TAO Funding Rate Arbitrage

Name: Funding Rate Arbitrage Yields Dataset
Creator: Yieldo
License: https://creativecommons.org/licenses/by/4.0/

Result from known costs: +154.50 USDT; TAO · long KuCoin TAOUSDTM · short Aster TAOUSDT · 5,000 per leg · 30 days
TAO funding pairs across exchanges: 50

TAO funding pairs across exchanges

LIVE Updated Nov 12, 2026 02:35 UTC

Both legs of every pair use rates from the same moment. The spread is the hourly funding rate of the short leg minus the long leg; the annual figure is the hourly spread × 8760 at the rates shown. The result covers 30 days on 5,000 USDT per leg with the venues’ public taker fees; the order-book spread and slippage on execution are not included.

Long	Short	Spread per hour	Annual (hourly × 8760)	Status	Result for 30 days
KuCoin TAOUSDTM	Aster TAOUSDT	+0.004575%/h	≈ +40.08% APR	from known costs	+154.50 USDT
KuCoin TAOUSDTM	BingX TAO-USDT	+0.004575%/h	≈ +40.08% APR	from known costs	+153.54 USDT
KuCoin TAOUSDTM	Bybit TAOUSDT	+0.004575%/h	≈ +40.08% APR	from known costs	+153.04 USDT
KuCoin TAOUSDTM	Gate.io TAO_USDT	+0.004050%/h	≈ +35.48% APR	from known costs	+132.20 USDT
KuCoin TAOUSDTM	Bitget TAOUSDT	+0.003650%/h	≈ +31.97% APR	from known costs	+119.35 USDT
KuCoin TAOUSDTM	MEXC TAO_USDT	+0.003475%/h	≈ +30.44% APR	from known costs	+117.05 USDT
KuCoin TAOUSDTM	Binance TAOUSDT	+0.003533%/h	≈ +30.95% APR	from known costs	+116.03 USDT
KuCoin TAOUSDTM	OKX TAO-USDT-SWAP	+0.003251%/h	≈ +28.48% APR	from known costs	+106.00 USDT
OKX TAO-USDT-SWAP	Aster TAOUSDT	+0.001324%/h	≈ +11.60% APR	from known costs	+38.66 USDT
OKX TAO-USDT-SWAP	BingX TAO-USDT	+0.001324%/h	≈ +11.60% APR	from known costs	+37.64 USDT
OKX TAO-USDT-SWAP	Bybit TAOUSDT	+0.001324%/h	≈ +11.60% APR	from known costs	+37.14 USDT
MEXC TAO_USDT	Aster TAOUSDT	+0.001100%/h	≈ +9.64% APR	from known costs	+33.61 USDT
MEXC TAO_USDC	Hyperliquid TAO	+0.001100%/h	≈ +9.64% APR	from known costs	+33.14 USDC
MEXC TAO_USDT	BingX TAO-USDT	+0.001100%/h	≈ +9.64% APR	from known costs	+32.59 USDT
MEXC TAO_USDC	Bybit TAOPERP	+0.001100%/h	≈ +9.64% APR	from known costs	+32.10 USDC
MEXC TAO_USDT	Bybit TAOUSDT	+0.001100%/h	≈ +9.64% APR	from known costs	+32.09 USDT
edgeX 30000070	Hyperliquid TAO	+0.001077%/h	≈ +9.43% APR	from known costs	+29.80 USDC
edgeX 30000070	Bybit TAOPERP	+0.001077%/h	≈ +9.43% APR	from known costs	+28.77 USDC
Binance TAOUSDT	Aster TAOUSDT	+0.001042%/h	≈ +9.13% APR	from known costs	+28.53 USDT
Binance TAOUSDT	BingX TAO-USDT	+0.001042%/h	≈ +9.13% APR	from known costs	+27.52 USDT
Binance TAOUSDT	Bybit TAOUSDT	+0.001042%/h	≈ +9.13% APR	from known costs	+27.02 USDT
Bitget TAOUSDT	Aster TAOUSDT	+0.000925%/h	≈ +8.10% APR	from known costs	+23.32 USDT
Bitget TAOUSDT	BingX TAO-USDT	+0.000925%/h	≈ +8.10% APR	from known costs	+22.31 USDT
Bitget TAOUSDT	Bybit TAOUSDT	+0.000925%/h	≈ +8.10% APR	from known costs	+21.81 USDT
OKX TAO-USDT-SWAP	Gate.io TAO_USDT	+0.000799%/h	≈ +7.00% APR	from known costs	+16.25 USDT
MEXC TAO_USDT	Gate.io TAO_USDT	+0.000575%/h	≈ +5.04% APR	from known costs	+11.20 USDT
Gate.io TAO_USDT	Aster TAOUSDT	+0.000525%/h	≈ +4.60% APR	from known costs	+7.44 USDT
Gate.io TAO_USDT	BingX TAO-USDT	+0.000525%/h	≈ +4.60% APR	from known costs	+6.41 USDT
Binance TAOUSDT	Gate.io TAO_USDT	+0.000517%/h	≈ +4.53% APR	from known costs	+6.11 USDT
Gate.io TAO_USDT	Bybit TAOUSDT	+0.000525%/h	≈ +4.60% APR	from known costs	+5.91 USDT
OKX TAO-USDT-SWAP	Bitget TAOUSDT	+0.000399%/h	≈ +3.49% APR	from known costs	+3.35 USDT
OKX TAO-USDT-SWAP	MEXC TAO_USDT	+0.000224%/h	≈ +1.96% APR	from known costs	+1.05 USDT
Bitget TAOUSDT	Gate.io TAO_USDT	+0.000400%/h	≈ +3.50% APR	from known costs	+0.90 USDT
OKX TAO-USDT-SWAP	Binance TAOUSDT	+0.000281%/h	≈ +2.47% APR	from known costs	+0.14 USDT
MEXC TAO_USDT	Bitget TAOUSDT	+0.000175%/h	≈ +1.53% APR	from known costs	−1.70 USDT
MEXC TAO_USDT	Binance TAOUSDT	+0.000058%/h	≈ +0.51% APR	from known costs	−4.91 USDT
MEXC TAO_USDC	edgeX 30000070	+0.000023%/h	≈ +0.20% APR	from known costs	−5.66 USDC
Binance TAOUSDT	Bitget TAOUSDT	+0.000117%/h	≈ +1.03% APR	from known costs	−6.78 USDT
BingX TAO-USDT	Aster TAOUSDT	0.000000%/h	≈ 0.00% APR	from known costs	−8.96 USDT
Bybit TAOUSDT	Aster TAOUSDT	0.000000%/h	≈ 0.00% APR	from known costs	−9.46 USDT
Bybit TAOPERP	Hyperliquid TAO	0.000000%/h	≈ 0.00% APR	from known costs	−9.93 USDC
Bybit TAOUSDT	BingX TAO-USDT	0.000000%/h	≈ 0.00% APR	from known costs	−10.50 USDT
KuCoin TAOUSDTM	MEXC TAO_USD1	+0.003475%/h	≈ +30.44% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
KuCoin TAOUSDTM	MEXC TAO_USDC	+0.003475%/h	≈ +30.44% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USD1	Aster TAOUSDT	+0.001100%/h	≈ +9.64% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USD1	BingX TAO-USDT	+0.001100%/h	≈ +9.64% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USD1	Gate.io TAO_USDT	+0.000575%/h	≈ +5.04% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USD1	MEXC TAO_USDC	0.000000%/h	≈ 0.00% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USD1	MEXC TAO_USDT	0.000000%/h	≈ 0.00% APR	from known costs	—Execution costs (spread and slippage) are not estimated.
MEXC TAO_USDC	Aster TAOUSDT	+0.001100%/h	≈ +9.64% APR	from known costs	—Execution costs (spread and slippage) are not estimated.

Pairs not shown here: 41. Any of them can be picked in the calculator.

Pairs outside the list without usable data: 14.

There is no price the venue uses to compute funding. (14)

TAO: scenario for the top pair

TAO · long KuCoin TAOUSDTM · short Aster TAOUSDT · 5,000 per leg · 30 days

Result from known costs

Some costs are unknown, so the total is incomplete. Missing:

Execution costs (spread and slippage) are not estimated.

Result from known costs

+154.50 USDT

30d

Rates

Rate spread per hour: +0.004575%/h
Spread, annualized: ≈ +40.08% APR

Instrument	Rate per period	Rate kind	Per hour	Annual (hourly × 8760)	Who pays	Next settlement
TAOUSDTM · KuCoin	-0.013300% per 4h	current, accruing	-0.003325%/h	≈ −29.13% APR	long receives	Nov 12, 2026 04:00 UTC from exchange data
TAOUSDT · Aster	+0.005000% per 4h	current, accruing	+0.001250%/h	≈ +10.95% APR	short receives	Nov 12, 2026 04:00 UTC from exchange data

Annual = hourly rate × 8760 h — the rate shown, stretched over a year.

Costs and result

Funding over 30d: +164.49 USDT
Trading fee, KuCoin, entry: −2.99 USDT taker · 0.0600% · the venue’s fee for this contract
Trading fee, KuCoin, exit: −2.99 USDT taker · 0.0600% · the venue’s fee for this contract
Trading fee, Aster, entry: −2.00 USDT taker · 0.0400% · venue public base fee
Trading fee, Aster, exit: −2.00 USDT taker · 0.0400% · venue public base fee
Spread and slippage, KuCoin, entry: —Execution costs (spread and slippage) are not estimated.
Spread and slippage, KuCoin, exit: —Execution costs (spread and slippage) are not estimated.
Spread and slippage, Aster, entry: —Execution costs (spread and slippage) are not estimated.
Spread and slippage, Aster, exit: —Execution costs (spread and slippage) are not estimated.
Result from known costs: +154.50 USDT

Break-even

Calendar break-even: 1d 17h Nov 13, 2026 20:00 UTC
Approximation: costs ÷ daily funding flow: ≈ 1.82 days
Funding spread to break even over 30d: 0.006660%/day

Break-even uses known costs only, so it is not the full break-even.

Rate history

Full history since: Sep 24, 2026 12:00 UTC
Payments in history: 564
History coverage: 52.22%

Window	Status	Mean spread (time-weighted)	Sum of settled rates	Share of positive periods	Sign changes	Payments · coverage	Reasons
24 h	from known costs	+0.001161%/h	—There is not enough rate history for this metric.	50.00%	0	8 · 66.67%	There is not enough rate history for this metric.
7 days	from known costs	+0.000555%/h	—Rates are unknown for part of the period: the metric uses known values only.	66.67%	0	72 · 85.71%	Rates are unknown for part of the period: the metric uses known values only.; There is not enough rate history for this metric.
30 days	from known costs	+0.000063%/h	—Rates are unknown for part of the period: the metric uses known values only.	51.72%	4	348 · 96.67%	Rates are unknown for part of the period: the metric uses known values only.; There is not enough rate history for this metric.
90 days	from known costs	+0.000063%/h	—Rates are unknown for part of the period: the metric uses known values only.	44.68%	4	564 · 52.22%	Rates are unknown for part of the period: the metric uses known values only.; There is not enough rate history for this metric.

The funding path is hypothetical: fixed size, no price changes, fees or liquidations.

Data and assumptions

KuCoin rate: Nov 12, 2026 02:30 UTC
Aster rate: Nov 12, 2026 02:30 UTC
Valid until: Nov 12, 2026 02:50 UTC

KuCoin: The venue does not state the data time — it is determined indirectly.
Aster: The venue does not document whether this is the current rate or a forecast: the kind is determined from its actual data.
The pair’s rates come from the shared list update and were not rechecked separately.
A payment at the opening moment is outside the period; a payment at the closing moment is inside.
Quantity = notional ÷ the higher of the leg prices.
The price funding is calculated from does not change until the payment.
The current rate stays unchanged in repeats.
The funding interval does not change.
Capital is already on the venues: no entry transfer; return and rebalancing are not included.
The exit price equals the current price: exit notional and fee are as of now.
Margin equals the leg notional (1× leverage).
Reserve on the venue is 0.
Margin equals the leg notional (1× leverage).
Reserve on the venue is 0.

Open long TAOUSDTM on KuCoin Open short TAOUSDT on Aster

Each button opens one leg of this calculation on its venue.

Change size, venues or fees in the calculator →

TAO pairs over the last 7 days

Past days, not current opportunities. Days and times are UTC.

Last usable pair: Nov 12, 2026 02:35 UTC, long KuCoin TAOUSDTM / short Aster TAOUSDT, +0.004575%/h.

Day	Updates with a pair	Most pairs at once	Widest spread	Pair
Nov 12, 2026	16	55	+0.004825%/h	long KuCoin TAOUSDTM / short Aster TAOUSDT
Nov 11, 2026	144	55	+0.006053%/h	long Bybit TAOUSDT / short MEXC TAO_USDT
Nov 10, 2026	144	55	+0.017865%/h	long Bybit TAOPERP / short Hyperliquid TAO
Nov 9, 2026	144	55	+0.021100%/h	long Gate.io TAO_USDT / short MEXC TAO_USDT
Nov 8, 2026	144	55	+0.007232%/h	long Bybit TAOUSDT / short Aster TAOUSDT
Nov 7, 2026	144	55	+0.008325%/h	long Gate.io TAO_USDT / short MEXC TAO_USDT
Nov 6, 2026	144	55	+0.009430%/h	long Bybit TAOPERP / short MEXC TAO_USDC

How funding rate arbitrage works

A perpetual futures contract pays a periodic funding rate between longs and shorts. When two exchanges show different funding rates for the same coin, you can go long where funding is low (or negative) and short where it is high — staying delta-neutral on price while collecting the funding spread. Yieldo scans live rates across all supported exchanges and ranks the best long/short pairs after fees.

TAO funding rates by exchange →

TAO FAQ

What is funding rate arbitrage?

It is a delta-neutral strategy: you open a long position where the perpetual funding rate is low or negative and a short of the same size where funding is high. Price moves cancel out, and you collect the difference in funding payments.

Is TAO funding arbitrage risk-free?

No. It is market-neutral, not risk-free. Funding rates can flip before the next payment, both legs require margin (liquidation risk), and exchange or transfer issues can break the hedge. Treat the annualized yield as indicative, not guaranteed.

How is the annualized yield calculated?

We take the current funding-rate spread between the two exchanges and annualize it by the number of funding intervals per year for each contract. Actual returns depend on how long the spread persists.