TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.034%

Price spread now: Aster against KuCoin+0.021%7-day average +0.080% · 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−$55as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.168%+$17 on $10k

Price spread, last 7 days+0.130%+$13 · spread now +0.021%, 7d avg +0.080%

Together, before fees+0.298%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.080%). If the spread goes back, that is −$6 on $10k: about 46 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TAOUSDTM	314.78	0.0100	pay 0.0050% / 4h	3h 02m	$18.3M	$29.3M	75x
Short	Aster TAOUSDT	314.85	0.0204	get 0.0102% / 4h	3h 02m	$1.3M	$8.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.021%Rate

Funding earned: $21.86
Price spread: +0.021% → +0.080%: −$5.93
Slippage, 4 orders: −$28.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$33
Costs to cover: 0.489%
Break-even: 17.6 days

Slippage from KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago	1.74 bp	11.0 bp −$11	24.4 bp −$244	doesn't fit	doesn't fit
Sell Aster live order book, 6 min ago	2.21 bp	8.5 bp −$9	25.6 bp −$256	162.8 bp −$16.3K	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	−0.1228%	1h	316.14	+0.432%	$168K	$40K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.55	−0.073%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	314.56	−0.070%	$14K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.85	+0.022%	$43K	$605K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	315.42	+0.205%	$90.4M	$452.4M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.90	+0.356%	$25.6M	$109.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.50	−0.089%	$12.8M	$51.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.50	−0.089%	$99.7M	$137.5M	300x	as long as short
KuCoin TAOUSDTMlong	+0.0100%	4h	314.78	long leg	$18.3M	$29.3M	75x
Bitget TAOUSDT	+0.0100%	4h	315.64	+0.273%	$35.1M	$51.7M	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	317.06	+0.723%	$40K	$294K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.35	+0.499%	$524K	$958K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	314.92	+0.044%	$57K	$316K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	314.86	+0.025%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.14	+0.114%	$126K	$422K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.22	+0.140%	$173K	$998	3x	as long as short
Bullet TAO-USD	+0.0106%	1h	314.59	−0.060%	$12K	$17K	20x	as long as short
ApeX Omni TAOUSDT	+0.0117%	1h	316.47	+0.537%	$48K	$267K	50x	as long as short
Katana Perps TAO-USD	+0.0121%	8h	314.82	+0.013%	$1K	$647K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0172% / S +0.0102%	1h	314.37	−0.130%	$446K	—	100x	as long as short
Pacifica TAO	+0.0185%	1h	314.69	−0.029%	$373K	$376K	10x	as long as short
Arcus TAO-USD	+0.0201%	1h	314.88	+0.032%	$83K	$550K	5x	as long as short
Aster TAOUSDTshort	+0.0204%	4h	314.85	+0.021%	$1.3M	$8.9M	50x
Paradex TAO-USD-PERP	+0.0235%	8h	314.64	−0.043%	$14K	$1K	10x	as long as short
Polymarket Perps TAO-USD	+0.0255%	1h	314.68	−0.032%	$92K	$633K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.26	−0.165%	$4.4M	$10.7M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0370%	1h	314.85	+0.021%	$17K	$1.5M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0487%	1h	314.57	−0.068%	$5.7M	$20.3M	50x	as long as short
Phoenix TAO	+0.0525%	1h	317.00	+0.705%	$332K	$624K	5x	as long as short
01 Exchange TAOUSD	+0.0560%	1h	315.19	+0.130%	$3K	$4K	5x	as long as short
Injective TAO/USDC PERP	+0.0571%	1h	320.46	+1.804%	$23K	$2K	12x	as long as short
Variational Omni TAO	+0.0571%	4h	316.78	+0.634%	$5.5M	$8.7M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	314.46	−0.101%	$362	—	20x	as long as short
BingX TAO-USDT	+0.0702%	4h	315.03	+0.079%	—	$30.7M	—	as long as short
Phemex TAOUSDT	+0.0706%	4h	314.49	−0.092%	$3.4M	$7.8M	50x	as long as short
Bybit TAOUSDT	+0.0752%	4h	315.94	+0.369%	$65.1M	$133.9M	50x	as long as short
Nado TAO-PERP	+0.0754%	1h	314.80	+0.006%	$779K	$2.1M	10x	as long as short
Backpack TAO_USDC_PERP	+0.0796%	1h	315.21	+0.137%	$319K	$818K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	314.95	+0.054%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1088%	1h	315.86	+0.344%	$879K	$2.3M	25x	as long as short
RISEx TAO/USDC	+0.1141%	1h	314.67	−0.034%	$418K	$593K	5x	as long as short
Lighter TAO	+0.1400%	1h	314.96	+0.058%	$1.6M	$6.1M	5x	as long as short
Hyperliquid TAO	+0.1739%	1h	315.36	+0.184%	$100.9M	$91.7M	5x	as long as short