Funding you earn now, next payment 00:00 UTC+0.0395%/8h= +43.2% APRpaid last 24h +0.045%
Price spread now: Nado against BingX−0.040%7-day average +0.011% · 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−$33as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)+0.262%+$26 · spread now −0.040%, 7d avg +0.011%
=Together, before fees+0.314%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.050% cheaper against BingX than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.011%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.052% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.052% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAO-USDT | 313.14 | 0.0100 | pay 0.0050% / 4h | 52m 10s | — | $30.3M | — |
| Short | Nado TAO-PERP | 313.01 | 0.0495 | get 0.0062% / 1h | 52m 10s | $838K | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.93
- Price spread: −0.040% → +0.011%
- −$5.05
- Slippage, 4 orders
- −$10.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $49.99
- Costs to cover
- 0.279%
- Break-even
- 2.8 days
Slippage from BingX: live order book, 2 min ago; Nado: live order book, 2 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 BingX live order book, 2 min ago | 0.48 bp | 5.6 bp −$6 | 12.6 bp −$126 | 34.8 bp −$3,479 | 135.0 bp −$67.5K |
| Sell Nado live order book, 2 min ago | 0.16 bp | 7.0 bp −$7 | 23.1 bp −$231 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1120% | 1h | 305.94 | −2.299% | $164K | $52K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 312.29 | −0.270% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.52 | −0.197% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 308.73 | −1.408% | $22K | $259 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.17 | +0.010% | $40K | $549K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.82 | −0.103% | $370K | $370K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.99 | −0.049% | $88.6M | $420.9M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.04 | −0.032% | $61.1M | $123.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.20 | +0.019% | $25.1M | $99.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.80 | −0.109% | $12.5M | $48.6M | 50x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.22 | +0.026% | $119.9M | $125.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.82 | −0.102% | $19.0M | $27.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.04 | −0.032% | $35.1M | $46.1M | 50x | as long as short |
| BingX TAO-USDTlong | +0.0100% | 4h | 313.14 | long leg | — | $30.3M | — | |
| edgeX TAOUSDC | +0.0100% | 4h | 314.17 | +0.328% | $41K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.25 | +0.356% | $520K | $950K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 312.66 | −0.153% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.59 | −0.176% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.76 | −0.121% | $128K | $393K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.55 | −0.188% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.77 | −0.117% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 313.05 | −0.029% | $3K | $536K | 5x | as long as short |
| Bullet TAO-USD | +0.0112% | 1h | 312.81 | −0.105% | $11K | $17K | 20x | as long as short |
| Polymarket Perps TAO-USD | +0.0135% | 1h | 313.26 | +0.038% | $77K | $524K | 5x | as long as short |
| Variational Omni TAO | +0.0177% | 4h | 314.40 | +0.403% | $3.9M | $6.9M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0185% | 8h | 312.87 | −0.086% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 313.25 | +0.035% | $80K | $644K | 5x | as long as short |
| Aster TAOUSDT | +0.0202% | 4h | 312.67 | −0.150% | $1.1M | $7.8M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.50 | −0.204% | $4.3M | $9.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0351% | 1h | 312.68 | −0.146% | $19K | $1.4M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0361% | 1h | 314.07 | +0.297% | $47K | $269K | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0449% | 1h | 312.62 | −0.167% | $5.8M | $19.8M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 312.50 | −0.204% | $448K | — | 100x | as long as short |
| Nado TAO-PERPshort | +0.0495% | 1h | 313.01 | −0.040% | $838K | $2.0M | 10x | |
| Phoenix TAO | +0.0537% | 1h | 312.70 | −0.141% | $327K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0544% | 1h | 313.17 | +0.010% | $300K | $798K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 312.78 | −0.116% | $360 | — | 20x | as long as short |
| Extended TAO-USD | +0.0800% | 1h | 312.64 | −0.159% | $864K | $2.1M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0864% | 1h | 313.52 | +0.121% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 313.17 | +0.010% | $1.5M | $5.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 313.33 | +0.061% | $431K | $536K | 5x | as long as short |
| Lighter TAO | +0.1312% | 1h | 313.12 | −0.007% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2268% | 1h | 313.77 | +0.201% | $98.2M | $82.7M | 5x | as long as short |
BingX TAO-USDT
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Bullet TAO-USD
Polymarket Perps TAO-USD
Variational Omni TAO
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO