TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0091%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.068%

Price spread now: Nado against Aevo−0.099%7-day average −0.053% · 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−$134as in the Price arb table

costs, in and out, $10k−$1291.291% of the position

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.075%+$8 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.099%, 7d avg −0.053%

Together, before fees+0.060%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.046% cheaper against Aevo than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.053%). If the spread goes back, that is −$5 on $10k: about 41 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	Aevo TAO-PERP	314.09	0.0104	pay 0.0013% / 1h	53m 49s	$172K	$998	3x
Short	Nado TAO-PERP	313.78	0.0195	get 0.0024% / 1h	53m 49s	$797K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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 AevobpFee NadobpOrdersPrice spread, now −0.099%Rate

Funding earned: $19.01
Price spread: −0.099% → −0.053%: −$4.6
Slippage, 4 orders: −$106.08
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$114.67
Costs to cover: 1.291%
Break-even: 49.2 days

Slippage from Aevo: live order book, 65 min ago; Nado: live order book, 5 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 Aevo live order book, 65 min ago	37.19 bp	51.6 bp −$52	303.2 bp −$3,032	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.48 bp	7.7 bp −$8	19.8 bp −$198	doesn't fit	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
Kraken Futures PF_TAOUSD	−0.0346%	1h	313.56	−0.167%	$5.5M	$20.6M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	314.02	−0.022%	$125K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.84	−0.079%	$20K	—	150x	as long as short
Gate TAO_USDT	+0.0008%	4h	313.60	−0.156%	$13.0M	$49.2M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.95	−0.044%	$43K	$653K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	313.86	−0.073%	$644	$806K	5x	as long as short
Pacifica TAO	+0.0100%	1h	314.22	+0.041%	$358K	$412K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.27	+0.056%	$90.6M	$496.0M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.20	+0.035%	$67.6M	$149.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.00	−0.029%	$26.0M	$120.6M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk TAO-USD	+0.0100%	1h	315.10	+0.322%	$167K	$2K	10x	as long as short
MEXC TAO_USDT	+0.0100%	4h	313.80	−0.092%	$100.8M	$143.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.68	−0.130%	$17.7M	$31.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.70	−0.124%	$35.1M	$56.5M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	313.82	−0.086%	—	$33.0M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.50	+0.132%	$42K	$312K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	313.64	−0.144%	$532K	$955K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.57	+0.153%	$46K	$255K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	313.70	−0.124%	$77K	$863K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	314.02	−0.022%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.56	−0.169%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.51	−0.185%	$109K	$535K	20x	as long as short
Aevo TAO-PERPlong	+0.0104%	1h	314.09	long leg	$172K	$998	3x
Orderly PERP_TAO_USDC	+0.0122%	4h	313.66	−0.137%	$52K	$271K	10x	as long as short
Hyperliquid TAO	+0.0134%	1h	314.11	+0.007%	$92.2M	$106.6M	5x	as long as short
Aster TAOUSDT	+0.0137%	4h	313.85	−0.077%	$1.2M	$10.4M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0143% / S +0.0124%	1h	313.82	−0.085%	$426K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0144%	8h	314.19	+0.031%	$14K	$1K	10x	as long as short
Extended TAO-USD	+0.0184%	1h	313.85	−0.076%	$918K	$2.4M	25x	as long as short
Nado TAO-PERPshort	+0.0195%	1h	313.78	−0.099%	$797K	$2.2M	10x
Arcus TAO-USD	+0.0231%	1h	314.22	+0.042%	$102K	$441K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.51	+0.134%	$4.6M	$10.8M	100x	as long as short
01 Exchange TAOUSD	+0.0352%	1h	314.20	+0.035%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0361%	1h	313.58	−0.162%	$311K	$914K	10x	as long as short
Variational Omni TAO	+0.0362%	4h	313.70	−0.124%	$5.6M	$9.9M	—	as long as short
Lighter TAO	+0.0400%	1h	314.37	+0.089%	$1.5M	$6.4M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0404%	1h	313.69	−0.128%	$21K	$1.7M	25x	as long as short
Phoenix TAO	+0.0581%	1h	313.60	−0.156%	$312K	$711K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	313.75	−0.108%	$361	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	314.08	−0.004%	$435K	$653K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	314.92	+0.264%	$1.5M	$6.7M	50x	as long as short
Phemex TAOUSDT	+0.1188%	4h	313.73	−0.114%	$3.2M	$8.1M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	317.67	+1.140%	$23K	$2K	12x	as long as short