD	+0.0560%	1h	317.04	+0.107%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	317.77	+0.338%	$23K	$802	12x	as long as short
Reya TAORUSDPERP	+0.0696%	1h	315.96	−0.234%	$363	—	20x	as long as short
BingX TAO-USDT	+0.0702%	4h	317.04	+0.107%	—	$30.7M	—	as long as short
Bybit TAOUSDT	+0.0715%	4h	317.17	+0.148%	$65.3M	$133.5M	50x	as long as short
Nado TAO-PERP	+0.0759%	1h	316.17	−0.168%	$875K	$2.0M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0805%	1h	316.65	−0.016%	$320K	$816K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	317.15	+0.142%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1112%	1h	317.02	+0.102%	$885K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	316.94	+0.077%	$421K	$593K	5x	as long as short
Lighter TAO	+0.1408%	1h	317.42	+0.227%	$1.7M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1798%	1h	317.40	+0.221%	$101.6M	$91.5M	5x	as long as short